Analysts Issue Forecasts for Gibson Energy FY2025 Earnings

Gibson Energy Inc. (TSE:GEI) – Stock analysts at National Bank Financial lifted their FY2025 earnings per share estimates for shares of Gibson Energy in a research report issued to clients and investors on Wednesday, December 4th. National Bank Financial analyst P. Kenny now expects that the company will post earnings of $1.75 per share for the year, up from their previous estimate of $1.64.

GEI has been the subject of several other research reports. National Bankshares lifted their price objective on Gibson Energy from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research report on Friday, August 23rd. CIBC lifted their price objective on Gibson Energy from C$27.00 to C$29.00 in a research report on Thursday, December 5th. JPMorgan Chase & Co. lowered their target price on Gibson Energy from C$27.00 to C$26.00 in a research note on Wednesday, October 2nd. Royal Bank of Canada lifted their target price on Gibson Energy from C$27.00 to C$28.00 and gave the company an “outperform” rating in a research note on Thursday, October 3rd. Finally, Scotiabank lifted their target price on Gibson Energy from C$25.00 to C$26.00 in a research note on Thursday, December 5th. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$26.70.

Gibson Energy Trading Down 1.7 %

Shares of GEI opened at C$24.64 on Monday. The stock has a fifty day moving average price of C$23.36 and a two-hundred day moving average price of C$22.76. The company has a debt-to-equity ratio of 292.01, a quick ratio of 0.87 and a current ratio of 1.18. Gibson Energy has a 52-week low of C$19.42 and a 52-week high of C$26.10. The company has a market cap of C$4.01 billion, a price-to-earnings ratio of 23.25, a PEG ratio of 1.85 and a beta of 1.25.

Gibson Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.41 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.64 dividend on an annualized basis and a dividend yield of 6.66%. Gibson Energy’s dividend payout ratio (DPR) is presently 154.72%.

Insider Buying and Selling

In other Gibson Energy news, Director Curtis Philippon bought 40,000 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was purchased at an average cost of C$25.46 per share, with a total value of C$1,018,400.00. 0.85% of the stock is owned by insiders.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.