Gibson Energy Inc. (TSE:GEI – Free Report) – Investment analysts at Atb Cap Markets dropped their Q2 2024 earnings per share estimates for Gibson Energy in a report issued on Tuesday, July 23rd. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings of $0.37 per share for the quarter, down from their prior estimate of $0.39. The consensus estimate for Gibson Energy’s current full-year earnings is $1.56 per share. Atb Cap Markets also issued estimates for Gibson Energy’s FY2024 earnings at $1.43 EPS.
Gibson Energy (TSE:GEI – Get Free Report) last announced its quarterly earnings results on Monday, April 29th. The company reported C$0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.39 by C($0.14). The business had revenue of C$3.29 billion for the quarter, compared to analyst estimates of C$2.87 billion. Gibson Energy had a net margin of 1.39% and a return on equity of 21.90%.
View Our Latest Analysis on GEI
Gibson Energy Stock Performance
GEI opened at C$23.09 on Thursday. The company has a debt-to-equity ratio of 288.27, a current ratio of 1.03 and a quick ratio of 0.87. The business has a fifty day simple moving average of C$22.84 and a 200 day simple moving average of C$22.36. Gibson Energy has a 1 year low of C$18.45 and a 1 year high of C$23.64. The company has a market capitalization of C$3.75 billion, a PE ratio of 21.99, a price-to-earnings-growth ratio of 1.85 and a beta of 1.29.
Gibson Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 17th. Shareholders of record on Wednesday, July 17th were issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 7.10%. The ex-dividend date was Friday, June 28th. Gibson Energy’s dividend payout ratio (DPR) is presently 156.19%.
Gibson Energy Company Profile
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.
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