Atb Cap Markets Forecasts Reduced Earnings for Gibson Energy

Gibson Energy Inc. (TSE:GEIFree Report) – Atb Cap Markets reduced their Q1 2025 earnings per share estimates for Gibson Energy in a research note issued on Wednesday, December 4th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings of $0.38 per share for the quarter, down from their prior estimate of $0.41. Atb Cap Markets also issued estimates for Gibson Energy’s FY2025 earnings at $1.58 EPS and FY2026 earnings at $1.75 EPS.

Other research analysts also recently issued research reports about the company. CIBC boosted their target price on Gibson Energy from C$27.00 to C$29.00 in a research note on Thursday, December 5th. BMO Capital Markets upgraded Gibson Energy from a “market perform” rating to an “outperform” rating and boosted their target price for the company from C$25.50 to C$28.00 in a research note on Thursday, December 5th. Raymond James boosted their target price on Gibson Energy from C$28.50 to C$30.00 in a research note on Thursday, December 5th. Jefferies Financial Group boosted their target price on Gibson Energy from C$25.00 to C$26.00 in a research note on Thursday, December 5th. Finally, Royal Bank of Canada boosted 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. Nine research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$26.70.

Read Our Latest Report on GEI

Gibson Energy Stock Performance

Shares of GEI stock opened at C$24.64 on Monday. The stock’s fifty day simple moving average is C$23.36 and its 200-day simple moving average is C$22.76. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 292.01. Gibson Energy has a 1-year low of C$19.42 and a 1-year high of C$26.10. The company has a market capitalization of C$4.01 billion, a price-to-earnings ratio of 23.25, a P/E/G ratio of 1.85 and a beta of 1.25.

Gibson Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be given a $0.41 dividend. 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 is currently 154.72%.

Insiders Place Their Bets

In other Gibson Energy news, Director Curtis Philippon acquired 40,000 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was acquired at an average price of C$25.46 per share, with a total value of C$1,018,400.00. Insiders own 0.85% of the company’s stock.

Gibson Energy Company Profile

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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.

See Also

Earnings History and Estimates for Gibson Energy (TSE:GEI)

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