Analysts Issue Forecasts for Gibson Energy FY2025 Earnings

Gibson Energy Inc. (TSE:GEI) – Investment analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for shares of Gibson Energy in a note issued to investors on Wednesday, December 4th. National Bank Financial analyst P. Kenny now expects that the company will earn $1.75 per share for the year, up from their prior estimate of $1.64.

A number of other analysts have also issued reports on the company. Scotiabank raised their target price on Gibson Energy from C$25.00 to C$26.00 in a report on Thursday, December 5th. Jefferies Financial Group raised their target price on Gibson Energy from C$25.00 to C$26.00 in a report on Thursday, December 5th. BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating and raised their target price for the company from C$25.50 to C$28.00 in a report on Thursday, December 5th. Raymond James raised their target price on Gibson Energy from C$28.50 to C$30.00 in a report on Thursday, December 5th. Finally, Royal Bank of Canada raised their target price on Gibson Energy from C$27.00 to C$28.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Nine research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$26.70.

Gibson Energy Stock Performance

Shares of TSE GEI opened at C$24.64 on Monday. The firm has a market cap 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. The business’s 50-day simple moving average is C$23.36 and its 200-day simple moving average is 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.

Gibson Energy Dividend Announcement

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

Insider Buying and Selling

In related news, Director Curtis Philippon bought 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, for a total transaction of C$1,018,400.00. 0.85% of the stock is owned by corporate 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.