GEI.TO - Gibson Energy Inc.

Toronto - Toronto Delayed Price. Currency in CAD
20.63
-0.10 (-0.48%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close20.73
Open20.60
Bid20.61 x N/A
Ask20.63 x N/A
Day's Range20.45 - 21.32
52 Week Range10.96 - 28.34
Volume480,278
Avg. Volume560,509
Market Cap3.016B
Beta (5Y Monthly)1.56
PE Ratio (TTM)17.92
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.36 (6.56%)
Ex-Dividend DateJun. 29, 2020
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Gibson Energy Confirms 2020 Second Quarter Earnings Release Date and Provides Conference Call & Webcast Details

    CALGARY, Alberta, July 07, 2020 -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today it expects to release its 2020 second quarter financial and.

  • GlobeNewswire

    Gibson Energy Announces $650 Million Medium Term Note Offering and Redemption of $600 Million Senior Unsecured Notes Due 2024

    Gibson Energy Inc. (“Gibson” or the “Company”) (GEI.TO), announced today that it will issue $650 million of senior unsecured medium term notes (the "Offering") consisting of $325 million of 2.45% notes with a maturity date of five years from the date of issue and $325 million of 2.85% notes with a maturity date of seven years from the date of issue. Gibson intends to use the net proceeds from the sale of the notes for the redemption of its outstanding $600 million 5.25% senior unsecured notes due July 15, 2024 (the “2024 Notes”), to reduce outstanding indebtedness under its revolving credit facility and for general corporate purposes.

  • GlobeNewswire

    Gibson Energy Announces Voting Results for Election of Board of Directors

    CALGARY, Alberta, May 05, 2020 -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today the voting results for the election of directors at the Company’s.

  • GlobeNewswire

    Gibson Energy Declares Dividend

    Calgary, Alberta, May 04, 2020 -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today that its Board of Directors has approved a quarterly dividend of.

  • GlobeNewswire

    Gibson Energy Announces 2020 First Quarter Results

    Gibson Energy Inc. (“Gibson” or the “Company”) (GEI.TO), announced today its financial and operating results for the three months ended March 31, 2020. “Gibson delivered strong operational and financial results in the first quarter, driven by the continued growth of stable, long-term cash flows from our Infrastructure segment, which have increased over 40% in the last two years and are expected to represent roughly 80% of our business in 2020,” said Steve Spaulding, President and Chief Executive Officer.

  • GlobeNewswire

    Gibson Energy Publishes Inaugural Sustainability Report

    Gibson Energy Inc. (“Gibson” or the “Company”) (GEI.TO), announced today the release of its inaugural Sustainability Report, which formalizes Gibson’s commitment to sustainability and marks the beginning of the Company’s efforts to consolidate and report on its work in this important area. “We are excited to release our inaugural Sustainability Report, which signifies our commitment to further embed environmental, social and governance principles into our business and day-to-day operations,” said Steve Spaulding, President and Chief Executive Officer.

  • GlobeNewswire

    Gibson Energy Confirms 2020 First Quarter Earnings Release and Annual General Meeting Dates and Provides Conference Call & Webcast Details

    Gibson Energy Inc. (“Gibson” or the “Company”) (GEI.TO), announced today it expects to release its 2020 first quarter financial and operating results on Monday, May 4, 2020 after the close of North American markets. The 2020 first quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com. A conference call and webcast will be held to discuss the 2020 first quarter financial and operating results at 7:00am Mountain Time (9:00am Eastern Time) on Tuesday, May 5, 2020.

  • GlobeNewswire

    Gibson Energy Announces the Addition of Ms. Judy Cotte to the Company’s Board of Directors

    Gibson Energy Inc. (“Gibson” or the “Company”), (GEI.TO), announced today that Ms. Judy Cotte will join the Company’s Board of Directors effective March 17, 2020. “We are very excited to have Judy Cotte join Gibson’s Board of Directors,” said James Estey, Chairman of Gibson.

  • GlobeNewswire

    Gibson Energy and USD Announce Government of Alberta Approval of Hardisty DRU and Finalization of Agreements to Sanction the Construction of the Initial 50,000 bbl/d of Capacity

    US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (GEI.TO) jointly announced the receipt of all required regulatory approvals from the Government of Alberta to proceed with the construction of a diluent recovery unit (DRU) near Hardisty, Alberta, Canada. Additionally, USD and Gibson have finalized all required commercial agreements with ConocoPhillips Canada to fully underpin and sanction the construction of the initial phase of the DRU at 50,000 barrels per day of inlet bitumen blend capacity and enable rail shipments of DRUbit™ to the U.S. Gulf Coast. Construction of the DRU is expected to begin in April 2020, and the DRU could be placed into service later in the second quarter of 2021.

  • GlobeNewswire

    Gibson Energy Announces Dividend Increase and Declares Dividend

    Gibson Energy Inc. (“Gibson” or the “Company”) (GEI.TO), announced today that its Board of Directors has approved a quarterly dividend of $0.34 per common share, an increase of $0.01 per common share, which will be payable on April 17, 2020, to shareholders of record at the close of business on March 31, 2020. For non-resident shareholders, Gibson’s dividends are subject to Canadian withholding tax. “Over the past two years, we have focused our business on high-quality, long-term oil infrastructure assets, driven meaningful distributable cash flow per share growth and significantly strengthened our financial position, enabling the Company to resume dividend growth as to deliver on the remaining tenet of the strategy we announced at the start of 2018,” said Steve Spaulding, President and Chief Executive Officer.

  • GlobeNewswire

    Gibson Energy Announces 2019 Fourth Quarter and Year-End Results and Announces a Dividend Increase

    Gibson Energy Inc. (“Gibson” or the “Company”) (GEI.TO), announced today its financial and operating results for the three months and fiscal year ended December 31, 2019. “Gibson continued to deliver strong, consistent operational and financial results throughout 2019, while also executing on the strategy and completing the transformation we outlined at the start of 2018,” said Steve Spaulding, President and Chief Executive Officer. In addition, we provided visibility to growth through to 2021 with the sanction of three additional tanks and the DRU at Hardisty, while remaining fully-funded with both leverage and payout well below target levels.

  • GlobeNewswire

    Gibson Energy Confirms 2019 Fourth Quarter and Year-End Earnings Release Date and Provides Conference Call & Webcast Details

    CALGARY, Alberta, Jan. 27, 2020 -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today it expects to release its 2019 fourth quarter and year-end.

  • GlobeNewswire

    Gibson Energy Announces One Million Barrel Expansion at Hardisty Terminal

    Gibson Energy Inc. (“Gibson” or the “Company”), (GEI.TO), announced today it has sanctioned the construction of one million barrels of new tankage at its Hardisty Terminal. One of the tanks is contracted to a new investment grade refining customer, while the second tank will be leased to Gibson’s Marketing segment under an intercompany agreement with the Infrastructure segment.

  • GlobeNewswire

    Gibson Energy Announces 2020 Capital Budget

    Gibson Energy Inc. (“Gibson” or the “Company”) (GEI.TO), announced today that its Board of Directors has approved a 2020 growth capital expenditure budget of approximately $300 million, comprised predominantly of sanctioned growth projects. Additionally, the Board of Directors has approved the allocation of approximately $25 million in replacement capital expenditures. “Gibson’s ability to continue growing our long-term infrastructure businesses, ensuring we meet or exceed our distributable cash flow per share growth targets despite the egress challenges facing western Canada, speaks to the strength of our asset base and our transition into a commercial, execution-focused organization,” said Steve Spaulding, President and Chief Executive Officer.

  • GlobeNewswire

    Gibson Energy and USD Announce Joint Venture to Construct DRU at Hardisty Utilizing Innovative DRUbit™ Technology and Agreement with ConocoPhillips for 50,000 bbl/d of Capacity

    US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (GEI.TO) jointly announced today an agreement to construct and operate a diluent recovery unit (DRU) near Hardisty, Alberta, Canada. ConocoPhillips Canada has contracted to process 50,000 barrels per day of inlet bitumen blend through the DRU to be shipped by Canadian Pacific (CP) (CP.TO) (CP.TO) and Kansas City Southern Railway Company (KCS) (KSU) to the U.S. Gulf Coast.

  • GlobeNewswire

    Gibson Energy Announces 2019 Third Quarter Results

    CALGARY, Alberta, Nov. 04, 2019 -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today its financial and operating results for the three and nine months.

  • GlobeNewswire

    Gibson Energy Confirms 2019 Third Quarter Earnings Release Date and Provides Conference Call & Webcast Details

    CALGARY, Alberta, Oct. 07, 2019 -- Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today it expects to release its 2019 third quarter financial and.

  • GlobeNewswire

    Gibson Energy Announces Closing of $500 Million Medium Term Note Offering and Redemption of $300 Million Senior Unsecured Notes Due 2022

    Gibson intends to use the net proceeds from the sale of the Notes for the redemption of its outstanding $300 million 5.375% senior unsecured notes due July 15, 2022 (the “2022 Notes”), to reduce outstanding indebtedness under its revolving credit facility and for general corporate purposes. The Notes have been assigned ratings of “BBB–” by S&P Global Ratings and “BBB (low)” with a “Stable” trend by DBRS Limited.

  • GlobeNewswire

    Gibson Energy Announces $500 Million Medium Term Note Offering

    The offering of the Notes is expected to close on or about September 17, 2019, subject to customary closing conditions.  Gibson intends to use the net proceeds from the sale of the Notes for the redemption of its outstanding $300 million 5.375% senior unsecured notes due July 15, 2022, to reduce outstanding indebtedness under its revolving credit facility and for general corporate purposes. This news release does not constitute an offer to sell or the solicitation of an offer to buy the Notes in any jurisdiction in which such an offer, solicitation or sale would be unlawful.  The Notes have not been approved or disapproved by any regulatory authority.  The Notes have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any securities laws of any state of the United States and may not be offered, sold or delivered in the United States or to, or for the account or benefit of, United States persons.

  • GlobeNewswire

    Gibson Energy Announces the Assignment of Investment Grade Credit Rating By S&P

    CALGARY, Alberta, July 24, 2019 -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced that S&P Global Ratings (“S&P”) has raised its long-term issuer.