Gibson Energy Inc. (TSE:GEI) – Stock analysts at National Bank Financial issued their Q3 2017 earnings estimates for Gibson Energy in a research note issued on Monday. National Bank Financial analyst P. Kenny expects that the company will post earnings per share of ($0.10) for the quarter.

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Several other brokerages also recently issued reports on GEI. AltaCorp Capital downgraded shares of Gibson Energy from an “outperform” rating to a “sector perform” rating in a research note on Monday, June 26th. CIBC cut their target price on shares of Gibson Energy from C$19.00 to C$18.00 in a research note on Monday, July 24th. BMO Capital Markets cut their target price on shares of Gibson Energy from C$20.00 to C$18.00 in a research note on Wednesday, July 19th. Finally, TD Securities cut their target price on shares of Gibson Energy from C$19.50 to C$18.50 and set a “hold” rating on the stock in a research note on Thursday, August 3rd. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Gibson Energy currently has an average rating of “Hold” and a consensus price target of C$19.78.

Shares of Gibson Energy (TSE GEI) opened at 17.72 on Thursday. The stock has a market cap of $2.53 billion and a P/E ratio of 36.31. Gibson Energy has a 12 month low of $15.57 and a 12 month high of $20.31. The stock has a 50 day moving average price of $17.80 and a 200-day moving average price of $17.69.

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 17th. Stockholders of record on Friday, September 29th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date was Thursday, September 28th.

In other news, Director Sean William Duffee sold 5,000 shares of the company’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of C$17.70, for a total value of C$88,500.00. Insiders sold 27,781 shares of company stock worth $88,500 over the last ninety days.

About Gibson Energy

Gibson Energy Inc is a Canada-based integrated service provider to the oil and gas industry with operations across producing regions throughout North America. The Company is engaged in the movement, storage, blending, processing, marketing and distribution of crude oil, condensate, natural gas liquids (NGLs), water, oilfield waste and refined products.

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