FY2027 EPS Estimates for Gibson Energy Raised by Analyst

Gibson Energy Inc. (TSE:GEI) – Equities research analysts at Scotiabank raised their FY2027 earnings estimates for shares of Gibson Energy in a report issued on Thursday, February 19th. Scotiabank analyst R. Hope now expects that the company will post earnings per share of $1.66 for the year, up from their prior estimate of $1.61.

A number of other brokerages have also recently issued reports on GEI. Canadian Imperial Bank of Commerce increased their target price on Gibson Energy from C$26.00 to C$30.00 in a report on Wednesday, December 3rd. Royal Bank Of Canada increased their price objective on Gibson Energy from C$26.00 to C$28.00 in a research note on Wednesday, December 3rd. National Bank Financial set a C$29.00 target price on shares of Gibson Energy and gave the company an “outperform” rating in a research note on Wednesday, December 17th. TD Securities upped their target price on shares of Gibson Energy from C$26.00 to C$29.00 and gave the stock a “hold” rating in a report on Wednesday, February 18th. Finally, BMO Capital Markets increased their target price on shares of Gibson Energy from C$25.00 to C$27.00 in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$27.50.

Gibson Energy Stock Up 0.9%

Shares of GEI opened at C$28.99 on Monday. The company has a quick ratio of 0.87, a current ratio of 0.70 and a debt-to-equity ratio of 278.33. The company has a 50-day moving average price of C$26.27 and a two-hundred day moving average price of C$25.59. The stock has a market cap of C$4.75 billion, a price-to-earnings ratio of 31.51, a P/E/G ratio of 1.85 and a beta of 0.29. Gibson Energy has a 12 month low of C$19.63 and a 12 month high of C$29.10.

Insider Activity

In other Gibson Energy news, Director Craig Richardson purchased 1,000 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was acquired at an average cost of C$26.07 per share, with a total value of C$26,070.00. Following the completion of the acquisition, the director directly owned 2,000 shares of the company’s stock, valued at C$52,140. This represents a 100.00% increase in their position. 0.85% of the stock is owned by corporate insiders.

Gibson Energy Company Profile

Gibson Energy Inc is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc services Canada and the United States, and the majority of revenue comes from the marketing segment.