Gibson Energy FY2025 EPS Forecast Reduced by Atb Cap Markets

Gibson Energy Inc. (TSE:GEI) – Atb Cap Markets lowered their FY2025 earnings per share estimates for Gibson Energy in a research note issued on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now expects that the company will earn $1.28 per share for the year, down from their previous estimate of $1.29.

Several other equities research analysts have also recently issued reports on GEI. National Bankshares cut shares of Gibson Energy from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$29.00 to C$24.00 in a research report on Wednesday, February 19th. National Bank Financial cut Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Royal Bank of Canada cut their target price on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. ATB Capital dropped their price target on shares of Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. Finally, Jefferies Financial Group reduced their price objective on shares of Gibson Energy from C$26.00 to C$23.00 and set a “hold” rating for the company in a research report on Thursday, February 20th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$25.77.

Gibson Energy Stock Performance

Shares of Gibson Energy stock opened at C$22.04 on Friday. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87. The stock has a market capitalization of C$3.60 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The business has a 50-day moving average of C$21.58 and a 200 day moving average of C$23.25. Gibson Energy has a 12 month low of C$19.63 and a 12 month high of C$26.10.

Insider Activity

In related news, Director Curtis Philippon bought 25,000 shares of the stock in a transaction dated Friday, February 21st. The stock was acquired at an average price of C$21.20 per share, for a total transaction of C$530,000.00. Also, Senior Officer Riley Hicks purchased 8,900 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were purchased at an average cost of C$21.10 per share, with a total value of C$187,790.00. Company insiders own 0.85% of the company’s stock.

Gibson Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Thursday, April 17th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, March 31st. This is an increase from Gibson Energy’s previous quarterly dividend of $0.41. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.80%. Gibson Energy’s payout ratio is 126.47%.

Gibson Energy Company Profile

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.