Scotiabank Lowers Earnings Estimates for Gibson Energy

Gibson Energy Inc. (TSE:GEI) – Stock analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Gibson Energy in a research report issued to clients and investors on Wednesday, May 6th. Scotiabank analyst R. Hope now forecasts that the company will post earnings per share of $1.08 for the year, down from their previous estimate of $1.38.

Separately, TD Securities upped their target price on shares of Gibson Energy from C$26.00 to C$29.00 and gave the company a “hold” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Gibson Energy has an average rating of “Moderate Buy” and an average price target of C$27.50.

Gibson Energy Price Performance

Shares of TSE GEI opened at C$27.82 on Friday. The stock’s 50-day simple moving average is C$29.07 and its 200-day simple moving average is C$26.80. The firm has a market capitalization of C$4.80 billion, a PE ratio of 23.18, a price-to-earnings-growth ratio of 1.85 and a beta of 0.21. Gibson Energy has a fifty-two week low of C$21.98 and a fifty-two week high of C$30.50. The company has a debt-to-equity ratio of 281.88, a quick ratio of 0.87 and a current ratio of 1.17.

Gibson Energy (TSE:GEI) last posted its quarterly earnings results on Monday, May 4th. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$2.75 billion during the quarter. Gibson Energy had a net margin of 1.37% and a return on equity of 16.60%.

Gibson Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Friday, April 17th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend was Monday, March 30th. Gibson Energy’s dividend payout ratio is currently 143.33%.

About Gibson Energy

Gibson is a leading liquids Infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. Headquartered in Calgary, Alberta, the Company’s operations are located across North America, with core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan. Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange.