Atb Cap Markets Reduces Earnings Estimates for Gibson Energy

Gibson Energy Inc. (TSE:GEIFree Report) – Atb Cap Markets lowered their Q1 2025 EPS estimates for Gibson Energy in a report issued on Wednesday, February 19th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings of $0.24 per share for the quarter, down from their previous forecast of $0.38. Atb Cap Markets also issued estimates for Gibson Energy’s FY2025 earnings at $1.29 EPS and Q1 2026 earnings at $0.44 EPS.

GEI has been the topic of a number of other reports. Raymond James reduced their price objective on shares of Gibson Energy from C$30.50 to C$29.50 and set a “strong-buy” rating on the stock in a research report on Thursday, February 20th. BMO Capital Markets raised shares of Gibson Energy from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from C$25.50 to C$28.00 in a research report on Thursday, December 5th. Scotiabank reduced their price objective on shares of Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. National Bank Financial cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 19th. Finally, National Bankshares cut shares of Gibson Energy from an “outperform” rating to a “sector perform” rating and dropped their target price for the company from C$29.00 to C$24.00 in a report on Wednesday, February 19th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$25.86.

Check Out Our Latest Stock Analysis on Gibson Energy

Gibson Energy Stock Up 0.6 %

Shares of Gibson Energy stock opened at C$21.45 on Monday. The company has a current ratio of 0.70, a quick ratio of 0.87 and a debt-to-equity ratio of 278.33. The company’s fifty day simple moving average is C$24.44 and its two-hundred day simple moving average is C$23.39. The company has a market cap of C$3.50 billion, a P/E ratio of 16.54, a PEG ratio of 1.85 and a beta of 1.25. Gibson Energy has a 12-month low of C$20.83 and a 12-month high of C$26.10.

Insider Buying and Selling

In other news, Director Curtis Philippon purchased 40,000 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average price of C$25.46 per share, for a total transaction of C$1,018,400.00. Also, Senior Officer Riley Hicks purchased 8,900 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was purchased at an average price of C$21.10 per share, for a total transaction of C$187,790.00. Insiders have bought a total of 75,910 shares of company stock worth $1,786,139 in the last quarter. Corporate insiders own 0.85% of the company’s stock.

About Gibson Energy

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Gibson Energy (TSE:GEI)

Receive News & Ratings for Gibson Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gibson Energy and related companies with MarketBeat.com's FREE daily email newsletter.