Scotiabank Raises Earnings Estimates for Gibson Energy

Gibson Energy Inc. (TSE:GEI) – Investment analysts at Scotiabank lifted their FY2026 earnings per share estimates for Gibson Energy in a research note issued on Wednesday, November 11th. Scotiabank analyst R. Hope now expects that the company will earn $1.46 per share for the year, up from their prior estimate of $1.39. Scotiabank has a “Sector Perform” rating and a $31.00 price objective on the stock. Scotiabank also issued estimates for Gibson Energy’s FY2027 earnings at $1.72 EPS.

GEI has been the subject of several other reports. JPMorgan Chase & Co. increased their price target on shares of Gibson Energy from C$29.00 to C$30.00 in a research note on Thursday, July 30th. BMO Capital Markets boosted their price objective on shares of Gibson Energy from C$31.00 to C$33.00 and gave the stock a “market perform” rating in a research note on Tuesday, November 3rd. Canadian Imperial Bank of Commerce lowered shares of Gibson Energy from an “outperformer” rating to a “hold” rating and set a C$34.00 price objective on the stock. in a research note on Thursday, October 22nd. National Bank Financial upped their price objective on shares of Gibson Energy from C$34.00 to C$35.00 and gave the stock an “outperform” rating in a report on Wednesday, November 4th. Finally, ATB Cormark Capital Markets upped their price objective on shares of Gibson Energy from C$37.00 to C$39.00 and gave the stock an “outperform” rating in a report on Wednesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Gibson Energy has a consensus rating of “Moderate Buy” and an average target price of C$34.20.

Gibson Energy Stock Performance

Shares of GEI stock opened at C$32.56 on Friday. The company’s fifty day moving average price is C$32.11 and its 200-day moving average price is C$30.14. The stock has a market cap of C$5.62 billion, a PE ratio of 27.83, a price-to-earnings-growth ratio of 1.85 and a beta of 0.12. The company has a current ratio of 0.85, a quick ratio of 0.87 and a debt-to-equity ratio of 296.09. Gibson Energy has a 12 month low of C$23.30 and a 12 month high of C$34.66.

Gibson Energy (TSE:GEI) last announced its quarterly earnings data on Monday, November 2nd. The company reported C$0.45 EPS for the quarter. The business had revenue of C$3.69 billion during the quarter. Gibson Energy had a return on equity of 20.74% and a net margin of 1.47%.

Gibson Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Friday, October 16th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Tuesday, September 29th. Gibson Energy’s payout ratio is presently 152.14%.

Gibson Energy Company Profile

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.