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Q1 EPS Estimates for Gibson Energy Lowered by Analyst


Q1 EPS Estimates for Gibson Energy Lowered by Analyst

Gibson Energy Inc. (TSE:GEI - Free Report) - Equities researchers at Atb Cap Markets dropped their Q1 2025 EPS estimates for Gibson Energy in a note issued to investors on Wednesday, December 4th. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings of $0.38 per share for the quarter, down from their prior forecast of $0.41. Atb Cap Markets also issued estimates for Gibson Energy's FY2025 earnings at $1.58 EPS and FY2026 earnings at $1.75 EPS.

A number of other brokerages have also recently commented on GEI. BMO Capital Markets upgraded Gibson Energy from a "market perform" rating to an "outperform" rating and boosted their price objective for the stock from C$25.50 to C$28.00 in a research note on Thursday. Scotiabank upped their price target on Gibson Energy from C$25.00 to C$26.00 in a report on Thursday. Raymond James lifted their price objective on shares of Gibson Energy from C$28.50 to C$30.00 in a research note on Thursday. Royal Bank of Canada lifted their price target on shares of Gibson Energy from C$27.00 to C$28.00 and gave the stock an "outperform" rating in a research note on Thursday, October 3rd. Finally, Jefferies Financial Group boosted their price objective on shares of Gibson Energy from C$25.00 to C$26.00 in a report on Thursday. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of C$26.70.

Check Out Our Latest Stock Analysis on Gibson Energy

Shares of GEI stock opened at C$25.59 on Monday. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 292.01. The company has a market cap of C$4.17 billion, a PE ratio of 24.14, a P/E/G ratio of 1.85 and a beta of 1.25. The company's fifty day simple moving average is C$23.27 and its 200-day simple moving average is C$22.73. Gibson Energy has a 52 week low of C$19.42 and a 52 week high of C$26.10.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 6.41%. The ex-dividend date is Tuesday, December 31st. Gibson Energy's payout ratio is currently 154.72%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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