Gibson Energy FY2025 EPS Cut by Raymond James Financial

Gibson Energy Inc. (TSE:GEI) – Investment analysts at Raymond James Financial lowered their FY2025 earnings per share (EPS) estimates for shares of Gibson Energy in a research report issued on Monday, October 6th. Raymond James Financial analyst M. Barth now anticipates that the company will earn $1.35 per share for the year, down from their previous forecast of $1.42. Raymond James Financial has a “Strong-Buy” rating and a $30.50 price target on the stock. Raymond James Financial also issued estimates for Gibson Energy’s FY2027 earnings at $1.88 EPS.

Other research analysts have also issued reports about the company. Wells Fargo & Company upped their target price on Gibson Energy from C$23.00 to C$24.00 in a research report on Wednesday, July 30th. JPMorgan Chase & Co. increased their price objective on Gibson Energy from C$24.00 to C$25.00 and gave the company an “underweight” rating in a report on Wednesday, August 20th. National Bankshares increased their price objective on Gibson Energy from C$24.00 to C$25.00 and gave the company a “sector perform” rating in a report on Wednesday, July 30th. Jefferies Financial Group raised Gibson Energy from a “hold” rating to a “buy” rating and increased their price objective for the company from C$23.00 to C$28.00 in a report on Wednesday, July 23rd. Finally, ATB Capital increased their price objective on Gibson Energy from C$26.00 to C$27.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$26.41.

Gibson Energy Trading Up 0.7%

Shares of TSE:GEI opened at C$25.28 on Wednesday. The business’s 50-day moving average is C$25.93 and its 200 day moving average is C$23.96. Gibson Energy has a 1 year low of C$19.63 and a 1 year high of C$27.37. The firm has a market capitalization of C$4.14 billion, a P/E ratio of 26.06, a P/E/G ratio of 1.85 and a beta of 0.27. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87.

Gibson Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 6.8%. Gibson Energy’s dividend payout ratio (DPR) is 173.20%.

Insider Buying and Selling

In related news, Director Maria Hooper bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The shares were purchased at an average cost of C$25.72 per share, with a total value of C$128,600.00. Following the completion of the acquisition, the director directly owned 5,000 shares in the company, valued at approximately C$128,600. The trade was a ∞ increase in their ownership of the stock. 0.85% of the stock is currently owned by company insiders.

Gibson Energy Company Profile

Gibson Energy Inc is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility.