Gibson Energy Inc. (TSE:GEI – Free Report) – Equities researchers at Raymond James reduced their FY2026 earnings per share estimates for shares of Gibson Energy in a research note issued on Wednesday, February 19th. Raymond James analyst M. Barth now forecasts that the company will post earnings of $1.83 per share for the year, down from their previous forecast of $1.91. Raymond James has a “Strong-Buy” rating and a $29.50 price objective on the stock. Raymond James also issued estimates for Gibson Energy’s FY2027 earnings at $1.93 EPS.
GEI has been the topic of a number of other reports. National Bankshares cut Gibson Energy from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$29.00 to C$24.00 in a research report on Wednesday, February 19th. Wells Fargo & Company cut Gibson Energy from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, December 18th. Scotiabank decreased their target price on Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a report on Thursday. Royal Bank of Canada decreased their target price on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, TD Securities decreased their target price on Gibson Energy from C$25.00 to C$24.00 and set a “hold” rating on the stock in a report on Thursday. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$25.86.
Gibson Energy Stock Up 0.6 %
Shares of GEI stock opened at C$21.27 on Monday. Gibson Energy has a 12 month low of C$20.83 and a 12 month high of C$26.10. The firm has a market cap of C$3.47 billion, a PE ratio of 16.40, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The stock has a 50 day moving average of C$24.57 and a 200-day moving average of C$23.40. The company has a quick ratio of 0.87, a current ratio of 0.70 and a debt-to-equity ratio of 278.33.
Insiders Place Their Bets
In related news, Director Curtis Philippon purchased 40,000 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were purchased at an average cost of C$25.46 per share, with a total value of C$1,018,400.00. Also, Senior Officer Riley Hicks acquired 8,900 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was acquired at an average cost of C$21.10 per share, for a total transaction of C$187,790.00. In the last quarter, insiders have bought 75,910 shares of company stock worth $1,786,139. Company insiders own 0.85% of the company’s stock.
About Gibson Energy
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.
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