Key Points
- Director Craig Richardson bought 1,000 shares of Gibson Energy on Dec. 15 at C$26.07 (C$26,070), doubling his stake to 2,000 shares valued at C$52,140 — a 100% increase in his position.
- Multiple analysts have recently adjusted ratings and targets (Natl Bk Canada upgraded to strong-buy, RBC and BMO raised price targets), and the consensus rating is a Moderate Buy with a consensus price target of C$26.59.
- Gibson is trading around C$25.80 (down 0.8%), with a 52-week range of C$19.63–C$27.37, a market cap of C$4.23B, and notably high leverage (debt-to-equity 278.33) alongside a P/E of 28.04.
Gibson Energy Inc. (TSE:GEI - Get Free Report) Director Craig Richardson purchased 1,000 shares of Gibson Energy stock in a transaction that occurred on Monday, December 15th. The stock was purchased at an average price of C$26.07 per share, with a total value of C$26,070.00. Following the transaction, the director owned 2,000 shares in the company, valued at C$52,140. This represents a 100.00% increase in their position.
Gibson Energy Trading Down 0.8%
Gibson Energy stock opened at C$25.80 on Tuesday. Gibson Energy Inc. has a 52 week low of C$19.63 and a 52 week high of C$27.37. The company has a debt-to-equity ratio of 278.33, a quick ratio of 0.87 and a current ratio of 0.70. The firm has a market capitalization of C$4.23 billion, a price-to-earnings ratio of 28.04, a P/E/G ratio of 1.85 and a beta of 0.23. The company has a 50 day moving average price of C$24.51 and a 200 day moving average price of C$24.86.
Gibson Energy (TSE:GEI - Get Free Report) last released its earnings results on Monday, November 3rd. The company reported C$0.28 earnings per share (EPS) for the quarter. The company had revenue of C$2.88 billion during the quarter. Gibson Energy had a return on equity of 22.60% and a net margin of 1.73%.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on GEI shares. Natl Bk Canada upgraded Gibson Energy from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, December 2nd. Royal Bank Of Canada increased their price target on shares of Gibson Energy from C$26.00 to C$28.00 in a research report on Wednesday, December 3rd. BMO Capital Markets raised their price target on shares of Gibson Energy from C$25.00 to C$27.00 in a report on Wednesday, December 3rd. TD Securities lowered their price objective on shares of Gibson Energy from C$24.00 to C$23.00 and set a "hold" rating on the stock in a research report on Tuesday, November 4th. Finally, Scotiabank downgraded shares of Gibson Energy from an "outperform" rating to a "hold" rating and cut their target price for the stock from C$27.00 to C$25.00 in a research report on Monday, October 20th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$26.59.
Read Our Latest Stock Report on Gibson Energy
Gibson Energy Company Profile
(
Get Free Report)
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.
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