Gibson Energy Inc. (TSE:GEI – Get Free Report) announced a quarterly dividend on Tuesday, October 29th, Zacks reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.41 per share on Friday, January 17th. This represents a $1.64 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date of this dividend is Tuesday, December 31st.
Gibson Energy Stock Performance
TSE:GEI opened at C$23.09 on Thursday. The firm’s 50-day moving average is C$22.58 and its 200-day moving average is C$22.60. The company has a market cap of C$3.76 billion, a price-to-earnings ratio of 21.78, a PEG ratio of 1.85 and a beta of 1.25. The company has a debt-to-equity ratio of 292.01, a quick ratio of 0.87 and a current ratio of 1.18. Gibson Energy has a 52-week low of C$19.33 and a 52-week high of C$24.33.
Gibson Energy (TSE:GEI – Get Free Report) last issued its quarterly earnings results on Monday, July 29th. The company reported C$0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.36 by C$0.02. Gibson Energy had a return on equity of 23.48% and a net margin of 1.42%. The firm had revenue of C$3.23 billion for the quarter.
Analysts Set New Price Targets
Get Our Latest Stock Report on GEI
Insider Activity
In other Gibson Energy news, Director Curtis Philippon purchased 23,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The stock was purchased at an average cost of C$22.03 per share, with a total value of C$506,690.00. In related news, Director Margaret Cahill Montana bought 3,400 shares of the company’s stock in a transaction on Wednesday, August 7th. The stock was bought at an average cost of C$21.52 per share, with a total value of C$73,168.00. Also, Director Curtis Philippon purchased 23,000 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The shares were bought at an average cost of C$22.03 per share, for a total transaction of C$506,690.00. 0.85% of the stock is currently owned by corporate insiders.
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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