GEI has been the subject of several other reports. AltaCorp Capital cut Gibson Energy from an outperform rating to a sector perform rating in a report on Monday, June 26th. BMO Capital Markets dropped their price objective on Gibson Energy from C$20.00 to C$18.00 in a report on Wednesday, July 19th. Royal Bank Of Canada reaffirmed a sector perform rating on shares of Gibson Energy in a report on Tuesday, May 9th. Finally, TD Securities dropped their price objective on Gibson Energy from C$20.00 to C$19.50 and set a hold rating for the company in a report on Wednesday, May 10th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Gibson Energy has a consensus rating of Hold and an average target price of C$19.70.
Shares of Gibson Energy (TSE:GEI) traded up 0.49% during mid-day trading on Monday, reaching $16.38. The company’s stock had a trading volume of 107,917 shares. Gibson Energy has a 52-week low of $15.57 and a 52-week high of $20.31. The firm has a 50 day moving average price of $16.51 and a 200 day moving average price of $18.14. The firm has a market cap of $2.34 billion and a price-to-earnings ratio of 33.57.
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The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 17th. Investors of record on Friday, September 29th will be given a dividend of $0.33 per share. The ex-dividend date is Thursday, September 28th. This represents a $1.32 dividend on an annualized basis and a yield of 8.06%.
Gibson Energy Company Profile
Gibson Energy Inc is a Canada-based integrated service provider to the oil and gas industry with operations across producing regions throughout North America. The Company is engaged in the movement, storage, blending, processing, marketing and distribution of crude oil, condensate, natural gas liquids (NGLs), water, oilfield waste and refined products.
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