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Gibson Energy Announces 5% Dividend Increase & Declares Quarterly Dividend
Globenewswire· 2026-02-17 21:02
Core Viewpoint - Gibson Energy Inc. announced a quarterly dividend increase of $0.02 per common share, bringing the total to $0.45 per share, reflecting a commitment to delivering reliable returns to shareholders [1][2]. Group 1: Dividend Announcement - The Board of Directors approved a quarterly dividend of $0.45 per common share, payable on April 17, 2026, to shareholders of record on March 30, 2026 [1]. - This dividend is designated as an eligible dividend for Canadian income tax purposes, with non-resident shareholders subject to Canadian withholding tax [1]. Group 2: Financial Performance - The increase of five percent in the dividend reflects continued growth in stable Infrastructure cash flows, driven by the successful completion of key capital projects in 2025 [2]. - The company emphasizes a disciplined approach to capital allocation, aiming to provide long-term returns to shareholders [2]. Group 3: Company Overview - Gibson is a leading liquids Infrastructure company involved in the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading [2]. - The company is headquartered in Calgary, Alberta, with operations across North America, including core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan [2].
Gibson Energy Reports 2025 Fourth Quarter and Full Year Results Highlighted by Record Infrastructure EBITDA and Announces 5% Dividend Increase
Globenewswire· 2026-02-17 21:01
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today its financial and operating results for the three and twelve months ended December 31, 2025. Key Highlights: Delivered record quarterly Infrastructure EBITDA(1) of $160 million, driven by strong volume growth and the completion of key capital projectsAnnounced a 5% dividend increase, the seventh consecutive annual in ...
Gibson Energy Announces Closing of $215 Million Bought Deal Offering of Common Shares and Exercise in Full of Over-Allotment Option
Globenewswire· 2026-02-17 13:19
Core Viewpoint - Gibson Energy Inc. has successfully closed a bought deal offering of common shares, raising approximately $215 million to fund the acquisition of Teine Energy Ltd.'s Chauvin Infrastructure Assets, with the transaction expected to close in Q2 2026, pending regulatory approvals [2][3]. Group 1: Equity Offering Details - Gibson issued a total of 8,160,325 common shares at an offering price of $26.35 per share, resulting in total gross proceeds of approximately $215 million [2]. - The offering included shares issued from the full exercise of the over-allotment option granted to underwriters [2]. - The equity offering was conducted through a syndicate of underwriters co-led by CIBC Capital Markets and Scotiabank [4]. Group 2: Use of Proceeds - The net proceeds from the equity offering are intended to partially fund the purchase price for the acquisition of Teine Energy Ltd.'s Chauvin Infrastructure Assets [3]. Group 3: Company Overview - Gibson Energy is a leading liquids infrastructure company, focusing on the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading [5]. - The company is headquartered in Calgary, Alberta, with operations across North America, including core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan [5]. - Gibson shares are traded under the symbol GEI on the Toronto Stock Exchange [6].
Gibson Energy Announces Closing of $215 Million Bought Deal Offering of Common Shares and Exercise in Full of Over-Allotment Option
Globenewswire· 2026-02-17 13:19
Not for distribution to U.S. Newswire Services or for dissemination in the United States. CALGARY, Alberta, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. ("Gibson" or the "Company") (TSX: GEI) is pleased to announce the closing of its previously announced bought deal offering (the "Equity Offering") of common shares ("Common Shares"). Pursuant to the Equity Offering, Gibson issued a total of 8,160,325 Common Shares, inclusive of the Common Shares issued pursuant to the exercise in full of the over-al ...
Imperial Oil Stock Near 52-Week High: Time to Lock in Gains?
ZACKS· 2026-02-10 18:15
Core Insights - Imperial Oil Limited (IMO) shares closed at $114.34, near its 52-week high of $114.52, reflecting a 66.2% gain over the past year, outperforming the sub-industry's 33.5% and the broader oil and energy sector's 17% increase [1][8] - The company has demonstrated strong operational performance with record production levels and cost leadership in its upstream segment, supported by its diversified portfolio [4][6][9] Performance Comparison - Imperial Oil outperformed its peers, including Gibson Energy Inc. (19.7% gain), Suncor Energy Inc. and Cenovus Energy Inc. (both 38.3% gains) over the past year [2][3] Operational Strength - The company achieved its highest annual production in over 30 years at 438,000 gross oil-equivalent barrels per day in 2025, with core oil sands assets like Kearl and Cold Lake providing long-term volume visibility [6][8] - Upstream cost leadership is evident, with normalized unit cash costs at Kearl below C$20 per barrel, targeting C$18 per barrel, and Cold Lake's costs at C$14.67 per barrel, aiming for C$13 per barrel by 2027 [7][9] Shareholder Returns - Imperial Oil returned over C$4.5 billion to shareholders through buybacks and dividends, with a quarterly dividend increase of 20% to 87 Canadian cents per share, reflecting management's confidence in cash flow durability [10][11] - Despite a strong track record of dividend payouts, the annualized yield of 1.8% lags behind peers like Cenovus Energy (2.8%), Gibson Energy (6.1%), and Suncor Energy (3.2%) [10] Financial Position - The company ended 2025 with C$1.1 billion in cash and stable debt of about C$4.0 billion, maintaining a conservative balance sheet and strong operating cash flow of C$6.7 billion [11] - This financial flexibility allows Imperial Oil to fund growth projects and continue shareholder returns without heavy reliance on external financing [11] Conclusion - Imperial Oil has established itself as a leading Canadian energy producer with record production levels and declining upstream costs, providing strong cash flow visibility [18] - The company's integrated model stabilizes returns during oil price weakness, supported by a conservative balance sheet and ExxonMobil's backing [18] - While near-term earnings per share may soften, the company's cost leadership and shareholder-friendly capital allocation justify a patient investment approach [19]
Gibson Energy Confirms 2025 Fourth Quarter & Year-End Earnings Release Date and Provides Conference Call & Webcast Details
Globenewswire· 2026-01-13 21:01
Core Insights - Gibson Energy Inc. is set to release its 2025 fourth quarter and year-end financial and operating results on February 17, 2026, after North American market close [1] - A conference call and webcast to discuss these results will take place on February 18, 2026, at 7:00am Mountain Time [2] - The company operates as a leading liquids infrastructure provider, focusing on storage, optimization, processing, and gathering of liquids and refined products [4] Company Overview - Gibson Energy is headquartered in Calgary, Alberta, with operations across North America, including key terminal assets in Hardisty and Edmonton, Alberta, and Ingleside and Wink, Texas [4] - The company's shares are traded under the symbol GEI on the Toronto Stock Exchange [5]
Gibson Energy Inc. (GEI:CA) Analyst/Investor Day Transcript
Seeking Alpha· 2025-12-02 16:33
PresentationBeth PollockVP of Capital Markets & Corporate Development Good morning, and welcome to Gibson Energy's 2025 Investor Day. For those of you who haven't met me, my name is Beth Pollock, and I'm our Vice President of Capital Markets and Corporate Development. It's great to have so many of you in the room, but also online joining us. It's been 6 years since our last Investor Day, and we are very excited to take this opportunity to tell you a little bit about where we're at and where we're headed as ...
Gibson Energy Inc. (GEI:CA) Analyst/Investor Day - Slideshow (TSX:GEI:CA) 2025-12-02
Seeking Alpha· 2025-12-02 14:08
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Gibson Energy Announces Major Contract Extensions of 20 and 10 Years at Edmonton, Sanctioning of New Wink-to-Gateway Integration Project, and $150 Million of Growth Capital in 2026
Globenewswire· 2025-12-02 11:00
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”) announced today that it has renewed a 20-year take-or-pay refined products services agreement with a senior integrated oil sands customer at its Edmonton Terminal and has extended a terminal storage take-or-pay agreement by an additional 10 years with a senior integrated oil sands customer. The Company also sanctioned an infrastructure projec ...
Gibson Energy to Host Investor Day on December 2, 2025
Globenewswire· 2025-11-25 14:00
Core Viewpoint - Gibson Energy Inc. will host an Investor Day on December 2, 2025, to provide updates on its strategy, operations, and long-term plans [1]. Event Details - The Investor Day is scheduled for December 2, 2025, at 8:30 am Eastern Time (6:30 am Mountain Time) [2]. - A live webcast will be available for participants, and presentation materials will be posted on the company's Investor Centre [2]. Company Overview - Gibson Energy is a leading liquids infrastructure company focused on the storage, optimization, processing, and gathering of liquids and refined products, along with waterborne vessel loading [3]. - The company is headquartered in Calgary, Alberta, with operations across North America, including key terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and Moose Jaw, Saskatchewan [3]. Stock Information - Gibson shares are traded under the symbol GEI on the Toronto Stock Exchange [4].