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Gibson Energy to Host Investor Day on December 2, 2025
Globenewswire· 2025-11-25 14:00
CALGARY, Alberta, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX: GEI) (“Gibson” or the “Company”) announced today that it will host an Investor Day on the morning of December 2, 2025, in Toronto, Ontario. A live webcast will be available for all interested participants. Members of Gibson’s senior executive team will provide an update on the Company’s strategy, operations, recent developments and long-term plan. Event DetailsDate: December 2, 2025Time: 8:30am Eastern Time (6:30am Mountain Time)We ...
Gibson Energy Delivers Record Throughput and Continued Growth Across Canadian and U.S. Terminals in Q3 2025
Globenewswire· 2025-11-03 21:01
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today its financial and operating results for the three and nine months ended September 30, 2025. Key Highlights: Delivered Infrastructure Adjusted EBITDA(1) of $154 million, driven by strong volume growthCanadian record of 1.5 mmbbl per day, a 26% increase year-over-year, led by Hardisty and TMX-connected tanks at Edmonto ...
Gibson Energy Confirms 2025 Third Quarter Earnings Release Date and Provides Conference Call & Webcast Details
Globenewswire· 2025-10-08 20:01
Core Insights - Gibson Energy Inc. is set to release its 2025 third quarter financial and operating results on November 3, 2025, after North American markets close [1] - A conference call and webcast to discuss these results will take place on November 4, 2025, 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] Communication Details - Registration for the conference call is recommended at least five minutes prior to the event [2] - The webcast will be available for 12 months following the live broadcast [3] - For further inquiries, the company provides contact information for both investor relations and media [6]
Gibson Energy Announces Renewal of Normal Course Issuer Bid
Globenewswire· 2025-09-16 13:00
Core Viewpoint - Gibson Energy Inc. has announced the renewal of its Normal Course Issuer Bid (NCIB), allowing the company to repurchase up to 7.5% of its public float over the next year, starting September 18, 2025 [2][4]. Group 1: NCIB Details - The Board of Directors has approved the renewal of the NCIB, which allows the company to purchase and cancel up to 10,182,288 common shares, representing 7.5% of the public float as of September 15, 2025 [2]. - The NCIB will be conducted in accordance with TSX rules, with a daily purchase limit of 164,279 common shares, which is 25% of the average daily trading volume over the six months ending August 31, 2025 [3]. - The NCIB will terminate on the earlier of September 17, 2026, or when the maximum number of shares has been purchased [3]. Group 2: Share Repurchase Strategy - The price for repurchased shares will be based on the market price at the time of purchase, with the company aiming to maximize returns to shareholders through the NCIB [4]. - The company did not repurchase any shares under the previous NCIB that ran from September 18, 2024, to September 17, 2025, despite having approval for 9,958,026 shares [4]. Group 3: Automatic Purchase Plan - Gibson has renewed its automatic purchase plan with BMO Nesbitt Burns Inc., allowing for share purchases at any time, including during regulatory restrictions or blackout periods [5]. Group 4: Company Overview - Gibson Energy is a leading liquids infrastructure company, focusing on the storage, optimization, processing, and gathering of liquids and refined products, with operations across North America [6].
Gibson Energy Announces $375 Million Senior Unsecured Note Offering Due 2032
GlobeNewswire News Room· 2025-08-18 20:01
Group 1 - Gibson Energy Inc. announced the issuance of $375 million of 4.45% senior unsecured notes due August 20, 2032 [1] - The offering is expected to close on August 20, 2025, and the net proceeds will be used for debt repayment and general corporate purposes [2] - The notes are being offered in Canada through a syndicate of agents led by RBC Capital Markets and BMO Capital Markets [3] Group 2 - Gibson is a leading liquids infrastructure company involved in the storage, optimization, processing, and gathering of liquids and refined products [5] - The company's operations are located across North America, with key terminal assets in Hardisty and Edmonton, Alberta, and Ingleside and Wink, Texas [5] - Gibson shares trade under the symbol GEI on the Toronto Stock Exchange [6]
Gibson Energy Reports 2025 Second Quarter Results, Including Record Volumes at Gateway Following Dredging Completion
Globenewswire· 2025-07-28 20:01
Core Viewpoint - Gibson Energy Inc. reported strong financial and operational results for the second quarter of 2025, highlighting significant growth potential and operational improvements following the completion of key projects [3][4]. Financial Highlights - Infrastructure Adjusted EBITDA reached $153 million, consistent with the same quarter in 2024, driven by increased throughput at Edmonton and Gateway, alongside reduced operating costs [7]. - Adjusted EBITDA on a consolidated basis was $146 million, a decrease of $13 million from the second quarter of 2024, primarily due to lower contributions from the Marketing segment [7]. - Net income for the quarter was $61 million, down $3 million from the previous year, influenced by various factors affecting segment EBITDA [7]. - Distributable Cash Flow (DCF) was $81 million, a decrease of $20 million from the second quarter of 2024, attributed to lower Adjusted EBITDA and higher capital expenditures [7]. - The dividend payout ratio was 83%, slightly above the target range of 70% – 80%, with expectations for improvement in the second half of the year [7][23]. Strategic & Business Developments - The completion of the Gateway dredging project has increased average throughput at the terminal by approximately 20%, contributing to record-setting quarterly performance [3][6]. - Major turnarounds at the Moose Jaw Facility and the Hardisty Diluent Recovery Unit were executed on time and under budget, with zero recordable injuries [6]. - The company achieved recurring and non-recurring cost savings of approximately $9 million in the quarter, leading to a 12% increase in DCF per share [6]. - Morningstar DBRS reaffirmed Gibson's Investment Grade credit rating at BBB (low) following the quarter [6][15]. Operational Metrics - The company surpassed 9.5 million hours without a lost-time injury, reflecting a strong safety culture [6]. - The net debt to Adjusted EBITDA ratio was 4.0x as of June 30, 2025, compared to 3.5x a year earlier, indicating higher capital spending and lower Marketing contributions [7][24][25].
Gibson Energy Confirms 2025 Second Quarter Earnings Release Date and Provides Conference Call & Webcast Details
GlobeNewswire News Room· 2025-07-10 20:01
Core Points - Gibson Energy Inc. is set to release its 2025 second quarter financial and operating results on July 28, 2025, after North American market close [1] - A conference call and webcast to discuss these results will take place on July 29, 2025, at 7:00am Mountain Time [2] - The webcast will be available for 12 months following the live broadcast [3] 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 [4] - 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 a facility in Moose Jaw, Saskatchewan [4] - Gibson shares are traded under the symbol GEI on the Toronto Stock Exchange [5]
Gibson Energy Confirms 2025 Second Quarter Earnings Release Date and Provides Conference Call & Webcast Details
Globenewswire· 2025-07-10 20:01
Group 1 - Gibson Energy Inc. will release its 2025 second quarter financial and operating results on July 28, 2025, after North American markets close [1] - The management's discussion and analysis along with unaudited consolidated financial statements will be available on the company's website and SEDAR+ [1] - A conference call and webcast to discuss the results will take place on July 29, 2025, at 7:00am Mountain Time [2] Group 2 - The conference call will be accessible via a registration link, and registration is recommended at least five minutes prior to the call [2] - The webcast will be available for 12 months after the live broadcast [3] - Gibson Energy is a leading liquids infrastructure company, focusing on storage, optimization, processing, and gathering of liquids and refined products [4] Group 3 - The company 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] - Gibson shares are traded under the symbol GEI on the Toronto Stock Exchange [5]
Gibson Energy Announces Voting Results for Election of Board of Directors
Globenewswire· 2025-05-06 20:25
Core Viewpoint - Gibson Energy Inc. held its hybrid annual and special meeting of shareholders on May 6, 2025, where the voting results for the election of directors were announced [1]. Voting Results - James M. Estey received 106,873,651 votes (94.68% for) and 6,008,544 votes withheld (5.32% withheld) [2] - Douglas P. Bloom received 111,845,680 votes (99.08% for) and 1,036,515 votes withheld (0.92% withheld) [2] - Judy E. Cotte received 112,595,373 votes (99.75% for) and 286,822 votes withheld (0.25% withheld) [2] - Heidi L. Dutton received 112,486,803 votes (99.65% for) and 395,392 votes withheld (0.35% withheld) [2] - Maria A. Hooper received 112,290,167 votes (99.48% for) and 592,028 votes withheld (0.52% withheld) [2] - Diane A. Kazarian received 112,185,767 votes (99.38% for) and 696,428 votes withheld (0.62% withheld) [2] - Margaret C. Montana received 111,997,736 votes (99.22% for) and 884,459 votes withheld (0.78% withheld) [2] - Khalid A. Muslih received 112,077,166 votes (99.29% for) and 805,029 votes withheld (0.71% withheld) [2] - Craig V. Richardson received 112,325,407 votes (99.51% for) and 556,788 votes withheld (0.49% withheld) [2] - Curtis D. Philippon received 112,520,215 votes (99.68% for) and 361,980 votes withheld (0.32% withheld) [2] Company Overview - Gibson Energy is a leading liquids infrastructure company focused on 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 core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan [3][4]
Gibson Energy Declares Dividend
Globenewswire· 2025-05-05 20:02
Core Points - Gibson Energy Inc. has announced a quarterly dividend of $0.43 per common share, payable on July 17, 2025, to shareholders of record on June 30, 2025 [1] - The dividend is designated as an eligible dividend for Canadian income tax purposes, and non-resident shareholders will be subject to Canadian withholding tax [1] 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] Stock Information - Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange [3]