Gibson Energy Inc. (GEI) Scheduled to Post Earnings on Wednesday
Gibson Energy Inc. (TSE:GEI) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 8th. Analysts expect Gibson Energy to post earnings of C$0.05 per share for the quarter.
Shares of Gibson Energy Inc. (TSE GEI) opened at C$17.62 on Tuesday. Gibson Energy Inc. has a 1-year low of C$15.57 and a 1-year high of C$20.31.
Several research firms recently commented on GEI. CIBC raised their target price on Gibson Energy from C$18.00 to C$19.00 and gave the stock a “neutral” rating in a report on Tuesday, September 12th. TD Securities dropped their price objective on Gibson Energy from C$19.50 to C$18.50 and set a “hold” rating on the stock in a report on Thursday, August 3rd. Finally, 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. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Gibson Energy currently has an average rating of “Hold” and an average price target of C$19.78.
In other news, Director Sean William Duffee sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of C$17.70, for a total value of C$88,500.00. In the last 90 days, insiders sold 27,781 shares of company stock worth $88,500.
About Gibson Energy
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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