Gibson Energy Inc. ( (GBNXF) ) has released its Q2 earnings. Here is a breakdown of the information Gibson Energy Inc. presented to its investors.
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Gibson Energy Inc., a leading North American liquids infrastructure company, specializes in the storage, optimization, processing, and gathering of liquids and refined products, with key operations in Canada and the United States.
In its 2025 second quarter earnings report, Gibson Energy Inc. announced strong financial performance, highlighted by record volumes at its Gateway terminal following the completion of a major dredging project. The company also reported successful execution of major turnarounds at its Moose Jaw Facility and Hardisty Diluent Recovery Unit.
Key financial metrics for the quarter included an Infrastructure Adjusted EBITDA of $153 million, reflecting robust core business performance. Despite a decrease in consolidated Adjusted EBITDA to $146 million, the company achieved net income of $61 million. The successful completion of the Gateway dredging project boosted throughput by 20%, setting new volume records and enhancing operational capabilities.
Strategically, Gibson Energy completed the Gateway dredging project, making it one of only two Texas terminals capable of loading large vessels. The company also extended its unsecured revolving credit facility, improving long-term liquidity. Additionally, Gibson appointed Dave Gosse as Senior Vice President and Chief Operating Officer, further strengthening its leadership team.
Looking ahead, Gibson Energy remains optimistic about its growth potential, with expectations of improved financial performance as the benefits of recent projects are realized. The company anticipates stabilization in its marketing segment and expects leverage to normalize by the first half of 2026.