TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Gibson Energy ( (TSE:GEI) ) has provided an update.
Gibson Energy has announced significant contract extensions at its Edmonton Terminal, including a 20-year take-or-pay agreement for refined products services and a 10-year extension for terminal storage, highlighting the terminal’s critical role in the global energy landscape. Additionally, Gibson has sanctioned a new infrastructure project in Texas, the Wink-to-Gateway integration, as part of its 2026 growth capital guidance of $150 million, which aims to enhance infrastructure capabilities and support customer demand, reinforcing its strategic growth and financial discipline.
The most recent analyst rating on (TSE:GEI) stock is a Hold with a C$27.00 price target. To see the full list of analyst forecasts on Gibson Energy stock, see the TSE:GEI Stock Forecast page.
Spark’s Take on TSE:GEI Stock
According to Spark, TipRanks’ AI Analyst, TSE:GEI is a Neutral.
Gibson Energy’s overall score reflects strong operational performance and cash flow management, offset by high leverage and valuation concerns. The company’s strategic projects and cost-saving initiatives are positive, but challenges in the marketing segment and high P/E ratio weigh on the score.
To see Spark’s full report on TSE:GEI stock, click here.
More about Gibson Energy
Gibson Energy is a leading liquids infrastructure company, focusing on providing essential services in the energy sector. The company operates primarily in the oil and gas industry, offering refined products services and terminal storage solutions, with a significant presence in North America.
Average Trading Volume: 673,143
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$4.17B
See more data about GEI stock on TipRanks’ Stock Analysis page.