Gibson Energy had a strong quarter with successful project executions, safety achievements, and infrastructure growth. However, marketing performance remained muted, and financial leverage and payout ratios exceeded target ranges. Despite these challenges, the company is confident in its strategic growth initiatives and cost-saving measures.

Company Guidance

During Gibson Energy's second-quarter 2025 conference call, the company provided several key metrics and guidance for the remainder of the year. Gibson Energy achieved significant milestones, including the completion of major capital projects like the Gateway dredging project, which increased throughput capabilities and market share. The company's safety performance remained strong, with over 9.5 million hours without a lost time injury. Gibson moved over 260 million barrels in Canada and 120 million in the U.S., with year-over-year increases of 6% and 5%, respectively. Gateway's average throughput increased to over 700,000 barrels per day, with a new record of 755,000 barrels per day in June. The Cactus II connection is set to enhance crude supply by 700,000 barrels per day in Q3. Financially, the infrastructure EBITDA per share growth rate is expected to exceed 5% over the next five years. The company remains on track to achieve more than $25 million in cost savings by the end of 2025, with strong employee participation. Adjusted EBITDA was $146 million, with distributable cash flow at $81 million, while the debt-to-adjusted EBITDA ratio temporarily exceeded the long-term target. Looking forward, Gibson Energy aims to maintain momentum and achieve long-term growth through strategic projects and cost-focused initiatives.

Successful Execution of Major Capital Projects

Gibson Energy completed the Gateway dredging project, turnarounds at Moose Jaw and Hardisty DRU, and made significant progress on Cactus II connection at Gateway and Duvernay crude infrastructure. All projects were executed on time and on or under budget.

Record Safety Milestone

Gibson Energy achieved over 9.5 million hours without a lost time injury, showcasing top quartile safety performance.

Increase in Gateway Throughput and Market Share

After completing the dredging project, Gateway throughput increased from 600,000 barrels per day to 700,000 barrels per day, setting a new record of 755,000 barrels per day in June. This led to a market share increase in Corpus Christi to over 30%.

Infrastructure EBITDA Growth

The infrastructure segment reported adjusted EBITDA of $153 million, close to its high watermark, due to strong demand and increased throughput at Gateway.

Cost Savings Initiative

Gibson Energy is on track to exceed its $25 million cost savings target with 80% employee participation, resulting in $9 million in operating G&A and replacement cost savings during the quarter.

Gibson Energy (GBNXF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GBNXF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2025 (Q3)	0.22 / -	0.238	―	―	―
Jul 28, 2025	2025 (Q2)	0.20 / 0.27	0.274	-2.63% (>-0.01)
May 05, 2025	2025 (Q1)	0.18 / 0.22	0.18	20.00% (+0.04)
Feb 18, 2025	2024 (Q4)	0.23 / -0.02	0.231	-109.38% (-0.25)
Oct 29, 2024	2024 (Q3)	0.24 / 0.24	0.094	151.91% (+0.14)
Jul 29, 2024	2024 (Q2)	0.26 / 0.27	0.274	0.00% (0.00)
Apr 29, 2024	2024 (Q1)	0.28 / 0.18	0.439	-58.95% (-0.26)
Feb 20, 2024	2023 (Q4)	0.29 / 0.23	0.31	-25.58% (-0.08)
Oct 30, 2023	2023 (Q3)	0.27 / 0.09	0.348	-72.88% (-0.25)
Jul 31, 2023	2023 (Q2)	0.27 / 0.27	0.173	58.33% (+0.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GBNXF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 28, 2025	$18.07	$18.18	+0.61%
May 05, 2025	$15.29	$15.86	+3.73%
Feb 18, 2025	$16.00	$14.74	-7.87%
Oct 29, 2024	$15.89	$15.58	-1.95%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Gibson Energy (GBNXF) report earnings?

Gibson Energy (GBNXF) is schdueled to report earning on Nov 03, 2025, After Close (Confirmed).

What is Gibson Energy (GBNXF) earnings time?

Gibson Energy (GBNXF) earnings time is at Nov 03, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GBNXF EPS forecast?

GBNXF EPS forecast for the fiscal quarter 2025 (Q3) is 0.22.

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