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Gibson Energy Inc. (GBNXF)
:GBNXF
Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.18Last Year’s EPS
0.18Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -9.87%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Neutral
Gibson Energy has demonstrated strong financial performance with record EBITDA and continued dividend growth, driven by strategic acquisitions and infrastructure development. However, the company faces challenges in its Marketing segment due to unfavorable market conditions and incurred significant non-recurring charges in Q4. Despite these challenges, the company's infrastructure growth and sustainability initiatives position it well for future success.Company Guidance
During the Gibson Energy Fourth Quarter and Full Year 2024 Conference Call, the company provided detailed guidance on its financial and operational performance. Notably, Gibson achieved a record consolidated adjusted EBITDA of $610 million, driven primarily by its Infrastructure segment, which showed a compound annual growth rate of approximately 14% since 2017. The company's leverage ratio was reported at 3.5x, within the target range of 3x to 3.5x, and the payout ratio stood at 71%, also within the 70% to 80% target. A 5% increase in the quarterly dividend to $0.43 per share was announced, marking the sixth consecutive increase. Looking forward, Gibson plans to deploy up to $200 million in growth capital and share repurchases in 2025, with a significant portion allocated to the Gateway asset, which is expected to grow its EBITDA by over 15% to 20% by the end of 2025. Despite challenges in the Marketing segment, which contributed approximately 10% of adjusted EBITDA and ended the year below the long-term guidance, the overall strong Infrastructure performance and strategic projects like the Gateway acquisition remain key growth drivers for the company.Record EBITDA Achieved
Gibson Energy achieved a record adjusted EBITDA of $610 million in 2024, marking a 3% increase over the previous year and setting a new high watermark for the company.
Dividend Increase
The company increased its quarterly dividend by $0.02 or 5% to $0.43 per share, marking the sixth consecutive dividend increase, reflecting strong financial health and commitment to shareholder value.
Gateway Acquisition Exceeds Expectations
The Gateway acquisition contributed significantly to Gibson's business, leading to record-setting volumes and positioning the company for 15% to 20% EBITDA growth by year-end 2025.
Strong Infrastructure Performance
The Infrastructure segment achieved a compound annual growth rate of approximately 14% since 2017, with adjusted EBITDA increasing by $107 million year-over-year to $601 million in 2024.
Sustainability and Safety Milestones
Gibson received its fifth consecutive CDP score of A-, and achieved 8.8 million hours without a lost time injury, demonstrating commitment to sustainability and safety.
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GBNXF Earnings History
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
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GBNXF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $16.61 | $15.30 | -7.89% |
| Oct 29, 2024 | $16.49 | $16.16 | -2.00% |
| Jul 29, 2024 | $16.03 | $15.24 | -4.93% |
| Apr 29, 2024 | $15.67 | $15.62 | -0.32% |
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.
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FAQ
When does Gibson Energy Inc. (GBNXF) report earnings?
Gibson Energy Inc. (GBNXF) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is Gibson Energy Inc. (GBNXF) earnings time?
Gibson Energy Inc. (GBNXF) earnings time is at May 05, 2025, TBA Not 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 (Q1) is 0.18.
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