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Gibson Energy (TSE:GEI)
TSX:GEI
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.28Last Year’s EPS
0.38Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: 8.73%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a strong performance in the Infrastructure segment with record EBITDA and successful strategic initiatives such as cost savings and partnerships. However, challenges remain in the Marketing segment, contributing to increased leverage and lower distributable cash flow. The overall sentiment is balanced with significant achievements in infrastructure but financial pressures from marketing performance.Company Guidance
During Gibson Energy's Q1 2025 earnings call, the company provided robust guidance, emphasizing a record-setting Infrastructure adjusted EBITDA of $155 million, with significant contributions from their Gateway terminal, which saw record volumes despite partial dock restrictions. The company celebrated safety milestones, achieving 9 million hours without a lost time injury and setting a new record for total recordable incident frequency on a rolling 12-month basis. Gibson also highlighted the completion of a dredging project at Gateway on time and on budget, enhancing its loading capabilities. The Cactus II connection project, anticipated for Q3 2025 completion, is expected to add 700,000 barrels per day of supply capacity. Additionally, a strategic partnership with Baytex was announced, involving a $50 million investment in the Duvernay region, with potential for further expansion. The company reported $142 million in adjusted EBITDA and $91 million in distributable cash flow, with cost savings initiatives contributing $6 million this quarter. Despite challenges in the Marketing segment, the company remains optimistic about future improvements, projecting adjusted marketing EBITDA of $0 to $10 million for Q2, and $20 to $40 million for 2025. Looking ahead, Gibson plans to execute its largest maintenance capital program, with scheduled turnarounds at Moose Jaw and Hardisty DRU, while focusing on maintaining a strong balance sheet and adhering to its financial governing principles.Record Infrastructure Adjusted EBITDA
Gibson Energy achieved a record $155 million in Infrastructure adjusted EBITDA in Q1 2025, driven by record throughput at Gateway and a full quarter contribution from new tanks with Cenovus in Edmonton.
Safety Achievements
Gibson celebrated 9 million hours without a lost time injury and set a new record for total recordable incident frequency on a rolling 12-month basis.
Successful Dredging Project
The dredging project at Gateway was completed safely, on time, and on budget, enabling the terminal to load 1.6 million barrels on a VLCC or fully load a Suezmax vessel.
Cost Savings Initiative
Gibson implemented over $18 million of cost savings in Q1, well on the way to exceeding the $25 million target, with nearly 80% employee participation.
Strategic Partnership with Baytex
Gibson announced a strategic partnership with Baytex to develop infrastructure in the Duvernay under a 10-year take-or-pay agreement, deploying approximately $50 million in upstream oil batteries and gathering lines.
TSE:GEI 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
TSE:GEI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | C$21.54 | C$22.06 | +2.41% |
Feb 18, 2025 | C$23.13 | C$21.30 | -7.93% |
Oct 29, 2024 | C$22.55 | C$22.28 | -1.20% |
Jul 29, 2024 | C$21.58 | C$21.49 | -0.40% |
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 (TSE:GEI) report earnings?
Gibson Energy (TSE:GEI) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Gibson Energy (TSE:GEI) earnings time?
Gibson Energy (TSE:GEI) earnings time is at Aug 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 TSE:GEI EPS forecast?
TSE:GEI EPS forecast for the fiscal quarter 2025 (Q2) is 0.28.