Gibson Energy (TSE:GEI) Director John Larry Festival purchased 9,000 shares of the business’s stock in a transaction on Tuesday, August 14th. The shares were acquired at an average price of C$19.90 per share, for a total transaction of C$179,100.00.

GEI stock opened at C$19.70 on Friday. Gibson Energy has a fifty-two week low of C$15.68 and a fifty-two week high of C$20.17.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 17th. Investors of record on Friday, September 28th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Thursday, September 27th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.70%.

A number of brokerages have issued reports on GEI. National Bank Financial boosted their price target on shares of Gibson Energy from C$19.00 to C$21.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 9th. Desjardins boosted their price target on shares of Gibson Energy from C$21.00 to C$22.00 in a research note on Friday, August 10th. Royal Bank of Canada boosted their price target on shares of Gibson Energy from C$20.00 to C$22.00 and gave the stock a “sector perform” rating in a research note on Friday, August 10th. Industrial Alliance Securities boosted their price target on shares of Gibson Energy from C$19.50 to C$22.00 in a research note on Thursday, August 9th. Finally, TD Securities boosted their price target on shares of Gibson Energy from C$18.00 to C$19.50 in a research note on Friday, August 10th. Six analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and a consensus price target of C$20.39.

Gibson Energy Company Profile

Gibson Energy Inc, an integrated midstream company, engages in the movement, storage, optimization, processing, marketing, and distribution of crude oil, condensate, natural gas liquids (NGLs), water, oilfield waste, and refined products in North America. It operates through four segments: Infrastructure, Logistics, Wholesale, and Other.

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Insider Buying and Selling by Quarter for Gibson Energy (TSE:GEI)

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