Gibson Energy Inc. (TSE:GEI)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $24.17 and traded as high as $27.60. Gibson Energy shares last traded at $27.55, with a volume of 471,570 shares.

Several research firms recently issued reports on GEI. Raymond James reissued an “outperform” rating and issued a C$25.00 target price on shares of Gibson Energy in a report on Tuesday, November 5th. Royal Bank of Canada raised shares of Gibson Energy from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$27.00 to C$31.00 in a report on Wednesday, December 4th. BMO Capital Markets increased their target price on shares of Gibson Energy from C$28.00 to C$29.00 in a report on Wednesday, December 4th. TD Securities increased their target price on shares of Gibson Energy from C$24.00 to C$25.00 and gave the stock a “hold” rating in a report on Wednesday, November 6th. Finally, National Bank Financial increased their target price on shares of Gibson Energy from C$28.00 to C$29.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Gibson Energy has a consensus rating of “Buy” and a consensus price target of C$27.23.

The company has a debt-to-equity ratio of 209.24, a quick ratio of 0.90 and a current ratio of 1.07. The business’s fifty day simple moving average is C$26.42 and its 200-day simple moving average is C$24.17. The firm has a market capitalization of $3.94 billion and a PE ratio of 24.71.

Gibson Energy (TSE:GEI) last announced its quarterly earnings data on Monday, November 4th. The company reported C$0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.21 by C$0.09. The company had revenue of C$1.99 billion for the quarter. Sell-side analysts expect that Gibson Energy Inc. will post 1.08 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date is Monday, December 30th. Gibson Energy’s dividend payout ratio (DPR) is currently 118.39%.

About Gibson Energy (TSE:GEI)

Gibson Energy Inc engages in the gathering, storage, optimization, processing, and marketing of crude oil and refined products in North America. It operates through Infrastructure and Wholesale segments. The Infrastructure segment operates a network of infrastructure assets that include oil terminals, rail loading and unloading facilities, injection stations, gathering pipelines, and a crude oil processing facility, as well as procession, recovery, and disposal terminals.

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