Gibson Energy Inc. (TSE:GEI) Director Curtis Philippon Acquires 25,000 Shares

Gibson Energy Inc. (TSE:GEI) Director Curtis Philippon purchased 25,000 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was purchased at an average cost of C$21.20 per share, with a total value of C$530,000.00.

Curtis Philippon also recently made the following trade(s):

• On Monday, December 9th, Curtis Philippon purchased 40,000 shares of Gibson Energy stock. The stock was purchased at an average cost of C$25.46 per share, with a total value of C$1,018,400.00.

Gibson Energy Stock Up 0.6 %

GEI opened at C$21.27 on Friday. Gibson Energy Inc. has a twelve month low of C$20.83 and a twelve month high of C$26.10. The firm has a market cap of C$3.47 billion, a P/E ratio of 16.40, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The business has a 50 day moving average price of C$24.57 and a 200 day moving average price of C$23.39. The company has a debt-to-equity ratio of 278.33, a quick ratio of 0.87 and a current ratio of 0.70.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. National Bankshares cut Gibson Energy from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$29.00 to C$24.00 in a research note on Wednesday. Scotiabank lowered their price target on Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating for the company in a research note on Thursday. BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating and boosted their price target for the company from C$25.50 to C$28.00 in a research note on Thursday, December 5th. Wells Fargo & Company cut Gibson Energy from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, December 18th. Finally, ATB Capital reduced their target price on Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating for the company in a report on Thursday. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$25.86.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.