Gibson Energy Inc. (TSE:GEI) Senior Officer Acquires C$187,790.00 in Stock

Gibson Energy Inc. (TSE:GEI) Senior Officer Riley Hicks acquired 8,900 shares of Gibson Energy stock in a transaction dated Friday, February 21st. The shares were bought at an average price of C$21.10 per share, for a total transaction of C$187,790.00.

Gibson Energy Trading Up 0.6 %

GEI stock opened at C$21.27 on Monday. The company has a quick ratio of 0.87, a current ratio of 0.70 and a debt-to-equity ratio of 278.33. Gibson Energy Inc. has a twelve month low of C$20.83 and a twelve month high of C$26.10. The stock has a market capitalization of C$3.47 billion, a price-to-earnings ratio of 16.40, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The firm’s fifty day simple moving average is C$24.57 and its two-hundred day simple moving average is C$23.40.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GEI. CIBC reduced their price objective on shares of Gibson Energy from C$29.00 to C$27.00 and set an “outperform” rating on the stock in a research report on Thursday. Scotiabank reduced their price target on shares of Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Thursday. National Bankshares cut shares of Gibson Energy from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from C$29.00 to C$24.00 in a research report on Wednesday, February 19th. Jefferies Financial Group reduced their price target on shares of Gibson Energy from C$26.00 to C$23.00 and set a “hold” rating on the stock in a research report on Thursday. Finally, ATB Capital reduced their price target on shares of Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Thursday. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$25.86.

Gibson Energy Company Profile

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.