Overview

• Canada liquids infrastructure firm's Q4 Infrastructure EBITDA reached a record C$160 mln

• Company announced C$400 mln acquisition of Teine Energy's Chauvin assets

• Company increased dividend by 5%, marking seventh consecutive annual increase

Outlook

• Gibson Energy expects to deploy C$100 mln in organic growth capital in 2026

• Company targets 7%+ Infrastructure EBITDA per share growth over next five years

• Gibson anticipates mid single-digit accretion from Chauvin acquisition closing in Q2 2026

Result Drivers

• CAPITAL PROJECTS - Completion of Cactus II connection and Baytex partnership start-up drove Infrastructure EBITDA growth

• CONTRACT EXTENSIONS - Major contract extensions at Edmonton enhance stability and quality of Infrastructure cash flows

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"

• Wall Street's median 12-month price target for Gibson Energy Inc is C$29.00, about 3.2% above its February 13 closing price of C$28.10

• The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNXb2sR2H

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)