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Gibson Energy ( (TSE:GEI) ) has shared an announcement.
Gibson Energy Inc. announced a 5% increase in its quarterly dividend to $0.43 per common share, marking the sixth consecutive annual increase. This decision reflects the company’s strong cash flows and commitment to growth and shareholder returns, with plans to invest up to $200 million in growth capital and share repurchases in 2025.
More about Gibson Energy
Gibson Energy is a leading liquids infrastructure company specializing in the storage, optimization, processing, and gathering of liquids and refined products. The company operates across North America with key terminal assets in Alberta, Texas, and Saskatchewan.
YTD Price Performance: -3.37%
Average Trading Volume: 18,368
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.72B
See more insights into GEI stock on TipRanks’ Stock Analysis page.
