tiprankstipranks
Gibson Energy Boosts Revenue and Growth Plans
Company Announcements

Gibson Energy Boosts Revenue and Growth Plans

Story Highlights

Gibson Energy (TSE:GEI) has released an update.

Pick the best stocks and maximize your portfolio:

Gibson Energy has extended a key contract at its Gateway Terminal, boosting revenue by 40% and enhancing export capabilities with a new dredging project. The company plans to deploy up to $150 million in growth capital for 2025, focusing on Gateway and other projects, while also initiating a substantial cost reduction campaign.

For further insights into TSE:GEI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyGibson Energy price target raised to C$30 from C$28.50 at Raymond James
TheFlyGibson Energy price target raised to C$27 from C$26 at National Bank
TheFlyGibson Energy price target raised to C$26 from C$25 at Scotiabank
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App