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

Gibson Energy Inc. (TSE:GEI) Director Curtis Philippon purchased 25,000 shares of the company’s stock in a transaction on Friday, February 21st. The stock was acquired at an average price of C$21.20 per share, for a total transaction 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 acquired at an average price of C$25.46 per share, for a total transaction of C$1,018,400.00.

Gibson Energy Trading Up 0.6 %

TSE:GEI opened at C$21.27 on Friday. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87. Gibson Energy Inc. has a fifty-two week low of C$20.83 and a fifty-two week high of C$26.10. The stock’s 50-day moving average is C$24.57 and its two-hundred day moving average is C$23.39. The stock has a market cap of C$3.47 billion, a PE ratio of 16.40, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from C$25.50 to C$28.00 in a research report on Thursday, December 5th. Scotiabank dropped their price target on Gibson Energy from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a research note on Thursday. CIBC dropped their price target on Gibson Energy from C$29.00 to C$27.00 and set an “outperform” rating on the stock in a research note on Thursday. Wells Fargo & Company cut Gibson Energy from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, December 18th. Finally, TD Securities dropped their price target on Gibson Energy from C$25.00 to C$24.00 and set a “hold” rating on the stock in a research note on Thursday. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.