CALGARY, Alberta, March 19, 2018 -- Gibson Energy Inc. , , announced today it has entered into two separate definitive agreements for the divestiture of its U.S. energy services businesses, including U.S. Environmental Services and its U.S. seismic assets, for approximately US$96 million prior to closing adjustments or approximately $125 million at current exchange rates. “We are very pleased to announce the sales [...]
All financial figures are in Canadian dollars CALGARY, Alberta, March 05, 2018 -- Gibson Energy Inc. , , announced today that its Board of Directors has approved a quarterly dividend of $0.33 per common share payable on April 17, 2018, to shareholders of record at the close of business on March 30, 2018. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders [...]
All financial figures are in Canadian dollars CALGARY, Alberta, March 05, 2018 -- Gibson Energy Inc. , , announced today its operating and financial results for the three months and year ended December 31, 2017. Financial Highlights: Infrastructure segment profit of $56 million in the fourth quarter contributed to 2017 full year performance of $237 million, a 19% increase over full year 2016. The fourth quarter of 2017 [...]
CALGARY, Alberta, Feb. 21, 2018 -- Gibson Energy Inc. , , announced today the sanction of the $50 million Viking Pipeline Project. “The Viking Pipeline Project is aligned with our strategy of leveraging our core terminals position to secure complementary growth beyond tankage,” said Steve Spaulding, President and Chief Executive Officer. “The sanction of the Viking Pipeline Project provides further [...]
CALGARY, Alberta, Feb. 14, 2018 -- Gibson Energy Inc. , , announced today it expects to release its 2017 fourth quarter and year-end financial and operating results on Monday, March 5, 2018 after the close of North American markets. The 2017 fourth quarter and year-end management's discussion and analysis and audited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and [...]
CALGARY, Alberta, Jan. 30, 2018 -- Gibson Energy Inc. , , announced today its corporate strategy to accelerate its transition to a focused oil infrastructure growth company. As part of that strategy, the Company will divest several non-core businesses and target competitive distributable cash per share and dividend growth. The key attributes of the go-forward strategy are: Oil Infrastructure Focus: infrastructure to [...]
All financial figures are in Canadian dollars CALGARY, Alberta, Dec. 05, 2017 -- Gibson Energy Inc. , , announced today that its Board of Directors has approved a 2018 growth capital expenditure budget in the range of $120 million to $150 million, with in excess of 90% of investment directed towards sanctioned growth projects. Additionally, the Board of Directors has approved the allocation of approximately $30 million in [...]
CALGARY, Alberta, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibsons” or the “Company”), (TSX:GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.33 per common share payable on January 17, 2018, to shareholders of record at the close of business on December 29, 2017. This dividend is designated as an eligible dividend for Canadian income tax [...]
CALGARY, Alberta, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. ("Gibsons” or the “Company"), (TSX:GEI), announces financial performance driven by continued growth in its crude oil infrastructure business, resulting in increased profit and distributable cash flow. Highlights: (Comparisons made between fiscal Q3 2017 and fiscal Q3 2016 results, unless otherwise noted.) On August 1, 2017, announced the [...]
CALGARY, Alberta, Oct. 06, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI), announced today that it expects to release its third quarter results for the period ending September 31, 2017, on Wednesday, November 8, following market close. A conference call has also been scheduled for 7:00 a.m. MT (9:00 a.m. ET) on Thursday, November 9, 2017 for interested analysts, investors, and media [...]
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Oct. 05, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) today announced that it has closed its previously-announced offering of CDN$250 million aggregate principal amount of 5.25% Senior Unsecured Notes due July 15, 2024. Gibsons intends to use the net proceeds from the [...]
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) today announced that it has agreed to issue and sell CDN $250 million aggregate principal amount of 5.250% senior unsecured notes due July 15, 2024 (the "Notes"), on an exempt private placement basis (the "Private [...]