CALGARY, ALBERTA--(Marketwired - Mar 8, 2017) - Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) today announced that it has commenced cash tender offers (each an "Offer" and together, the "Offers") for (i) any and all of its outstanding Canadian dollar denominated 7.00% Senior Unsecured Notes due 2020 (the "Canadian Notes") and (ii) up to US$275,000,000 ("U.S. Notes Maximum Cap") of its outstanding U.S. dollar [...]
CALGARY, ALBERTA--(Marketwired - March 8, 2017) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) today announced its intention to issue, on an exempt private placement basis, C$300 million senior unsecured notes (the "Private Placement"), subject to market and other conditions. Gibsons intends to utilize the net [...]
CALGARY, ALBERTA--(Marketwired - Mar 7, 2017) - All financial figures are in Canadian dollars 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 April 17, 2017, to shareholders of record at the close of business on March 31, 2017. This dividend is designated as an eligible dividend for Canadian [...]
CALGARY, ALBERTA--(Marketwired - Mar 7, 2017) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today its operating and financial results for the three months and year ended December 31, 2016. Highlights: Combined Adjusted EBITDA1 of $97 million in the fourth quarter contributed to 2016 annual performance of $278 million; Infrastructure segment profit [...]
CALGARY, ALBERTA--(Marketwired - Mar 1, 2017) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that it has granted an option (the "Option Right") to Superior Plus LP ("Superior LP"), a wholly owned subsidiary of Superior Plus Corp. ("Superior"), and received a non-refundable payment of $412 million in cash proceeds, subject to certain adjustments [...]
- Accelerates Gibsons' focus on Infrastructure and increases Gibsons' proportion of contracted cash flows - Captures an attractive valuation for a non-core business segment - Ensures $412 million received by Gibsons no later than April 3, 2017 - Includes a 5 year wholesale propane supply contract and truck transportation agreement CALGARY, ALBERTA--(Marketwired - Feb 13, 2017) - All financial figures are in Canadian [...]
CALGARY, ALBERTA--(Marketwired - Feb 1, 2017) - Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI), announced today that it expects to release its fourth quarter and year end results for the period ending December 31, 2016 on Tuesday, March 7, following market close. A conference call has also been scheduled for 7:00 a.m. MT (9:00 a.m. ET) on Wednesday, March 8, 2017 for interested analysts, investors, and media [...]
CALGARY, ALBERTA--(Marketwired - Dec 6, 2016) - Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that its Board of Directors has approved a 2017 growth capital expenditure budget in the range of $150 million to $250 million. Additionally, the Board of Directors has approved the allocation of $45 million to upgrade and replacement capital expenditures. "Our 2017 growth capital expenditure plan is [...]
CALGARY, ALBERTA--(Marketwired - Nov 1, 2016) - All financial figures are in Canadian dollars 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, 2017, to shareholders of record at the close of business on December 30, 2016. This dividend is designated as an eligible dividend for Canadian [...]
CALGARY, ALBERTA--(Marketwired - Nov 1, 2016) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today operating and financial results for the three months ended September 30, 2016. Highlights: Adjusted EBITDA1 of $63 million in the third quarter of 2016 represented a 41% increase over the second quarter of 2016 and was supported by record Infrastructure [...]
CALGARY, ALBERTA--(Marketwired - Oct 11, 2016) - 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 30, 2016 on Tuesday, November 1, following market close. A conference call has also been scheduled for 7:00 a.m. MT (9:00 a.m. ET) on Wednesday, November 2, 2016 for interested analysts, investors, and media [...]
CALGARY, ALBERTA--(Marketwired - Sep 6, 2016) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) is pleased to announce that it has received committed customer support for the construction of two new 400,000 barrel crude oil storage tanks and related pipeline connection infrastructure at the Company's Edmonton Terminal. The new tanks, which are expected to be [...]