Gibson Energy Inc. (TSE:GEI) Director Curtis Philippon Purchases 25,000 Shares

Gibson Energy Inc. (TSE:GEI) Director Curtis Philippon acquired 25,000 shares of the stock in a transaction dated Friday, February 21st. The shares were bought at an average cost of C$21.20 per share, with a total value of C$530,000.00.

Curtis Philippon also recently made the following trade(s):

• On Monday, December 9th, Curtis Philippon acquired 40,000 shares of Gibson Energy stock. The shares were bought at an average cost of C$25.46 per share, with a total value of C$1,018,400.00.

Gibson Energy Price Performance

TSE GEI opened at C$21.27 on Monday. Gibson Energy Inc. has a 52 week low of C$20.83 and a 52 week high of C$26.10. The company has a current ratio of 0.70, a quick ratio of 0.87 and a debt-to-equity ratio of 278.33. The stock has a market cap of C$3.47 billion, a price-to-earnings ratio of 16.40, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The company has a 50-day moving average price of C$24.57 and a two-hundred day moving average price of C$23.40.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GEI. Royal Bank of Canada decreased their price target on shares of Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating for the company in a research report on Thursday. TD Securities decreased their price target on shares of Gibson Energy from C$25.00 to C$24.00 and set a “hold” rating for the company in a research report on Thursday. National Bankshares cut shares of Gibson Energy from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from C$29.00 to C$24.00 in a research report on Wednesday, February 19th. Raymond James decreased their price target on shares of Gibson Energy from C$30.50 to C$29.50 and set a “strong-buy” rating for the company in a research report on Thursday. Finally, Wells Fargo & Company cut shares of Gibson Energy from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, December 18th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$25.86.

Gibson Energy Company Profile

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.