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Gibson Energy Inc (GEI.TO)

GEI.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Gibson Energy Reports Q2 EPS $0.10
Wednesday, 8 Aug 2018 04:01pm EDT 

Aug 8 (Reuters) - Gibson Energy Inc ::GIBSON ENERGY ANNOUNCES 2018 SECOND QUARTER RESULTS.QTRLY EARNINGS PER SHARE $0.10.QTRLY REVENUE $1.76 BILLION VERSUS $1.42 BILLION.NON-CORE DISPOSITIONS REMAIN AHEAD OF SCHEDULE WITH PROCEEDS LIKELY TO BE AT OR ABOVE TOP END OF INITIAL EXPECTATIONS.  Full Article

Gibson Energy Board Approved 2018 Growth Capital Expenditure Budget Of $120 Mln To $150 Mln
Tuesday, 5 Dec 2017 04:15pm EST 

Dec 5 (Reuters) - Gibson Energy Inc ::GIBSON ENERGY ANNOUNCES 2018 CAPITAL BUDGET.‍ITS BOARD OF DIRECTORS HAS APPROVED A 2018 GROWTH CAPITAL EXPENDITURE BUDGET IN RANGE OF $120 MILLION TO $150 MILLION​.‍HAS APPROVED ALLOCATION OF APPROXIMATELY $30 MILLION IN UPGRADE AND REPLACEMENT CAPITAL EXPENDITURES​.- CONTINUE TO EXPECT THAT CO WILL SANCTION ONE TO TWO TANKS PER YEAR ON A RUN RATE BASIS IN A FLAT OIL PRICE ENVIRONMENT.GIBSON ENERGY-ANTICIPATE CO WILL SECURE INCREMENTAL INFRASTRUCTURE GROWTH PROJECTS THAT WILL GIVE OPPORTUNITY TO INVEST $50 MILLION TO $100 MILLION IN 2018​.- COMPANY NEEDS TO FURTHER LEVERAGE ITS EXISTING ASSET BASE TO DRIVE ADDITIONAL GROWTH.- 2018 CAPEX REFLECTS THAT NEARLY ALL OF GROWTH CAPITAL BEING INVESTED AT HARDISTY AND EDMONTON TERMINALS UNDER LONG-TERM.  Full Article

Gibsons reports Q3 loss of $0.06 per share
Wednesday, 8 Nov 2017 04:16pm EST 

Nov 8 (Reuters) - Gibson Energy Inc :Gibsons reports third quarter results and announces investor day.Qtrly revenue from continuing operations $1.4 million versus $1.2 mln‍​.Qtrly basic and diluted loss per share from continuing operations $0.06.  Full Article

Gibson enters agreement to divest industrial propane business for $412 mln
Monday, 13 Feb 2017 08:00am EST 

Gibson Energy Inc - : Gibsons enters agreement to divest its industrial propane business for $412 million . Cash payment of $412 million is expected to be received by gibsons, concurrent with granting of option, no later than April 3, 2017 .Gibson will continue to operate business under direction of current management team.  Full Article

USD Partners moving ahead with Canada crude by rail expansion

USD Partners LP has begun expansion work at one of Canada's largest crude by rail loading terminals, which will boost capacity at the facility by 50 percent and be completed by year end, the head of the company's Canada unit told Reuters.