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

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

Gibson Energy Stock Up 0.6 %

TSE:GEI opened at C$21.27 on Friday. The firm’s 50 day simple moving average is C$24.57 and its 200 day simple moving average is C$23.39. 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 one year low of C$20.83 and a one year high of C$26.10. The company has a market cap of C$3.47 billion, a PE ratio of 16.40, a P/E/G ratio of 1.85 and a beta of 1.25.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on GEI shares. National Bank Financial downgraded shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Royal Bank of Canada reduced their price target on shares of Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a research note on Thursday. ATB Capital reduced their price target on shares of Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a research note on Thursday. BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating and raised their price target for the company from C$25.50 to C$28.00 in a research note on Thursday, December 5th. Finally, Raymond James reduced their price target on shares of Gibson Energy from C$30.50 to C$29.50 and set a “strong-buy” rating on the stock in a research note on Thursday. Five 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.