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Gibson Energy Inc T.GEI

Alternate Symbol(s):  GBNXF

Energy Oil & Gas Midstream
Gibson Energy Inc. is a liquids infrastructure company. The Company’s principal businesses consist of the storage, optimization, processing, and gathering of liquids and refined products. Its segments include Infrastructure and Marketing. The Infrastructure segment includes a network of liquids infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other small terminals. The Marketing segment is involved in the purchasing, selling, storing, and optimizing of hydrocarbon products as part of supplying the Moose Jaw Facility and marketing its refined products, as well as helping to drive volumes through the Company’s key infrastructure assets. The Marketing segment also engages in optimization opportunities. The Company's operations are located across North America, with core terminal assets in Hardisty and Edmonton, Alberta, Ingleside, Texas, and including a facility in Moose Jaw, Saskatchewan.


TSX:GEI - Post by User

Gibson Energy Inc > What happened?
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Comment by downwithdotcom1on Aug 19, 2023 12:27pm
403 Views
Post# 35596302

RE:What happened?

RE:What happened?pretty straight forward- its got NOTHING TO DO with GIBSON, ENBRIDGE, EMERA etc etc. All of these companies in fact are having fairly robust earnings.... SO WHAT IS IT??? Its all about higher interest rates and maybe they are will stay high for longer...
Put another way-why buy these stocks for the divi when i get get a zero risk bond or GIC paying 5%.. What to do?? wish i knew.. dwdc
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