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Gibson Energy Inc T.GEI

Alternate Symbol(s):  GBNXF

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

Post by Carbonbullon Apr 02, 2022 7:59am
346 Views
Post# 34569698

A conviction buy for me

A conviction buy for me Gibson will never have a 10 dollar day unless acquired, what it will do is pay a decent and growing dividend , grow its earning between 5 and 10 percent a year, maintain capital discipline, attract insituitional money and provide combined returns (dividend + capital appreciation) of approximately 15 percent , all with lower volatility then the market as a whole.   For me that is a core holding with conviction.
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