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Bullboard - Stock Discussion Forum 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... see more

TSX:GEI - Post Discussion

Gibson Energy Inc > market reaction-down more than a $1 thus far...
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Post by downwithdotcom1 on May 01, 2024 11:26am

market reaction-down more than a $1 thus far...

results were within concensus but the market appears to be disappointed on 2 fronts - RE-Contracting (pace, new competition) and marketing going forward due to tightened spreads ...sure seems this new US terminal increased revenues but not so much in profits..dwdc
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