All financial figures are in Canadian dollars unless otherwise noted

CALGARY, Alberta, June 22, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today that it will issue $650 million of senior unsecured medium term notes (the “Offering”) consisting of $325 million of 2.45% notes with a maturity date of five years from the date of issue and $325 million of 2.85% notes with a maturity date of seven years from the date of issue.

The Offering is expected to close on or about July 14, 2020, subject to customary closing conditions.  Gibson intends to … Continue Reading

CALGARY, Alberta, May 05, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today the voting results for the election of directors at the Company’s virtual annual general meeting of shareholders that was held on May 5, 2020.

Voting Results

                                                                                          Name of Nominee Votes For (%) For Votes Withheld (%) Withheld                                                                                           James M. Estey 95,843,118 99.58% 402,117 0.42%                                                                                           Douglas P. Bloom 95,993,974 99.74% 251,261 0.26%                                                                                           James J. Cleary 91,188,108 94.75% 5,057,127 5.25%                                                                                           Judy E. Cotte 96,218,775 99.97% 26,460 0.03%                                                                                           John L. Festival 96,099,452 99.85% 145,783 0.15%                                                                                           Marshall L. McRae 96,127,771 99.88% 117,464 0.12%                                                                                           Mary Ellen… Continue Reading

Calgary, Alberta, May 04, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.34 per common share payable on July 17, 2020, to shareholders of record at the close of business on June 30, 2020. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson’s dividends are subject to Canadian withholding tax.

About Gibson
Gibson is a Canadian-based oil infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of crude oil … Continue Reading

CALGARY, Alberta, May 04, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today the release of its inaugural Sustainability Report, which formalizes Gibson’s commitment to sustainability and marks the beginning of the Company’s efforts to consolidate and report on its work in this important area.

“We are excited to release our inaugural Sustainability Report, which signifies our commitment to further embed environmental, social and governance principles into our business and day-to-day operations,” said Steve Spaulding, President and Chief Executive Officer. “While many of the concepts within sustainability have been part of the way Gibson … Continue Reading

All financial figures are in Canadian dollars unless otherwise noted

CALGARY, Alberta, May 04, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today its financial and operating results for the three months ended March 31, 2020.

“Gibson delivered strong operational and financial results in the first quarter, driven by the continued growth of stable, long-term cash flows from our Infrastructure segment, which have increased over 40% in the last two years and are expected to represent roughly 80% of our business in 2020,” said Steve Spaulding, President and Chief Executive Officer.  “During the quarter, … Continue Reading

CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today it expects to release its 2020 first quarter financial and operating results on Monday, May 4, 2020 after the close of North American markets.  The 2020 first quarter management’s discussion and analysis and unaudited consolidated financial statements will be available on the Company’s website at www.gibsonenergy.com and on SEDAR at www.sedar.com.

Earnings Conference Call & Webcast Details
A conference call and webcast will be held to discuss the 2020 first quarter financial and operating results at 7:00am Mountain Time (9:00am Eastern … Continue Reading

CALGARY, Alberta, March 17, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today that Ms. Judy Cotte will join the Company’s Board of Directors effective March 17, 2020.

“We are very excited to have Judy Cotte join Gibson’s Board of Directors,” said James Estey, Chairman of Gibson. “Judy has significant legal experience, including the last 10 years exclusively focused on ESG, and is a recognized expert on ESG and responsible investment. Her addition reflects the Board’s ongoing commitment to ensuring access to the right skillsets to continue to move the Company forward, as well … Continue Reading

CALGARY, Alberta, Feb. 25, 2020 (GLOBE NEWSWIRE) — US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (TSX: GEI) jointly announced the receipt of all required regulatory approvals from the Government of Alberta to proceed with the construction of a diluent recovery unit (DRU) near Hardisty, Alberta, Canada. Additionally, USD and Gibson have finalized all required commercial agreements with ConocoPhillips Canada to fully underpin and sanction the construction of the initial phase of the DRU at 50,000 barrels per day of inlet bitumen blend capacity and enable rail shipments of DRUbit™ to the U.S. … Continue Reading

CALGARY, Alberta, Feb. 24, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today its financial and operating results for the three months and fiscal year ended December 31, 2019.

“Gibson continued to deliver strong, consistent operational and financial results throughout 2019, while also executing on the strategy and completing the transformation we outlined at the start of 2018,” said Steve Spaulding, President and Chief Executive Officer.  “Over the course of 2019, we continued to grow our long-term, stable infrastructure cash flows, placing seven new tanks as well as pipelines on both sides of the … Continue Reading

CALGARY, Alberta, Feb. 24, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.34 per common share, an increase of $0.01 per common share, which will be payable on April 17, 2020, to shareholders of record at the close of business on March 31, 2020. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson’s dividends are subject to Canadian withholding tax.

“Over the past two years, we have focused our business on high-quality, long-term oil … Continue Reading

CALGARY, Alberta, Jan. 27, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today it expects to release its 2019 fourth quarter and year-end financial and operating results on Monday, February 24, 2020 after the close of North American markets.  The 2019 fourth quarter and year-end management’s discussion and analysis and audited consolidated financial statements will be available on the Company’s website at www.gibsonenergy.com and on SEDAR at www.sedar.com.

Earnings Conference Call & Webcast Details
A conference call and webcast will be held to discuss the 2019 fourth quarter and year-end financial and operating results … Continue Reading

All financial figures are in Canadian dollars unless noted otherwise

CALGARY, Alberta, Dec. 18, 2019 (GLOBE NEWSWIRE) — Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today it has sanctioned the construction of one million barrels of new tankage at its Hardisty Terminal.

“The sanction of two new tanks at the Top of the Hill will further increase our high-quality, long-term infrastructure revenues and drive continued distributable cash flow per share growth,” said Steve Spaulding, President and Chief Executive Officer.  “We are also very pleased to welcome a new refining customer to the terminal, reflecting the importance of … Continue Reading