Gibson Energy announced today the closing of its Senior Unsecured Notes offering consisting of CDN$300 million aggregate principal amount of 5.375% Senior Unsecured Notes due July 15 and US$50 million aggregate principal amount of 6.75% Senior Unsecured Notes due July 15. Gibson intends to use the net proceeds from the offering to repay all outstanding indebtedness under its existing revolving credit facility (excluding [...]
Gibson Energy announced today that it has agreed to issue and sell CDN$300 million aggregate principal amount of 5.375% Senior Unsecured Notes due July 15, 2022 and US$50 million aggregate principal amount of 6.75% Senior Unsecured Notes due July 15, 2021. The Cdn tranche will be issued at par and interest thereon will be payable semi-annually in arrears beginning January 15, 2015. The Cdn tranche will be issued under a [...]
Gibson Energy today announced that it intends to issue, on an exempt private placement basis, up to US/C$350 million of Canadian dollar denominated senior unsecured notes and additional 6.75% US dollar denominated senior unsecured notes due 2021 (exact currency split to be determined), subject to market and other conditions. The new US dollar notes will be issued under the indenture pursuant to which Gibson previously [...]
CALGARY, ALBERTA--(Marketwired - May 6, 2014) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibson"), (TSX:GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.30 per common share to shareholders of record at the close of business on June 30, 2014 that is payable on July 17, 2014. This dividend is designated as an eligible dividend for Canadian income tax [...]
CALGARY, ALBERTA--(Marketwired - May 6, 2014) - All financial figures are in Canadian dollars unless otherwise stated Gibson Energy Inc. ("Gibson" or the "Company") (TSX:GEI) announced today operating and financial results for the three months ended March 31, 2014. Highlights: Adjusted EBITDA(1) increased by 13% to $136.9 million in the first quarter of 2014, compared to the same period in 2013. For the twelve month [...]
CALGARY, ALBERTA--(Marketwired - Apr 30, 2014) - Gibson Energy Inc. ("Gibson" or the "Company"), (TSX:GEI), is pleased to announce that it has received committed support, from a new customer, for two 300,000 barrel crude oil storage tanks at the Company's Hardisty Terminal. The two additional tanks contribute to a total of six new tanks being constructed at Hardisty, increasing total storage capacity under development to [...]
CALGARY, ALBERTA--(Marketwired - Apr 14, 2014) - Gibson Energy Inc. ("Gibson" or the "Company"), (TSX:GEI), is pleased to announce that it has entered into a letter of intent to acquire Cal-Gas Inc. ("Cal-Gas"), a retail propane company with operations across Canada. Complementing this proposed acquisition, on April 1, 2014, Gibson closed the purchase of Stittco Energy Limited ("Stittco"), a provider of propane equipment [...]
CALGARY, ALBERTA--(Marketwired - Apr 8, 2014) - Gibson Energy Inc. ("Gibson" or the "Company"), (TSX:GEI), announced today that it expects to release its first quarter results for the period ending March 31, 2014 on Tuesday, May 6, following market close. A conference call has also been scheduled for 7:00 a.m. MT (9:00 a.m. ET) on Wednesday, May 7 for interested analysts, investors, and media representatives. The [...]
CALGARY, ALBERTA--(Marketwired - Mar 4, 2014) - All financial figures are in Canadian dollars unless otherwise stated. Gibson Energy Inc. ("Gibson" or the "Company") (TSX:GEI) announced today a dividend increase and operating and financial results for the three and twelve months ended December 31, 2013. Highlights: Earlier today, the Company's Board of Directors approved a 9% increase to its quarterly dividend. The [...]
All financial figures are in Canadian dollars CALGARY, ALBERTA--(Marketwired - Mar 4, 2014) - Gibson Energy Inc. ("Gibson" or the "Company"), (TSX:GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.30 per common share payable to shareholders of record at the close of business on March 31, 2014 which is payable on April 17, 2014. This dividend is designated as an eligible dividend [...]
CALGARY, ALBERTA--(Marketwired - Feb 5, 2014) - Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today that it expects to release its fourth quarter and year end results for the period ending December 31, 2013 on Tuesday, March 4, following market close. A conference call has also been scheduled for 7:00 a.m. MT (9:00 a.m. ET) on Wednesday, March 5, 2014 for interested analysts, investors, and media [...]
CALGARY, ALBERTA--(Marketwired - Feb 3, 2014) - James Estey, Chair of the Board, Gibson Energy Inc. (the "Company") (TSX:GEI), is pleased to announce the appointment of Mary Ellen Peters to the Company's board of directors, effective immediately. Ms. Peters is a retired businesswoman with over 30 years of experience in the midstream and downstream sector with Marathon Petroleum Company LP. During her tenure at Marathon [...]