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Gibson Energy Q2 Earnings Call Highlights
['Shane Hupp']
Ticker Report
Gibson Energy (TSE:GEI) reported record infrastructure adjusted EBITDA in the second quarter of 2026, supported by higher network utilization, contributions from its newly acquired Chauvin Pipeline system and optimization initiatives.
Gibson said the Chauvin Pipeline system extends its Hardisty position and provides contracted cash flow backed by long-term agreements with Teine Energy.
Gibson expects leverage to return to its long-term target range of 3.0 to 3.5 times in early 2027.
During the quarter, Gibson extended its $1 billion revolving credit facility to June 2031 and issued $400 million of senior unsecured notes.
About Gibson Energy (TSE:GEI)Gibson is a leading liquids Infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading.