TSX:GEIOil and Gas
Gibson Energy (TSX:GEI) Could Be 3% Undervalued After Its $400 Million Notes Offering
Gibson Energy (TSX:GEI) has agreed to issue $400 million of 4.45% senior unsecured notes due January 9, 2034, with proceeds earmarked to repay revolving credit facility borrowings and support recent infrastructure asset acquisitions.
See our latest analysis for Gibson Energy.
At a share price of CA$29.53, Gibson Energy has seen positive momentum recently, with a 1-day share price return of 2.39% and year to date share price return of 15.35%, alongside a 1-year total shareholder return of...