TSX:GEIOil and Gas
Gibson Energy (TSX:GEI) Stock Rebound Hinges On Infrastructure Strength And Debt
Gibson Energy stock closed at CA$32.11 today, capping a steady run over the past three months, while the latest earnings landed like a reality check on how much of that optimism comes from fundamentals rather than mood. The headline is simple: Q2 brought a sharp rebound in profitability, with basic earnings per share at CA$0.48 and net income at CA$82.89 million.
The market now needs to decide whether this earnings jump and record infrastructure adjusted earnings before interest, tax,...