Impact: Neutral. Gibson performed near expectations with strong performance in the Terminals & Pipelines business segment offsetting weaker performance in the Environmental Services and Processing & Wellsite Fluid segments. Gibson announced a 3% dividend increase payable on April 15, 2016, raising its quarterly dividend to $0.33 per common share (FCCe $0.33 per share). In 2015, Gibson reduced its overall headcount by approximately 15% in an effort to operate more efficiently. We maintain our $23 ....
02 Mar 2016
Reports 4Q15 and Announces 3% Dividend Increase
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Reports 4Q15 and Announces 3% Dividend Increase
Gibson Energy Inc. (GEI:TSE) | 0 0 1.5% | Mkt Cap: 2,392m
- Published:
02 Mar 2016 -
Author:
Steven I. Paget -
Pages:
6
Impact: Neutral. Gibson performed near expectations with strong performance in the Terminals & Pipelines business segment offsetting weaker performance in the Environmental Services and Processing & Wellsite Fluid segments. Gibson announced a 3% dividend increase payable on April 15, 2016, raising its quarterly dividend to $0.33 per common share (FCCe $0.33 per share). In 2015, Gibson reduced its overall headcount by approximately 15% in an effort to operate more efficiently. We maintain our $23 ....