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Gibson Energy Announces 5% Dividend Increase & Declares Quarterly Dividend

MWN-AI** Summary

Gibson Energy Inc. (TSX: GEI), headquartered in Calgary, Alberta, has announced a 5% increase in its quarterly dividend, marking the seventh consecutive annual raise. The company’s Board of Directors has approved a new dividend of $0.45 per common share, which reflects a $0.02 increase from the previous dividend amount. This dividend is set to be payable on April 17, 2026, for shareholders on record as of close of business on March 30, 2026. Notably, the dividend qualifies as an eligible dividend for Canadian income tax, with non-resident shareholders subject to Canadian withholding tax.

Riley Hicks, the Senior Vice President and Chief Financial Officer of Gibson, expressed satisfaction with the growth illustrated by the dividend increase. He attributed this growth to the company’s stable infrastructure cash flows, bolstered by the successful completion of significant capital projects in 2025. Hicks emphasized Gibson’s disciplined capital allocation strategy, highlighting the company's commitment to providing reliable and long-term returns for its shareholders.

Gibson Energy is recognized as a leading liquids infrastructure company, specializing in the storage, optimization, processing, and gathering of liquids and refined products, as well as facilitating waterborne vessel loading. The company's core assets are located across North America, including strategic terminal facilities in Hardisty and Edmonton in Alberta, Ingleside and Wink in Texas, and Moose Jaw in Saskatchewan.

With shares traded on the Toronto Stock Exchange under the symbol GEI, Gibson Energy remains committed to enhancing shareholder value while continuing to expand its infrastructure capabilities. For more information, investors and media can reach out through designated communication channels provided by the company.

MWN-AI** Analysis

Gibson Energy Inc. (TSX:GEI) has announced a commendable 5% increase in its quarterly dividend, bringing it to $0.45 per common share. This marks the seventh consecutive annual dividend increase for the company, signifying robust financial health and strategic management. The increased dividend reflects Gibson's dedication to optimizing its infrastructure cash flows, benefitting from the successful execution of key capital projects in 2025.

Investors should view this as a strong indicator of Gibson's stability and growth potential within the North American liquids infrastructure sector. The company’s diverse operational footprint, which includes vital hubs in Alberta and Texas, positions it well to capitalize on both domestic and export markets for refined products. Furthermore, the recent dividend increase not only rewards existing shareholders but also signals to potential investors a commitment to long-term value creation and shareholder returns.

From a market perspective, the increase in dividends can enhance Gibson Energy's attractiveness as a dividend-paying stock in the current investment climate characterized by volatility. Companies that can provide reliable income streams are often sought after by investors looking for stability, especially in uncertain economic conditions. It’s also worth noting that the dividends are designated as eligible for Canadian income tax purposes, a feature that may further appeal to Canadian investors.

Looking ahead, investors should closely monitor Gibson's ongoing projects and cash flow generation capabilities. While the dividend increase is a positive signal, it’s essential to analyze global oil and gas market dynamics, as they can influence the company’s revenue streams. Overall, Gibson appears well-positioned for growth, and the recent dividend announcement reinforces the potential for reliable returns. Investors might consider adding GEI to their portfolios, particularly those focused on income generation through dividends.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

All financial figures are in Canadian dollars unless otherwise noted

CALGARY, Alberta, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson”, or the “Company”) announced today that its Board of Directors has approved a quarterly dividend of $0.45 per common share, an increase of $0.02 per common share per quarter. The quarterly dividend is payable on April 17, 2026, to shareholders of record at the close of business on March 30, 2026. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividends are subject to Canadian withholding tax.

“We are pleased to announce our seventh consecutive annual dividend increase,” said Riley Hicks, Senior Vice President and Chief Financial Officer. “This five percent increase reflects the continued growth in our stable Infrastructure cash flows, driven by the successful completion of key capital projects in 2025. It underscores our disciplined approach to capital allocation and our commitment to delivering reliable, long-term returns to shareholders.”

About Gibson
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. Headquartered in Calgary, Alberta, the Company's operations are located across North America, with core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan.

Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange. For more information, visit www.gibsonenergy.com.

For further information, please contact:

Investor Relations
Phone: (403) 776-3077
Email: investor.relations@gibsonenergy.com

Media
Phone: (403) 476-6334
Email: communications@gibsonenergy.com


FAQ**

How does the recent dividend increase to $0.45 per share for Gibson Energy Inc. (GBNXF) reflect the company's overall financial health and stability in the current market?

The recent dividend increase to $0.45 per share for Gibson Energy Inc. (GBNXF) underscores the company's financial health and stability, indicating strong cash flows and confidence in future earnings amid current market conditions.

Given the successful completion of capital projects in 2025, what specific factors contributed to Gibson Energy Inc. (GBNXF) achieving stable Infrastructure cash flows?

Gibson Energy Inc. achieved stable Infrastructure cash flows in 2025 due to increased operational efficiency, strategic asset acquisitions, improved market demand for energy infrastructure, and effective cost management initiatives implemented during project completions.

With the announcement of its seventh consecutive annual dividend increase, how does Gibson Energy Inc. (GBNXF) plan to sustain this momentum in future quarters and years?

Gibson Energy Inc. (GBNXF) aims to sustain its momentum through strategic investments in infrastructure, focusing on efficiency and operational excellence, while maintaining a disciplined approach to capital allocation and generating robust cash flows to support ongoing dividend increases.

Can you elaborate on the implications of the Canadian withholding tax for non-resident shareholders of Gibson Energy Inc. (GBNXF) and how it affects their overall returns?

Non-resident shareholders of Gibson Energy Inc. (GBNXF) face a 25% Canadian withholding tax on dividends, which reduces their overall returns from investments in the company unless a tax treaty lowers the rate, thus impacting net income for these investors.

**MWN-AI FAQ is based on asking OpenAI questions about Gibson Energy Inc (OTC: GBNXF).

Gibson Energy Inc

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