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GTL Crude Oil Barge Loading Facility
GTL Crude Oil Barge Loading Facility
(CNW Group/Gibson Energy Inc.)

Gibson Energy sees more dividend growth

Gibson Energy Inc. shareholders can look for more payout increases in the wake of the purchase of a U.S. oil services company.

Gibson signalled yesterday when it announced the takeover of OMNI Energy Services Corp. for $445-million (U.S.) that distributable cash flow should rise significantly. That creates room for more payout increases over and above the 4 per cent bump in the dividend that Gibson announced at the same time as the acquisition.