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Latest Press Releases

Gibson Energy Announces the Addition of Ms. Judy Cotte to the Company's Board of Directors
- GlobeNewswire - Tue Mar 17, 3:01PM CDT
GlobeNewswire - CMTX
Tue Mar 17, 3:01PM CDT
Gibson Energy Inc. ("Gibson" or the "Company"), (TSX: GEI), announced today that Ms. Judy Cotte will join the Company's Board of Directors effective March 17, 2020.
Gibson Energy and USD Announce Government of Alberta Approval of Hardisty DRU and Finalization of Agreements to Sanction the Construction of the Initial 50,000 bbl/d of Capacity
- GlobeNewswire - Tue Feb 25, 7:16PM CST
GlobeNewswire - CMTX
Tue Feb 25, 7:16PM CST
US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (TSX: GEI) jointly announced the receipt of all required regulatory approvals from the Government of Alberta to proceed with the construction of a diluent recovery unit (DRU) near Hardisty, Alberta, Canada. Additionally, USD and Gibson have finalized all required commercial agreements with ConocoPhillips Canada to fully underpin and sanction the construction of the initial phase of the DRU at 50,000 barrels per day of inlet bitumen blend capacity and enable rail shipments of DRUbit(TM) to the U.S. Gulf Coast.
Gibson Energy Announces 2019 Fourth Quarter and Year-End Results and Announces a Dividend Increase
- GlobeNewswire - Mon Feb 24, 3:01PM CST
GlobeNewswire - CMTX
Mon Feb 24, 3:01PM CST
Gibson Energy Inc. ("Gibson" or the "Company") (TSX: GEI), announced today its financial and operating results for the three months and fiscal year ended December 31, 2019.
Gibson Energy Announces Dividend Increase and Declares Dividend
- GlobeNewswire - Mon Feb 24, 3:01PM CST
GlobeNewswire - CMTX
Mon Feb 24, 3:01PM CST
Gibson Energy Inc. ("Gibson" or the "Company") (TSX: GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.34 per common share, an increase of $0.01 per common share, which will be payable on April 17, 2020, to shareholders of record at the close of business on March 31, 2020. 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.
Gibson Energy Confirms 2019 Fourth Quarter and Year-End Earnings Release Date and Provides Conference Call & Webcast Details
- GlobeNewswire - Mon Jan 27, 3:01PM CST
GlobeNewswire - CMTX
Mon Jan 27, 3:01PM CST
Gibson Energy Inc. ("Gibson" or the "Company"), (TSX: GEI), announced today it expects to release its 2019 fourth quarter and year-end financial and operating results on Monday, February 24, 2020 after the close of North American markets. The 2019 fourth quarter and year-end management's discussion and analysis and audited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com.
Gibson Energy Announces One Million Barrel Expansion at Hardisty Terminal
- GlobeNewswire - Wed Dec 18, 3:50PM CST
GlobeNewswire - CMTX
Wed Dec 18, 3:50PM CST
All financial figures are in Canadian dollars unless noted otherwise
Gibson Energy Announces 2020 Capital Budget
- GlobeNewswire - Mon Dec 9, 3:01PM CST
GlobeNewswire - CMTX
Mon Dec 9, 3:01PM CST
All financial figures are in Canadian dollars unless noted otherwise
USD Partners Announces Long-Term Contract Extensions with ConocoPhillips Associated with its Sponsor's Joint Venture with Gibson Energy to Construct a DRU at its Hardisty Terminal
- BusinessWire - Tue Dec 3, 4:09PM CST
BusinessWire - CMTX
Tue Dec 3, 4:09PM CST
USD Partners LP (NYSE:USDP) (the "Partnership") announced today that it has executed long-term, multi-year renewals for the remaining capacity at its Hardisty Terminal with ConocoPhillips Canada. Including these recent renewals, the Partnership has executed multi-year extensions for 100% of the capacity at its Hardisty Terminal. Also, in association with its Sponsor's recently announced Joint Venture with Gibson Energy Inc. to construct a diluent recovery unit (the "DRU") adjacent to the Hardisty Terminal, a material amount of the Hardisty Terminal's current capacity will be extended beyond 2030, pending the successful construction and completion of the DRU. The DRU could be placed into service as early as the second quarter of 2021. The renewals contain take-or-pay terms with minimum monthly payments and rates that are consistent with those of the original terminalling services agreement with the customer.
Gibson Energy and USD Announce Joint Venture to Construct DRU at Hardisty Utilizing Innovative DRUbit(TM) Technology and Agreement with ConocoPhillips for 50,000 bbl/d of Capacity
- GlobeNewswire - Tue Dec 3, 3:01PM CST
GlobeNewswire - CMTX
Tue Dec 3, 3:01PM CST
US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (TSX: GEI) jointly announced today an agreement to construct and operate a diluent recovery unit (DRU) near Hardisty, Alberta, Canada. ConocoPhillips Canada has contracted to process 50,000 barrels per day of inlet bitumen blend through the DRU to be shipped by Canadian Pacific (CP) (TSX: CP) (NYSE: CP) and Kansas City Southern Railway Company (KCS) (NYSE: KSU) to the U.S. Gulf Coast. USD and Gibson are currently in commercial discussions with other potential producer and refiner customers to secure long-term, take-or-pay agreements for an additional 50,000 barrels per day at the proposed DRU.
Gibson Energy Declares Dividend
- GlobeNewswire - Mon Nov 4, 3:01PM CST
GlobeNewswire - CMTX
Mon Nov 4, 3:01PM CST
Gibson Energy Inc. ("Gibson" or the "Company") (TSX: GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.33 per common share payable on January 17, 2020, to shareholders of record at the close of business on December 31, 2019. 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.

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