Gibson Energy Reports Third Quarter 2026 Results, Highlighted by Record Consolidated and Infrastructure Adjusted EBITDA, and Sanctions the Chauvin Pipeline Expansion Project
Globe Newswire•02/11/2026•16:01 ET
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Key Highlights
- ➤Consolidated adjusted EBITDA $193 million, up $46 million year over year
- ➤Infrastructure adjusted EBITDA $177 million, up $23 million year over year
- ➤Marketing adjusted EBITDA $35 million, up $28 million year over year
- ➤Chauvin expansion sanctioned, increasing system capacity approximately 50% by first-half 2028
- ➤Net income $77 million, up $31 million year over year
Expert Statements
Curtis Philippon, President and Chief Executive Officer of Gibson Energy Inc.
“Gibson delivered an exceptional third quarter, with record results across the business. Chauvin continues to exceed our expectations, and we are pleased to sanction an expansion that will increase pipeline capacity by approximately 50%. It is a great example of the kind of disciplined infrastructure investment we want to make: supported by our customers, closely connected to our existing assets and capable of delivering attractive returns. In the U.S., we also placed our Wink-to-Gateway Integration Project into service, enhancing connectivity across our network and positioning Gateway to capture additional volumes. With improving Canadian market access and growing producer activity, the opportunity set in front of Gibson is as strong as we have seen in some time. We are well positioned to turn those opportunities into meaningful growth and long-term value for shareholders.”
(All financial figures are in Canadian dollars unless otherwise noted)
CALGARY, Alberta, Nov. 02, 2026 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today its financial and operating results for the three and nine months ended September 30, 2026.
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