Gibson Energy Reports Q2 2026 Financial Results and Operational Updates
Gibson Energy (GEI) reported strong financial performance for the second quarter of 2026, with Infrastructure Adjusted EBITDA reaching CAD 169 million—up from CAD 152 million in Q2 2025. This increase was driven by higher network utilization and contributions from its recent Chauvin acquisition. Consolidated Adjusted EBITDA also reached CAD 169 million, matching the previous quarterly record while rising CAD 22 million year-over-year. Marketing segment performance showed improvement with Marketing Adjusted EBITDA at CAD 15 million for Q2 and a Year-to-Date total of CAD 18 million. The company expects full-year marketing results to trend toward the upper end of its guidance range due to enhanced decision-making efficiency from technology investments. Distributable Cash Flow increased by CAD 15 million year-over-year, supported by record infrastructure earnings despite higher financing costs.
Topics: adjusted_ebitda cash_flow ebitda leverage network_utilization