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Gibson Energy Reports Strong Q3 Results

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Gibson Energy Reports Strong Q3 Results

Gibson Energy (TSE:GEI) has released an update.

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Gibson Energy reported strong third-quarter results, driven by its robust Infrastructure segment, which now constitutes over 85% of its business. The company experienced record crude volumes at its Edmonton Terminal, significantly contributing to its performance. Despite a decrease in overall revenue, net income saw a remarkable increase due to strategic expansions and efficient cost management.

For further insights into TSE:GEI stock, check out TipRanks’ Stock Analysis page.

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