Gibson Energy Inc. (GEI) - Net Assets
Based on the latest financial reports, Gibson Energy Inc. (GEI) has net assets worth CA$868.47 Million CAD (≈ $628.24 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.71 Billion ≈ $3.41 Billion USD) and total liabilities (CA$3.84 Billion ≈ $2.78 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Gibson Energy Inc. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$868.47 Million |
| % of Total Assets | 18.44% |
| Annual Growth Rate | 4.22% |
| 5-Year Change | 43.02% |
| 10-Year Change | -16.7% |
| Growth Volatility | 26.82 |
Gibson Energy Inc. - Net Assets Trend (2010–2024)
This chart illustrates how Gibson Energy Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Gibson Energy Inc. total assets for the complete picture of this company's asset base.
Annual Net Assets for Gibson Energy Inc. (2010–2024)
The table below shows the annual net assets of Gibson Energy Inc. from 2010 to 2024. For live valuation and market cap data, see how much is Gibson Energy Inc. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$972.07 Million ≈ $703.18 Million |
+6.53% |
| 2023-12-31 | CA$912.47 Million ≈ $660.07 Million |
+59.24% |
| 2022-12-31 | CA$573.02 Million ≈ $414.51 Million |
-11.04% |
| 2021-12-31 | CA$644.13 Million ≈ $465.95 Million |
-5.23% |
| 2020-12-31 | CA$679.65 Million ≈ $491.65 Million |
-10.64% |
| 2019-12-31 | CA$760.61 Million ≈ $550.21 Million |
+0.31% |
| 2018-12-31 | CA$758.23 Million ≈ $548.49 Million |
-16.73% |
| 2017-12-31 | CA$910.60 Million ≈ $658.72 Million |
-13.86% |
| 2016-12-31 | CA$1.06 Billion ≈ $764.69 Million |
-9.42% |
| 2015-12-31 | CA$1.17 Billion ≈ $844.19 Million |
-18.23% |
| 2014-12-31 | CA$1.43 Billion ≈ $1.03 Billion |
+4.28% |
| 2013-12-31 | CA$1.37 Billion ≈ $990.05 Million |
+4.73% |
| 2012-12-31 | CA$1.31 Billion ≈ $945.34 Million |
+53.16% |
| 2011-12-31 | CA$853.22 Million ≈ $617.21 Million |
+56.61% |
| 2010-12-31 | CA$544.81 Million ≈ $394.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gibson Energy Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 153038400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$2.37 Billion | 244.00% |
| Other Comprehensive Income | CA$196.54 Million | 20.22% |
| Other Components | CA$60.78 Million | 6.25% |
| Total Equity | CA$972.07 Million | 100.00% |
Gibson Energy Inc. Competitors by Market Cap
The table below lists competitors of Gibson Energy Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Endurance Technologies Limited
NSE:ENDURANCE
|
$3.55 Billion |
|
iRay Technology Co Ltd
SHG:688301
|
$3.55 Billion |
|
JB Chemicals & Pharmaceuticals Limited
NSE:JBCHEPHARM
|
$3.55 Billion |
|
Jiangsu Changshu Rural Commercial Bank Co Ltd
SHG:601128
|
$3.55 Billion |
|
Centrus Energy Corp.
NYSE MKT:LEU
|
$3.54 Billion |
|
SHAND.GOLD MNG LTD H HD 1
F:188H
|
$3.54 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
$3.54 Billion |
|
SpringWorks Therapeutics Inc
NASDAQ:SWTX
|
$3.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gibson Energy Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 912,470,000 to 972,067,000, a change of 59,597,000 (6.5%).
- Net income of 152,174,000 contributed positively to equity growth.
- Dividend payments of 263,050,000 reduced retained earnings.
- Share repurchases of 5,392,000 reduced equity.
- Other comprehensive income increased equity by 148,016,000.
- Other factors increased equity by 27,849,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$152.17 Million | +15.65% |
| Dividends Paid | CA$263.05 Million | -27.06% |
| Share Repurchases | CA$5.39 Million | -0.55% |
| Other Comprehensive Income | CA$148.02 Million | +15.23% |
| Other Changes | CA$27.85 Million | +2.86% |
| Total Change | CA$- | 6.53% |
Book Value vs Market Value Analysis
This analysis compares Gibson Energy Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.34x to 5.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | CA$5.60 | CA$29.90 | x |
| 2011-12-31 | CA$10.71 | CA$29.90 | x |
| 2012-12-31 | CA$12.39 | CA$29.90 | x |
| 2013-12-31 | CA$11.12 | CA$29.90 | x |
| 2014-12-31 | CA$11.36 | CA$29.90 | x |
| 2015-12-31 | CA$9.29 | CA$29.90 | x |
| 2016-12-31 | CA$7.82 | CA$29.90 | x |
| 2017-12-31 | CA$6.39 | CA$29.90 | x |
| 2018-12-31 | CA$5.18 | CA$29.90 | x |
| 2019-12-31 | CA$5.15 | CA$29.90 | x |
| 2020-12-31 | CA$4.57 | CA$29.90 | x |
| 2021-12-31 | CA$4.32 | CA$29.90 | x |
| 2022-12-31 | CA$3.85 | CA$29.90 | x |
| 2023-12-31 | CA$6.02 | CA$29.90 | x |
| 2024-12-31 | CA$5.93 | CA$29.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gibson Energy Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.29%
- • Asset Turnover: 2.37x
- • Equity Multiplier: 5.11x
- Recent ROE (15.65%) is above the historical average (9.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.54% | 0.08% | 1.86x | 3.64x | CA$-51.54 Million |
| 2011 | -7.34% | -1.23% | 2.30x | 2.58x | CA$-147.93 Million |
| 2012 | 8.89% | 2.36% | 1.76x | 2.14x | CA$-14.50 Million |
| 2013 | 7.59% | 1.50% | 2.28x | 2.23x | CA$-33.05 Million |
| 2014 | 6.44% | 1.07% | 2.40x | 2.50x | CA$-50.78 Million |
| 2015 | -24.05% | -5.19% | 1.65x | 2.81x | CA$-397.36 Million |
| 2016 | -15.11% | -3.48% | 1.41x | 3.09x | CA$-265.42 Million |
| 2017 | 4.85% | 0.78% | 1.91x | 3.26x | CA$-46.93 Million |
| 2018 | 19.92% | 2.21% | 2.44x | 3.71x | CA$75.22 Million |
| 2019 | 24.05% | 2.49% | 2.46x | 3.91x | CA$106.84 Million |
| 2020 | 17.85% | 2.46% | 1.61x | 4.51x | CA$53.34 Million |
| 2021 | 22.52% | 2.01% | 2.10x | 5.33x | CA$80.64 Million |
| 2022 | 38.96% | 2.02% | 3.45x | 5.58x | CA$165.94 Million |
| 2023 | 23.48% | 1.94% | 2.23x | 5.42x | CA$122.96 Million |
| 2024 | 15.65% | 1.29% | 2.37x | 5.11x | CA$54.97 Million |
Industry Comparison
This section compares Gibson Energy Inc.'s net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $8,629,762,047
- Average return on equity (ROE) among peers: 8.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gibson Energy Inc. (GEI) | CA$868.47 Million | 0.54% | 4.42x | $3.54 Billion |
| AltaGas Ltd (ALA) | $3.57 Billion | 3.64% | 1.35x | $11.75 Billion |
| Enbridge Inc (ENB) | $13.76 Billion | 5.20% | 2.43x | $117.71 Billion |
| Keyera Corp. (KEY) | $2.78 Billion | 15.26% | 2.16x | $8.76 Billion |
| Pembina Pipeline Corp (PPL) | $13.85 Billion | 6.38% | 0.85x | $26.58 Billion |
| South Bow Corporation (SOBO) | $2.70 Billion | 16.29% | 3.13x | $7.13 Billion |
| Source Rock Royalties Ltd (SRR) | $27.44 Million | 9.32% | 0.05x | $32.97 Million |
| Topaz Energy Corp (TPZ) | $1.32 Billion | 2.08% | 0.26x | $3.48 Billion |
| TC Energy Corp (TRP) | $39.01 Billion | 7.49% | 2.21x | $68.30 Billion |
| Tidewater Midstream and Infrastructure Ltd (TWM) | $642.75 Million | 11.12% | 2.07x | $121.58 Million |
About Gibson Energy Inc.
Gibson Energy Inc., together with its subsidiaries, engages in the gathering, storing, optimizing, and processing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The company operates a network of infrastructure assets that include terminals, marine export facility, rail loading and unloading facilities, gathering pipeline… Read more