|By Marketwired .||
|May 6, 2014 05:00 PM EDT||
CALGARY, ALBERTA -- (Marketwired) -- 05/06/14 -- All financial figures are in Canadian dollars
Gibson Energy Inc. ("Gibson"), (TSX: GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.30 per common share to shareholders of record at the close of business on June 30, 2014 that is payable on July 17, 2014. 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 is a large, independent midstream energy company in Canada and an integrated service provider to the oil and gas industry in the U.S. Gibson is engaged in the movement, storage, blending, processing, marketing and distribution of crude oil, condensate, NGLs, water, oilfield waste and refined products. The Company transports energy products by using its network of terminals, pipelines, storage tanks and trucks located throughout western Canada and through its significant truck transportation and injection station network in the U.S. The Company also provides environmental and production services, including fluid handling, emulsion treating, water disposal and oilfield waste management services in Canada and the U.S., and is the second largest retail propane distribution company in Canada.