Gibson Energy (TSX:GEI) Construction In Progress : C$66 Mil (As of Mar. 2025)

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What is Gibson Energy Construction In Progress?

Gibson Energy's quarterly construction in progress declined from Sep. 2024 (C$191 Mil) to Dec. 2024 (C$61 Mil) but then increased from Dec. 2024 (C$61 Mil) to Mar. 2025 (C$66 Mil).

Gibson Energy's annual construction in progress increased from Dec. 2022 (C$110 Mil) to Dec. 2023 (C$156 Mil) but then declined from Dec. 2023 (C$156 Mil) to Dec. 2024 (C$61 Mil).

Gibson Energy Construction In Progress Historical Data

The historical data trend for Gibson Energy's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gibson Energy Construction In Progress Chart

Gibson Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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80.02

136.40

109.63

155.82

61.05

Gibson Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															136.42	159.71	191.15	61.05	65.60

Gibson Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Gibson Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gibson Energy Inc (TSX:GEI) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

GBNXF:USA 8GB:Germany

Address

440 - 2nd Avenue South West, Suite 1700, Calgary, AB, CAN, T2P 5E9

Website

https://www.gibsonenergy.com

Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud products; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.

Executives

James Estey	Director
Douglas Palmer Bloom	Director
Curtis Philippon	Director, Senior Officer
Kelly Holtby	Senior Officer
Riley Hicks	Senior Officer
Steven R. Spaulding	Director, Senior Officer
Khalid Muslih	Director
Sean Brown	Senior Officer
Sean Wilson	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Diane Ann Kazarian	Director
Omar Ali Khan Saif	Senior Officer
James Joseph Cleary	Director
Heidi Dutton	Director
Kyle John Degruchy	Senior Officer
John Festival	Director

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