Home / Business and Economy / Gibson Energy Hits Record Infrastructure EBITDA
Gibson Energy Hits Record Infrastructure EBITDA
29 Jul
Summary
- Infrastructure adjusted EBITDA reached a record $169 million in Q2 2026.
- Acquired Chauvin Pipeline system and optimization boosted performance.
- Marketing business thrived due to refined-product crack spreads and volatility.
Gibson Energy reported a landmark second quarter in 2026, achieving record infrastructure adjusted EBITDA of $169 million. This figure surpassed previous quarterly records, signaling strong operational performance. The company's success was fueled by enhanced network utilization, the strategic addition of the Chauvin Pipeline system, and ongoing optimization initiatives.
The marketing business segment also experienced a significant uplift, benefiting from favorable refined-products crack spreads and notable crude-market volatility. CEO Curtis Philippon highlighted the increasing strategic importance of secure North American energy infrastructure and expressed optimism about the sector's outlook.
Gibson Energy's terminals and land assets in key locations like Hardisty, Edmonton, and Bruderheim are well-positioned to address evolving customer infrastructure needs. The company also celebrated achieving over one year without a recordable injury, underscoring a commitment to safety.
