As of {{ticker.Quote.Date.DatePart}} {{ticker.Quote.Date.TimePart}} EST
We are a leading, oil-focused infrastructure company with a focused asset base and stable, long-term cash flows.
With nearly 12 million barrels of storage, and over 500 km of crude pipelines, we touch 1 in every 4 barrels produced in Western Canada.
Safety, environmental protection and community play important roles in our growth as a company.
We are a crude oil infrastructure company that connects customers to markets, employees to rewarding careers, and investors to long-term value.
In 1953, Hunting PLC, a British company, sees an opportunity in Canada’s burgeoning oil and gas industry. It creates Gibson Petroleum Marketing Company Ltd., to move and market crude oil, and becomes one of Canada’s first midstream companies.
Gibson makes its first shipment sale to the British American Oil Company - 366 barrels of crude oil for $673.55.
Throughout the 50s, Gibson expands into trucking, rail cars and pipelines to move crude oil throughout Western Canada.
Gibson turns its attention to Hardisty, Alberta, and builds a gathering pipeline system to serve the Bellshill Lake and Thompson Lake fields. That same year, it adds two 20,000-barrel tanks at Hardisty to collect and move oil from Western Canada to the east. Gibson is the first company to construct storage tanks at Hardisty.
Gibson builds terminals in Edmonton, Alberta with a modest storage capacity of 5000 barrels
The Bow River pipeline ties in to the Hardisty terminal; it is the first trunk line outlet for southeastern Alberta crude oil. By the mid-60s, Gibson's Hardisty facility pumps over a million barrels of crude annually into transmission lines destined for refineries in Eastern Canada and the U.S.
Gibson acquires its first two insulated semi-trailers to haul heavy crude. The big yellow trucks become synonymous with Gibson.