As can be seen, they are impressed that the company continually beats guidance. GLTA

Gibson Energy (GEI) - $22.85 - First Glance: Another Good Quarter

Outperform, Average Risk, Price Target: $27.00

GEI’s third-quarter CFFO/share was $0.54 compared to RBC CM’s estimate of $0.50 with the variance driven by an EBITDA beat led by Marketing and Truck Transportation. Higher-than-forecast maintenance capex resulted in ACFFO/share of $0.33, slightly below forecast of $0.35. RBC CM notes that GEI has developed a track record for delivering solid results. GEI has met or exceeded RBC CM’s EBITDA forecast in all six quarters since its IPO last year