Gibson Energy Inc. (GEI) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to the Gibson Energy Second Quarter 2025 Conference Call. Please be advised that this call is being recorded. I would now like to turn the meeting over to Beth Pollack, Vice President, Capital Markets and Risk. Ms. Pollack, please go ahead. Thank you. Good morning and welcome to our Second Quarter Earnings Call. Joining me today from Gibson Energy are Curtis Fileton, President and Chief Executive Officer, and Riley Hicks, Senior Vice President and Chief Financial Officer. The rest of our management team is also present to help with questions and answers as required. Listeners are reminded that today's call refers to non-GAAP measures, forward-looking information and is subject to certain assumptions and adjustments and may not be indicative of actual results. Descriptions and qualifications of such measures and information are set out in our investor presentation, available on our website, and our continuous disclosure documents available on CDAR+. With that, I will turn the call over to Curtis. Thanks, Beth. Good morning and thank you for joining us today to discuss our Second Quarter Financial and Operating Results. Q2 was a great execution quarter for Gibson. We achieved many key milestones, including the safe and efficient execution of several major capital projects. These efforts underscore the momentum we have across our five strategic priorities – safety, gateway execution, growth, cost focus and building high-performance teams. During the second quarter, we completed the Gateway Dredging Project and turnarounds at the Moose Jaw Facility and the Hardesty DRU, with all projects safely executed on time and on or under budget. We also made significant progress on the Cactus II connection at Gateway and advanced construction on th...