Capital Expenditure | Capital Expenditure - 2018

Gibson Energy IDs 2018 Budget of $120-150 Million

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   |    Wednesday,December 06,2017

Gibson Energy has detailed its 2018 capital budget of $120-150 million.

Growth Capital ($ millions)      
  Hardisty Terminal   $90 - $110
  Edmonton Terminal     25 -   30
  Total Terminals   $115 - $140
         
  U.S. Infrastructure     5 -   10
         
  Total   $120 - $150
         
Upgrade and Replacement Capital ($ millions)  
  Infrastructure   $15 - $20
  Logistics(1)     5 -   10
  Other     0 -   5

Nearly all of the growth capital will be focused on the company's Hardisty and Edmonton terminals.


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