CALGARY - Gibson Energy Inc. announced today that its Board of Directors has approved a quarterly dividend of $0.34 per common share payable on January 15, 2021, to shareholders of record at the close of business on December 31, 2020.

This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividends are subject to Canadian withholding tax.

About Gibson

Gibson Energy Inc. ('Gibson' or the 'Company'), (TSX: GEI) is a Canadian-based oil infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of crude oil and refined products. Headquartered in Calgary, Alberta, the Company's operations are focused around its core terminal assets located at Hardisty and Edmonton, Alberta, and also include the Moose Jaw Facility and an infrastructure position in the U.S.

Contact:

Tel: (403) 776-3146

Email: mark.chyc-cies@gibsonenergy.com

(C) 2020 Electronic News Publishing, source ENP Newswire