Gibson Energy Inc. (OTCMKTS:GBNXF) Receives Average Rating of “Moderate Buy” from Analysts

Gibson Energy Inc. (OTCMKTS:GBNXF) has earned an average recommendation of “Moderate Buy” from the ten analysts that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have commented on GBNXF. National Bankshares upgraded shares of Gibson Energy from a “sector perform” rating to an “outperform” rating in a research report on Tuesday. Scotiabank downgraded shares of Gibson Energy from an “outperform” rating to a “hold” rating in a report on Monday, October 20th. Royal Bank Of Canada reissued an “outperform” rating on shares of Gibson Energy in a research note on Wednesday, November 5th. Zacks Research downgraded Gibson Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 5th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Gibson Energy in a report on Wednesday.

Gibson Energy Stock Performance

OTCMKTS GBNXF opened at $18.44 on Wednesday. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.71 and a quick ratio of 0.58. Gibson Energy has a 1-year low of $13.94 and a 1-year high of $19.61. The business has a 50 day simple moving average of $17.61 and a two-hundred day simple moving average of $17.82. The stock has a market capitalization of $3.02 billion, a PE ratio of 27.94 and a beta of 0.75.

Gibson Energy (OTCMKTS:GBNXF) last posted its earnings results on Monday, November 3rd. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). Gibson Energy had a net margin of 1.40% and a return on equity of 16.26%. The business had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.72 billion. On average, research analysts predict that Gibson Energy will post 1.09 EPS for the current fiscal year.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.