Gibson Energy Inc. to Post Q1 2024 Earnings of $0.29 Per Share, Atb Cap Markets Forecasts (OTCMKTS:GBNXF)

Gibson Energy Inc. (OTCMKTS:GBNXF) – Equities researchers at Atb Cap Markets reduced their Q1 2024 earnings per share (EPS) estimates for Gibson Energy in a research note issued on Tuesday, April 23rd. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings of $0.29 per share for the quarter, down from their prior estimate of $0.30. The consensus estimate for Gibson Energy’s current full-year earnings is $1.14 per share.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings data on Tuesday, February 20th. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.40 billion. Gibson Energy had a return on equity of 30.53% and a net margin of 1.94%.

Gibson Energy Price Performance

Gibson Energy stock opened at $16.56 on Friday. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.86 and a current ratio of 1.12. The firm has a market cap of $2.69 billion, a P/E ratio of 15.90 and a beta of 0.95. The business’s fifty day moving average is $16.62 and its two-hundred day moving average is $15.74. Gibson Energy has a 52 week low of $13.45 and a 52 week high of $17.18.

Gibson Energy Company Profile

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.