Gibson Energy (GBNXF) Projected to Announce Quarterly Earnings on Monday

Gibson Energy (OTCMKTS:GBNXF) will likely be posting its resultson Monday, July 27th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $2.3478 billion for the quarter.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings data on Monday, May 4th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.21). Gibson Energy had a return on equity of 16.57% and a net margin of 1.36%.The business had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $2.09 billion. On average, analysts expect Gibson Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gibson Energy Price Performance

OTCMKTS:GBNXF opened at $21.97 on Monday. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.17 and a quick ratio of 0.87. Gibson Energy has a 1-year low of $15.91 and a 1-year high of $22.23. The company has a 50-day moving average of $21.04 and a 200 day moving average of $20.59. The firm has a market cap of $3.79 billion, a PE ratio of 34.33 and a beta of 0.62.

Analysts Set New Price Targets

GBNXF has been the topic of a number of analyst reports. TD Securities reiterated a “buy” rating on shares of Gibson Energy in a report on Thursday. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Gibson Energy in a research note on Tuesday, May 26th. Finally, Zacks Research downgraded Gibson Energy from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Gibson Energy has a consensus rating of “Moderate Buy”.

Gibson Energy Company Profile

Gibson Energy is a midstream energy services company headquartered in Calgary, Alberta, that provides crude oil, natural gas liquids (NGL) and refined products storage, terminalling, processing and transportation. With a network of terminals, pipelines, truck racks and processing facilities, the company serves producers, refiners, marketers and other midstream operators across Western Canada and parts of the U.S. Its comprehensive offerings include product handling, blending, distribution and marketing services tailored to meet fluctuating energy market demands.

Gibson Energy’s infrastructure portfolio includes crude oil and refined product terminals, an NGL fractionation facility and bulk storage sites strategically located near key supply basins such as the Alberta oil sands region and the U.S.