Gibson Energy (OTCMKTS:GBNXF) Announces Earnings Results

Gibson Energy (OTCMKTS:GBNXF) announced its quarterly earnings results on Tuesday. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.06), Zacks reports. Gibson Energy had a return on equity of 16.47% and a net margin of 1.40%.

Gibson Energy Stock Up 1.3%

Shares of GBNXF stock traded up $0.27 during mid-day trading on Tuesday, hitting $20.67. 710 shares of the stock traded hands, compared to its average volume of 29,233. Gibson Energy has a 52-week low of $13.94 and a 52-week high of $20.81. The stock has a market cap of $3.39 billion, a P/E ratio of 31.32 and a beta of 0.74. The company has a debt-to-equity ratio of 3.08, a current ratio of 0.99 and a quick ratio of 0.79. The stock’s fifty day moving average is $18.98 and its two-hundred day moving average is $18.42.

Wall Street Analysts Forecast Growth

GBNXF has been the subject of several analyst reports. Zacks Research lowered Gibson Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. Scotiabank restated a “sector perform” rating on shares of Gibson Energy in a report on Friday, January 16th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Gibson Energy in a research note on Wednesday, December 3rd. BMO Capital Markets reissued a “market perform” rating on shares of Gibson Energy in a research note on Wednesday, December 3rd. Finally, Jefferies Financial Group restated a “buy” rating on shares of Gibson Energy in a report on Wednesday, December 3rd. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, 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.