Gibson Energy (OTCMKTS:GBNXF) Issues Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Gibson Energy (OTCMKTS:GBNXF) issued its quarterly earnings data on Tuesday. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05), Zacks reports. Gibson Energy had a return on equity of 16.47% and a net margin of 1.40%.The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $2.06 billion.

Gibson Energy Stock Performance

GBNXF opened at $20.67 on Wednesday. Gibson Energy has a 52-week low of $13.94 and a 52-week high of $20.81. The company has a quick ratio of 0.79, a current ratio of 0.99 and a debt-to-equity ratio of 3.08. The firm’s fifty day simple moving average is $19.02 and its two-hundred day simple moving average is $18.44. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 31.32 and a beta of 0.74.

Analyst Ratings Changes

Several equities analysts have recently issued reports on GBNXF shares. Zacks Research lowered Gibson Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. National Bank Financial raised Gibson Energy from a “sector perform” rating to an “outperform” rating in a report on Tuesday, December 2nd. Scotiabank reaffirmed a “sector perform” rating on shares of Gibson Energy in a research note on Friday, January 16th. Royal Bank Of Canada reissued an “outperform” 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 issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

About Gibson Energy

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.