Gibson Energy (OTCMKTS:GBNXF) Posts Quarterly Earnings Results, Misses Expectations By $0.21 EPS

Gibson Energy (OTCMKTS:GBNXF) released its earnings results on Monday. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.21), Zacks reports. Gibson Energy had a net margin of 1.85% and a return on equity of 22.65%. The business had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2.09 billion.

Gibson Energy Trading Up 1.2%

Shares of GBNXF opened at $22.23 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 3.29. Gibson Energy has a twelve month low of $15.57 and a twelve month high of $22.23. The stock has a market capitalization of $3.83 billion, a P/E ratio of 25.85 and a beta of 0.65. The firm has a fifty day simple moving average of $21.18 and a two-hundred day simple moving average of $19.34.

Analyst Upgrades and Downgrades

GBNXF has been the topic of several recent research reports. BMO Capital Markets reaffirmed a “market perform” rating on shares of Gibson Energy in a report on Wednesday, February 18th. Zacks Research raised shares of Gibson Energy from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. Scotiabank reaffirmed a “sector perform” rating on shares of Gibson Energy in a report on Friday, January 16th. Raymond James Financial lowered shares of Gibson Energy from a “strong-buy” rating to an “outperform” rating in a report on Wednesday, February 18th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Gibson Energy in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average 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.