Gibson Energy (OTCMKTS:GBNXF) Hits New 52-Week High – Still a Buy?

Gibson Energy Inc. (OTCMKTS:GBNXF)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $21.97 and last traded at $21.96, with a volume of 1400 shares traded. The stock had previously closed at $21.69.

Analysts Set New Price Targets

Several brokerages have weighed in on GBNXF. TD Securities reaffirmed a “hold” rating on shares of Gibson Energy in a research note on Wednesday, February 18th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Raymond James Financial cut Gibson Energy from a “strong-buy” rating to an “outperform” rating in a report on Wednesday, February 18th. Scotiabank reaffirmed a “sector perform” rating on shares of Gibson Energy in a report on Friday, January 16th. Finally, National Bank Financial raised shares of Gibson Energy from a “sector perform” rating to an “outperform” rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Gibson Energy Trading Up 1.2%

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 company has a market cap of $3.78 billion, a P/E ratio of 25.54 and a beta of 0.71. The business has a 50-day moving average price of $19.67 and a two-hundred day moving average price of $18.68.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Gibson Energy had a return on equity of 22.21% and a net margin of 1.85%.The firm had revenue of $1.74 billion during the quarter, compared to analyst estimates of $2.06 billion. On average, analysts predict that Gibson Energy Inc. will post 1.09 EPS for the current year.

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.