Gibson Energy (OTCMKTS:GBNXF) Shares Gap Down – Here’s What Happened

Shares of Gibson Energy Inc. (OTCMKTS:GBNXF) gapped down prior to trading on Tuesday . The stock had previously closed at $21.34, but opened at $20.10. Gibson Energy shares last traded at $21.3075, with a volume of 1,825 shares traded.

Analyst Ratings Changes

GBNXF has been the topic of a number of research analyst reports. Jefferies Financial Group restated a “buy” rating on shares of Gibson Energy in a research note on Wednesday, December 3rd. Raymond James Financial lowered Gibson Energy from a “strong-buy” rating to an “outperform” rating in a report on Wednesday, February 18th. BMO Capital Markets reissued a “market perform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. TD Securities restated a “hold” rating on shares of Gibson Energy in a research note on Wednesday, February 18th. Finally, Scotiabank reiterated a “sector perform” rating on shares of Gibson Energy in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Gibson Energy Stock Up 0.7%

The stock’s 50-day moving average price is $20.80 and its two-hundred day moving average price is $19.03. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 3.29. The stock has a market capitalization of $3.70 billion, a P/E ratio of 24.98 and a beta of 0.71.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings results 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 22.65% and a net margin of 1.85%.The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $2.06 billion. As a group, research analysts expect that Gibson Energy Inc. will post 1.09 earnings per share for the current fiscal 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.