Gibson Energy (OTCMKTS:GBNXF) Issues Earnings Results

Gibson Energy (OTCMKTS:GBNXF) issued its quarterly earnings data on Monday. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.20 by $0.07, Zacks reports. Gibson Energy had a return on equity of 16.70% and a net margin of 1.48%. The company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion.

Gibson Energy Stock Performance

Shares of GBNXF stock opened at $18.18 on Wednesday. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.52 and a current ratio of 0.65. Gibson Energy has a fifty-two week low of $13.13 and a fifty-two week high of $18.92. The stock has a 50 day moving average price of $17.37 and a two-hundred day moving average price of $16.44. The company has a market capitalization of $2.98 billion, a P/E ratio of 25.97 and a beta of 0.86.

Wall Street Analyst Weigh In

Several analysts have issued reports on GBNXF shares. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Gibson Energy in a research note on Tuesday, June 17th. TD Securities lowered Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 17th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Gibson Energy Company Profile

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.