Gibson Energy (OTCMKTS:GBNXF) Upgraded by TD Securities to “Strong-Buy” Rating

TD Securities upgraded shares of Gibson Energy (OTCMKTS:GBNXF) from a hold rating to a strong-buy rating in a research note published on Monday morning,Zacks.com reports.

Several other research firms have also commented on GBNXF. Wells Fargo & Company lowered Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. National Bank Financial lowered Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Finally, BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Two analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Gibson Energy presently has an average rating of “Buy”.

Gibson Energy Trading Down 0.5 %

OTCMKTS GBNXF opened at $14.93 on Monday. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.70 and a quick ratio of 0.60. The stock has a market capitalization of $2.43 billion, a P/E ratio of 21.64 and a beta of 0.91. The firm’s 50-day moving average is $17.00 and its two-hundred day moving average is $16.74. Gibson Energy has a 12 month low of $13.13 and a 12 month high of $18.92.

Gibson Energy (OTCMKTS:GBNXF) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.23 by ($0.25). The company had revenue of $1.69 billion during the quarter. Gibson Energy had a return on equity of 16.18% and a net margin of 1.30%. On average, sell-side analysts anticipate that Gibson Energy will post 1.09 earnings per share for the current year.

About Gibson Energy

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.