TD Securities Upgrades Gibson Energy (OTCMKTS:GBNXF) to Hold

TD Securities upgraded shares of Gibson Energy (OTCMKTS:GBNXF) to a hold rating in a research report report published on Tuesday,Zacks.com reports.

Several other research analysts have also weighed in on GBNXF. Wells Fargo & Company lowered shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. BMO Capital Markets raised shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Finally, Raymond James raised Gibson Energy to a “strong-buy” rating in a research note on Thursday, October 10th.

Gibson Energy Trading Down 1.6 %

OTCMKTS:GBNXF opened at $17.61 on Tuesday. Gibson Energy has a 12-month low of $13.13 and a 12-month high of $18.92. The firm has a market cap of $2.87 billion, a PE ratio of 18.67 and a beta of 0.91. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 2.86. The stock has a fifty day moving average price of $17.03 and a 200 day moving average price of $16.62.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.01. The business had revenue of $2.13 billion during the quarter. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%. Sell-side analysts anticipate that Gibson Energy will post 0.93 earnings per share for the current fiscal 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.