Gibson Energy (OTCMKTS:GBNXF) Announces Earnings Results

Gibson Energy (OTCMKTS:GBNXF) issued its quarterly earnings data on Tuesday. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.25), Zacks reports. Gibson Energy had a net margin of 1.72% and a return on equity of 22.55%.

Gibson Energy Stock Down 0.5 %

GBNXF stock traded down $0.08 during mid-day trading on Tuesday, hitting $16.61. 6,348 shares of the company were exchanged, compared to its average volume of 30,666. The firm has a fifty day simple moving average of $17.26 and a 200 day simple moving average of $16.75. The company has a market capitalization of $2.71 billion, a PE ratio of 17.48 and a beta of 0.91. Gibson Energy has a twelve month low of $13.13 and a twelve month high of $18.92. The company has a current ratio of 0.70, a quick ratio of 0.60 and a debt-to-equity ratio of 2.38.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. TD Securities raised shares of Gibson Energy to a “hold” rating in a report on Tuesday, January 14th. Wells Fargo & Company cut Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Finally, BMO Capital Markets upgraded Gibson Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, December 5th.

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.