Gibson Energy Inc. (OTCMKTS:GBNXF) Sees Significant Drop in Short Interest

Gibson Energy Inc. (OTCMKTS:GBNXF) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 3,011,400 shares, a decline of 15.7% from the March 31st total of 3,573,700 shares. Based on an average daily volume of 29,000 shares, the short-interest ratio is currently 103.8 days.

Gibson Energy Price Performance

Shares of OTCMKTS:GBNXF traded down $0.05 on Tuesday, reaching $16.47. 2,075 shares of the company were exchanged, compared to its average volume of 30,245. The company has a current ratio of 1.12, a quick ratio of 0.86 and a debt-to-equity ratio of 2.97. Gibson Energy has a 1-year low of $13.45 and a 1-year high of $17.18. The company has a 50-day moving average of $16.67 and a 200-day moving average of $15.79. The firm has a market cap of $2.68 billion, a price-to-earnings ratio of 15.88 and a beta of 0.95.

Gibson Energy (OTCMKTS:GBNXF) last issued its earnings results on Tuesday, February 20th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). Gibson Energy had a net margin of 1.94% and a return on equity of 30.53%. The company had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Equities analysts forecast that Gibson Energy will post 1.13 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.