Raymond James Forecasts Increased Earnings for Gibson Energy

Gibson Energy Inc. (OTCMKTS:GBNXF) – Research analysts at Raymond James boosted their FY2025 earnings per share estimates for shares of Gibson Energy in a research note issued to investors on Tuesday, May 6th. Raymond James analyst M. Barth now anticipates that the company will earn $1.00 per share for the year, up from their previous estimate of $0.97. The consensus estimate for Gibson Energy’s current full-year earnings is $1.09 per share. Raymond James also issued estimates for Gibson Energy’s FY2027 earnings at $1.39 EPS and FY2029 earnings at $1.48 EPS.

Several other research analysts have also recently commented on the company. National Bank Financial cut Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 19th. TD Securities upgraded Gibson Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 24th. Two analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Gibson Energy Stock Down 1.1 %

GBNXF stock opened at $15.85 on Thursday. 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 company has a 50-day moving average of $15.38 and a two-hundred day moving average of $16.33. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of 22.97 and a beta of 0.86. Gibson Energy has a 52-week low of $13.13 and a 52-week high of $18.92.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings results on Monday, May 5th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. Gibson Energy had a net margin of 1.30% and a return on equity of 16.18%. The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.99 billion.

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.