Gibson Energy (GBNXF) to Release Earnings on Monday

Gibson Energy (OTCMKTS:GBNXF) is expected to release its results after the market closes on Monday, November 3rd. Analysts expect Gibson Energy to post earnings of $0.23 per share for the quarter.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings results on Monday, July 28th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.07. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Gibson Energy had a return on equity of 17.12% and a net margin of 1.48%. On average, analysts expect Gibson Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gibson Energy Stock Performance

OTCMKTS GBNXF opened at $17.26 on Monday. The stock has a market cap of $2.83 billion, a PE ratio of 24.66 and a beta of 0.81. The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 2.78. Gibson Energy has a twelve month low of $13.94 and a twelve month high of $19.61. The stock has a fifty day simple moving average of $18.50 and a 200-day simple moving average of $17.52.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GBNXF. National Bankshares reiterated a “sector perform” rating on shares of Gibson Energy in a report on Wednesday, July 30th. Scotiabank cut Gibson Energy from an “outperform” rating to a “hold” rating in a report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

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.