Gibson Energy (OTCMKTS:GBNXF) Shares Gap Up – Still a Buy?

Gibson Energy Inc. (OTCMKTS:GBNXF)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $21.00, but opened at $21.75. Gibson Energy shares last traded at $21.6760, with a volume of 209 shares changing hands.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Raymond James Financial cut Gibson Energy from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, February 18th. BMO Capital Markets restated a “market perform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. TD Securities restated a “hold” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Zacks Research upgraded Gibson Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Gibson Energy presently has a consensus rating of “Moderate Buy”.

Gibson Energy Trading Up 3.2%

The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 3.29. The company has a fifty day simple moving average of $21.11 and a 200-day simple moving average of $19.13. The company has a market capitalization of $3.73 billion, a PE ratio of 25.20 and a beta of 0.70.

Gibson Energy (OTCMKTS:GBNXF) last issued its earnings results on Tuesday, February 17th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The company had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $2.06 billion. Gibson Energy had a net margin of 1.85% and a return on equity of 22.65%. Analysts predict that Gibson Energy Inc. will post 1.09 EPS for the current year.

About Gibson Energy

Gibson Energy is a midstream energy services company headquartered in Calgary, Alberta, that provides crude oil, natural gas liquids (NGL) and refined products storage, terminalling, processing and transportation. With a network of terminals, pipelines, truck racks and processing facilities, the company serves producers, refiners, marketers and other midstream operators across Western Canada and parts of the U.S. Its comprehensive offerings include product handling, blending, distribution and marketing services tailored to meet fluctuating energy market demands.

Gibson Energy’s infrastructure portfolio includes crude oil and refined product terminals, an NGL fractionation facility and bulk storage sites strategically located near key supply basins such as the Alberta oil sands region and the U.S.