Gibson Energy (OTCMKTS:GBNXF – Get Free Report) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Monday,Zacks.com reports.
Several other equities research analysts have also issued reports on the stock. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Gibson Energy in a report on Tuesday, May 26th. TD Securities raised shares of Gibson Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on Gibson Energy
Gibson Energy Trading Up 2.7%
Gibson Energy (OTCMKTS:GBNXF – Get Free Report) last released its earnings results on Monday, May 4th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.21). The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2.09 billion. Gibson Energy had a net margin of 1.36% and a return on equity of 16.57%. As a group, research analysts expect that Gibson Energy will post 0.71 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.
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