Gibson Energy (OTCMKTS:GBNXF – Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.26 by $0.06, Zacks reports. Gibson Energy had a return on equity of 18.20% and a net margin of 1.32%.
Gibson Energy Stock Performance
GBNXF remained flat at $24.36 on Monday. 33,175 shares of the company were exchanged, compared to its average volume of 49,257. The firm’s fifty day simple moving average is $22.76 and its two-hundred day simple moving average is $21.49. The firm has a market cap of $4.20 billion, a PE ratio of 34.32 and a beta of 0.59. Gibson Energy has a twelve month low of $15.91 and a twelve month high of $24.36. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.89 and a current ratio of 1.07.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the company. Raymond James Financial restated an “outperform” rating on shares of Gibson Energy in a report on Wednesday, September 16th. Zacks Research upgraded Gibson Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Scotiabank reiterated a “sector perform” rating on shares of Gibson Energy in a research report on Tuesday, July 21st. Canadian Imperial Bank of Commerce set a $34.00 target price on Gibson Energy and gave the stock a “reduce” rating in a research report on Thursday, October 22nd. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Gibson Energy in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $34.00.
View Our Latest Analysis on GBNXF
About Gibson Energy
Gibson Energy Inc is a Canadian midstream infrastructure company that provides services for the movement, storage and handling of crude oil and other energy products. Its operations support producers, refiners, marketers and other customers by connecting oil supplies with transportation and refining markets.
The company’s assets include crude oil storage terminals, pipelines, gathering systems, trucking operations and related infrastructure. Gibson is particularly associated with the South Edmonton Terminal, a major crude oil storage and blending facility in Alberta, and also operates infrastructure serving other producing and consuming regions.
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