Gibson Energy (OTCMKTS:GBNXF) Reaches New 12-Month High – What’s Next?

Gibson Energy Inc. (OTCMKTS:GBNXF) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $20.04 and last traded at $20.04, with a volume of 440 shares. The stock had previously closed at $19.66.

Analyst Upgrades and Downgrades

GBNXF has been the subject of a number of analyst reports. BMO Capital Markets reaffirmed a “market perform” rating on shares of Gibson Energy in a research report on Wednesday, December 3rd. Scotiabank reissued a “sector perform” rating on shares of Gibson Energy in a research note on Friday, January 16th. Natl Bk Canada upgraded Gibson Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Gibson Energy in a report on Wednesday, December 3rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Gibson Energy in a research report on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Gibson Energy currently has an average rating of “Moderate Buy”.

Gibson Energy Stock Performance

The company has a quick ratio of 0.79, a current ratio of 0.99 and a debt-to-equity ratio of 3.08. The firm has a 50-day moving average of $18.58 and a 200 day moving average of $18.26. The stock has a market capitalization of $3.27 billion, a P/E ratio of 30.21 and a beta of 0.74.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings data on Monday, November 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). The business had revenue of $2.07 billion during the quarter, compared to analyst estimates of $1.72 billion. Gibson Energy had a net margin of 1.40% and a return on equity of 16.47%. Research analysts anticipate that Gibson Energy Inc. will post 1.09 EPS for the current fiscal 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.