Gibson Energy (OTCMKTS:GBNXF) Issues Quarterly Earnings Results

Gibson Energy (OTCMKTS:GBNXF) posted its earnings results on Tuesday. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.25), Zacks reports. Gibson Energy had a return on equity of 22.55% and a net margin of 1.72%.

Gibson Energy Trading Down 0.5 %

Shares of Gibson Energy stock traded down $0.08 during trading hours on Tuesday, reaching $16.61. The stock had a trading volume of 6,348 shares, compared to its average volume of 30,666. The firm has a market capitalization of $2.71 billion, a price-to-earnings ratio of 17.48 and a beta of 0.91. Gibson Energy has a 1 year low of $13.13 and a 1 year high of $18.92. The company has a current ratio of 0.70, a quick ratio of 0.60 and a debt-to-equity ratio of 2.38. The firm has a 50 day simple moving average of $17.26 and a two-hundred day simple moving average of $16.75.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company lowered shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. TD Securities raised Gibson Energy to a “hold” rating in a research note on Tuesday, January 14th. Finally, BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 5th.

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.