Gibson Energy (OTCMKTS:GBNXF) Upgraded at TD Securities

TD Securities upgraded shares of Gibson Energy (OTCMKTS:GBNXF) from a hold rating to a strong-buy rating in a research note released on Monday,Zacks.com reports.

Other equities research analysts have also issued reports about the company. BMO Capital Markets upgraded Gibson Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Wells Fargo & Company downgraded Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Finally, National Bank Financial downgraded Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Gibson Energy Trading Down 0.5 %

OTCMKTS:GBNXF opened at $14.93 on Monday. The company has a quick ratio of 0.60, a current ratio of 0.70 and a debt-to-equity ratio of 2.38. Gibson Energy has a 1-year low of $13.13 and a 1-year high of $18.92. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 21.64 and a beta of 0.91. The stock has a fifty day simple moving average of $17.00 and a 200 day simple moving average of $16.74.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings results on Tuesday, February 18th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.25). Gibson Energy had a net margin of 1.30% and a return on equity of 16.18%. The company had revenue of $1.69 billion during the quarter. Sell-side analysts forecast that Gibson Energy will post 1.09 earnings per share for the current year.

About Gibson Energy

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.