Atb Cap Markets Predicts Lower Earnings for Gibson Energy

Key Points

• Atb Cap Markets has revised its FY2027 earnings per share estimate for Gibson Energy down to $1.30, slightly below the prior estimate of $1.31, while the current consensus is $1.09.
• Despite the earnings downgrade, Gibson Energy has received mixed ratings from analysts, including a "strong-buy" from Raymond James Financial and a "hold" rating from TD Securities.
• The company's recent quarterly earnings report showed a profit of $0.27 per share, exceeding expectations, with revenues matching analysts' estimates at $1.28 billion.

Gibson Energy Inc. (OTCMKTS:GBNXF - Free Report) - Equities researchers at Atb Cap Markets decreased their FY2027 earnings per share estimates for shares of Gibson Energy in a research note issued to investors on Tuesday, July 29th. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings per share of $1.30 for the year, down from their prior estimate of $1.31. The consensus estimate for Gibson Energy's current full-year earnings is $1.09 per share.

Several other brokerages have also issued reports on GBNXF. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Gibson Energy in a research report on Tuesday, June 17th. TD Securities lowered Gibson Energy from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 17th. Scotiabank reaffirmed an "outperform" rating on shares of Gibson Energy in a research report on Wednesday. Finally, National Bankshares reaffirmed a "sector perform" rating on shares of Gibson Energy in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy".

Gibson Energy Trading Up 0.7%

OTCMKTS GBNXF opened at $18.05 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.71 and a debt-to-equity ratio of 2.78. Gibson Energy has a twelve month low of $13.13 and a twelve month high of $18.92. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 25.79 and a beta of 0.86. The business's fifty day moving average is $17.48 and its 200 day moving average is $16.46.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.07. Gibson Energy had a return on equity of 17.12% and a net margin of 1.48%. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.28 billion.

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.

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