Gibson Energy Inc. (OTCMKTS:GBNXF) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Gibson Energy has a “Moderate Buy” consensus rating from nine brokerages: four rate it a hold, four recommend buying, and one assigns a strong-buy rating.
• Recent analyst actions were generally supportive, with TD Securities maintaining a buy rating and RBC and CIBC reaffirming outperform ratings; Scotiabank maintained a sector-perform view.
• Gibson reported quarterly EPS of $0.34, exceeding the $0.21 consensus estimate, while revenue matched expectations at $2.35 billion. Shares opened at $21.79, within a 12-month range of $15.91 to $23.29.

Shares of Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) have received an average rating of "Moderate Buy" from the nine brokerages that are presently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company.

GBNXF has been the topic of several recent research reports. Scotiabank reaffirmed a "sector perform" rating on shares of Gibson Energy in a report on Tuesday, July 21st. Zacks Research upgraded Gibson Energy from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. TD Securities reissued a "buy" rating on shares of Gibson Energy in a report on Thursday, July 16th. Royal Bank Of Canada restated an "outperform" rating on shares of Gibson Energy in a research note on Wednesday, July 29th. Finally, Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Gibson Energy in a report on Wednesday, July 29th.

Gibson Energy Stock Performance

Shares of OTCMKTS GBNXF opened at $21.79 on Tuesday. The company has a 50 day simple moving average of $22.50 and a two-hundred day simple moving average of $21.55. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 30.69 and a beta of 0.62. The company has a current ratio of 1.07, a quick ratio of 0.89 and a debt-to-equity ratio of 2.86. Gibson Energy has a 12 month low of $15.91 and a 12 month high of $23.29.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings data on Monday, July 27th. The company reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.13. Gibson Energy had a net margin of 1.32% and a return on equity of 18.20%. The firm had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.35 billion. As a group, analysts predict that Gibson Energy will post 0.83 earnings per share for the current year.

About Gibson Energy

Gibson Energy Inc is a Canadian midstream energy infrastructure company headquartered in Calgary, Alberta. The company provides transportation, storage, blending and other services for crude oil and refined products, connecting producers and customers across key energy markets.

Gibson's operations include crude oil terminals, pipelines, storage facilities, trucking services and related infrastructure. Its assets support the movement of hydrocarbons from production areas to refineries, export facilities and other end markets.

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