Gibson Energy (GBNXF) Projected to Release Earnings on Monday

Key Points

• Gibson Energy is scheduled to report earnings on Monday, July 27, with analysts expecting $0.20 per share and $2.3478 billion in revenue for the quarter.
• The company’s last earnings report missed expectations, posting a loss of $0.01 per share versus the expected $0.20, while revenue came in at $1.98 billion, below estimates.
• Analyst sentiment is mixed but still leans positive, with a Moderate Buy consensus overall despite a recent downgrade from Zacks Research to Strong Sell.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) is projected to release its resultson Monday, July 27th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $2.3478 billion for the quarter.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last issued its earnings results on Monday, May 4th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.21). Gibson Energy had a return on equity of 16.57% and a net margin of 1.36%.The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $2.09 billion. On average, analysts expect Gibson Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gibson Energy Stock Performance

Shares of GBNXF stock opened at $21.97 on Monday. Gibson Energy has a 52-week low of $15.91 and a 52-week high of $22.23. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.87 and a current ratio of 1.17. The firm has a market capitalization of $3.79 billion, a PE ratio of 34.33 and a beta of 0.62. The stock has a fifty day simple moving average of $21.04 and a two-hundred day simple moving average of $20.59.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GBNXF. Zacks Research lowered Gibson Energy from a "hold" rating to a "strong sell" rating in a research note on Monday, July 6th. TD Securities reiterated a "buy" rating on shares of Gibson Energy in a research report on Thursday. Finally, Canadian Imperial Bank of Commerce reissued an "outperform" rating on shares of Gibson Energy in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Gibson Energy presently has a consensus rating of "Moderate Buy".

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.

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