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

Key Points

• Gibson Energy Inc. has received a consensus rating of "Moderate Buy" from seven research firms, with four hold ratings, two buy ratings, and one strong buy rating.
• The company's shares opened at $19.26, showing a 12-month range between $13.94 and $19.34, with a market capitalization of $3.16 billion.
• For the recent quarter, Gibson Energy reported earnings per share of $0.27, exceeding expectations, with revenues matching consensus estimates at $1.28 billion.

Shares of Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

GBNXF has been the topic of several analyst reports. TD Securities lowered shares of Gibson Energy from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 17th. Scotiabank reiterated an "outperform" rating on shares of Gibson Energy in a report on Wednesday, July 30th. National Bankshares restated a "sector perform" rating on shares of Gibson Energy in a report on Wednesday, July 30th. Finally, Raymond James Financial restated a "strong-buy" rating on shares of Gibson Energy in a report on Tuesday, June 17th.

Gibson Energy Trading Down 0.3%

GBNXF traded down $0.06 during mid-day trading on Friday, hitting $19.20. The stock had a trading volume of 142,758 shares, compared to its average volume of 28,338. The stock's fifty day simple moving average is $18.51 and its 200-day simple moving average is $16.98. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.71 and a quick ratio of 0.58. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of 27.43 and a beta of 0.84. Gibson Energy has a 1-year low of $13.94 and a 1-year high of $19.34.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last posted its earnings results on Monday, July 28th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.07. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. Gibson Energy had a net margin of 1.48% and a return on equity of 17.12%. As a group, research analysts forecast that Gibson Energy will post 1.09 EPS for the current fiscal 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.