Gibson Energy (OTCMKTS:GBNXF) Hits New 1-Year High - Here's Why

Key Points

• Gibson Energy (OTCMKTS:GBNXF) hit a new 52-week high of $22.19 on Monday, with its 50-day and 200-day moving averages at $21.18 and $19.34 respectively, signaling recent upward momentum.
• Analysts maintain a Moderate Buy consensus (1 Strong Buy, 3 Buy, 4 Hold) after recent notes including RBC's "outperform" and Zacks' upgrade to "hold."
• The company missed quarterly EPS expectations (reported $0.01 vs. $0.20 estimate) and carries high leverage (debt-to-equity 3.29) despite a 22.65% return on equity and a market cap around $3.8 billion.

Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $22.19 and last traded at $22.19, with a volume of 2366 shares traded. The stock had previously closed at $21.97.

Analyst Upgrades and Downgrades

A number of analysts recently commented on GBNXF shares. BMO Capital Markets reiterated a "market perform" rating on shares of Gibson Energy in a report on Wednesday, February 18th. Scotiabank restated a "sector perform" rating on shares of Gibson Energy in a report on Friday, January 16th. TD Securities restated a "hold" rating on shares of Gibson Energy in a report on Wednesday, February 18th. Zacks Research upgraded shares of Gibson Energy from a "strong sell" rating to a "hold" rating in a report on Monday, March 9th. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Gibson Energy in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Gibson Energy currently has a consensus rating of "Moderate Buy".

Gibson Energy Price Performance

The stock's fifty day moving average price is $21.18 and its 200-day moving average price is $19.34. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.05 and a quick ratio of 0.84. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of 25.85 and a beta of 0.65.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings results on Monday, May 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.21). Gibson Energy had a net margin of 1.85% and a return on equity of 22.65%. Equities research analysts predict that Gibson Energy Inc. will post 0.94 EPS for the current fiscal year.

Gibson Energy Company Profile

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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