Gibson Energy (OTCMKTS:GBNXF) Hits New 1-Year High - What's Next?

Key Points

• Gibson Energy Inc. shares reached a new 52-week high of $18.96 during trading, with a market capitalization of $3.10 billion.
• Analysts have mixed ratings for Gibson Energy, with one strong buy, two buy, and four hold ratings, resulting in an average rating of "Moderate Buy".
• For the latest quarter, Gibson Energy reported earnings per share of $0.27, outperforming expectations of $0.20, with revenue meeting analysts' expectations at $1.28 billion.

Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $18.96 and last traded at $18.96, with a volume of 1000 shares traded. The stock had previously closed at $18.88.

Wall Street Analyst Weigh In

Several research analysts have commented on GBNXF shares. Raymond James Financial reiterated a "strong-buy" rating on shares of Gibson Energy in a report on Tuesday, June 17th. National Bankshares reiterated a "sector perform" rating on shares of Gibson Energy in a report on Wednesday, July 30th. TD Securities lowered shares of Gibson Energy from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 17th. Finally, Scotiabank reissued an "outperform" rating on shares of Gibson Energy in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy".

Gibson Energy Price Performance

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 stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 27.03 and a beta of 0.86. The stock's 50 day simple moving average is $17.96 and its 200-day simple moving average is $16.56.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last posted its earnings results on Monday, July 28th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.07. The firm had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.28 billion. Gibson Energy had a net margin of 1.48% and a return on equity of 17.12%. On average, analysts expect that Gibson Energy Inc. 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.

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