Gibson Energy (OTCMKTS:GBNXF) Reaches New 52-Week High - Here's Why

Key Points

• Gibson Energy hit a new 52-week high of $22.10 on the latest session, trading up roughly 2.1%.
• The company missed last quarter's estimates—EPS $0.18 vs. $0.23 expected and revenue $1.74B vs. $2.06B—and shows high leverage (debt-to-equity 3.29) with a thin net margin (1.85%).
• Analysts maintain a consensus of "Moderate Buy" (1 Strong Buy, 3 Buy, 4 Hold) after mixed recent calls, including upgrades from National Bank and a downgrade from Raymond James.

Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report)'s share price reached a new 52-week high on Friday . The stock traded as high as $22.10 and last traded at $22.10, with a volume of 819 shares changing hands. The stock had previously closed at $21.47.

Wall Street Analyst Weigh In

GBNXF has been the topic of a number of research analyst reports. Raymond James Financial downgraded Gibson Energy from a "strong-buy" rating to an "outperform" rating in a report on Wednesday, February 18th. National Bank Financial upgraded Gibson Energy from a "sector perform" rating to an "outperform" rating in a research report on Tuesday, December 2nd. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Gibson Energy in a research note on Wednesday, February 18th. Jefferies Financial Group reiterated a "buy" rating on shares of Gibson Energy in a report on Wednesday, December 3rd. Finally, BMO Capital Markets restated a "market perform" rating on shares of Gibson Energy in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Gibson Energy presently has a consensus rating of "Moderate Buy".

Gibson Energy Trading Up 2.1%

The stock has a 50-day moving average of $20.34 and a two-hundred day moving average of $18.89. The company has a market cap of $3.77 billion, a P/E ratio of 25.48 and a beta of 0.71. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.79 and a current ratio of 1.05.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its earnings results on Tuesday, February 17th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). Gibson Energy had a return on equity of 22.65% and a net margin of 1.85%.The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $2.06 billion. On average, equities research analysts predict that Gibson Energy Inc. will post 1.09 earnings per share for the current year.

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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