Gibson Energy (OTCMKTS:GBNXF) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.03, Zacks reports. Gibson Energy had a return on equity of 16.18% and a net margin of 1.30%.

Gibson Energy Price Performance

Shares of GBNXF stock traded down $0.15 during trading hours on Monday, reaching $15.57. The stock had a trading volume of 1,042 shares, compared to its average volume of 40,429. The stock's fifty day simple moving average is $15.27 and its 200 day simple moving average is $16.36. The firm has a market capitalization of $2.55 billion, a PE ratio of 22.57 and a beta of 0.86. Gibson Energy has a 12 month low of $13.13 and a 12 month high of $18.92. The company has a current ratio of 0.70, a quick ratio of 0.60 and a debt-to-equity ratio of 2.38.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. National Bank Financial lowered shares of Gibson Energy from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 19th. TD Securities upgraded shares of Gibson Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 24th. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy".

Gibson Energy Company Profile

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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