Gibson Energy (OTCMKTS:GBNXF) Shares Gap Down Following Weak Earnings

Key Points

• Shares gapped down (about 4.9%), opening at $21.00 after Gibson reported a quarterly EPS of ($0.01) versus $0.20 expected and revenue of $1.98B versus $2.09B expected.
• Analyst sentiment is mixed but the consensus remains a "Moderate Buy", with recent actions including RBC's "outperform", Raymond James cutting to "outperform", and Zacks moving to "hold".
• Key financials show elevated leverage and thin profitability: debt-to-equity 3.29, net margin 1.85%, market cap ~$3.65B and a P/E around 24.6.

Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) shares gapped down prior to trading on Tuesday following a dissappointing earnings announcement. The stock had previously closed at $22.23, but opened at $21.00. Gibson Energy shares last traded at $21.1450, with a volume of 4,116 shares.

The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.21). Gibson Energy had a return on equity of 22.65% and a net margin of 1.85%.The firm had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $2.09 billion.

Analysts Set New Price Targets

Several analysts recently commented on the company. Scotiabank reiterated a "sector perform" rating on shares of Gibson Energy in a research report on Friday, January 16th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Raymond James Financial cut Gibson Energy from a "strong-buy" rating to an "outperform" rating in a research report on Wednesday, February 18th. Zacks Research upgraded Gibson Energy from a "strong sell" rating to a "hold" rating in a research report on Monday, March 9th. Finally, BMO Capital Markets reiterated a "market perform" rating on shares of Gibson Energy in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

Gibson Energy Trading Down 4.9%

The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 3.29. The company has a fifty day simple moving average of $21.18 and a 200-day simple moving average of $19.34. The company has a market capitalization of $3.65 billion, a PE ratio of 24.59 and a beta of 0.65.

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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