Gibson Energy (OTCMKTS:GBNXF) Shares Gap Up - Still a Buy?

Key Points

• Gibson Energy gapped up pre-market from $21.00 to $21.75 and last traded at $21.676 with only 209 shares changing hands, signaling a pre-market move on very light volume.
• Analysts give the stock an average rating of "Moderate Buy" (one Strong Buy, three Buy, four Hold) after several recent rating actions from firms including RBC, BMO, Scotiabank, Zacks and Raymond James.
• The company missed quarterly estimates (EPS $0.18 vs. $0.23 expected; revenue $1.74B vs. $2.06B expected), and shows a high debt-to-equity ratio (3.29) despite a P/E of 25.2 and technicals with the 50‑day SMA above the 200‑day SMA.

Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $21.00, but opened at $21.75. Gibson Energy shares last traded at $21.6760, with a volume of 209 shares trading hands.

Analysts Set New Price Targets

GBNXF has been the topic of several recent research reports. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Gibson Energy in a research report on Wednesday, February 18th. BMO Capital Markets reaffirmed a "market perform" rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Scotiabank reissued a "sector perform" rating on shares of Gibson Energy in a research report on Friday, January 16th. Zacks Research raised shares of Gibson Energy from a "strong sell" rating to a "hold" rating in a research report on Monday, March 9th. Finally, Raymond James Financial cut shares of Gibson Energy from a "strong-buy" rating to an "outperform" rating 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 assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy".

Gibson Energy Price Performance

The company has a market capitalization of $3.73 billion, a price-to-earnings ratio of 25.20 and a beta of 0.70. The stock has a fifty day simple moving average of $21.11 and a 200-day simple moving average of $19.13. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.05 and a quick ratio of 0.84.

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