Gibson Energy (OTCMKTS:GBNXF) Stock Rating Lowered by TD Securities

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) was downgraded by stock analysts at TD Securities from a "strong-buy" rating to a "hold" rating in a report issued on Tuesday,Zacks.com reports.

Separately, National Bank Financial lowered Gibson Energy from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Gibson Energy Stock Down 1.0%

OTCMKTS GBNXF opened at $17.80 on Tuesday. The company has a quick ratio of 0.52, a current ratio of 0.65 and a debt-to-equity ratio of 2.41. The company has a fifty day moving average of $16.24 and a two-hundred day moving average of $16.36. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 25.07 and a beta of 0.85. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $18.92.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.03. Gibson Energy had a net margin of 1.44% and a return on equity of 16.96%. The firm had revenue of $1.91 billion during the quarter, compared to analysts' expectations of $1.99 billion. On average, analysts predict that Gibson Energy will post 1.09 earnings per share for the current 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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