Gibson Energy Inc. (OTCMKTS:GBNXF) Expected to Post Q1 2024 Earnings of $0.29 Per Share

Gibson Energy Inc. (OTCMKTS:GBNXF - Free Report) - Equities researchers at Atb Cap Markets reduced their Q1 2024 earnings estimates for Gibson Energy in a research report issued on Tuesday, April 23rd. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings per share of $0.29 for the quarter, down from their prior estimate of $0.30. The consensus estimate for Gibson Energy's current full-year earnings is $1.14 per share.

Gibson Energy Trading Down 0.1 %

OTCMKTS:GBNXF traded down $0.02 during mid-day trading on Friday, hitting $16.56. 72,983 shares of the stock traded hands, compared to its average volume of 29,575. The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 15.90 and a beta of 0.95. The company has a quick ratio of 0.86, a current ratio of 1.12 and a debt-to-equity ratio of 2.97. Gibson Energy has a 52 week low of $13.45 and a 52 week high of $17.18. The firm's 50 day moving average is $16.62 and its two-hundred day moving average is $15.74.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its earnings results on Tuesday, February 20th. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by ($0.05). The firm had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $2.40 billion. Gibson Energy had a net margin of 1.94% and a return on equity of 30.53%.


Gibson Energy Company Profile

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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.

Further Reading

Earnings History and Estimates for Gibson Energy (OTCMKTS:GBNXF)

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