Gibson Energy Inc. (OTCMKTS:GBNXF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Gibson Energy Inc. (OTCMKTS:GBNXF) have been assigned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages recently commented on GBNXF. BMO Capital Markets reaffirmed a “market perform” rating on shares of Gibson Energy in a research report on Tuesday, July 28th. Scotiabank restated a “sector perform” rating on shares of Gibson Energy in a research note on Tuesday, July 21st. Zacks Research raised shares of Gibson Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Gibson Energy in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group lowered shares of Gibson Energy from a “buy” rating to a “hold” rating in a report on Wednesday, July 22nd.

Gibson Energy Stock Performance

Shares of OTCMKTS:GBNXF opened at $23.10 on Monday. The business’s 50-day moving average is $21.56 and its 200 day moving average is $21.16. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.17 and a quick ratio of 0.87. Gibson Energy has a 1 year low of $15.91 and a 1 year high of $23.25. The firm has a market capitalization of $3.98 billion, a P/E ratio of 32.54 and a beta of 0.62.

Gibson Energy (OTCMKTS:GBNXF) last issued its quarterly earnings results on Monday, July 27th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.13. Gibson Energy had a return on equity of 18.87% and a net margin of 1.32%.The business had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.35 billion. On average, research analysts predict that Gibson Energy will post 0.82 earnings per share for the current fiscal year.

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.