Gibson Energy (OTCMKTS:GBNXF) Shares Gap Down – Should You Sell?

Gibson Energy Inc. (OTCMKTS:GBNXF) shares gapped down before the market opened on Thursday . The stock had previously closed at $21.29, but opened at $20.0501. Gibson Energy shares last traded at $20.00, with a volume of 2,754 shares changing hands.

Analyst Ratings Changes

GBNXF has been the topic of several research reports. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Gibson Energy in a report on Tuesday, May 26th. Raymond James Financial lowered Gibson Energy from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, February 18th. TD Securities upgraded Gibson Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, May 26th. BMO Capital Markets reiterated a “market perform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Gibson Energy Stock Down 2.7%

The business has a fifty day simple moving average of $20.85 and a two-hundred day simple moving average of $20.23. The company has a current ratio of 1.17, a quick ratio of 0.87 and a debt-to-equity ratio of 2.73. The company has a market cap of $3.52 billion, a PE ratio of 31.87 and a beta of 0.62.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings data on Monday, May 4th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.21). The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $2.09 billion. Gibson Energy had a net margin of 1.36% and a return on equity of 16.57%. As a group, equities research analysts predict that Gibson Energy Inc. will post 0.71 earnings per share 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.