Gibson Energy (OTCMKTS:GBNXF) Rating Lowered to “Strong Sell” at Zacks Research

Gibson Energy (OTCMKTS:GBNXF) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other analysts have also recently issued reports on GBNXF. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Gibson Energy in a research report on Tuesday, May 26th. TD Securities upgraded shares of Gibson Energy from a “hold” rating to a “buy” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Gibson Energy Stock Up 2.7%

OTCMKTS:GBNXF opened at $20.84 on Monday. Gibson Energy has a 52 week low of $15.91 and a 52 week high of $22.23. The stock’s fifty day moving average is $20.93 and its two-hundred day moving average is $20.43. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 32.56 and a beta of 0.62. The company has a quick ratio of 0.87, a current ratio of 1.17 and a debt-to-equity ratio of 2.73.

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