Gibson Energy Inc. (OTCMKTS:GBNXF) Sees Significant Increase in Short Interest

Gibson Energy Inc. (OTCMKTS:GBNXF) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,573,700 shares, a growth of 26.7% from the March 15th total of 2,821,000 shares. Based on an average daily trading volume, of 28,400 shares, the short-interest ratio is presently 125.8 days.

Gibson Energy Price Performance

Shares of OTCMKTS:GBNXF traded down $0.12 during trading on Monday, reaching $16.68. The company had a trading volume of 22,700 shares, compared to its average volume of 28,008. The company has a current ratio of 1.12, a quick ratio of 0.86 and a debt-to-equity ratio of 2.97. Gibson Energy has a 12 month low of $13.45 and a 12 month high of $17.18. The company has a fifty day moving average of $16.43 and a two-hundred day moving average of $15.61. The stock has a market capitalization of $2.70 billion, a P/E ratio of 16.04 and a beta of 0.95.

Gibson Energy (OTCMKTS:GBNXF) last released its earnings results on Tuesday, February 20th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.05). Gibson Energy had a net margin of 1.94% and a return on equity of 30.53%. The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $2.40 billion. Equities research analysts forecast that Gibson Energy will post 1.16 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.