Gibson Energy (OTCMKTS:GBNXF) Issues Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Gibson Energy (OTCMKTS:GBNXF) issued its quarterly earnings data on Monday. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.03), Zacks reports. Gibson Energy had a return on equity of 17.12% and a net margin of 1.48%.

Gibson Energy Stock Down 0.8%

Shares of GBNXF traded down $0.14 during midday trading on Monday, hitting $16.92. The stock had a trading volume of 142 shares, compared to its average volume of 40,590. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 24.17 and a beta of 0.81. The company has a 50 day simple moving average of $18.35 and a two-hundred day simple moving average of $17.61. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.71 and a quick ratio of 0.58. Gibson Energy has a twelve month low of $13.94 and a twelve month high of $19.61.

Analysts Set New Price Targets

Several brokerages recently commented on GBNXF. National Bankshares reaffirmed a “sector perform” rating on shares of Gibson Energy in a research note on Wednesday, July 30th. Scotiabank downgraded Gibson Energy from an “outperform” rating to a “hold” rating in a research note on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Gibson Energy currently has a consensus rating of “Hold”.

Gibson Energy Company Profile

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.