Gibson Energy FY2028 EPS Reduced by Raymond James Financial

Gibson Energy Inc. (OTCMKTS:GBNXF) – Research analysts at Raymond James Financial dropped their FY2028 earnings estimates for shares of Gibson Energy in a research report issued on Tuesday, November 4th. Raymond James Financial analyst M. Barth now anticipates that the company will post earnings of $1.31 per share for the year, down from their prior estimate of $1.48. The consensus estimate for Gibson Energy’s current full-year earnings is $1.09 per share. Raymond James Financial also issued estimates for Gibson Energy’s FY2029 earnings at $1.43 EPS.

GBNXF has been the subject of several other research reports. National Bankshares reaffirmed a “sector perform” rating on shares of Gibson Energy in a research note on Wednesday, July 30th. Zacks Research lowered shares of Gibson Energy from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Gibson Energy in a research report on Wednesday. Finally, Scotiabank cut shares of Gibson Energy from an “outperform” rating to a “hold” rating in a report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Gibson Energy Trading Up 1.9%

GBNXF stock traded up $0.32 during midday trading on Friday, hitting $16.50. The stock had a trading volume of 102 shares, compared to its average volume of 39,708. The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 2.78. The firm has a market cap of $2.70 billion, a P/E ratio of 23.57 and a beta of 0.78. The business has a fifty day moving average price of $18.16 and a two-hundred day moving average price of $17.60. Gibson Energy has a 1-year low of $13.94 and a 1-year high of $19.61.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). Gibson Energy had a return on equity of 17.12% and a net margin of 1.48%.The firm had revenue of $2.07 billion for the quarter, compared to analyst estimates of $1.72 billion.

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.