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

Gibson Energy (OTCMKTS:GBNXF) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Wednesday,Zacks.com reports.

GBNXF has been the topic of a number of other research reports. Royal Bank Of Canada restated an “outperform” rating on shares of Gibson Energy in a research note on Wednesday. National Bankshares restated a “sector perform” rating on shares of Gibson Energy in a research note on Wednesday, July 30th. Finally, Scotiabank lowered Gibson Energy from an “outperform” rating to a “hold” rating in a research note on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Gibson Energy Price Performance

Shares of Gibson Energy stock opened at $16.19 on Wednesday. The stock has a market cap of $2.65 billion, a P/E ratio of 23.12 and a beta of 0.78. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.58 and a current ratio of 0.71. The stock’s fifty day moving average is $18.16 and its 200 day moving average is $17.60. Gibson Energy has a one year low of $13.94 and a one year high of $19.61.

Gibson Energy (OTCMKTS:GBNXF) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). Gibson Energy had a return on equity of 17.12% and a net margin of 1.48%.The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.72 billion. Sell-side analysts anticipate that Gibson Energy will post 1.09 earnings per share for the current year.

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.