Gibson Energy (OTCMKTS:GBNXF) Hits New 52-Week High – Still a Buy?

Gibson Energy Inc. (OTCMKTS:GBNXF) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $21.97 and last traded at $21.96, with a volume of 1400 shares changing hands. The stock had previously closed at $21.69.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on GBNXF shares. National Bank Financial upgraded shares of Gibson Energy from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, December 2nd. Jefferies Financial Group restated a “buy” rating on shares of Gibson Energy in a research report on Wednesday, December 3rd. BMO Capital Markets reaffirmed a “market perform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Scotiabank reissued a “sector perform” rating on shares of Gibson Energy in a research report on Friday, January 16th. Finally, Zacks Research cut Gibson Energy from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Gibson Energy has an average rating of “Moderate Buy”.

Gibson Energy Stock Performance

The company has a debt-to-equity ratio of 3.08, a current ratio of 0.99 and a quick ratio of 0.79. The firm has a market cap of $3.78 billion, a P/E ratio of 25.54 and a beta of 0.71. The stock’s 50 day moving average is $19.67 and its two-hundred day moving average is $18.68.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings data on Tuesday, February 17th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.05). The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $2.06 billion. Gibson Energy had a net margin of 1.85% and a return on equity of 22.21%. As a group, equities analysts predict that Gibson Energy Inc. will post 1.09 EPS for the current year.

About Gibson Energy

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.