Gibson Energy (OTCMKTS:GBNXF) Shares Gap Up – What’s Next?

Gibson Energy Inc. (OTCMKTS:GBNXF)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $21.5825, but opened at $23.12. Gibson Energy shares last traded at $23.12, with a volume of 1,001 shares changing hands.

Analyst Ratings Changes

GBNXF has been the subject of several research analyst reports. BMO Capital Markets reiterated a “market perform” rating on shares of Gibson Energy in a report on Tuesday. Royal Bank Of Canada restated an “outperform” rating on shares of Gibson Energy in a report on Wednesday. Zacks Research downgraded shares of Gibson Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Jefferies Financial Group lowered shares of Gibson Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. Finally, TD Securities restated a “buy” rating on shares of Gibson Energy in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Gibson Energy Stock Down 0.4%

The company’s 50-day moving average price is $21.25 and its 200 day moving average price is $20.85. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.87 and a current ratio of 1.17. The stock has a market cap of $3.97 billion, a PE ratio of 32.39 and a beta of 0.62.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings data on Monday, July 27th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.13. The company had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.35 billion. Gibson Energy had a net margin of 1.32% and a return on equity of 18.87%. As a group, analysts forecast that Gibson Energy Inc. will post 0.74 EPS for the current fiscal year.

Gibson Energy Company Profile

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.