Gibson Energy (OTCMKTS:GBNXF) Stock Rating Upgraded by Zacks Research

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

Other research analysts have also recently issued reports about the stock. TD Securities reiterated a “hold” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Scotiabank reiterated a “sector perform” rating on shares of Gibson Energy in a research note on Friday, January 16th. Raymond James Financial cut shares of Gibson Energy from a “strong-buy” rating to an “outperform” rating in a report on Wednesday, February 18th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Gibson Energy in a report on Wednesday, December 3rd. Finally, National Bank Financial raised shares of Gibson Energy from a “sector perform” rating to an “outperform” rating in a report on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Gibson Energy Price Performance

Shares of OTCMKTS:GBNXF opened at $21.41 on Monday. The company’s fifty day moving average price is $19.84 and its 200-day moving average price is $18.74. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 24.90 and a beta of 0.71. Gibson Energy has a one year low of $13.94 and a one year high of $22.05. The company has a debt-to-equity ratio of 3.08, a current ratio of 0.99 and a quick ratio of 0.79.

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