Gibson Energy Inc. (OTCMKTS:GBNXF) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Gibson Energy Inc. (OTCMKTS:GBNXF) have received an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company.

Several research analysts have recently weighed in on the company. Raymond James Financial downgraded Gibson Energy from a “strong-buy” rating to an “outperform” rating in a research note on Wednesday, February 18th. BMO Capital Markets reissued a “market perform” rating on shares of Gibson Energy in a report on Wednesday, February 18th. TD Securities raised Gibson Energy from a “hold” rating to a “buy” rating in a report on Tuesday. Zacks Research upgraded Gibson Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Gibson Energy in a research report on Tuesday.

Gibson Energy Stock Up 1.5%

Shares of OTCMKTS:GBNXF opened at $21.43 on Wednesday. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.05 and a quick ratio of 0.84. The company has a market capitalization of $3.70 billion, a PE ratio of 33.48 and a beta of 0.65. Gibson Energy has a 1 year low of $15.91 and a 1 year high of $22.23. The business has a fifty day moving average price of $21.00 and a two-hundred day moving average price of $19.79.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings results on Monday, May 4th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.21). The firm had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2.09 billion. Gibson Energy had a return on equity of 17.27% and a net margin of 1.36%. Analysts forecast that Gibson Energy will post 0.71 earnings per share 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.