Gibson Energy (OTCMKTS:GBNXF) Announces Quarterly Earnings Results

Gibson Energy (OTCMKTS:GBNXF) issued its quarterly earnings data on Tuesday. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.25), Zacks reports. Gibson Energy had a return on equity of 22.55% and a net margin of 1.72%.

Gibson Energy Price Performance

GBNXF stock traded down $0.08 during mid-day trading on Tuesday, hitting $16.61. The stock had a trading volume of 6,348 shares, compared to its average volume of 30,666. The company has a current ratio of 0.70, a quick ratio of 0.60 and a debt-to-equity ratio of 2.38. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $18.92. The firm has a market capitalization of $2.71 billion, a P/E ratio of 17.48 and a beta of 0.91. The firm has a fifty day simple moving average of $17.26 and a 200 day simple moving average of $16.75.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. TD Securities upgraded shares of Gibson Energy to a “hold” rating in a research note on Tuesday, January 14th. Wells Fargo & Company lowered shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, BMO Capital Markets raised shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, December 5th.

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.