Gibson Energy Inc. (OTCMKTS:GBNXF) Short Interest Up 35.4% in January

Gibson Energy Inc. (OTCMKTS:GBNXF) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 4,662,300 shares, a growth of 35.4% from the December 31st total of 3,442,600 shares. Based on an average daily volume of 24,600 shares, the short-interest ratio is currently 189.5 days.

Gibson Energy Price Performance

GBNXF opened at $16.98 on Friday. The firm has a 50-day moving average price of $17.33 and a 200-day moving average price of $16.70. Gibson Energy has a twelve month low of $13.13 and a twelve month high of $18.92. The company has a quick ratio of 0.60, a current ratio of 0.70 and a debt-to-equity ratio of 2.38. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 18.13 and a beta of 0.91.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.23 by $0.01. Gibson Energy had a net margin of 1.72% and a return on equity of 22.55%. The company had revenue of $2.13 billion during the quarter. Equities analysts expect that Gibson Energy will post 0.92 EPS for the current year.

Wall Street Analysts Forecast Growth

GBNXF has been the subject of several recent research reports. Wells Fargo & Company downgraded Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 5th. TD Securities raised shares of Gibson Energy to a “hold” rating in a research report on Tuesday, January 14th. Finally, Raymond James raised shares of Gibson Energy to a “strong-buy” rating in a research report on Thursday, October 10th.

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.