Gibson Energy (OTCMKTS:GBNXF) Announces Quarterly Earnings Results, Misses Estimates By $0.25 EPS

Gibson Energy (OTCMKTS:GBNXF) released its quarterly earnings data on Tuesday. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates 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 Stock Down 0.5 %

OTCMKTS GBNXF opened at $16.61 on Wednesday. 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 1-year low of $13.13 and a 1-year high of $18.92. The company has a 50 day moving average of $17.26 and a 200-day moving average of $16.75. The company has a market cap of $2.71 billion, a price-to-earnings ratio of 17.57 and a beta of 0.91.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on GBNXF shares. BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, December 5th. 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, TD Securities upgraded shares of Gibson Energy to a “hold” rating in a report on Tuesday, January 14th.

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.