Gibson Energy (OTCMKTS:GBNXF) Lowered to Hold Rating by National Bank Financial

National Bank Financial lowered shares of Gibson Energy (OTCMKTS:GBNXF) from a strong-buy rating to a hold rating in a report issued on Wednesday,Zacks.com reports.

Several other equities research analysts have also recently issued reports on GBNXF. TD Securities raised shares of Gibson Energy to a “hold” rating in a research note on Tuesday, January 14th. BMO Capital Markets raised shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 5th. Finally, Wells Fargo & Company cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Gibson Energy Price Performance

Gibson Energy stock opened at $14.90 on Wednesday. The company’s fifty day moving average price is $17.16 and its 200 day moving average price is $16.73. Gibson Energy has a 1 year low of $13.13 and a 1 year high of $18.92. The stock has a market capitalization of $2.43 billion, a P/E ratio of 21.60 and a beta of 0.91. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.60 and a current ratio of 0.70.

Gibson Energy (OTCMKTS:GBNXF) last announced its earnings results on Tuesday, February 18th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.25). Gibson Energy had a return on equity of 16.18% and a net margin of 1.30%. The business had revenue of $1.69 billion for the quarter. As a group, equities research analysts anticipate that Gibson Energy will post 1.11 earnings per share for the current fiscal year.

About Gibson Energy

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.