Gibson Energy Inc. (OTCMKTS:GBNXF) Short Interest Down 24.3% in February

Gibson Energy Inc. (OTCMKTS:GBNXF) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 3,296,000 shares, a decrease of 24.3% from the February 13th total of 4,352,500 shares. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,200 shares, the short-interest ratio is presently 105.6 days.

Analyst Ratings Changes

GBNXF has been the subject of a number of analyst reports. National Bank Financial lowered Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Wells Fargo & Company downgraded shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. BMO Capital Markets raised shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, December 5th. Finally, TD Securities raised shares of Gibson Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, February 24th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Gibson Energy Stock Up 0.1 %

Shares of OTCMKTS GBNXF opened at $15.01 on Monday. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.70 and a quick ratio of 0.60. The company has a market cap of $2.45 billion, a P/E ratio of 21.75 and a beta of 0.93. Gibson Energy has a 1 year low of $13.13 and a 1 year high of $18.92. The firm has a 50-day simple moving average of $16.46 and a two-hundred day simple moving average of $16.65.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings data 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). The firm had revenue of $1.69 billion during the quarter. Gibson Energy had a return on equity of 16.18% and a net margin of 1.30%. Research analysts anticipate that Gibson Energy will post 1.09 earnings per share for the current 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.