Gibson Energy (GBNXF) to Release Earnings on Monday

Gibson Energy (OTCMKTS:GBNXF) will likely be posting its results after the market closes on Monday, November 3rd. Analysts expect Gibson Energy to post earnings of $0.23 per share for the quarter.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings data on Monday, July 28th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.20 by $0.07. Gibson Energy had a return on equity of 17.12% and a net margin of 1.48%.The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. On average, analysts expect Gibson Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gibson Energy Price Performance

OTCMKTS GBNXF opened at $17.26 on Monday. The business has a fifty day moving average price of $18.50 and a 200 day moving average price of $17.52. Gibson Energy has a one year low of $13.94 and a one year high of $19.61. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.58 and a current ratio of 0.71. The company has a market cap of $2.83 billion, a P/E ratio of 24.66 and a beta of 0.81.

Analyst Upgrades and Downgrades

Several research analysts recently commented on GBNXF shares. Scotiabank downgraded Gibson Energy from an “outperform” rating to a “hold” rating in a research note on Monday, October 20th. National Bankshares reissued a “sector perform” rating on shares of Gibson Energy in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold”.

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.