Gibson Energy Inc. (OTCMKTS:GBNXF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Gibson Energy Inc. (OTCMKTS:GBNXF) has been given a consensus rating of “Moderate Buy” by the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several analysts recently weighed in on GBNXF shares. TD Securities raised Gibson Energy from a “hold” rating to a “buy” rating in a report on Tuesday, May 26th. Royal Bank Of Canada reissued an “outperform” rating on shares of Gibson Energy in a report on Wednesday, February 18th. Raymond James Financial lowered Gibson Energy from a “strong-buy” rating to an “outperform” rating in a report on Wednesday, February 18th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Gibson Energy in a report on Tuesday, May 26th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Gibson Energy in a report on Wednesday, February 18th.

Gibson Energy Trading Up 0.7%

Shares of GBNXF opened at $21.12 on Wednesday. The stock’s 50-day moving average is $20.94 and its two-hundred day moving average is $19.91. The stock has a market cap of $3.64 billion, a PE ratio of 33.00 and a beta of 0.62. Gibson Energy has a 12 month low of $15.91 and a 12 month high of $22.23. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.05 and a quick ratio of 0.84.

Gibson Energy (OTCMKTS:GBNXF) last announced its earnings results on Monday, May 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.21). Gibson Energy had a return on equity of 17.27% and a net margin of 1.36%.The business had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $2.09 billion. Equities analysts forecast that Gibson Energy will post 0.71 earnings per share for the current fiscal year.

About Gibson Energy

Gibson Energy is a midstream energy services company headquartered in Calgary, Alberta, that provides crude oil, natural gas liquids (NGL) and refined products storage, terminalling, processing and transportation. With a network of terminals, pipelines, truck racks and processing facilities, the company serves producers, refiners, marketers and other midstream operators across Western Canada and parts of the U.S. Its comprehensive offerings include product handling, blending, distribution and marketing services tailored to meet fluctuating energy market demands.

Gibson Energy’s infrastructure portfolio includes crude oil and refined product terminals, an NGL fractionation facility and bulk storage sites strategically located near key supply basins such as the Alberta oil sands region and the U.S.