Scotiabank Expects Stronger Earnings for Gibson Energy

Gibson Energy Inc. (OTCMKTS:GBNXF) – Scotiabank raised their FY2026 earnings per share estimates for shares of Gibson Energy in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst R. Hope now expects that the company will post earnings of $0.99 per share for the year, up from their previous forecast of $0.90. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Gibson Energy’s current full-year earnings is $0.86 per share.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings data on Monday, July 27th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.13. The company had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.35 billion. Gibson Energy had a return on equity of 18.20% and a net margin of 1.32%.

Several other analysts have also issued reports on the stock. Canadian Imperial Bank of Commerce set a $34.00 price target on shares of Gibson Energy and gave the stock a “reduce” rating in a research report on Thursday. Zacks Research raised shares of Gibson Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Gibson Energy in a research note on Wednesday, July 29th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Gibson Energy in a report on Tuesday, July 28th. Finally, TD Securities reiterated a “buy” rating on shares of Gibson Energy in a research note on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Gibson Energy presently has an average rating of “Hold” and a consensus price target of $34.00.

Gibson Energy Price Performance

OTCMKTS:GBNXF opened at $24.03 on Monday. The stock has a market capitalization of $4.15 billion, a PE ratio of 33.85 and a beta of 0.65. Gibson Energy has a 1-year low of $15.91 and a 1-year high of $24.03. The firm has a fifty day simple moving average of $22.67 and a 200 day simple moving average of $21.36. The company has a current ratio of 1.07, a quick ratio of 0.89 and a debt-to-equity ratio of 2.86.

About Gibson Energy

Gibson Energy Inc is a Canadian midstream infrastructure company that provides services for the movement, storage and handling of crude oil and other energy products. Its operations support producers, refiners, marketers and other customers by connecting oil supplies with transportation and refining markets.

The company’s assets include crude oil storage terminals, pipelines, gathering systems, trucking operations and related infrastructure. Gibson is particularly associated with the South Edmonton Terminal, a major crude oil storage and blending facility in Alberta, and also operates infrastructure serving other producing and consuming regions.