Gibson Energy (OTCMKTS:GBNXF) Upgraded by TD Securities to Hold Rating

Gibson Energy (OTCMKTS:GBNXF) was upgraded by equities researchers at TD Securities to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

A number of other research analysts have also recently commented on the stock. Wells Fargo & Company cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Raymond James upgraded shares of Gibson Energy to a “strong-buy” rating in a research note on Thursday, October 10th. Finally, 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.

Gibson Energy Stock Down 1.6 %

Shares of OTCMKTS GBNXF opened at $17.61 on Tuesday. The company has a market cap of $2.87 billion, a P/E ratio of 18.54 and a beta of 0.91. The firm has a 50-day simple moving average of $17.03 and a two-hundred day simple moving average of $16.62. Gibson Energy has a 1 year low of $13.13 and a 1 year high of $18.92. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.18 and a quick ratio of 0.89.

Gibson Energy (OTCMKTS:GBNXF) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The firm had revenue of $2.13 billion during the quarter. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%. Research analysts anticipate that Gibson Energy will post 0.95 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.