Gibson Energy Inc. (OTCMKTS:GBNXF) Short Interest Update

Gibson Energy Inc. (OTCMKTS:GBNXF) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 4,662,300 shares, a growth of 35.4% from the December 15th total of 3,442,600 shares. Based on an average trading volume of 24,600 shares, the days-to-cover ratio is presently 189.5 days.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Raymond James upgraded Gibson Energy to a “strong-buy” rating in a research report on Thursday, October 10th. BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 5th. TD Securities upgraded shares of Gibson Energy to a “hold” rating in a research report on Tuesday. Finally, Wells Fargo & Company lowered shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

Gibson Energy Trading Up 1.0 %

Shares of GBNXF opened at $17.79 on Friday. The firm’s fifty day moving average is $17.13 and its two-hundred day moving average is $16.64. The stock has a market cap of $2.90 billion, a PE ratio of 18.73 and a beta of 0.91. The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 2.86. Gibson Energy has a 52-week low of $13.13 and a 52-week high of $18.92.

Gibson Energy (OTCMKTS:GBNXF) last issued its earnings results on Tuesday, October 29th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.01. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%. The business had revenue of $2.13 billion for the quarter. Research analysts forecast that Gibson Energy will post 0.93 earnings per share for the current fiscal year.

Gibson Energy Company Profile

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.