Gibson Energy (OTCMKTS:GBNXF) Issues Quarterly Earnings Results, Misses Expectations By $0.25 EPS

Gibson Energy (OTCMKTS:GBNXF) posted its earnings results on Tuesday. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.25), Zacks reports. The company had revenue of $1.69 billion during the quarter. Gibson Energy had a return on equity of 16.18% and a net margin of 1.30%.

Gibson Energy Trading Down 7.9 %

Shares of Gibson Energy stock opened at $15.30 on Thursday. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.70 and a quick ratio of 0.60. The stock has a market capitalization of $2.50 billion, a PE ratio of 24.07 and a beta of 0.91. Gibson Energy has a 1-year low of $13.13 and a 1-year high of $18.92. The company’s fifty day simple moving average is $17.22 and its 200-day simple moving average is $16.74.

Analysts Set New Price Targets

GBNXF has been the topic of a number of research reports. BMO Capital Markets upgraded Gibson Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 5th. TD Securities raised Gibson Energy to a “hold” rating in a research report on Tuesday, January 14th. Finally, Wells Fargo & Company downgraded Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

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.