Gibson Energy (OTCMKTS:GBNXF) Downgraded to Hold Rating by National Bank Financial

National Bank Financial downgraded shares of Gibson Energy (OTCMKTS:GBNXF) from a strong-buy rating to a hold rating in a research report released on Wednesday,Zacks.com reports.

GBNXF has been the topic of several other reports. TD Securities upgraded shares of Gibson Energy to a “hold” rating in a report on Tuesday, January 14th. 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. Finally, BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Gibson Energy has a consensus rating of “Moderate Buy”.

Gibson Energy Stock Down 2.6 %

Shares of GBNXF opened at $14.90 on Wednesday. The firm has a market cap of $2.43 billion, a P/E ratio of 21.60 and a beta of 0.91. Gibson Energy has a 12-month low of $13.13 and a 12-month high of $18.92. The company’s 50-day moving average price is $17.16 and its 200 day moving average price is $16.73. The company has a current ratio of 0.70, a quick ratio of 0.60 and a debt-to-equity ratio of 2.38.

Gibson Energy (OTCMKTS:GBNXF) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.25). The company had revenue of $1.69 billion during the quarter. Gibson Energy had a net margin of 1.30% and a return on equity of 16.18%. On average, sell-side analysts forecast that Gibson Energy will post 1.11 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.