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

Gibson Energy (OTCMKTS:GBNXF) posted its earnings results on Tuesday. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.25), Zacks reports. Gibson Energy had a return on equity of 22.55% and a net margin of 1.72%.

Gibson Energy Stock Down 0.5 %

Shares of GBNXF opened at $16.61 on Wednesday. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 17.57 and a beta of 0.91. The business’s 50 day simple moving average is $17.26 and its 200-day simple moving average is $16.75. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.70 and a quick ratio of 0.60. Gibson Energy has a 1 year low of $13.13 and a 1 year high of $18.92.

Analyst Ratings Changes

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

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.