Wells Fargo & Company cut shares of Gibson Energy (OTCMKTS:GBNXF – Free Report) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.
A number of other research analysts also recently issued reports on GBNXF. Raymond James upgraded Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th. BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, December 5th.
View Our Latest Report on GBNXF
Gibson Energy Price Performance
GBNXF opened at $16.98 on Wednesday. Gibson Energy has a fifty-two week low of $13.13 and a fifty-two week high of $18.92. The firm has a market cap of $2.77 billion, a P/E ratio of 17.87 and a beta of 0.92. The firm has a 50-day moving average of $16.88 and a 200 day moving average of $16.56. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.89 and a current ratio of 1.18.
Gibson Energy (OTCMKTS:GBNXF – Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The company had revenue of $2.13 billion during the quarter. Gibson Energy had a net margin of 1.72% and a return on equity of 22.45%. On average, research analysts expect that Gibson Energy will post 0.95 EPS for the current 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.
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