Gibson Energy Inc. (OTCMKTS:GBNXF) Short Interest Down 8.2% in May

Gibson Energy Inc. (OTCMKTS:GBNXF) was the target of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 2,564,400 shares, a decrease of 8.2% from the May 15th total of 2,793,000 shares. Based on an average trading volume of 25,300 shares, the days-to-cover ratio is presently 101.4 days.

Gibson Energy Stock Performance

Shares of GBNXF opened at $16.47 on Wednesday. The company has a current ratio of 1.12, a quick ratio of 0.86 and a debt-to-equity ratio of 2.97. The stock has a market capitalization of $2.68 billion, a P/E ratio of 21.12 and a beta of 0.94. The firm’s fifty day simple moving average is $16.53 and its two-hundred day simple moving average is $16.14. Gibson Energy has a 12 month low of $13.45 and a 12 month high of $17.18.

Gibson Energy (OTCMKTS:GBNXF) last issued its quarterly earnings results on Monday, April 29th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.09). The firm had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.13 billion. Gibson Energy had a net margin of 1.39% and a return on equity of 22.50%. As a group, analysts predict that Gibson Energy will post 1.02 EPS 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.