FY2024 EPS Forecast for Gibson Energy Decreased by Analyst

Gibson Energy Inc. (OTCMKTS:GBNXF) – Stock analysts at Atb Cap Markets reduced their FY2024 earnings per share estimates for Gibson Energy in a report issued on Wednesday, October 30th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.94 per share for the year, down from their previous estimate of $0.96. The consensus estimate for Gibson Energy’s current full-year earnings is $0.99 per share. Atb Cap Markets also issued estimates for Gibson Energy’s Q4 2024 earnings at $0.24 EPS, Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.30 EPS and FY2025 earnings at $1.18 EPS.

Separately, Raymond James raised shares of Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th.

Gibson Energy Stock Down 1.4 %

Shares of OTCMKTS GBNXF opened at $16.36 on Friday. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.18 and a quick ratio of 0.89. The stock has a market capitalization of $2.66 billion, a PE ratio of 17.22 and a beta of 0.94. Gibson Energy has a one year low of $13.13 and a one year high of $17.75. The business’s fifty day moving average price is $16.60 and its 200-day moving average price is $16.46.

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.