BMO Capital Markets Upgrades Gibson Energy (OTCMKTS:GBNXF) to “Outperform”

Gibson Energy (OTCMKTS:GBNXF) was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued on Thursday, MarketBeat Ratings reports.

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

Gibson Energy Stock Performance

OTCMKTS:GBNXF opened at $18.17 on Thursday. The company has a market capitalization of $2.96 billion, a P/E ratio of 19.12 and a beta of 0.92. The business has a fifty day simple moving average of $16.77 and a two-hundred day simple moving average of $16.51. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.18 and a quick ratio of 0.89. Gibson Energy has a 1 year low of $13.13 and a 1 year high of $18.44.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.01. The company had revenue of $2.13 billion during the quarter. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%. On average, analysts expect that Gibson Energy will post 0.96 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.