Short Interest in Gibson Energy Inc. (OTCMKTS:GBNXF) Expands By 5.1%

Gibson Energy Inc. (OTCMKTS:GBNXF) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 3,442,600 shares, a growth of 5.1% from the November 30th total of 3,274,800 shares. Based on an average trading volume of 4,000 shares, the short-interest ratio is currently 860.7 days.

Gibson Energy Price Performance

Gibson Energy stock opened at $17.05 on Thursday. Gibson Energy has a 52-week low of $13.13 and a 52-week high of $18.92. The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 2.86. The firm’s fifty day moving average is $16.85 and its 200 day moving average is $16.57. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 17.95 and a beta of 0.92.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.24 EPS 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%. Sell-side analysts forecast that Gibson Energy will post 0.95 EPS for the current fiscal year.

Analyst Ratings Changes

GBNXF has been the topic of several research analyst reports. Wells Fargo & Company cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th. BMO Capital Markets upgraded Gibson Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Finally, Raymond James upgraded Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th.

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.