Short Interest in Gibson Energy Inc. (OTCMKTS:GBNXF) Rises By 8.5%

Gibson Energy Inc. (OTCMKTS:GBNXF) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 4,862,200 shares, an increase of 8.5% from the September 30th total of 4,482,400 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is currently 1,279.5 days.

Analyst Upgrades and Downgrades

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

Gibson Energy Trading Up 0.9 %

Gibson Energy stock opened at $16.59 on Friday. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.89 and a current ratio of 1.18. The stock has a 50-day simple moving average of $16.58 and a 200 day simple moving average of $16.47. The stock has a market capitalization of $2.70 billion, a P/E ratio of 21.00 and a beta of 0.94. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $17.75.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings data on Monday, July 29th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.26 by $0.02. The firm had revenue of $2.36 billion for the quarter. Gibson Energy had a net margin of 1.41% and a return on equity of 20.52%. Analysts expect that Gibson Energy will post 0.99 earnings per share 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.