Gibson Energy (OTCMKTS:GBNXF) Cut to Hold at National Bank Financial

National Bank Financial lowered shares of Gibson Energy (OTCMKTS:GBNXF) from a strong-buy rating to a hold rating in a research note published on Wednesday morning,Zacks.com reports.

Several other equities research analysts have also commented on GBNXF. Wells Fargo & Company lowered 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, TD Securities raised Gibson Energy to a “hold” rating in a report on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Gibson Energy Stock Up 0.5 %

Shares of OTCMKTS GBNXF opened at $14.97 on Wednesday. The business has a 50-day moving average of $17.12 and a two-hundred day moving average of $16.74. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 21.70 and a beta of 0.91. Gibson Energy has a 1 year low of $13.13 and a 1 year high of $18.92. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.70 and a quick ratio of 0.60.

Gibson Energy (OTCMKTS:GBNXF) last posted its earnings results on Tuesday, February 18th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.25). The business had revenue of $1.69 billion for the quarter. Gibson Energy had a return on equity of 16.18% and a net margin of 1.30%. On average, analysts forecast that Gibson Energy will post 1.11 earnings per share for the current fiscal 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.