Gibson Energy (GBNXF) to Release Quarterly Earnings on Monday

Gibson Energy (OTCMKTS:GBNXF) is expected to be posting its resultson Monday, May 4th. Analysts expect Gibson Energy to post earnings of $0.24 per share and revenue of $2.1737 billion for the quarter.

Gibson Energy (OTCMKTS:GBNXF) last issued its earnings results on Tuesday, February 17th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.05). The company had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $2.06 billion. Gibson Energy had a net margin of 1.85% and a return on equity of 22.65%. On average, analysts expect Gibson Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gibson Energy Stock Performance

Shares of GBNXF stock opened at $20.61 on Monday. The stock has a market capitalization of $3.55 billion, a PE ratio of 23.96 and a beta of 0.70. Gibson Energy has a 1-year low of $15.57 and a 1-year high of $22.15. The business has a 50-day moving average of $21.15 and a 200 day moving average of $19.25. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.05 and a quick ratio of 0.84.

Analysts Set New Price Targets

A number of research analysts have commented on GBNXF shares. BMO Capital Markets reaffirmed a “market perform” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Zacks Research raised Gibson Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. TD Securities reaffirmed a “hold” rating on shares of Gibson Energy in a research report on Wednesday, February 18th. Scotiabank reaffirmed a “sector perform” rating on shares of Gibson Energy in a research report on Friday, January 16th. Finally, Raymond James Financial lowered Gibson Energy from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Gibson Energy currently has a consensus rating of “Moderate Buy”.

About Gibson Energy

Gibson Energy is a midstream energy services company headquartered in Calgary, Alberta, that provides crude oil, natural gas liquids (NGL) and refined products storage, terminalling, processing and transportation. With a network of terminals, pipelines, truck racks and processing facilities, the company serves producers, refiners, marketers and other midstream operators across Western Canada and parts of the U.S. Its comprehensive offerings include product handling, blending, distribution and marketing services tailored to meet fluctuating energy market demands.

Gibson Energy’s infrastructure portfolio includes crude oil and refined product terminals, an NGL fractionation facility and bulk storage sites strategically located near key supply basins such as the Alberta oil sands region and the U.S.