Gibson Energy (OTCMKTS:GBNXF) Reaches New 12-Month High – Should You Buy?

Gibson Energy Inc. (OTCMKTS:GBNXF) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $20.93 and last traded at $20.93, with a volume of 101 shares trading hands. The stock had previously closed at $20.7960.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on GBNXF shares. Raymond James Financial downgraded shares of Gibson Energy from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday. BMO Capital Markets reissued a “market perform” rating on shares of Gibson Energy in a report on Wednesday. Zacks Research downgraded Gibson Energy from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Gibson Energy in a report on Wednesday. Finally, Scotiabank reissued a “sector perform” rating on shares of Gibson Energy in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Gibson Energy currently has an average rating of “Moderate Buy”.

Gibson Energy Price Performance

The company has a debt-to-equity ratio of 3.08, a current ratio of 0.99 and a quick ratio of 0.79. The company has a fifty day moving average price of $19.14 and a 200 day moving average price of $18.49. The company has a market capitalization of $3.65 billion, a P/E ratio of 24.69 and a beta of 0.74.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings data on Tuesday, February 17th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Gibson Energy had a net margin of 1.85% and a return on equity of 22.21%. The company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $2.06 billion. On average, sell-side analysts forecast that Gibson Energy Inc. will post 1.09 EPS for the current fiscal year.

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.