Gibson Energy (OTCMKTS:GBNXF) Shares Gap Down – Should You Sell?

Gibson Energy Inc. (OTCMKTS:GBNXF) shares gapped down before the market opened on Tuesday . The stock had previously closed at $21.34, but opened at $20.10. Gibson Energy shares last traded at $21.3075, with a volume of 1,825 shares traded.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Scotiabank reiterated a “sector perform” rating on shares of Gibson Energy in a research note on Friday, January 16th. Raymond James Financial downgraded shares of Gibson Energy from a “strong-buy” rating to an “outperform” rating in a research note on Wednesday, February 18th. BMO Capital Markets restated a “market perform” rating on shares of Gibson Energy in a 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. Finally, TD Securities reiterated a “hold” rating on shares of Gibson Energy in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Gibson Energy Stock Up 0.3%

The firm has a market capitalization of $3.63 billion, a P/E ratio of 24.56 and a beta of 0.71. The firm’s 50 day moving average is $20.90 and its two-hundred day moving average is $19.06. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.05 and a quick ratio of 0.84.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings results on Tuesday, February 17th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $2.06 billion. Gibson Energy had a return on equity of 22.65% and a net margin of 1.85%. Research analysts predict that Gibson Energy Inc. will post 1.09 EPS for the current 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.