Gibson Energy (GBNXF) Expected to Release Earnings on Monday

Gibson Energy (OTCMKTS:GBNXF) will likely be issuing its resultson Monday, July 27th. Analysts expect Gibson Energy to post earnings of $0.21 per share and revenue of $2.3478 billion for the quarter.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings results on Monday, May 4th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.21). Gibson Energy had a return on equity of 16.57% and a net margin of 1.36%.The firm had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2.09 billion. 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 Trading Down 0.4%

Shares of GBNXF opened at $21.90 on Friday. Gibson Energy has a fifty-two week low of $15.91 and a fifty-two week high of $22.23. The business has a 50-day moving average of $21.13 and a 200 day moving average of $20.70. The firm has a market cap of $3.78 billion, a P/E ratio of 34.22 and a beta of 0.62. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.87 and a current ratio of 1.17.

Analysts Set New Price Targets

GBNXF has been the subject of a number of research reports. Scotiabank reiterated a “sector perform” rating on shares of Gibson Energy in a research report on Tuesday. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Gibson Energy in a research note on Tuesday, May 26th. Jefferies Financial Group downgraded shares of Gibson Energy from a “buy” rating to a “hold” rating in a report on Wednesday. TD Securities reiterated a “buy” rating on shares of Gibson Energy in a research note on Thursday, July 16th. Finally, Zacks Research downgraded Gibson Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently 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.