Gibson Energy Inc. (OTCMKTS:GBNXF) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Gibson Energy Inc. (OTCMKTS:GBNXF) have received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company.

Several research firms have recently commented on GBNXF. Jefferies Financial Group downgraded Gibson Energy from a “buy” rating to a “hold” rating in a report on Wednesday, July 22nd. TD Securities reissued a “buy” rating on shares of Gibson Energy in a research report on Thursday, July 16th. Zacks Research upgraded shares of Gibson Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Scotiabank restated a “sector perform” rating on shares of Gibson Energy in a report on Tuesday, July 21st. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Gibson Energy in a research note on Tuesday, July 28th.

Gibson Energy Price Performance

GBNXF stock opened at $21.98 on Tuesday. The stock has a market capitalization of $3.79 billion, a PE ratio of 30.95 and a beta of 0.65. The company’s 50-day moving average is $22.49 and its 200-day moving average is $21.55. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.07 and a quick ratio of 0.89. Gibson Energy has a 1 year low of $15.91 and a 1 year high of $23.29.

Gibson Energy (OTCMKTS:GBNXF) last issued its earnings results on Monday, July 27th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.13. The business had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.35 billion. Gibson Energy had a return on equity of 18.20% and a net margin of 1.32%. Equities research analysts expect that Gibson Energy will post 0.84 EPS for the current fiscal year.

About Gibson Energy

Gibson Energy Inc is a Canadian energy infrastructure company that owns, operates and develops assets used to transport, store and handle crude oil and other liquid hydrocarbons. Its operations support the movement of energy products from producing regions to refineries, export facilities and other markets.

The company’s activities include crude oil storage terminals, pipelines, gathering systems and related infrastructure, as well as marketing and logistics services. Gibson’s Canadian assets are concentrated in Western Canada, including major storage and transportation hubs such as Hardisty, Alberta.