Gibson Energy (OTCMKTS:GBNXF) Downgraded to Strong Sell Rating by Zacks Research

Zacks Research cut shares of Gibson Energy (OTCMKTS:GBNXF) from a hold rating to a strong sell rating in a research report released on Monday,Zacks.com reports.

Other research analysts have also recently issued reports about the company. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Gibson Energy in a research report on Tuesday, May 26th. TD Securities upgraded shares of Gibson Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Gibson Energy currently has an average rating of “Moderate Buy”.

Gibson Energy Trading Up 2.7%

Shares of OTCMKTS GBNXF opened at $20.84 on Monday. The company has a quick ratio of 0.87, a current ratio of 1.17 and a debt-to-equity ratio of 2.73. Gibson Energy has a twelve month low of $15.91 and a twelve month high of $22.23. The company’s fifty day moving average is $20.93 and its 200-day moving average is $20.43. The stock has a market cap of $3.59 billion, a price-to-earnings ratio of 32.56 and a beta of 0.62.

Gibson Energy (OTCMKTS:GBNXF) last released its earnings results on Monday, May 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.21). The firm had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2.09 billion. Gibson Energy had a return on equity of 16.57% and a net margin of 1.36%. Equities research analysts predict that Gibson Energy will post 0.71 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.