Gibson Energy (GBNXF) Projected to Post Quarterly Earnings on Monday

Gibson Energy (OTCMKTS:GBNXF) is expected to be issuing its quarterly earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.25). Gibson Energy had a net margin of 1.30% and a return on equity of 16.18%. The firm had revenue of $1.69 billion during the quarter. 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 Up 0.1 %

GBNXF stock opened at $15.72 on Friday. Gibson Energy has a 52-week low of $13.13 and a 52-week high of $18.92. The company has a quick ratio of 0.60, a current ratio of 0.70 and a debt-to-equity ratio of 2.38. The firm has a market cap of $2.57 billion, a P/E ratio of 22.78 and a beta of 0.86. The company’s 50-day simple moving average is $15.27 and its 200-day simple moving average is $16.38.

Analysts Set New Price Targets

GBNXF has been the topic of several research analyst reports. TD Securities raised Gibson Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, February 24th. National Bank Financial lowered Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.