Gibson Energy (OTCMKTS:GBNXF) Upgraded at Natl Bk Canada

Natl Bk Canada upgraded shares of Gibson Energy (OTCMKTS:GBNXF) from a hold rating to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports.

Several other research firms also recently weighed in on GBNXF. Royal Bank Of Canada reissued an “outperform” rating on shares of Gibson Energy in a research report on Wednesday. Zacks Research cut shares of Gibson Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 5th. Jefferies Financial Group reissued a “buy” rating on shares of Gibson Energy in a research note on Wednesday. BMO Capital Markets restated a “market perform” rating on shares of Gibson Energy in a report on Wednesday. Finally, National Bankshares upgraded shares of Gibson Energy from a “sector perform” rating to an “outperform” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Gibson Energy Stock Down 2.3%

Shares of OTCMKTS GBNXF opened at $18.53 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.58 and a debt-to-equity ratio of 3.08. Gibson Energy has a 12-month low of $13.94 and a 12-month high of $19.61. The firm’s 50-day moving average price is $17.58 and its 200-day moving average price is $17.84. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of 28.08 and a beta of 0.75.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.02). Gibson Energy had a return on equity of 16.47% and a net margin of 1.40%.The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.72 billion. On average, equities research analysts anticipate that Gibson Energy will post 1.09 EPS for the current fiscal year.

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.