Gibson Energy (OTCMKTS:GBNXF) Sets New 12-Month High – Still a Buy?

Gibson Energy Inc. (OTCMKTS:GBNXF)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $21.5265 and last traded at $21.5265, with a volume of 920 shares trading hands. The stock had previously closed at $21.41.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. TD Securities restated a “hold” rating on shares of Gibson Energy in a report on Wednesday, February 18th. Jefferies Financial Group restated a “buy” rating on shares of Gibson Energy in a research note on Wednesday, December 3rd. Scotiabank reiterated a “sector perform” rating on shares of Gibson Energy in a research note on Friday, January 16th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Gibson Energy in a report on Wednesday, February 18th. Finally, Raymond James Financial lowered shares of Gibson Energy from a “strong-buy” rating to an “outperform” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Gibson Energy Trading Up 0.7%

The company has a debt-to-equity ratio of 3.08, a quick ratio of 0.79 and a current ratio of 0.99. The firm has a market cap of $3.70 billion, a PE ratio of 25.01 and a beta of 0.74. The stock has a 50-day simple moving average of $19.44 and a two-hundred day simple moving average of $18.60.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings results on Tuesday, February 17th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Gibson Energy had a return on equity of 22.21% and a net margin of 1.85%.The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $2.06 billion. As a group, sell-side analysts anticipate that Gibson Energy Inc. will post 1.09 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.