Gibson Energy Inc. (OTCMKTS:GBNXF) Sees Significant Increase in Short Interest

Gibson Energy Inc. (OTCMKTS:GBNXF) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 3,573,700 shares, an increase of 26.7% from the March 15th total of 2,821,000 shares. Based on an average daily trading volume, of 28,400 shares, the days-to-cover ratio is presently 125.8 days.

Gibson Energy Trading Down 0.7 %

GBNXF stock traded down $0.12 during mid-day trading on Monday, hitting $16.68. 22,700 shares of the company were exchanged, compared to its average volume of 28,008. The company has a quick ratio of 0.86, a current ratio of 1.12 and a debt-to-equity ratio of 2.97. The firm has a market capitalization of $2.70 billion, a P/E ratio of 16.04 and a beta of 0.95. The business has a fifty day simple moving average of $16.43 and a 200-day simple moving average of $15.61. Gibson Energy has a 12-month low of $13.45 and a 12-month high of $17.18.

Gibson Energy (OTCMKTS:GBNXF) last announced its earnings results on Tuesday, February 20th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.05). Gibson Energy had a return on equity of 30.53% and a net margin of 1.94%. The company had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.40 billion. On average, equities research analysts predict that Gibson Energy will post 1.16 earnings per share for the current fiscal year.

Gibson Energy Company Profile

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.