Gibson Energy Inc. (OTCMKTS:GBNXF) Sees Large Growth in Short Interest

Gibson Energy Inc. (OTCMKTS:GBNXFGet Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 3,442,600 shares, an increase of 5.1% from the November 30th total of 3,274,800 shares. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is presently 860.7 days.

Analyst Ratings Changes

A number of equities analysts have commented on GBNXF shares. Raymond James upgraded Gibson Energy to a “strong-buy” rating in a research note on Thursday, October 10th. Wells Fargo & Company cut Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Finally, BMO Capital Markets raised shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 5th.

View Our Latest Report on Gibson Energy

Gibson Energy Price Performance

OTCMKTS GBNXF traded down $0.16 on Wednesday, hitting $17.05. 4,001 shares of the company’s stock were exchanged, compared to its average volume of 20,425. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $18.92. The stock has a 50-day moving average of $16.85 and a 200-day moving average of $16.57. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 2.86. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 17.95 and a beta of 0.92.

Gibson Energy (OTCMKTS:GBNXFGet Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.01. The business had revenue of $2.13 billion during the quarter. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%. Analysts expect that Gibson Energy will post 0.95 earnings per share for the current year.

Gibson Energy Company Profile

(Get Free Report)

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.

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