Gibson Energy Inc. (OTCMKTS:GBNXF – Get 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
Gibson Energy (OTCMKTS:GBNXF – Get 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
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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