Gibson Energy (GBNXF) to Post Quarterly Earnings on Monday

Gibson Energy (OTCMKTS:GBNXF) is anticipated to issue its resultson Monday, July 27th. Analysts expect Gibson Energy to announce earnings of $0.21 per share and revenue of $2.3478 billion for the quarter.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings results on Monday, May 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.21). Gibson Energy had a net margin of 1.36% and a return on equity of 16.57%. The company had revenue of $1.98 billion during the quarter, compared to analyst estimates of $2.09 billion. On average, analysts expect Gibson Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gibson Energy Trading Down 0.4%

OTCMKTS:GBNXF opened at $21.90 on Friday. The firm has a market capitalization of $3.78 billion, a PE ratio of 34.22 and a beta of 0.62. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.17 and a quick ratio of 0.87. Gibson Energy has a 12 month low of $15.91 and a 12 month high of $22.23. The business’s 50-day moving average is $21.13 and its two-hundred day moving average is $20.70.

Analyst Upgrades and Downgrades

GBNXF has been the topic of several research reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Gibson Energy in a research report on Tuesday, May 26th. Jefferies Financial Group downgraded shares of Gibson Energy from a “buy” rating to a “hold” rating in a research note on Wednesday. Scotiabank reissued a “sector perform” rating on shares of Gibson Energy in a report on Tuesday. Zacks Research cut shares of Gibson Energy from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Finally, TD Securities reiterated a “buy” rating on shares of Gibson Energy in a research report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Gibson Energy presently has a consensus rating of “Moderate Buy”.

Gibson Energy Company Profile

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.