Gibson Energy (OTCMKTS:GBNXF) Shares Gap Up – Should You Buy?

Gibson Energy Inc. (OTCMKTS:GBNXF)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $20.28, but opened at $21.10. Gibson Energy shares last traded at $21.09, with a volume of 200 shares trading hands.

Analyst Ratings Changes

GBNXF has been the subject of several recent analyst reports. TD Securities upgraded Gibson Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, May 26th. Zacks Research cut Gibson Energy from a “hold” rating to a “strong sell” rating in a research report on Monday. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Gibson Energy in a report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Gibson Energy Price Performance

The company has a fifty day simple moving average of $20.93 and a 200 day simple moving average of $20.43. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.87 and a current ratio of 1.17. The stock has a market capitalization of $3.64 billion, a price-to-earnings ratio of 32.97 and a beta of 0.62.

Gibson Energy (OTCMKTS:GBNXF) last announced its earnings results on Monday, May 4th. The company reported ($0.01) 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 the consensus estimate of $2.09 billion. Equities research analysts forecast that Gibson Energy Inc. will post 0.71 EPS for the current fiscal year.

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.