Gibson Energy (OTCMKTS:GBNXF) Stock Rating Upgraded by TD Securities

Gibson Energy (OTCMKTS:GBNXF) was upgraded by analysts at TD Securities to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

GBNXF has been the topic of a number of other research reports. Wells Fargo & Company cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th. BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, December 5th. Finally, Raymond James raised Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th.

Gibson Energy Trading Down 1.6 %

Gibson Energy stock opened at $17.61 on Tuesday. The business’s 50-day simple moving average is $17.06 and its 200-day simple moving average is $16.63. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $18.92. The firm has a market capitalization of $2.87 billion, a PE ratio of 18.54 and a beta of 0.91. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.89 and a current ratio of 1.18.

Gibson Energy (OTCMKTS:GBNXF) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.23 by $0.01. The company had revenue of $2.13 billion for the quarter. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%. Equities research analysts forecast that Gibson Energy will post 0.93 earnings per share for the current year.

About Gibson Energy

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.