FY2024 EPS Estimate for Gibson Energy Reduced by Analyst

Gibson Energy Inc. (OTCMKTS:GBNXF) – Stock analysts at National Bank Financial lowered their FY2024 earnings per share estimates for shares of Gibson Energy in a research note issued to investors on Wednesday, October 30th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings per share of $0.93 for the year, down from their prior forecast of $1.02. The consensus estimate for Gibson Energy’s current full-year earnings is $0.99 per share. National Bank Financial also issued estimates for Gibson Energy’s FY2025 earnings at $1.18 EPS.

Separately, Raymond James raised shares of Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th.

Gibson Energy Stock Down 1.4 %

Shares of OTCMKTS GBNXF opened at $16.36 on Friday. The stock has a market capitalization of $2.66 billion, a P/E ratio of 17.22 and a beta of 0.94. The stock’s fifty day moving average is $16.60 and its 200 day moving average is $16.46. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $17.75. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.89 and a current ratio of 1.18.

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.