Gibson Energy (OTCMKTS:GBNXF) Rating Increased to Hold at TD Securities

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

Other analysts have also recently issued research reports about the stock. Wells Fargo & Company cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Raymond James upgraded shares of Gibson Energy to a “strong-buy” rating in a research report on Thursday, October 10th. Finally, BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, December 5th.

Gibson Energy Stock Down 1.6 %

Shares of GBNXF opened at $17.61 on Tuesday. The business’s fifty day moving average price is $17.06 and its two-hundred day moving average price is $16.63. The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of 18.54 and a beta of 0.91. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $18.92. 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. The business 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%. On average, analysts predict that Gibson Energy will post 0.93 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.