Gibson Energy FY2024 EPS Lowered by National Bank Financial

Gibson Energy Inc. (OTCMKTS:GBNXF) – Equities research analysts at National Bank Financial decreased their FY2024 EPS estimates for Gibson Energy in a research note issued on Monday, January 6th. National Bank Financial analyst P. Kenny now expects that the company will post earnings per share of $0.91 for the year, down from their prior estimate of $0.93. The consensus estimate for Gibson Energy’s current full-year earnings is $0.95 per share. National Bank Financial also issued estimates for Gibson Energy’s FY2026 earnings at $1.32 EPS, FY2027 earnings at $1.37 EPS and FY2028 earnings at $1.43 EPS.

Gibson Energy (OTCMKTS:GBNXF) last posted its earnings results on Tuesday, October 29th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.01. Gibson Energy had a net margin of 1.72% and a return on equity of 22.45%. The firm had revenue of $2.13 billion during the quarter.

Several other research analysts have also recently weighed in on GBNXF. BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 5th. Wells Fargo & Company downgraded shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, Raymond James upgraded shares of Gibson Energy to a “strong-buy” rating in a research note on Thursday, October 10th.

Gibson Energy Trading Up 0.5 %

OTCMKTS:GBNXF opened at $17.62 on Wednesday. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $18.92. The firm has a 50-day moving average price of $16.90 and a two-hundred day moving average price of $16.60. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 18.55 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.

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.