Gibson Energy (OTCMKTS:GBNXF) Downgraded to “Hold” Rating by National Bank Financial

National Bank Financial downgraded shares of Gibson Energy (OTCMKTS:GBNXF) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

A number of other equities research analysts have also weighed in on GBNXF. BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, December 5th. TD Securities raised Gibson Energy to a “hold” rating in a report on Tuesday, January 14th. Finally, Wells Fargo & Company lowered Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Gibson Energy Price Performance

Gibson Energy stock opened at $14.97 on Wednesday. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.70 and a quick ratio of 0.60. The business has a 50 day simple moving average of $17.12 and a 200-day simple moving average of $16.74. Gibson Energy has a 12 month low of $13.13 and a 12 month high of $18.92. The stock has a market capitalization of $2.44 billion, a PE ratio of 21.70 and a beta of 0.91.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.25). The firm had revenue of $1.69 billion for the quarter. Gibson Energy had a return on equity of 16.18% and a net margin of 1.30%. Equities analysts predict that Gibson Energy will post 1.11 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.