Gibson Energy (OTCMKTS:GBNXF) Shares Gap Up – Should You Buy?

Gibson Energy Inc. (OTCMKTS:GBNXF) gapped up before the market opened on Wednesday . The stock had previously closed at $20.28, but opened at $21.10. Gibson Energy shares last traded at $21.09, with a volume of 200 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on GBNXF shares. TD Securities raised Gibson Energy from a “hold” rating to a “buy” rating in a research note on Tuesday, May 26th. Zacks Research lowered Gibson Energy from a “hold” rating to a “strong sell” rating in a research report on Monday. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Gibson Energy in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Gibson Energy Stock Performance

The company has a current ratio of 1.17, a quick ratio of 0.87 and a debt-to-equity ratio of 2.73. The firm has a market capitalization of $3.64 billion, a P/E ratio of 33.01 and a beta of 0.62. The business’s 50 day simple moving average is $20.94 and its two-hundred day simple moving average is $20.47.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings results on Monday, May 4th. The company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.21). The firm had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $2.09 billion. Gibson Energy had a net margin of 1.36% and a return on equity of 16.57%. Sell-side analysts anticipate that Gibson Energy Inc. will post 0.71 EPS for the current fiscal year.

Gibson Energy Company Profile

Gibson Energy is a midstream energy services company headquartered in Calgary, Alberta, that provides crude oil, natural gas liquids (NGL) and refined products storage, terminalling, processing and transportation. With a network of terminals, pipelines, truck racks and processing facilities, the company serves producers, refiners, marketers and other midstream operators across Western Canada and parts of the U.S. Its comprehensive offerings include product handling, blending, distribution and marketing services tailored to meet fluctuating energy market demands.

Gibson Energy’s infrastructure portfolio includes crude oil and refined product terminals, an NGL fractionation facility and bulk storage sites strategically located near key supply basins such as the Alberta oil sands region and the U.S.