Gibson Energy Inc. (OTCMKTS:GBNXF) Sees Significant Increase in Short Interest

Gibson Energy Inc. (OTCMKTS:GBNXF) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 2,821,000 shares, a growth of 25.1% from the February 29th total of 2,254,500 shares. Based on an average daily volume of 39,900 shares, the days-to-cover ratio is presently 70.7 days.

Gibson Energy Stock Performance

Shares of OTCMKTS GBNXF traded down $0.12 during midday trading on Monday, hitting $16.84. 660 shares of the company’s stock traded hands, compared to its average volume of 28,274. Gibson Energy has a 1 year low of $13.45 and a 1 year high of $17.18. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 16.19 and a beta of 0.95. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.86 and a current ratio of 1.12. The firm has a fifty day moving average of $16.25 and a 200 day moving average of $15.50.

Gibson Energy (OTCMKTS:GBNXF) last released its quarterly earnings results on Tuesday, February 20th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.05). Gibson Energy had a net margin of 1.94% and a return on equity of 30.53%. The business had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $2.40 billion. On average, analysts forecast that Gibson Energy will post 1.16 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.