Gibson Energy (OTCMKTS:GBNXF) Sets New 1-Year High – Still a Buy?

Gibson Energy Inc. (OTCMKTS:GBNXF) shares reached a new 52-week high on Thursday . The company traded as high as $20.38 and last traded at $20.38, with a volume of 7755 shares traded. The stock had previously closed at $20.30.

Wall Street Analyst Weigh In

GBNXF has been the topic of a number of recent research reports. BMO Capital Markets reiterated a “market perform” rating on shares of Gibson Energy in a report on Wednesday, December 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Gibson Energy in a report on Wednesday, December 3rd. Natl Bk Canada upgraded Gibson Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. National Bank Financial upgraded Gibson Energy from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, December 2nd. Finally, Zacks Research lowered Gibson Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Gibson Energy Stock Performance

The company has a debt-to-equity ratio of 3.08, a quick ratio of 0.79 and a current ratio of 0.99. The stock has a fifty day simple moving average of $18.94 and a two-hundred day simple moving average of $18.40. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 31.32 and a beta of 0.74.

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.