FY2024 EPS Estimates for Gibson Energy Cut by Scotiabank

Gibson Energy Inc. (OTCMKTS:GBNXF - Free Report) - Analysts at Scotiabank dropped their FY2024 EPS estimates for Gibson Energy in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst R. Hope now forecasts that the company will post earnings per share of $0.98 for the year, down from their prior estimate of $1.10. The consensus estimate for Gibson Energy's current full-year earnings is $0.95 per share. Scotiabank also issued estimates for Gibson Energy's FY2025 earnings at $1.14 EPS and FY2026 earnings at $1.28 EPS.

A number of other equities research analysts have also issued reports on the company. Raymond James raised Gibson Energy to a "strong-buy" rating in a research report on Thursday, October 10th. 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, BMO Capital Markets upgraded shares of Gibson Energy from a "market perform" rating to an "outperform" rating in a report on Thursday, December 5th.

Gibson Energy Stock Up 0.7 %

OTCMKTS GBNXF traded up $0.12 during trading hours on Friday, reaching $17.74. 3,175 shares of the company's stock were exchanged, compared to its average volume of 9,815. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.89 and a current ratio of 1.18. The company has a market capitalization of $2.89 billion, a price-to-earnings ratio of 18.67 and a beta of 0.91. The company's 50-day moving average is $16.94 and its two-hundred day moving average is $16.61. Gibson Energy has a one year low of $13.13 and a one year high of $18.92.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.01. The business had revenue of $2.13 billion during the quarter. Gibson Energy had a net margin of 1.72% and a return on equity of 22.45%.

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.