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

Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 3,296,000 shares, a decrease of 24.3% from the February 13th total of 4,352,500 shares. Based on an average daily volume of 31,200 shares, the short-interest ratio is currently 105.6 days. Approximately 2.0% of the company's shares are sold short.

Gibson Energy Trading Up 3.9 %

Gibson Energy stock traded up $0.59 during trading hours on Thursday, reaching $15.62. 7,948 shares of the company's stock were exchanged, compared to its average volume of 27,703. The company has a quick ratio of 0.60, a current ratio of 0.70 and a debt-to-equity ratio of 2.38. The firm's 50 day simple moving average is $16.31 and its 200 day simple moving average is $16.63. Gibson Energy has a twelve month low of $13.13 and a twelve month high of $18.92. The firm has a market capitalization of $2.55 billion, a PE ratio of 22.64 and a beta of 0.93.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.25). The company 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%. Research analysts predict that Gibson Energy will post 1.09 earnings per share for the current year.

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Wall Street Analyst Weigh In

A number of research firms recently weighed in on GBNXF. BMO Capital Markets upgraded Gibson Energy from a "market perform" rating to an "outperform" rating in a report on Thursday, December 5th. Wells Fargo & Company downgraded Gibson Energy from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 18th. National Bank Financial downgraded Gibson Energy from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 19th. Finally, TD Securities upgraded Gibson Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, February 24th. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy".

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.