Short Interest in Gibson Energy Inc. (OTCMKTS:GBNXF) Increases By 5.1%

Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 3,442,600 shares, an increase of 5.1% from the November 30th total of 3,274,800 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is currently 860.7 days.

Gibson Energy Stock Down 0.9 %

Gibson Energy stock traded down $0.16 during trading hours on Wednesday, hitting $17.05. The company had a trading volume of 4,001 shares, compared to its average volume of 20,425. Gibson Energy has a fifty-two week low of $13.13 and a fifty-two week high of $18.92. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.18 and a quick ratio of 0.89. The firm has a market capitalization of $2.78 billion, a P/E ratio of 17.95 and a beta of 0.92. The firm's fifty day moving average is $16.85 and its 200-day moving average is $16.57.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.01. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%. The firm had revenue of $2.13 billion during the quarter. On average, research analysts forecast that Gibson Energy will post 0.95 earnings per share for the current year.

Analyst Ratings Changes

GBNXF has been the subject of several research reports. BMO Capital Markets raised Gibson Energy from a "market perform" rating to an "outperform" rating in a research note on Thursday, December 5th. Raymond James upgraded Gibson Energy to a "strong-buy" rating in a research report on Thursday, October 10th. Finally, Wells Fargo & Company downgraded Gibson Energy from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 18th.

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.