Gibson Energy (OTCMKTS:GBNXF) Posts Quarterly Earnings Results, Misses Estimates By $0.25 EPS

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) released its quarterly earnings results on Tuesday. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by ($0.25), Zacks reports. The business had revenue of $1.69 billion for the quarter. Gibson Energy had a net margin of 1.30% and a return on equity of 16.18%.

Gibson Energy Price Performance

Gibson Energy stock traded down $1.31 during mid-day trading on Thursday, hitting $15.30. The company's stock had a trading volume of 17,061 shares, compared to its average volume of 34,143. 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 stock has a market capitalization of $2.50 billion, a P/E ratio of 22.17 and a beta of 0.91. Gibson Energy has a twelve month low of $13.13 and a twelve month high of $18.92. The stock's fifty day moving average price is $17.22 and its two-hundred day moving average price is $16.74.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on GBNXF. TD Securities raised Gibson Energy to a "hold" rating in a report on Tuesday, January 14th. BMO Capital Markets raised Gibson Energy from a "market perform" rating to an "outperform" rating in a report on Thursday, December 5th. Finally, Wells Fargo & Company cut Gibson Energy from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 18th.

About Gibson Energy

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.