TD Securities Upgrades Gibson Energy (OTCMKTS:GBNXF) to "Hold"

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) was upgraded by equities researchers at TD Securities to a "hold" rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other brokerages have also issued reports on GBNXF. Wells Fargo & Company lowered shares of Gibson Energy from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 18th. Raymond James upgraded shares of Gibson Energy to a "strong-buy" rating in a research note on Thursday, October 10th. Finally, BMO Capital Markets upgraded Gibson Energy from a "market perform" rating to an "outperform" rating in a research note on Thursday, December 5th.

Gibson Energy Stock Down 1.6 %

Shares of OTCMKTS:GBNXF traded down $0.29 during midday trading on Tuesday, hitting $17.61. 1,835 shares of the stock were exchanged, compared to its average volume of 12,552. The company has a market capitalization of $2.87 billion, a PE ratio of 18.54 and a beta of 0.91. Gibson Energy has a 52-week low of $13.13 and a 52-week high of $18.92. 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 business's fifty day simple moving average is $17.06 and its two-hundred day simple moving average is $16.63.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.01. The company had revenue of $2.13 billion during the quarter. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%. As a group, research analysts predict that Gibson Energy will post 0.93 earnings per share for the current fiscal year.

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.