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Atb Cap Markets Lowers Earnings Estimates for Gibson Energy

Gibson Energy logo with Oils/Energy background

Gibson Energy Inc. (OTCMKTS:GBNXF - Free Report) - Atb Cap Markets cut their Q3 2024 EPS estimates for shares of Gibson Energy in a research report issued on Tuesday, October 22nd. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings of $0.24 per share for the quarter, down from their previous estimate of $0.27. The consensus estimate for Gibson Energy's current full-year earnings is $1.00 per share. Atb Cap Markets also issued estimates for Gibson Energy's FY2024 earnings at $0.96 EPS.

Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last released its quarterly earnings results on Monday, July 29th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.26 by $0.02. The company had revenue of $2.36 billion for the quarter. Gibson Energy had a return on equity of 20.52% and a net margin of 1.41%.

Separately, Raymond James raised Gibson Energy to a "strong-buy" rating in a report on Thursday, October 10th.

View Our Latest Stock Report on Gibson Energy

Gibson Energy Price Performance

Gibson Energy stock remained flat at $16.98 during midday trading on Thursday. The firm has a fifty day moving average price of $16.50 and a two-hundred day moving average price of $16.47. Gibson Energy has a twelve month low of $13.13 and a twelve month high of $17.75. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 2.86. The company has a market cap of $2.76 billion, a PE ratio of 21.77 and a beta of 0.94.

About Gibson Energy

(Get Free Report)

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.

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Earnings History and Estimates for Gibson Energy (OTCMKTS:GBNXF)

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