Short Interest in Gibson Energy Inc. (OTCMKTS:GBNXF) Expands By 20.5%

Gibson Energy Inc. (OTCMKTS:GBNXF) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,742,900 shares, a growth of 20.5% from the October 31st total of 3,106,300 shares. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is presently 251.2 days.

Gibson Energy Trading Down 1.6 %

Shares of GBNXF traded down $0.27 during mid-day trading on Monday, reaching $16.69. The stock had a trading volume of 351 shares, compared to its average volume of 21,543. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.18 and a quick ratio of 0.89. Gibson Energy has a 52-week low of $13.13 and a 52-week high of $17.75. The business’s fifty day moving average is $16.70 and its 200 day moving average is $16.48. The firm has a market cap of $2.72 billion, a price-to-earnings ratio of 17.85 and a beta of 0.93.

Gibson Energy (OTCMKTS:GBNXF) last announced 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 net margin of 1.72% and a return on equity of 22.45%. The firm had revenue of $2.13 billion during the quarter. On average, sell-side analysts predict that Gibson Energy will post 0.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Raymond James upgraded shares of Gibson Energy to a “strong-buy” rating in a research report on Thursday, October 10th.

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.