Gibson Energy Inc. (OTCMKTS:GBNXF) Short Interest Update

Gibson Energy Inc. (OTCMKTS:GBNXF) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,662,300 shares, an increase of 35.4% from the December 31st total of 3,442,600 shares. Based on an average daily trading volume, of 24,600 shares, the short-interest ratio is currently 189.5 days.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on GBNXF shares. Wells Fargo & Company cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Raymond James raised Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th. TD Securities upgraded Gibson Energy to a “hold” rating in a report on Tuesday, January 14th. 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 Performance

Gibson Energy stock opened at $16.98 on Friday. The firm’s 50 day simple moving average is $17.33 and its 200 day simple moving average is $16.70. The company has a current ratio of 0.70, a quick ratio of 0.60 and a debt-to-equity ratio of 2.38. Gibson Energy has a 1-year low of $13.13 and a 1-year high of $18.92. The firm has a market capitalization of $2.77 billion, a PE ratio of 18.13 and a beta of 0.91.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. Gibson Energy had a return on equity of 22.55% and a net margin of 1.72%. The company had revenue of $2.13 billion during the quarter. As a group, analysts expect that Gibson Energy will post 0.92 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.