Gibson Energy Inc. (OTCMKTS:GBNXF) Short Interest Down 24.3% in February

Gibson Energy Inc. (OTCMKTS:GBNXF) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 3,296,000 shares, a decrease of 24.3% from the February 13th total of 4,352,500 shares. Based on an average trading volume of 31,200 shares, the short-interest ratio is currently 105.6 days. Currently, 2.0% of the shares of the stock are short sold.

Gibson Energy Trading Down 0.7 %

Shares of OTCMKTS GBNXF opened at $15.03 on Wednesday. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.60 and a current ratio of 0.70. Gibson Energy has a 52-week low of $13.13 and a 52-week high of $18.92. The firm has a 50 day moving average price of $16.37 and a two-hundred day moving average price of $16.64. The stock has a market cap of $2.46 billion, a P/E ratio of 21.79 and a beta of 0.93.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.25). Gibson Energy had a net margin of 1.30% and a return on equity of 16.18%. The business had revenue of $1.69 billion during the quarter. As a group, equities analysts forecast that Gibson Energy will post 1.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. BMO Capital Markets raised shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, December 5th. TD Securities upgraded shares of Gibson Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 24th. National Bank Financial cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 19th. Finally, Wells Fargo & Company cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

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.