Gibson Energy Inc. (OTCMKTS:GBNXF) Short Interest Down 12.5% in November

Gibson Energy Inc. (OTCMKTS:GBNXFGet Free Report) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 3,274,800 shares, a decline of 12.5% from the November 15th total of 3,742,900 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 909.7 days.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Raymond James raised Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th. BMO Capital Markets upgraded Gibson Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 5th.

Check Out Our Latest Analysis on GBNXF

Gibson Energy Price Performance

GBNXF opened at $17.17 on Tuesday. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 18.07 and a beta of 0.92. The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 2.86. The firm has a 50-day moving average price of $16.87 and a 200-day moving average price of $16.55. Gibson Energy has a twelve month low of $13.13 and a twelve month high of $18.92.

Gibson Energy (OTCMKTS:GBNXFGet Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $2.13 billion during the quarter. Gibson Energy had a net margin of 1.72% and a return on equity of 22.45%. Equities analysts expect that Gibson Energy will post 0.95 EPS for the current year.

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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