Gibson Energy FY2024 EPS Reduced by National Bank Financial

Gibson Energy Inc. (OTCMKTS:GBNXF) – Investment analysts at National Bank Financial decreased their FY2024 earnings estimates for Gibson Energy in a research note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny now forecasts that the company will earn $0.91 per share for the year, down from their previous forecast of $0.93. The consensus estimate for Gibson Energy’s current full-year earnings is $0.95 per share. National Bank Financial also issued estimates for Gibson Energy’s FY2026 earnings at $1.32 EPS, FY2027 earnings at $1.37 EPS and FY2028 earnings at $1.43 EPS.

GBNXF has been the topic of a number of other research reports. Raymond James raised Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th. Wells Fargo & Company cut shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Finally, BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 5th.

Gibson Energy Stock Performance

Shares of GBNXF opened at $17.62 on Wednesday. The company’s 50 day simple moving average is $16.92 and its 200-day simple moving average is $16.61. The firm has a market cap of $2.87 billion, a PE ratio of 18.55 and a beta of 0.91. Gibson Energy has a 12-month low of $13.13 and a 12-month high of $18.92. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 2.86.

Gibson Energy (OTCMKTS:GBNXF) last announced its earnings results 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. The firm had revenue of $2.13 billion during the quarter. Gibson Energy had a return on equity of 22.45% and a net margin of 1.72%.

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.