Gibson Energy Inc. (OTCMKTS:GBNXF) Short Interest Up 5.1% in December

Gibson Energy Inc. (OTCMKTS:GBNXF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 3,442,600 shares, a growth of 5.1% from the November 30th total of 3,274,800 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is presently 860.7 days.

Gibson Energy Trading Down 0.9 %

GBNXF traded down $0.16 during mid-day trading on Wednesday, hitting $17.05. 4,001 shares of the stock were exchanged, compared to its average volume of 20,425. The firm’s fifty day moving average is $16.85 and its two-hundred day moving average is $16.57. 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 has a 1-year low of $13.13 and a 1-year high of $18.92. The company has a market cap of $2.78 billion, a PE ratio of 17.95 and a beta of 0.92.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings results 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. Gibson Energy had a net margin of 1.72% and a return on equity of 22.45%. The business had revenue of $2.13 billion for the quarter. Equities analysts forecast that Gibson Energy will post 0.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on GBNXF. Wells Fargo & Company downgraded shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. BMO Capital Markets raised Gibson Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 5th. Finally, Raymond James raised 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.