Atb Cap Markets Weighs in on Gibson Energy Inc.’s FY2024 Earnings (OTCMKTS:GBNXF)

Gibson Energy Inc. (OTCMKTS:GBNXF) – Equities research analysts at Atb Cap Markets upped their FY2024 earnings per share (EPS) estimates for shares of Gibson Energy in a report issued on Tuesday, April 23rd. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $1.22 per share for the year, up from their prior forecast of $1.21. The consensus estimate for Gibson Energy’s current full-year earnings is $1.14 per share.

Gibson Energy Stock Performance

GBNXF stock opened at $16.56 on Thursday. The stock’s 50 day simple moving average is $16.62 and its 200 day simple moving average is $15.74. Gibson Energy has a 12-month low of $13.45 and a 12-month high of $17.18. The firm has a market cap of $2.69 billion, a P/E ratio of 15.90 and a beta of 0.95. The company has a current ratio of 1.12, a quick ratio of 0.86 and a debt-to-equity ratio of 2.97.

Gibson Energy (OTCMKTS:GBNXF) last announced its quarterly earnings data on Tuesday, February 20th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.05). Gibson Energy had a net margin of 1.94% and a return on equity of 30.53%. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.40 billion.

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.