Atb Cap Markets Comments on Gibson Energy Inc.’s Q1 2024 Earnings (OTCMKTS:GBNXF)

Gibson Energy Inc. (OTCMKTS:GBNXF) – Atb Cap Markets cut their Q1 2024 earnings per share (EPS) estimates for Gibson Energy in a report issued on Tuesday, April 23rd. Atb Cap Markets analyst N. Heywood now expects that the company will post earnings of $0.29 per share for the quarter, down from their previous estimate of $0.30. The consensus estimate for Gibson Energy’s current full-year earnings is $1.13 per share.

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

Gibson Energy Trading Down 0.1 %

OTCMKTS:GBNXF opened at $16.56 on Friday. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.86 and a current ratio of 1.12. Gibson Energy has a one year low of $13.45 and a one year high of $17.18. The business’s 50-day simple moving average is $16.64 and its 200 day simple moving average is $15.76. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 15.92 and a beta of 0.95.

Gibson Energy Company Profile

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.