Atb Cap Markets Predicts Reduced Earnings for Gibson Energy

Gibson Energy Inc. (OTCMKTS:GBNXF) – Equities researchers at Atb Cap Markets cut their FY2024 EPS estimates for Gibson Energy in a research note issued to investors on Wednesday, October 30th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings of $0.94 per share for the year, down from their prior forecast of $0.96. The consensus estimate for Gibson Energy’s current full-year earnings is $0.99 per share. Atb Cap Markets also issued estimates for Gibson Energy’s Q4 2024 earnings at $0.24 EPS, Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.30 EPS and FY2025 earnings at $1.18 EPS.

Separately, Raymond James raised Gibson Energy to a “strong-buy” rating in a report on Thursday, October 10th.

Gibson Energy Stock Up 0.9 %

Shares of OTCMKTS:GBNXF opened at $16.59 on Friday. Gibson Energy has a 52 week low of $13.13 and a 52 week high of $17.75. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.89 and a current ratio of 1.18. The company’s fifty day moving average is $16.58 and its 200-day moving average is $16.47. The company has a market capitalization of $2.70 billion, a PE ratio of 17.46 and a beta of 0.94.

Gibson Energy (OTCMKTS:GBNXF) last issued its earnings results on Monday, July 29th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.26 by $0.02. Gibson Energy had a net margin of 1.72% and a return on equity of 22.45%. The company had revenue of $2.36 billion for the quarter.

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.