Gibson Energy Inc. (OTCMKTS:GBNXF) Short Interest Update

Gibson Energy Inc. (OTCMKTS:GBNXF) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 3,011,400 shares, a drop of 15.7% from the March 31st total of 3,573,700 shares. Based on an average trading volume of 29,000 shares, the days-to-cover ratio is currently 103.8 days.

Gibson Energy Stock Performance

Shares of OTCMKTS GBNXF traded down $0.05 during trading on Tuesday, reaching $16.47. The stock had a trading volume of 2,075 shares, compared to its average volume of 30,245. The firm’s 50 day moving average price is $16.67 and its two-hundred day moving average price is $15.79. Gibson Energy has a one year low of $13.45 and a one year high of $17.18. The stock has a market cap of $2.68 billion, a PE ratio of 15.88 and a beta of 0.95. 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 (OTCMKTS:GBNXF) last issued its earnings results on Tuesday, February 20th. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.40 billion. On average, research analysts forecast that Gibson Energy will post 1.13 earnings per share for the current fiscal year.

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.