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Gibson Energy (Gibson Energy) 6-Month Price Index : 1.09 (As of Apr. 29, 2024)


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What is Gibson Energy 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-29), Gibson Energy's 6-Month Price Index is 1.09.

Competitive Comparison of Gibson Energy's 6-Month Price Index

For the Oil & Gas Midstream subindustry, Gibson Energy's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gibson Energy  (OTCPK:GBNXF) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gibson Energy  (OTCPK:GBNXF) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Gibson Energy 6-Month Price Index Related Terms

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Gibson Energy (Gibson Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gibson Energy Inc (OTCPK:GBNXF) » Definitions » 6-Month Price Index
Comparable Companies
TSX:TPZ TSX:TWM TSXV:SRR TSX:ALA TSX:KEY TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP TRGP TSX:PPL MIC:TRNFP PAA WES
Traded in Other Exchanges
8GB:Germany GEI:Canada
Address
440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9
Website
https://www.gibsonenergy.com
Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.