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Gulf Island Fabrication Inc   (GIFI)
Other Ticker:  
 
 
Price: $7.1500 $0.32 4.685%
Day's High: $7.25 Week Perf: 4.69 %
Day's Low: $ 6.65 30 Day Perf: 54.43 %
Volume (M): 214 52 Wk High: $ 7.37
Volume (M$): $ 1,528 52 Wk Avg: $3.88
Open: $6.72 52 Wk Low: $2.95



 Market Capitalization (Millions $) 116
 Shares Outstanding (Millions) 16
 Employees 1,178
 Revenues (TTM) (Millions $) 143
 Net Income (TTM) (Millions $) -31
 Cash Flow (TTM) (Millions $) -28
 Capital Exp. (TTM) (Millions $) 5

Gulf Island Fabrication Inc

Gulf Island Fabrication, Inc., and together with its subsidiaries, is a leading fabricator of complex steel structures and marine vessels used in energy extraction and production, petrochemical and industrial facilities, power generation and alternative energy projects and shipping and marine transportation operations. We also provide related installation, hookup, commissioning, repair and maintenance services with specialized crews and integrated project management capabilities. We are currently fabricating complex modules for the construction of a new petrochemical plant, completing newbuild construction of two technologically advanced offshore support and two multi-purpose service vessels and recently fabricated wind turbine pedestals for the first offshore wind power project in the United States. We also constructed one of the largest liftboats servicing the Gulf of Mexico ("GOM"), one of the deepest production jackets in the GOM and the first SPAR fabricated in the United States. Our customers include U.S. and, to a lesser extent, international energy producers, petrochemical, industrial, power and marine operators. Our corporate headquarters is located in Houston, Texas, with fabrication facilities located in Houma, Jennings and Lake Charles, Louisiana, and Aransas Pass and Ingleside, Texas.

Our Fabrication division primarily fabricates structures such as offshore drilling and production platforms and other steel structures for customers in the oil and gas industry including jackets and deck sections of fixed production platforms, hull, tendon, and/or deck sections of floating production platforms (such as TLPs, SPARs, FPSOs and MinDOCs), piles, wellhead protectors, subsea templates, and various production, compressor, and utility modules along with pressure vessels.

Our Shipyards division primarily manufactures newbuild and repairs various steel marine vessels in the United States including offshore supply vessels, anchor handling vessels and liftboats to support the construction and ongoing operation of offshore oil and gas production platforms, tug boats, towboats, barges and other marine vessels. We also construct dry docks to lift marine vessels out of the water. Our marine repair activities include steel repair, blasting and painting services, electrical systems repair, machinery and piping system repairs, and propeller, shaft, and rudder reconditioning.

Our Services division primarily provides interconnect piping services on offshore platforms and inshore structures along with onshore and offshore scaffolding and piping insulation services. Interconnect piping services involve sending employee crews to offshore platforms in the Gulf of Mexico to perform welding and other activities required to connect production equipment, service modules and other equipment on a platform. We also contract with oil and gas companies that have platforms and other structures located in the inland lakes and bays throughout the southeastern United States for various on-site construction and maintenance activities. In addition, our Services division fabricates packaged skid units and provides various municipal and drainage projects, such as pump stations, levee reinforcement, bulkheads and other public works projects for state and local governments.



   Company Address: 2170 Buckthorne Place The woodlands 77380 TX
   Company Phone Number: 714-6100   Stock Exchange / Ticker: NASDAQ GIFI
   GIFI is expected to report next financial results on March 27, 2024.


Customers Net Income grew by GIFI's Customers Net Profit Margin grew to

350.74 %

8.79 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
GD        1.07% 
HII        0.15% 
MTW   -1.97%    
NOC        0.77% 
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Shares

Gulf Island Fabrication Announces Share Repurchase Program to Enhance Shareholder Value

Published Mon, Dec 4 2023 1:45 PM UTC


In a recent press release, Gulf Island Fabrication, Inc. (NASDAQ: GIFI), a prominent steel fabricator and service provider to the industrial and energy sectors, has unveiled its decision to initiate a share repurchase program. The company's Board of Directors has approved this program, allowing the repurchase of up to $5.0 million of Gulf Island's outstanding common sto...

Contract

Gulf Island Fabrication: Navigating Challenges Amid Revenue Decline and Stockpile Pressures

Published Wed, Nov 29 2023 2:02 PM UTC



Gulf Island Fabrication, Inc. (Gulf Island), a well-known steel fabricator and service provider to the industrial and energy sectors, has recently been awarded multiple subsea fabrication projects. This comes as good news for the company, which has been striving to overcome certain challenges in its financial performance.
In the third quarter of 2023, Gulf Isla...

Gulf Island Fabrication Inc

Gulf Island Fabrication Inc faces unprecedented challenges in a turbulent financial quarter ending Sep 30, 2023

Gulf Island Fabrication Inc, a leading steel fabricator and service provider to the industrial and energy sectors, has recently experienced a decline in its stock performance. Over the last five trading days, the company's stock dropped by -0.75%, bringing the year-to-date performance to -20.08%. Despite this decline, Gulf Island Fabrication's stock is currently trading on the NASDAQ at a 1.1% premium above its 52-week average.
In terms of financial results, the company reported a loss of $-2.04 per share for the third quarter of 2023, compared to earnings of $0.04 per share in the same period the previous year. Earnings per share also fell from $0.07 in the prior quarter. Additionally, the company's revenue experienced a significant decline of -89.592%, dropping to $4.12 million from $39.59 million in the same quarter of the previous year. Sequentially, the revenue tumbled by -89.291%, falling from $38.48 million. This decline in revenue contrasts with the remainder of the Miscellaneous Fabricated Products sector, which posted a revenue gain in the third quarter of 2023.

Gulf Island Fabrication Inc

Gulf Island Fabrication Inc. achieves extraordinary revenue growth and profit margin surge, marking a remarkable financial triumph closing June 30, 2023

Gulf Island Fabrication Inc. Sees Revenue Growth and Profit Margin Increase in Q2 2023
Houston, TX-- Gulf Island Fabrication Inc., a leading provider of Miscellaneous Fabricated Products, has reported impressive financial results for the fiscal three months ending June 30, 2023. The company experienced a 7.183% increase in revenue, reaching $38.48 million compared to $35.90 million in the same period last year.
In addition to the revenue growth, Gulf Island Fabrication Inc. achieved an outstanding earnings increase of 133.33%, with earnings per share (EPS) rising from $0.03 to $0.07. This growth indicates a positive trend for the company in terms of profitability.






 

Gulf Island Fabrication Inc's Segments
 
 
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