Gulf Island Fabrication Inc.  (GIFI) Trade Now »     Rate GIFI  -  Discuss GIFI  -  Add to Watch List        

Gulf Island Fabrication, Inc. (GIFI), a manufacturer of drilling and production platforms and other specialized structures for the oil and gas industry, is a double play as it offers investors both value and growth. Last week, it reported quarterly results above consensus expectations with EPS at $0.83 vs. $0.77 estimates and $0.55 last year; and revenue at $117.9mm vs. $116.25mm estimates and $137.6mm last year. Going forward, GIFI expects 2008 revenues at $144.9mm and 2009 revenues at 292.8mm.  Gulf Island Fabrication trades at a forward P/E of 14.39 and a PEG ratio at 0.81 while averagin

Those services include the production of offshore and inshore platforms, living quarters, electrical buildings, process vessels, as well as painting and sandblasting of existing structures, offshore hookups and vessel repair.

Gulf Island Fabrication Beats Wall Street Estimates by 80.77%

On Apr 23, Gulf Island reported first-quarter earnings that surprised on estimates by 80.77%, or 42 cents per share. Net