Gulf Island Completes Sale of Texas North Yard
Gulf Island Fabrication, Inc. (GIFI)
US:NASDAQ Investor Relations:
ir.gulfisland.com
Company Research
Source: GlobeNewswire
HOUSTON, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), announced today that on November 15, 2018, the Company completed the sale of its North Yard facilities in Aransas Pass, Texas and certain associated equipment for $28 million. Kirk J. Meche, President and CEO of Gulf Island, stated, “The sale of the Texas North Yard is complete and is consistent with the timeline and proceeds previously announced in September of this year. The sale proceeds provide us with greater flexibility as we continue to strategically reposition ourselves to more diversified markets and customers. We continue to market our remaining assets held for sale.” Gulf Island is a leading fabricator of complex steel structures, modules and marine vessels used in energy extraction and production, petrochemical and industrial facilities, power generation, alternative energy and shipping and marine transportation operations. The Company also provi
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GIFI
News
- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Institutional investors control 54% of Gulf Island Fabrication, Inc. (NASDAQ:GIFI) and were rewarded last week after stock increased 30% [Yahoo! Finance]Yahoo! Finance
- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) was upgraded by analysts at Johnson Rice from a "hold" rating to an "accumulate" rating.MarketBeat
- Gulf Island Fabrication Inc Reports Strong Fourth Quarter Amidst Full Year Challenges [Yahoo! Finance]Yahoo! Finance
- Gulf Island Reports Fourth Quarter and Full Year 2023 ResultsGlobeNewswire
GIFI
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEF
- 4/3/24 - Form 4
- GIFI's page on the SEC website