Last $28.01 USD
Change Today -0.55 / -1.93%
Volume 665.0K
GLF On Other Exchanges
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As of 8:04 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

gulfmark offshore inc-cl a (GLF) Snapshot

Open
$28.53
Previous Close
$28.56
Day High
$28.65
Day Low
$27.77
52 Week High
10/25/13 - $52.39
52 Week Low
10/15/14 - $27.42
Market Cap
737.7M
Average Volume 10 Days
778.2K
EPS TTM
$3.17
Shares Outstanding
26.3M
EX-Date
09/16/14
P/E TM
8.8x
Dividend
$1.00
Dividend Yield
3.57%
Current Stock Chart for GULFMARK OFFSHORE INC-CL A (GLF)

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gulfmark offshore inc-cl a (GLF) Details

GulfMark Offshore Inc. runs a worldwide fleet of vessels offering marine specialty services to offshore oil and natural gas drilling rigs and platforms. Its fleet of 59 vessels transports materials, supplies, and personnel; tows drilling structures and provides other support during construction; handles anchors, and offers standby rescue. GulfMark Offshore operates in the North Sea, the Mediterranean, off Southeast Asia, Brazil, India, Mexico, and Africa. The Houston-based company was founded in 1996.

2,000 Employees
Last Reported Date: 02/25/14
Founded in 1996

gulfmark offshore inc-cl a (GLF) Top Compensated Officers

Chief Executive Officer, President, Treasurer...
Total Annual Compensation: $431.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $188.9K
Chief Operating Officer and Senior Executive ...
Total Annual Compensation: $350.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $261.2K
Chief Accounting Officer, Senior Vice Preside...
Total Annual Compensation: $227.1K
Compensation as of Fiscal Year 2013.

gulfmark offshore inc-cl a (GLF) Key Developments

Gulfmark Offshore, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Updates Revenue Guidance for the Fourth Quarter and Fiscal Year 2014; Provides Revenue Outlook for the Fiscal Year 2015

Gulfmark Offshore, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the revenue was $128.7 million, and net income was $24.3 million, or $0.92 per diluted share against revenue of $121.80 million and net income of $32.29 million or $1.23 per diluted share reported last year. Operating income was $34.79 million against $40.38 million a year ago. Income before income taxes was $25.14 million against $34.71 million a year ago. Cash flow from operating activities was $55.83 million against $45.583 million a year ago. Capital expenditures during the third quarter totaled $20.9 million, which included $7.7 million of payments on the construction of new vessels and $13.2 million for vessel enhancements and other capital expenditures. Total debt at September 30, 2014, was $519.0 million, and debt net of cash was $486.3 million. Included in the quarterly results were three special items, discussed further below, that totaled $0.17 per diluted share. Earnings before these special items were $0.75 per diluted share. For the nine months, the company reported revenue of $121.80 million against $330.038 million a year ago. Operating income was $80.93 million against $66.381 million a year ago. Income before income taxes was $58.66 million against $48.73 million a year ago. Net income was $55.1 million against $45.02 million a year ago. Diluted earnings per share were $20.09 against $1.72 a year ago. Cash flow from operating activities was $105.31 million against $57.794 million a year ago. The company is revising its annual revenue guidance to be between $490 and $495 million for the full-year 2014, and to be between $110 and $115 million for the upcoming fourth quarter. For the fiscal year 2015, the company expects revenue in between $480 and $530 million. Total CapEx for the remainder of the year will be approximately $28 million, of which $19 million relates to its new build CapEx. The company has approximately $73 million of planned CapEx for 2015 and nothing right now for 2016.

Gulfmark Offshore, Inc. to Report Q3, 2014 Results on Oct 21, 2014

Gulfmark Offshore, Inc. announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Oct 21, 2014

Gulfmark Offshore, Inc., Q3 2014 Earnings Call, Oct 21, 2014

Gulfmark Offshore, Inc., Q3 2014 Earnings Call, Oct 21, 2014

 

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GLF Competitors

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Industry Analysis

GLF

Industry Average

Valuation GLF Industry Range
Price/Earnings 9.2x
Price/Sales 1.5x
Price/Book 0.7x
Price/Cash Flow 4.8x
TEV/Sales 0.4x
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