Cal Dive International, Inc. (NYSE:DVR)
CAPS Rating:
The Company is a marine contractor, which provides manned diving, pipelay and pipe burial services to the offshore oil and natural gas industry.
The Company is a marine contractor, which provides manned diving, pipelay and pipe burial services to the offshore oil and natural gas industry.
Recs
It should start being profitable again.
The debt is not too bad. Considering that they kept relatively clean before the shutdown of the gulf I think they have a good chance for a turnaround. If they don't show a profit soon (a couple of quarters), I'll have to dump them.