$5.92
-0.17 (-2.79%)
Global Industries, Ltd. (GLBL)
CAPS Rating:
Provides construction services, including pipeline construction, platform installation and removal, construction support, and diving services, to the offshore oil and gas industry in the United States Gulf of Mexico and in selected international areas.
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Fool UK
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A couple of their projects have gone south this year, causing 2 consecutive quarters of losses. But with those projects being completed, better cost management with a new CEO, and new work which is building in Brazil, I see good things coming in the future. They have already hit rock bottom. I smell come back.