GLBL Global Industries, Ltd. featured news, full reports, and detailed charts
Global Industries, Ltd. (GLBL) Wrap Up:
We provide worldwide construction and subsea services including pipeline construction, platform installation and removal, project management, construction support, diving services, diverless intervention, and marine support services to the offshore oil and gas industry primarily in selected international areas and the United States Gulf of Mexico. Unless the context indicates otherwise, all references to “we,” “us,” “our,” or “the Company” refer to Global Industries, Ltd. and its consolidated subsidiaries. Segments of Business Our worldwide business is divided into six reportable segments: Gulf of Mexico Offshore Construction Division, Gulf of Mexico Subsea, Latin America, West Africa, Middle East (including the Mediterranean), and Asia Pacific/India. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f26%2f0000950129-08-001191.html#FIS_BUSINESS"www.globalind.com
3,863 Employees
Founded in 1973
Global Industries Ltd. (GLBL:NASDAQ)
LAST $5.89 USD
CHANGE TODAY -0.12 -2.00%
VOLUME 1.6M
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Global Industries Ltd. (GLBL)
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OPEN
$5.93
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PREVIOUS CLOSE
$6.01
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DAY HIGH
$6.06
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DAY LOW
$5.85
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52 WEEK HIGH
09/16/09 - $10.77
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52 WEEK LOW
11/20/08 - $2.09
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MARKET CAP
670.7M
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AVERAGE VOLUME 3 mo
2.1M
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DILUTED EPS TTM
$0.44
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SHARES OUTSTANDING
113.9M
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GLBL Does Not Pay Dividends
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P/E TTM
13.3x
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related news
U.S. Oil, Imported Workers
08/04/2008 12:01 AM ET
Oil staffing and service companies are accused of illegally employing non-U.S. workers on rigs in the Gulf of Mexico—and displacing American workers
GLBL Top Compensated Officers
Mr. Peter S. Atkinson
President
Age: 61
Total Annual Compensation: $410.0K
Mr. Jeffrey B. Levos
Chief Financial Officer and Senior Vice Presi...
Age: 48
Total Annual Compensation: $164.6K
Mr. James J. Dor
Senior Vice President of North America and Wo...
Age: 54
Total Annual Compensation: $327.0K
Mr. Byron W. Baker
Senior Vice President of Worldwide Fleet Oper...
Age: 52
Total Annual Compensation: $260.0K
Mr. Russell J. Robicheaux
Chief Administrative Officer, Secretary and G...
Age: 60
Total Annual Compensation: $255.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Global Industries Ltd. (GLBL)
Global Industries Ltd. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009; Records Impairments for the Third Quarter Ended September 30, 2009
11/4/2009
Global Industries Ltd. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. The company reported revenues of $203.7 million for the third quarter of 2009 compared to $218.6 million in the third quarter of 2008. Net income was $14.0 million, or $0.12 per diluted share, for the third quarter of 2009 compared to a loss of $103.1 million, or $0.90 per diluted share, in the third quarter of 2008. The company reported operating income of $20.5 million and income before taxes of $18.2 million compared to operating loss of $115.94 million and loss before taxes of $118.4 million for the same period last year. For the nine months, the company reported net income of $79 million or $0.69 diluted per share on the revenue of $768 million compared to net loss of $91.1 million or $0.80 diluted per share on the revenue of $820.6 million for the same period last year. The company reported operating income of $103 million and income before taxes of $101.2 million compared to operating loss of $99.8 million and loss before taxes of $101.5 million for the same period last year. The company reported gain on asset disposals and impairments for the third quarter of 2009 was $0.274 million compared to $1.64 million for the same period last year.
Global Industries Ltd. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 20, 2009).
10/20/2009
Global Industries Ltd. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 20, 2009).
Global Industries Ltd., Q3 2009 Earnings Call, Nov--05-2009
10/19/2009
Global Industries Ltd., Q3 2009 Earnings Call, Nov-05-2009
GLBL Competitors
| Company | Last | Change |
| Cal Dive International Inc | $7.34 USD | -0.16 |
| Complete Production Services Inc | $9.40 USD | -0.03 |
| Key Energy Services Inc | $7.65 USD | -0.25 |
| Tetra Technologies Inc | $9.98 USD | -0.13 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | GLBL | Industry Range |
| Price/Earnings | 12.8x |
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| Price/Sales | 0.7x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | 12.7x |
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| TEV/Sales | NM | Not Meaningful |
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GLBL |
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GLBL transactions
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| No transactions in the last 6 months. | ||
More Recent News About Global Industries, Ltd.
More news for GLBL
SmallCapSentinel.com: On to Tunisia
LAS VEGAS, Oct. 27, 2009 (GLOBE NEWSWIRE) -- Over the past few months, AmeraMex International, Inc. (Pink Sheets:AMMX - News) has asserted itself as a company with a global reach, exploring new markets and gaining steam in areas that are often difficult to penetrate. A brief review of its news feed affirms as much including a release today which details the ongoing negotiation with a private company that appears to be the much needed part to AmeraMex construction projects in Tunisia and Algeria. AmeraMex has already made news regarding its efforts in Ghana and Nigeria but the proposed partnership is something different and expanded. In reading the release, it appears that the addition of San Francisco-based Marchetti Construction, a firm with a collective 100 years of construction experience, gives AmeraMex a partner it needs to bid on lucrative projects in the area. The agreement between AmeraMex, Marchetti and the Algerian partner is expected to be finalized by year end, infusing an active AmeraMex with even more momentum in its progress in creating a prosperous new market in an enormous Africa. A report focusing on AmeraMex International Inc. (Pink Sheets:AMMX - News...Click here to read the whole Article (external link)
Webcast Alert: Global Industries, Ltd. Schedules Press Release and Conference Call on Operating Results for Third Quarter Ended September 30, 2009
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Webcast Alert: Global Industries, Ltd. Schedules Press Release and Conference Call on Operating Results for Third Quarter Ended September 30, 2009
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Global Industries, Ltd. Announces Results for the Third Quarter of 2009
CARLYSS, La., Nov. 4 /PRNewswire-FirstCall/ -- Global Industries, Ltd. (Nasdaq: GLBL - News) announced revenues of $203.7 million for the third quarter of 2009 compared to $218.6 million in the third quarter of 2008. Net income was $14.0 million, or $0.12 per diluted share, for the third quarter of 2009 compared to a loss of $103.1 million, or $0.90 per diluted share, in the third quarter of 2008. Commenting on the third quarter results, Chairman and Chief Executive Officer John A. Clerico stated, "Despite a significant reduction in revenue from the second quarter of 2009, we were able to generate positive results for the third quarter as we continued to focus on efficient project execution and cost management. Our cash position remains strong at $380 million. We are working hard to secure as many new projects as possible by developing effective and cost-competitive solutions for customers."During the third quarter of 2009, our Company booked $135.7 million of new work resulting in a backlog of $147.6 million as of September 30, 2009. This compares to a backlog of $397.2 million at September 30, 2008. Commenting on the backlog results, John Clerico stated, "Due to continued delays and postponements of new offshore oil and gas development projects, especially in Latin America, our backlog is at its lowest level for some time. We expect industry conditions to remain difficult for the next several quarters. We are, however, beginning to see a number of potential projects emerge which will commence in late 2010 and beyond. ...Click here to read the whole Article (external link)
Q3 2009 Global Industries Earnings Release - After Market Close
Earnings Announcements for Wednesday, November 4CompanySymbolTimeConferenceCall99 CENTS OnlyNDNAfter Market CloseAdept TechnologyADEPAfter Market CloseAffymax, Inc.AFFYBefore Market OpenAgilysys, Inc.AGYSBefore Market OpenAgrium Inc.AGUBefore Market OpenListenAlamo GroupALGAfter Market CloseALGOMA CENTRAL CORPALC.TOTime Not SuppliedALLIANCE BANKSHARES CORPABVAAfter Market CloseAllied Motion Technologies, Inc.AMOTTime Not SuppliedListenAlmost FamilyAFAMBefore Market OpenAlnylam PharmaceuticalsALNYAfter Market CloseListenAlon USA Energy Inc.ALJAfter Market CloseAlterian plcALN.LTime Not SuppliedAlvarionALVRBefore Market OpenListenAmbac Financial GroupABK08:30 am ETListenAmbassadors International, Inc.AMIEAfter Market CloseAmdocs LimitedDOX...Click here to read the whole Article (external link)
GLOBAL INDUSTRIES LTD Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh
Show all filings for GLOBAL INDUSTRIES LTD | Request a Trial to NEW EDGAR Online Pro Form 8-K for GLOBAL INDUSTRIES LTD 5-Nov-2009Results of Operations and Financial Condition, Financial Statements and Exh Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provi...Click here to read the whole Article (external link)
New Star Analyst Rankings for Global Industries, Ltd.
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
GLOBAL INDUSTRIES LTD Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue203,718 294,827 269,465 250,429 Cost of Revenue163,855 229,656 224,098 237,330 Gross Profit39,863 65,171 45,367 13,099 Operating ExpensesResearch Development - - - - Selling General and Administrative19,075 16,689 19,871 21,925 Non Recurring8,523 (3,715)(4,808)1,228 Others - - - - Total Operating Expenses - - - - Operating Income or Loss20,514 52,197 30,304 (10,054)Income from Continuing OperationsTotal Other Income/Expenses Net8,660 5,110 2,652 2,993 Earnings Before Interest And Taxes20,925 57,307 32,956 (7,061)Interest Expense2,756 3,729 3,493 3,650 Income Before Tax18,169 53,578 29,463 (10,711)Income Tax Expense4,151 7,645 10,432 17,213 Minority Interest - - - - Net Income From Continuing Ops14,018 45,933 19,031 (27,924)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Account...Click here to read the whole Article (external link)
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