Gulf Island Fabrication Inc. Buy GIFI in a Jiffy. Gulf Island's competitive advantages are strong indicators for earnings growth and bode well for stock price performance in 2001. Buy Projected increases in new drilling activity will lead to higher demand for oil field fabrication services.
Low backlog leaves room for Gulf Island to take on numerous high-profit projects.
High operating margin and lack of debt separates Gulf Island from its competitors. MinDOC design development gives Gulf Island access to growth opportunities in the deepwater markets. Gulf Island is a leading manufacturer and refurbisher of platforms for offshore oil and gas drilling companies. Gulf Island has developed the MinDOC concept to compete in increasingly lucrative deepwater drilling areas. Please read it.