GIFI - Gulf Island Fabrication, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Gulf Island Fabrication, Inc.

16225 Park Ten Place
Suite 300
Houston, TX 77084
United States
713-714-6100
http://www.gulfisland.com

SectorEnergy
IndustryOil & Gas Equipment & Services
Full Time Employees875

Key Executives

NameTitlePayExercisedYear Born
Mr. Kirk J. MechePres, CEO & Director599.31kN/A1963
Mr. Westley S. StocktonExec. VP & CFO183.71kN/A1971
Mr. Roy P. FrancisExec. VPN/AN/AN/A
Mr. Christian G. VaccariExec. VP of Shipyard DivisionN/AN/A1955
Mr. Francis A. Smith Jr.Chief Exec. Officer of Gulf Marine Fabricators and Pres of Gulf Marine FabricatorsN/AN/A1950
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures, modules, and marine vessels in the United States. It operates through in segments: Fabrication, Shipyard, Services, and EPC. The Fabrication segment fabricates modules for petrochemical and industrial facilities, foundations for alternative energy developments, and other steel structures. It also fabricates offshore drilling and production platforms, and other offshore structures for customers in the oil and gas industry, including jackets and deck sections of fixed production platforms, hull, tendon, and/or deck sections of floating production platforms, piles, wellhead protectors, and subsea templates, as well as various production, compressor, and utility modules with pressure vessels. The Shipyard segment fabricates newbuild vessels, such as offshore support and multi-purpose service vessels, research and salvage vessels, tug boats, towboats, barges, drydocks, anchor handling vessels, lift boats, and other marine vessels. It also performs steel repair, blasting, painting, electrical systems repair, and machinery and piping system repairs; and propeller, shaft, and rudder reconditioning services. In addition, this segment performs conversion projects that include lengthening vessels, modifying vessels to permit their use for various activities, and other modifications to vessels. The Services segment provides interconnect piping and related services for offshore platforms and inland structures; contracts services for various on-site construction and maintenance activities to the oil and gas companies; and fabricates packaged skid units and performs various civil and drainage projects, such as pump stations, levee reinforcement, bulkheads, and other work for state and local governments. The EPC segment offers pricing, planning and scheduling for the SeaOne project. The company was founded in 1985 and is headquartered in Houston, Texas.

Corporate Governance

Gulf Island Fabrication, Inc.’s ISS Governance QualityScore as of July 29, 2019 is 4. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 4; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.