| Gulf Island Fabrication is a fabricator of steel structures, modules and marine vessels. Co.'s operating divisions include: Fabrication, which fabricates modules and piping systems for onshore refining, petrochemical, liquified natural gas and industrial facilities; Shipyard, which fabricates newbuild marine vessels, including offshore support vessels, multi-purpose service vessels, research vessels, tugboats, salvage vessels, towboats, drydocks, anchor handling vessels and lift boats; and Services, which provides services on offshore platforms, including welding, interconnect piping and other services required to connect production equipment and service modules and equipment on a platform. We show 43 historical shares outstanding datapoints in our GIFI shares outstanding history coverage, used to compute GIFI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GIFI market cap history over the course of time is important for investors
interested in comparing GIFI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of GIFI versus a peer is one thing; comparing
GIFI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like GIFI can fluctuate over the course of history.
With this page we aim to empower investors researching GIFI by allowing them to research the GIFI market cap history.