Gulf Marine Services annual profits grow, FY24 outlook strong

4th Apr 2024 09:43

(Sharecast News) - Energy industry services business Gulf Marine Services said on Thursday that both revenue and profits had grown in 2023.

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Director dealings: Gulf Marine Services director makes share purchase

10th Feb 2023 14:35

(Sharecast News) - Gulf Marine Services revealed on Friday that non-executive director Charbel El Khoury had acquired 500,000 ordinary shares in the London-listed boat operator.

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Director dealings: Gulf Marine Services chairman ups stake

8th Jul 2021 16:32

(Sharecast News) - Gulf Marine Services revealed on Thursday that chairman Mansour Al Alami had acquired 672,200 ordinary shares in the London-listed self-propelled lift boat operator.

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Gulf Marine suspends CEO Summers over severance deal

23rd Nov 2020 08:31

(Sharecast News) - Gulf Marine Services has suspended Chief Executive Tim Summers over a severance agreement he agreed before a boardroom coup.

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Seafox appointees quit Gulf Marine board

7th Oct 2020 11:37

(Sharecast News) - Gulf Marine Services said two directors representing Seafox International had resigned in the latest episode of the conflict between the companies.

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Wednesday broker round-up

3rd Jun 2020 13:56

(Sharecast News) - Johnson Matthey: JP Morgan upgrades to buy.

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Tuesday broker round-up

2nd Jun 2020 14:15

(Sharecast News) - TUI: Berenberg downgrades to sell with a target price of 350p.

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Gulf Marine Services secures two new contracts

3rd Jan 2020 11:27

(Sharecast News) - Gulf Marine Services announced the award of two contracts on Friday, with the first being a seven month contract with options to extend, for a small 'K-class' vessel.

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Heale to step down as chair of Gulf Marine Services

11th Feb 2019 11:56

(Sharecast News) - Self-propelled self-elevating support vessel (SESV) provider Gulf Marine Services updated the market on its governance on Monday, confirming that Simon Heale was to step down as chairman.

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Gulf Marine crashes over banking covenant warning

19th Dec 2018 10:59

(Sharecast News) - Oil industry support business Gulf Marine Services expects full-year trading to be "broadly in line" with its previous guidance despite some mobilisation delays but warned of its ability to repay its debts.

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Gulf Marine Services sees 'clear signs' of oil market recovery

3rd Jan 2017 11:47

(ShareCast News) - Gulf Marine Services has won a new long-term contract award for one of its vessels to support oil drilling activities for a national oil company and said this demonstrated the "clear signs of recovery" in the market. The fully listed company said the new three-year charter for one

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Gulf Marine Services loses two contracts, agrees bigger bank loan

5th Jul 2016 09:50

(ShareCast News) - Gulf Marine Services has cut its earnings guidance for 2016 but arranged a larger bank facility as two contracts were terminated early by clients and a third chose not to take up a contract extension. One contract with a Middle Eastern national oil company for a large, static self

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Wednesday broker round-up

6th Apr 2016 14:37

(ShareCast News) - Electrocomponents: Credit Suisse upgrades to neutral with a target price of 250p. Telecom Plus: Berenberg Bank downgrades to hold, 250p target. Informa: Berenberg Bank maintains hold with a target price of 725p. ITV: Credit Suisse reiterates outperform with a target price of 310

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Gulf Marine Services wins vessel contract in MENA region

28th May 2014 07:24

Support vessels provider Gulf Marine Services (GMS) has signed a contract for one of its small class vessels to support maintenance work for an oil company in the Middle East and North Africa (MENA) region. The 'K-Class' self-propelled self-elevating support vessel (SESV) will begin production in t

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Tuesday broker round-up UPDATE

27th May 2014 09:17

African Minerals: Canaccord Genuity cuts target price from 295p to 230p and maintains a buy recommendation. AG Barr: Investec ups target price from 620p to 645p retaining an add rating. ARM Holdings: Numis increases target price from 880p to 920p keeping a hold recommendation. AVEVA Group: Invest

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