Great Lakes Dredge & Dock Corporation - Common Stock (GLDD)
Frequently Asked Questions About Great Lakes Dredge & Dock Corporation - Common Stock (GLDD)
How can investors learn more about Great Lakes Dredge & Dock Corporation?
Investors can learn more about Great Lakes Dredge & Dock Corporation by visiting the company's official website, where they can access investor relations information, financial reports, press releases, and recent news. Additionally, following the company's stock performance on the Nasdaq exchange and reviewing analyst reports can provide further insights into its market position and growth potential.
How does Great Lakes Dredge & Dock Corporation contribute to disaster recovery?
Great Lakes Dredge & Dock Corporation contributes to disaster recovery by participating in emergency dredging operations and coastal restoration projects following natural disasters such as hurricanes and flooding. By improving waterways and restoring coastal areas, the company helps communities recover and rebuild after catastrophic events.
How does Great Lakes Dredge & Dock Corporation ensure environmental sustainability?
Great Lakes Dredge & Dock Corporation is committed to environmental sustainability by employing best practices in dredging, waste management, and habitat restoration. The company utilizes advanced technology to minimize ecological impacts, conducts environmental assessments for its projects, and actively participates in restoring and preserving marine ecosystems.
How does Great Lakes Dredge & Dock Corporation prioritize safety?
Great Lakes Dredge & Dock Corporation prioritizes safety through comprehensive training programs, strict adherence to safety regulations, and a culture of continuous improvement. The company places the highest importance on the well-being of its employees and partners, implementing robust safety measures to minimize risks during operations.
Is Great Lakes Dredge & Dock Corporation publicly traded?
Yes, Great Lakes Dredge & Dock Corporation is publicly traded on the Nasdaq stock exchange under the ticker symbol GLDD. The company has been listed since 2008 and offers investors a chance to participate in the growth potential of the dredging and marine services market.
What are some recent projects undertaken by Great Lakes Dredge & Dock Corporation?
Recent projects undertaken by Great Lakes Dredge & Dock Corporation include significant dredging operations for major ports, coastal restoration initiatives in response to natural disasters, and land reclamation projects for urban development. These projects exemplify the company's commitment to addressing environmental challenges while supporting critical infrastructure.
What are the financial performance indicators for Great Lakes Dredge & Dock Corporation?
The financial performance indicators for Great Lakes Dredge & Dock Corporation include metrics such as revenue growth, profit margins, backlog of contracts, and earnings before interest, taxes, depreciation, and amortization (EBITDA). These indicators help investors assess the company's financial health and growth potential in the dredging and marine services market.
What are the future growth prospects for Great Lakes Dredge & Dock Corporation?
Future growth prospects for Great Lakes Dredge & Dock Corporation appear positive as the demand for dredging services continues to rise due to infrastructure investment, climate resilience projects, and urban development needs. The company's commitment to innovation and sustainability positions it well to capitalize on emerging opportunities in the dredging and marine services market.
What does Great Lakes Dredge & Dock Corporation do?
Great Lakes Dredge & Dock Corporation is a leading provider of dredging services, specializing in the construction and maintenance of navigable waterways, environmental restoration, and land reclamation projects. The company also offers a wide range of services including high-capacity dredging, marine construction, and coastal protection, making it a vital player in infrastructure development across the United States and internationally.
What industries does Great Lakes Dredge & Dock Corporation serve?
Great Lakes Dredge & Dock Corporation serves various industries, including transportation, maritime, energy, and environmental sectors. Its projects are critical for maintaining waterways for shipping, mitigating coastal erosion, and restoring habitats, thereby contributing to diverse aspects of economic development and environmental sustainability.
What is the importance of dredging in infrastructure development?
Dredging plays a critical role in infrastructure development by maintaining navigable waterways, ensuring safe passage for shipping and transportation, and facilitating access to ports. Additionally, dredging is essential for coastal protection, flood prevention, and land reclamation, thereby supporting economic growth and environmental resilience.
What is the mission of Great Lakes Dredge & Dock Corporation?
The mission of Great Lakes Dredge & Dock Corporation is to deliver high-quality dredging and marine construction services while prioritizing safety, environmental responsibility, and client satisfaction. The company aims to leverage its expertise to contribute to infrastructure improvements and environmental restoration efforts.
What role does community engagement play in Great Lakes Dredge & Dock Corporation's operations?
Community engagement is a vital aspect of Great Lakes Dredge & Dock Corporation's operations. The company strives to cultivate positive relationships with local communities, stakeholders, and regulators by providing information, addressing concerns, and ensuring that its projects align with community needs and environmental priorities.
What technology does Great Lakes Dredge & Dock Corporation use in its operations?
Great Lakes Dredge & Dock Corporation employs state-of-the-art technology in its operations, including advanced dredging equipment, real-time monitoring systems, and environmental assessment tools. This technology enhances efficiency, safety, and effectiveness in executing dredging and marine construction projects.
What trends are currently impacting the dredging industry?
Current trends impacting the dredging industry include increasing investment in infrastructure, climate change adaptation and resilience initiatives, and advancements in technology. These trends are driving demand for dredging services, with a growing focus on sustainability and environmental impacts shaping project planning and execution.
When was Great Lakes Dredge & Dock Corporation founded?
Great Lakes Dredge & Dock Corporation was founded in 1890. Over its long history, the company has evolved from a regional operator into a leading provider of dredging and marine services, adapting to the changing needs of the industry and expanding its capabilities through technological innovations and strategic acquisitions.
Where is Great Lakes Dredge & Dock Corporation headquartered?
Great Lakes Dredge & Dock Corporation is headquartered in Houston, Texas. This central location allows the company to efficiently manage projects across the United States and respond to opportunities in both domestic and international markets.
Who are the competitors of Great Lakes Dredge & Dock Corporation?
Great Lakes Dredge & Dock Corporation faces competition from several companies in the marine construction and dredging industry, including Orion Marine Group, McNally Construction, and Weeks Marine. These companies also provide similar services and compete for contracts within both public and private sectors.
Who leads Great Lakes Dredge & Dock Corporation?
Great Lakes Dredge & Dock Corporation is led by a team of experienced executives with backgrounds in marine construction, project management, and business development. The leadership team is focused on achieving business growth, ensuring operational excellence, and fostering a strong safety and environmental culture within the organization.
What is the current price of Great Lakes Dredge & Dock Corporation - Common Stock?
The current price of Great Lakes Dredge & Dock Corporation - Common Stock is 7.980
When was Great Lakes Dredge & Dock Corporation - Common Stock last traded?
The last trade of Great Lakes Dredge & Dock Corporation - Common Stock was at 2:55 pm EDT on April 4th, 2025
What is the market capitalization of Great Lakes Dredge & Dock Corporation - Common Stock?
The market capitalization of Great Lakes Dredge & Dock Corporation - Common Stock is 530.00M
How many shares of Great Lakes Dredge & Dock Corporation - Common Stock are outstanding?
Great Lakes Dredge & Dock Corporation - Common Stock has 66.42M shares outstanding.