Wednesday, April 23, 2014

Seeking Alpha: GulfMark Looking At Short-Term Worries And Long-Term Opportunities

GulfMark Offshore (GLF) has a high-quality, high-spec modern marine vessel fleet, but investors presently seem more concerned about the risks of delays in new rig deployments in the Gulf of Mexico than the opportunities offered by higher utilization and dayrates in the North Sea and GoM in the coming years. GulfMark isn't hands down a screaming bargain today, but I believe the current market conditions support a bullish outlook for profit and cash flow generation over the next couple of years.

Follow this link to continue:
GulfMark Looking At Short-Term Worries And Long-Term Opportunities

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