Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - General Maritime Corp. (NYSE:GMR)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | Msgs | Insider
Recent Events
Aug  8Earnings Announcement
July 26Price hit new 52-week low ($10.40)
Location
35 West 56th Street
New York, NY 10019
Phone: (212) 763-5600
Fax: (212) 736-5602
Employees (last reported count): 80
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Transportation
 ·Industry: Water Transportation
Related Links
 ·Search Yahoo! for related links...
Ownership
·Insider and 5%+ Owners: 10%
·Institutional: 23% (25% of float)
(34 institutions)
·Net Inst. Buying: 8.36M shares (+50.00%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
General Maritime Corporation is a provider of international crude oil transportation services within the Atlantic Basin, with one of the largest fleets of Aframax tankers and Suezmax tankers in that market. Vessels operating in the Atlantic Basin primarily serve the U.S. oil market. The Company's fleet consists of 20 vessels (15 Aframax and five Suezmax tankers) with a total cargo capacity of more than 2.1 million dwt (dead-weight tons). Of the 20 tankers, 17 operate in the Atlantic Basin. The remaining three tankers, given their ages, currently operate outside the Atlantic Basin. The average age of the Company's Aframax tankers that currently operate in the Atlantic Basin is approximately 8.9 years, compared to an average age for the world Aframax tanker fleet of approximately 11.5 years. On the same basis, the average age of the Company's Suezmax tankers that operate in the Atlantic Basin is 9.8 years, compared to an average age for the world Suezmax tanker fleet of 12 years.
More from Market Guide: Expanded Business Description

Financial Summary
General Maritime Corp. is a provider of international transportation services of seaborne crude oil within the Atlantic Basin. GMR's fleet is comprised of both Aframax and Suezmax tankers. For the six months ended 6/30/01, revenues rose 84% to $88.9 million. Net income before extraordinary items totalled $32.7 million, up from $6.2 million. Revenues reflect the growth of the Company's fleet and increased tanker rates. Earnings reflect decreased interest rates on the outstanding debt.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY1999 Pay

Peter Georgiopoulos, 39
Chairman, CEO
$115K
John Tavlarios, 39
Pres, COO, Director
120K
James Christodoulou, 40
CFO, VP, Sec.
--  
John Georgiopoulos, 37
VP, CAO, Treasurer
--  
John Mortsakis, 54
VP-Technical Operations
--  
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:GMRAs of 31-Aug-2001
Price and Volume
52-Week Low
on 26-July-2001
$10.40 
Recent Price$13.17 
52-Week High
on 12-June-2001
$18.04 
Daily Volume (10-day avg)31.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y]
4-Week Change+11.6%
4-Week Change
relative to S&P500
+19.6%
Share-Related Items
Market Capitalization$487.3M
Shares Outstanding37.0M
Float33.3M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$13.04 
Earnings (ttm)$1.69 
Earnings (mrq)$0.45 
Sales (ttm)$5.25 
Cash (mrq)$2.01 
Valuation Ratios
Price/Book (mrq)1.01 
Price/Earnings (ttm)7.81 
Price/Sales (ttm)2.51 
Income Statements
Sales (ttm)$172.6M
EBITDA (ttm)$104.5M
Income available to common (ttm)$56.8M
Profitability
Profit Margin (ttm)32.9%
Operating Margin (ttm)44.2%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)10.62%
Return on Equity (ttm)19.43%
Financial Strength
Current Ratio (mrq)1.26 
Debt/Equity (mrq)0.48 
Total Cash (mrq)$74.3M
Short Interest
As of 8-Aug-2001
Shares Short32.0K
Percent of Float0.1%
Shares Short
(Prior Month)
1.33M
Short Ratio0.52 
Daily Volume62.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Some event data provided by CCBN. Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.