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GLDD benefits from the need to keep the natural movements of sand in check.Īs an update to my Aug 2020 commentary titled, Great Lakes Dredge & Dock: The Ry-Cooder of Infrastructure Stocks, below is listed the most recent 9-mo 2020 revenues by project groupings from their recent press release and 3-yr average market share from their most recent investor presentation. Just as certain as the sunrises every morning, the movement of the seabed and erosion of beaches is a perpetual process which requires consistent attention. Usually separated into inland and ocean/coastal projects, GLDD specializes in ocean projects of harbor deepening, shipping channel maintenance, and coastal restoration. While a seemingly simple process of moving the seabed from one place to another, dredging is a complex and critical service. Great Lake Dredge & Dock is the oldest and largest dredging company in the US with substantial market share and limited competition. With extraordinarily few Wall Street followers, GLDD remains an unfound and value-priced stock, ripe to continue its bull run into 2021. He admires construction projects that finish on time and budget, compensate all team members fairly and record zero fatalities or serious injuries.Great Lakes Dredge & Dock ( GLDD) is a small-cap infrastructure stock that is much akin to the theme song from the 1960s TV show “Rawhide.” Like the little ‘doggies’ on the cattle drive, Great Lake Dredge & Dock just keep rollin’ along. Richard's freelance writing has appeared in the Seattle Times, the New York Times, Business Week and the websites of The Atlantic and. A member of Investigative Reporters and Editors, Richard has been a fellow on drone safety with the McGraw Center for Business Journalism at the Craig Newmark Graduate School of Journalism at CUNY. According to Great Lakes Dredge & Dock Corp.s latest financial reports the companys current revenue (TTM) is 0.61 B. In 2023 the American Society of Business Publication Editors awarded Richard the Stephen Barr Award, the highest honor for a single feature story or investigation, for his story on the aftermath of a terrible auto crash in Kentucky in 2019, and in 2015 the American Business Media awarded him the Timothy White Award for investigations of surety fraud and workplace bullying. Deputy Editor Richard Korman helps run ENR's business and legal news and investigations, selects ENR's commentary and oversees editorial content on ENR.com. Manually entering a FreeCell game number from the side Menu, “Game Options”įor step-by-step instructions on how to use Solitaire Solver, see this article.It is not available to use in the following game types: NOTE: Solver is only available in Classic game modes (Klondike, Spider, FreeCell, Pyramid, TriPeaks). 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