Orion Marine (ORN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
GM pivots its Orion plant back to gas models and restructures EV operations as shifting demand and regulations reshape its strategy.
Orion Marine Group (ORN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
| Construction & Engineering Industry | Industrials Sector | Travis J. Boone CEO | NYSE Exchange | 68628V308 CUSIP |
| US Country | 1,767 Employees | - Last Dividend | 21 Dec 2012 Last Split | 20 Dec 2007 IPO Date |
Orion Group Holdings, Inc. is recognized as a leading specialty construction company, engaging in a multitude of projects across the building, industrial, and infrastructure sectors. With operations extending through the United States, including Alaska and Hawaii, as well as Canada and the Caribbean Basin, the company showcases a broad geographic presence. Established in 1994 and headquartered in Houston, Texas, Orion operates through two key segments: Marine and Concrete. Its diverse service offering caters to a wide range of construction needs within these sectors, demonstrating the company’s versatility and commitment to addressing complex construction challenges.
Orion Group Holdings, Inc offers an array of marine construction services including the building, restoration, maintenance, and repair of various marine transportation facilities and pipelines, bridges, causeways, and marine environmental structures. Projects span from enhancing cruise ship port facilities, navy terminals, marinas, and docks, to the building and rehabilitation of public port facilities designed for container ship operations.
The company provides ongoing maintenance, repair, inspection, and emergency repair services, including demolition and salvage operations for marine structures. This ensures the longevity and safety of marine infrastructure, catering to both public and private sector needs.
These services cover the installation and removal of underwater pipeline transmission lines, construction of pipeline intakes and outfalls for various industrial requirements, execution of river crossings, directional drilling, and provision of hot taps and tie-ins. Additionally, Orion offers inspection, maintenance, and repair services for these pipeline structures.
Orion's capabilities extend to the construction, repair, and maintenance of overwater bridges and causeways. The company specializes in developing fendering systems in marine environments to enhance the safety and durability of these vital structures.
The company’s specialty services encompass a wide range, including design, salvage, demolition, surveying, towing, diving and underwater inspection, excavation, and repair services. These offerings cater to niche market needs and support the more extensive construction projects Orion undertakes.
Orion Group Holdings, Inc. is also proficient in elevated concrete pouring procedures for columns, elevated beams, and structural walls. This service is critical for the construction of resilient and durable buildings and infrastructure elements.
The company's concrete segment offers light commercial services that include the construction of slabs, sidewalks, ramps, and tilt walls. This demonstrates Orion’s capability in tackling both heavy industrial projects and lighter, commercial construction tasks.