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Last C$0.35 CAD
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GKX On Other Exchanges
As of 3:33 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

gemini corporation (GKX) Snapshot

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05/14/14 - C$0.90
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gemini corporation (GKX) Details

Gemini Corporation, a professional services company, engages in designing, building, and maintaining energy and industrial facilities in Western Canada and internationally. It operates in two segments, Field Solutions and Engineered Solutions. The Field Solutions segment provides construction, fabrication and sustaining project services, as well as installation and facility maintenance services for greenfield and brownfield projects. This segment offers its services through tradespeople engaged in the physical construction of oil and gas facilities. The Engineered Solutions segment provides design, engineering, procurement, project management, regulatory, and environmental services through professional engineers and other staff. The company principally serves midstream oil and gas, in-situ heavy oil, oil and gas production, and oil and gas processing. Gemini Corporation was founded in 1982 and is headquartered in Calgary, Canada.

Founded in 1982

gemini corporation (GKX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$356.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$280.0K
Vice President of Business Development
Total Annual Compensation: C$248.0K
Compensation as of Fiscal Year 2013.

gemini corporation (GKX) Key Developments

Gemini Corporation Receives $21 Million Contract by TR Canada

Gemini Corporation has been awarded a $21 million contract by TR Canada Inc. for the assembly of certain process modules destined for the North West Redwater Partnership Sturgeon Refinery located approximately 45 km northeast of Edmonton, Alberta. Module assembly will be completed at the Corporation’s newly expanded Ponoka fabrication facility. The module assembly is scheduled to commence in the second quarter of, 2015 and continue through to the end of the first quarter of 2016. The modules being supplied will be incorporated into the light ends recovery unit and the sulphur plant for phase 1 of the refinery. The refinery will have the capacity to process approximately 78,000 barrels per day (BPD) of bitumen blend into high value products destined for the Alberta, North American and international markets.

Gemini Corporation Announces Executive Changes

Gemini Corporation announced that Mr. Michael Ostapiw, Vice President of Operations, is no longer with Gemini and is pursuing other opportunities. The corporation has commenced a search for an operations leader, and in the interim Doug Lautermilch, Gemini's President & CEO has assumed the operations responsibilities.

Gemini Corp. Reports Audited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Gemini Corp. reported audited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue increased 45% to $48 million compared to $33 million in the same period last year. The strong fourth quarter result was driven primarily by the rail loading facility project that was announced and commenced in the third quarter for one of Gemini's alliance clients. This project has had a positive impact on revenue for the year and is expected to provide a strong backlog of work for the Corporation's Field Solutions segment through to mid-2015. The success of this project is spawning increasing interest in the Corporation's Design-Build execution capabilities, in what is a very challenging market due to the industry constraints on capital spending. Fourth quarter earnings were $1.5 million or $0.019 per diluted share compared to $0.7 million or $0.011 per diluted share in 2013. For the year, the company’s revenue for 2014 increased 28% to $144 million from $112 million in 2013. Net earnings for 2014 were $3.0 million or $0.041 per diluted share compared to the net earnings of $3.3 million or $0.052 per diluted share earned in 2013.


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