| SEACOR Marine Holdings: Weak Q1 Results, Challenging Outlook - Hold |
SEACOR Marine Holdings reported disappointing first quarter results, with sizeable cash usage and fleet utilization dropping to new multi-year lows. The company attributed the underperformance to seasonality and higher maintenance, drydocking and repositioning activities as well as weakness in the North Sea and the U.S. Gulf. Q2 results will benefit from a large one-time gain as a result of recent vessel sales. |
seekingalpha.com |
2025-05-01 04:20:00 |
Czytaj oryginał (ang.) |
| Seacor Marine (SMHI) Reports Q1 Loss, Misses Revenue Estimates |
Seacor Marine (SMHI) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of a loss of $0.57. This compares to loss of $0.84 per share a year ago. |
zacks.com |
2025-04-30 23:40:29 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces First Quarter 2025 Results |
HOUSTON, April 30, 2025 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its first quarter ended March 31, 2025. |
globenewswire.com |
2025-04-30 20:27:00 |
Czytaj oryginał (ang.) |
| Seacor Marine (SMHI) Upgraded to Strong Buy: Here's What You Should Know |
Seacor Marine (SMHI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-04-24 17:00:47 |
Czytaj oryginał (ang.) |
| New Strong Buy Stocks for April 24th |
YARIY, OCX, SMHI, VTMX and BANF have been added to the Zacks Rank #1 (Strong Buy) List on April 24, 2025. |
zacks.com |
2025-04-24 11:35:38 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Securities Repurchase |
HOUSTON, April 04, 2025 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it purchased from certain funds affiliated with Carlyle: |
globenewswire.com |
2025-04-04 21:25:00 |
Czytaj oryginał (ang.) |
| SEACOR Marine Holdings: Improved Results But Uncertainties Remain - Hold |
Seacor Marine Holdings Inc. reported better-than-expected Q4 2024 results with increased fleet utilization and lower operating expenses resulting in sequential margin improvement and solid cash generation. Following a comprehensive debt refinancing in November, the company ended the year with $59.5 million in unrestricted cash, $16.6 million in restricted cash and $350 million in debt. Seacor Marine Holdings sold its two remaining AHTS vessels and will use the proceeds for the construction of two large PSVs in China. |
seekingalpha.com |
2025-02-27 19:44:00 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Fourth Quarter 2024 Results |
HOUSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its fourth quarter ended December 31, 2024. |
globenewswire.com |
2025-02-26 19:27:00 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Complete Debt Refinancing, Newbuild Orders, and Vessel Sales |
HOUSTON, Dec. 02, 2024 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it has entered into a new senior secured term loan of up to $391.0 million with an affiliate of EnTrust Global (the “2024 SMFH Credit Facility”) and separate agreements to build two platform supply vessels (“PSVs”) for a contract price of $41.0 million per vessel (the “Shipbuilding Contracts”). The PSVs are each 4,650 tons deadweight with a 1,000 square meter deck area and equipped with medium speed diesel engines and an integrated battery energy storage system for higher fuel efficiency and lower running costs. The 2024 SMFH Credit Facility consolidates the Company's debt capital structure into a single credit facility maturing in the fourth quarter of 2029 and provides financing for the Shipbuilding Contracts. The Company also announced the entry into definitive agreements to sell two anchor handling towing and supply (“AHTS”) vessels for total proceeds of $22.5 million. |
globenewswire.com |
2024-12-02 08:00:00 |
Czytaj oryginał (ang.) |
| Seacor Marine: Downgrading On Poor Results And Weak Near-Term Prospects - Hold |
SEACOR Marine Holdings released another disappointing quarterly report, with both revenue and profitability falling well short of expectations. Management attributed the underwhelming performance to the company's heavy 2024 maintenance schedule and softer than expected demand in the U.S. Gulf of Mexico and the North Sea. With weakness in deepwater rig contracting activity now expected to extend well into 2025, the company will likely face additional headwinds going into next year. |
seekingalpha.com |
2024-11-03 11:45:32 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Third Quarter 2024 Results |
HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its third quarter ended September 30, 2024. |
globenewswire.com |
2024-10-30 18:27:00 |
Czytaj oryginał (ang.) |
| U.S. Offshore Support Vessels Market, Forecast to 2029 with Strategic Analysis of Tidewater, Hornbeck Offshore Services, SEACOR Marine Holdings, Edison Chouest Offshore, GulfMark Energy & More |
Dublin, Sept. 20, 2024 (GLOBE NEWSWIRE) -- The "United States Offshore Support Vessels Market 2019-2029" report has been added to ResearchAndMarkets.com's offering. The United States Offshore Support Vessels Market was valued at USD 4.76 Billion in 2023 and is predicted to experience robust growth in the forecast period with a CAGR of 2.65% through 2029. This market has experienced significant growth due to the increasing offshore drilling activities in the Gulf of Mexico and other strategic offshore regions. Several factors contribute to the robust growth of the U.S. OSV market. Firstly, the resurgence of offshore exploration and production activities, driven by rising oil prices and technological advancements, has bolstered demand for support vessels. These vessels are indispensable for transporting supplies, equipment, and personnel to and from offshore platforms, as well as for performing critical tasks such as anchor handling, towing, and maintenance operations. The ongoing investment in deepwater and ultra-deepwater projects has heightened the need for advanced and high-capacity OSVs. The Gulf of Mexico, in particular, remains a hotspot for offshore drilling, necessitating a steady supply of versatile and reliable support vessels. The development of new offshore fields and the expansion of existing ones further amplify the demand for OSVs, fostering market growth. Technological innovation within the OSV market is another pivotal factor driving its expansion. Modern OSVs are equipped with state-of-the-art technology, including dynamic positioning systems, advanced navigation, and communication systems, which enhance their operational efficiency and safety. The integration of green technologies, such as fuel-efficient engines and emission reduction systems, aligns with the industry's shift towards more sustainable operations, attracting investments and contracts from environmentally conscious oil and gas operators. Moreover, strategic alliances and partnerships among key industry players are propelling market growth. Collaborative efforts between vessel operators, oil and gas companies, and technology providers are leading to the development of more sophisticated and specialized vessels. These partnerships also facilitate the sharing of expertise and resources, optimizing the deployment and utilization of OSVs. |
globenewswire.com |
2024-09-20 13:07:00 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Appointment to the Board of Directors |
HOUSTON, Sept. 19, 2024 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it has expanded its Board of Directors (the “Board”) from five (5) to six (6) members and that Lisa P. Young has been appointed as an independent member of the Board. |
globenewswire.com |
2024-09-19 21:11:00 |
Czytaj oryginał (ang.) |
| Seacor Marine Holdings: Another Bad Quarter Provides Buying Opportunity |
SEACOR Marine Holdings reported another set of disappointing quarterly results with sizeable cash usage and profitability falling well short of expectations. The company is facing persistent weakness in the domestic market. In addition, capacity challenges at shipyards and vendors have resulted in drydockings taking longer than expected. Moreover, the pace of year-over-year dayrate improvement has slowed down in Q2. |
seekingalpha.com |
2024-08-04 12:25:55 |
Czytaj oryginał (ang.) |
| Seacor Marine (SMHI) Reports Q2 Loss, Tops Revenue Estimates |
Seacor Marine (SMHI) came out with a quarterly loss of $0.45 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.17 per share a year ago. |
zacks.com |
2024-07-31 23:51:05 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Second Quarter 2024 Results |
HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its second quarter ended June 30, 2024. |
globenewswire.com |
2024-07-31 21:30:00 |
Czytaj oryginał (ang.) |
| Seacor Marine (SMHI) Reports Q1 Loss, Lags Revenue Estimates |
Seacor Marine (SMHI) came out with a quarterly loss of $0.84 per share versus the Zacks Consensus Estimate of a loss of $0.43. This compares to loss of $0.36 per share a year ago. |
zacks.com |
2024-05-01 23:11:06 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces First Quarter 2024 Results |
HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its first quarter ended March 31, 2024. |
globenewswire.com |
2024-05-01 20:17:00 |
Czytaj oryginał (ang.) |
| Seacor Marine: Deepening OSV Deficit And Improved Financials, Rating Upgrade To Buy |
SEACOR Marine offers value for investors seeking offshore industry exposure with strong financial results and improved liquidity. The OSV market is in the expansion phase with constrained supply, rising demand, and geopolitical uncertainty. OSV demand is expected to grow by 13% over the next three years. Operating revenue increased to $279 million in FY23, 28% higher than in FY22. SMHI delivered $35.5 million operating income in 2023. SMHI is financially sound, with a healthy capital structure. |
seekingalpha.com |
2024-03-11 16:36:30 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Fourth Quarter 2023 Results |
HOUSTON, Feb. 29, 2024 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its fourth quarter ended December 31, 2023. |
globenewswire.com |
2024-02-29 19:05:00 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Upgrade of Four PSVs with Kongsberg Maritime Energy Storage Systems |
Continues SEACOR Marine's commitment to enhance operational efficiency and reduce environmental impact Continues SEACOR Marine's commitment to enhance operational efficiency and reduce environmental impact |
globenewswire.com |
2024-01-25 09:53:00 |
Czytaj oryginał (ang.) |
| SEACOR Marine: Good Company, But Not Good Enough |
The OSV market is expected to face a deficit due to low order book levels and declining shipyard capacity, but growing demand from deep-water protects. SEACOR Marine is one of the major players in the industry. The company owns a fleet of 59 vessels at an average age of 9.1, operating globally. In September, the company signed a new $122 million secured credit facility. It consolidated five separate facilities, with maturities in 2023-2026. The consolidated maturity is moved to 2028. |
seekingalpha.com |
2023-11-04 02:05:42 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Third Quarter 2023 Results |
HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its third quarter ended September 30, 2023. |
globenewswire.com |
2023-11-01 18:16:00 |
Czytaj oryginał (ang.) |
| Seacor Marine Holdings Addresses Near-Term Debt Maturities - Buy |
Shares of leading offshore transportation services provider SEACOR Marine Holdings reached a new 52-week high last week. Three weeks ago, the company managed to refinance an aggregate $104.6 million in near-term debt maturities with a new $122 million secured credit facility provided by affiliates of EnTrust Global. Unfortunately, terms of the new credit facility are less-than-stellar with SEACOR being required to pay interest at a rate of 11.75% p.a., substantially above the average of the refinanced facilities. |
seekingalpha.com |
2023-10-03 09:14:51 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Comprehensive Refinancing Transaction |
HOUSTON, Sept. 11, 2023 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it has entered into a new $122.0 million senior secured term loan with certain affiliates of EnTrust Global (the “SMFH Credit Facility”) providing the Company with a more efficient and consolidated capital structure. |
globenewswire.com |
2023-09-11 21:26:00 |
Czytaj oryginał (ang.) |
| SEACOR Marine Publishes 2022-2023 Sustainability Report |
HOUSTON, Sept. 07, 2023 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it has published its 2022-2023 Sustainability Report. The report documents SEACOR Marine's continued commitment to the environment, its employees and its responsibility as a global citizen. |
globenewswire.com |
2023-09-07 21:12:00 |
Czytaj oryginał (ang.) |
| SEACOR Marine Announces Second Quarter 2023 Results |
HOUSTON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its second quarter ended June 30, 2023. |
globenewswire.com |
2023-08-02 20:20:00 |
Czytaj oryginał (ang.) |
| Seacor Marine Holdings: Business Has Reached An Inflection Point - Buy |
The leading offshore support services provider reported decent first quarter results with revenues, average day rates, direct vessel profit, and EBITDA reaching new multi-year highs. With average day rates fleet utilization anticipated to improve further, the company should start to generate meaningful free cash flow over the coming quarters. A debt refinancing at improved terms could provide a near-term catalyst for the stock. |
seekingalpha.com |
2023-06-01 21:58:22 |
Czytaj oryginał (ang.) |