SEACOR Marine HoldingsSMHI
SMHI
About: Seacor Marine Holdings Inc provides world-wide marine and support transportation services to offshore energy facilities globally. The company operates and manages a diverse fleet of offshore support vessels that deliver cargo and personnel to offshore installations including wind farms; handle anchors and mooring equipment for offshore rigs and platforms. Its geographical segment includes the United States (Gulf of Mexico); Africa and Europe; Middle East and Asia and Latin America.
Employees: 1,256
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
45% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 22
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
1% less funds holding
Funds holding: 90 [Q3] → 89 (-1) [Q4]
5.45% less ownership
Funds ownership: 53.69% [Q3] → 48.25% (-5.45%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
39% less capital invested
Capital invested by funds: $143M [Q3] → $88M (-$55.2M) [Q4]
94% less call options, than puts
Call options by funds: $5K | Put options by funds: $81K
Research analyst outlook
We haven’t received any recent analyst ratings for SMHI.
Financial journalist opinion
Neutral
GlobeNewsWire
2 months ago
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.
Negative
Seeking Alpha
3 months ago
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.
Neutral
GlobeNewsWire
3 months ago
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.
Neutral
GlobeNewsWire
5 months ago
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.
Neutral
GlobeNewsWire
5 months ago
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.
Neutral
Seeking Alpha
6 months ago
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.
Negative
Zacks Investment Research
6 months ago
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.
Neutral
GlobeNewsWire
6 months ago
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.
Negative
Zacks Investment Research
9 months ago
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.
Neutral
GlobeNewsWire
9 months ago
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.
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