Workflow
SEACOR Marine(SMHI)
icon
Search documents
SEACOR Marine Announces Fourth Quarter 2025 Results
Globenewswire· 2026-02-25 22:20
HOUSTON, Feb. 25, 2026 (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, 2025. SEACOR Marine’s consolidated operating revenues for the fourth quarter of 2025 were $52.3 million, operating loss was $5.2 million, and direct vessel profit (“DVP”)(1) was $9.7 million. This compares to consolidate ...
SEACOR Marine(SMHI) - 2025 Q4 - Annual Report
2026-02-25 22:16
Fleet and Operations - As of December 31, 2025, the total fleet consists of 44 vessels, down from 54 in 2024 and 58 in 2023, indicating a reduction of approximately 18% over the two-year period[29]. - The Company operates in four principal geographic regions, with 37 vessels in foreign markets, reflecting a strategic focus on high-margin deployments[29][26]. - The demand for the Company's fleet is influenced by seasonality, with peak demand typically occurring during summer months, particularly for liftboats in the U.S.[33]. - The Company’s fleet reconfiguration aims to meet market demands while focusing on higher margin vessels, resulting in a simplified capital structure[28]. - The Company has a construction project for two foreign flag DP-2 PSVs expected to be delivered in Q4 2026 and Q1 2027, enhancing its fleet capabilities[21]. - As of December 31, 2025, 41 of the Company's owned vessels were outfitted with dynamic positioning (DP) systems, improving operational efficiency and safety[19]. Revenue and Customer Base - The Company’s principal customers accounted for approximately 84% of consolidated operating revenues in 2025, with Azule Energy Angola S.p.A., ExxonMobil Corporation, and SEACOR Marine Arabia LLC contributing 27%, 17%, and 14% respectively[35]. - For the years ended December 31, 2025, 2024, and 2023, 84%, 87%, and 79% of the Company's operating revenues were derived from foreign operations, highlighting the importance of international markets[40]. - The Company’s contracts vary in length from several days to multi-year periods, with many including cancellation clauses without early termination penalties, affecting revenue predictability[37]. Regulatory Compliance and Environmental Impact - The Company is subject to extensive regulations under various international, federal, state, and local laws, particularly concerning environmental protection and safety[42]. - The Company does not expect near-term capital outlays for compliance with laws and regulations to materially affect its financial position or results of operations[43]. - Under the Oil Pollution Act of 1990 (OPA 90), the Company is liable for removal costs and damages from oil spills, with liability limits for non-tank vessels set at the greater of $1,300 per gross ton or $1,076,000[57]. - The Company maintains pollution liability insurance with a limit of $1.0 billion to cover spill removal costs and damages[59]. - The Company is required to comply with the International Safety Management Code (ISM Code) for vessels over 500 gross tons, ensuring safety management and pollution prevention protocols are in place[53]. - The Company has filed a Notice of Intent to be covered by the 2013 Vessel General Permit (VGP) for its U.S.-flag and foreign-flag commercial vessels operating in U.S. waters[62]. - The Company’s operations may be regulated by various U.S. agencies, including the U.S. Coast Guard and the Environmental Protection Agency, which increases compliance costs and risks[52]. - The Company’s vessels are subject to the Maritime Labour Convention (MLC), which establishes minimum working conditions for seafarers, potentially impacting operational costs[49]. - The Company’s compliance with the Jones Act limits foreign ownership of its capital stock to 22.5% to ensure adherence to U.S. maritime law[47]. - Noncompliance with the ISM Code may lead to increased liability, loss of customers, and denial of access to U.S. ports[54]. - The Company believes it is premature to predict additional costs for compliance with new regulations and performance standards under the Vessel Incidental Discharge Act (VIDA) adopted by the EPA in late 2024[64]. - The Company maintains that its Protection and Indemnity insurance should cover liabilities under the International Convention on Civil Liability for Oil Pollution Damage, subject to applicable policy deductibles, exclusions, and limitations[66]. - The Company installs Ballast Water Treatment Systems (BWTS) on its vessels as required by the USCG/EPA and the Ballast Water Management Convention to achieve compliance[70]. - The Company believes all of its vessels maintain a ballast water management plan compliant with applicable regulations, including those under the U.S. National Invasive Species Act[69]. - The Company has implemented flag state approved security plans and other procedures to address applicable security standards in response to heightened security procedures related to ports and vessels[87]. - The Company maintains hull, liability, and war risk insurance, among others, to mitigate risks associated with vessel operations, which include adverse weather conditions and mechanical failures[88]. - The Company is subject to various international conventions and federal, state, and local laws that may impose additional operational costs and regulatory compliance requirements[82]. Sustainability and Workforce - The Sustainability Council, established in September 2020, oversees the Company's environmental, social, and governance (ESG) program, integrating sustainability goals into strategic business activities[89]. - The Company periodically publishes a Sustainability Report detailing its sustainability efforts and ESG practices, with a dedicated section on its website focusing on these initiatives[90]. - The IMO has set a target to reduce greenhouse gas emissions from shipping by 40% by 2030 compared to 2008 levels, with a goal of achieving net-zero emissions by around 2050[79]. - As of December 31, 2025, the Company employed 889 individuals, with a total recordable incident rate of 0.080 and zero pollution incidents reported during fiscal year 2025[92]. - The Company aims to increase female representation in its workforce, with 30% of its onshore workforce being female as of December 31, 2025[94]. - The Company worked over 4.9 million man-hours across its global businesses in fiscal year 2025, recording only one medical incident and one lost time incident[92]. - The Company is committed to providing competitive salaries and comprehensive benefits, including medical, dental, and retirement savings plans like the 401(k) for U.S. employees[96]. - The Company provides various learning opportunities for employees, including leadership and technical skill development[95]. - The Sustainability Council oversees strategies to promote diversity and inclusion within the Company, reflecting the diverse communities it operates in[93]. Financial Risks - The Company is exposed to foreign currency exchange risks but attempts to contract services in U.S. dollars to minimize financial impacts[351]. - The Company does not hedge against foreign currency rate fluctuations in normal business operations, which exposes it to potential exchange rate losses[352]. - The Company's outstanding debt consists solely of fixed interest rate instruments, insulating it from interest rate fluctuations[353]. Health and Safety - The Company has enhanced health and safety protocols, including the provision of personal protective equipment and hydroxyl generators for pathogen control[92].
SEACOR Marine(SMHI) - 2025 Q4 - Annual Results
2026-02-25 22:15
Exhibit 99.1 PRESS RELEASE SEACOR MARINE ANNOUNCES FOURTH QUARTER 2025 RESULTS Houston, Texas February 25, 2026 FOR IMMEDIATE RELEASE - 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, 2025. SEACOR Marine's consolidated operating revenues for the fourth quarter of 2025 were $52.3 million, operating loss was $5. ...
SEACOR Marine(SMHI) - 2025 Q4 - Earnings Call Presentation
2026-02-25 12:00
Exhibit 99.2 SEACOR Marine Holdings Inc. Investor Presentation 25 February 2026 SMHI LISTED NYSE Forward-Looking Statements Forward-Lookino Statements discussed in this release as vell as in other reports, materials and oral statements that SE4COR Marine Holdings Inc. ("SEACOR Marine" or the "C from time to time to time to the public constitute "forward-looking statements" within the measing of the Private Securities Litication Act of 1995. Generally worlds such a "expent" "nonient" "intend" "theileye" "phl ...
Despite Fast-paced Momentum, Seacor Marine (SMHI) Is Still a Bargain Stock
ZACKS· 2025-12-08 14:56
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum if future growth does not justify high valuations [1] - A safer approach is to invest in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: Seacor Marine (SMHI) Analysis - Seacor Marine (SMHI) has shown a price increase of 2.8% over the past four weeks, indicating growing investor interest [3] - SMHI gained 5% over the past 12 weeks, with a beta of 1.3, suggesting it moves 30% more than the market [4] - SMHI has a Momentum Score of B, indicating a favorable time to invest [5] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [6] - SMHI is trading at a Price-to-Sales ratio of 0.77, suggesting it is undervalued at 77 cents for each dollar of sales [6] Group 3: Additional Investment Opportunities - Besides SMHI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify winning stocks [8]
Seacor Marine (SMHI) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-11-21 14:56
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach may involve investing in bargain stocks that have recently shown price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Seacor Marine (SMHI) Analysis - Seacor Marine (SMHI) has shown a four-week price change of 6.9%, indicating strong investor interest and positioning it well for momentum investing [4] - Over the past 12 weeks, SMHI has gained 6.9%, with a beta of 1.34, suggesting it moves 34% more than the market, indicating fast-paced momentum [5] - SMHI has a Momentum Score of A, suggesting it is an opportune time to invest in the stock for potential success [6] Group 3: Earnings Estimates and Valuation - SMHI has received a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investor interest and drive stock prices higher [7] - The stock is currently trading at a Price-to-Sales ratio of 0.75, indicating it is reasonably valued at 75 cents for each dollar of sales, providing room for growth [7] Group 4: Additional Investment Opportunities - Besides SMHI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
SEACOR Marine Publishes 2024-2025 Sustainability Report
Globenewswire· 2025-11-13 22:12
Core Viewpoint - SEACOR Marine Holdings Inc. has published its 2024-2025 Sustainability Report, emphasizing its commitment to environmental responsibility, employee welfare, and community engagement [1][2]. Environmental Commitment - The report highlights SEACOR Marine's efforts to enhance environmental sustainability and operational efficiency, including the expansion of its hybrid platform supply vessel fleet and investments in green technologies [6]. - The company is focused on waste reduction initiatives both on vessels and in offices, aiming to integrate sustainable practices throughout its operations [6]. Employee Welfare - SEACOR Marine is dedicated to fostering a safe and inclusive work environment, with initiatives aimed at promoting the mental and emotional well-being of seafarers, including high-speed satellite internet across its fleet [6]. - The company continues to pursue its GOAL ZERO safety vision, which has led to measurable improvements in safety performance [6]. Community Engagement - SEACOR Marine supports local organizations and social welfare initiatives through financial contributions and volunteer efforts, ensuring meaningful impact in the communities where it operates [6]. - The company prioritizes partnerships with local suppliers and collaborates with community stakeholders to drive shared progress [6]. Industry Standards - The sustainability report aligns with the industry-specific standards set by the Sustainability Accounting Standards Board (SASB) and identifies relevant United Nations Sustainable Development Goals (UN SDGs) [3].
SEACOR Marine Holdings: Weak Quarter And Muted Near-Term Prospects - Hold (NYSE:SMHI)
Seeking Alpha· 2025-11-13 15:30
Group 1 - The article emphasizes the importance of income-focused investments for those seeking lower-risk firms with consistent dividend payouts, highlighting a 10-year track record of outperforming across various market conditions [1] - Value Investor's Edge claims to provide top-tier research in the energy, shipping, and offshore markets, achieving an annualized return of nearly 40% over the past decade, with a long-only model portfolio return exceeding 23 times [1] Group 2 - SEACOR Marine Holdings Inc. (SMHI) is mentioned as a company previously covered, indicating that this article serves as an update to earlier analyses [2] - The author has expanded their focus to include the offshore drilling and supply industry, as well as the shipping industry, which encompasses tankers, containers, and dry bulk [3]
Seacor Marine: Weak Quarter And Muted Near-Term Prospects - Hold
Seeking Alpha· 2025-11-13 15:30
Group 1 - The article emphasizes the importance of income-focused investments for those preferring lower-risk firms with consistent dividend payouts, highlighting a 10-year track record of outperforming across various market conditions [1] - Value Investor's Edge claims to provide top-tier research in the energy, shipping, and offshore markets, achieving an annualized return of nearly 40% over the past decade, with a long-only model portfolio return exceeding 23 times [1] Group 2 - SEACOR Marine Holdings Inc. is mentioned as a company previously covered, indicating that this article serves as an update to earlier analyses [2] - The analyst has expanded coverage to include the offshore drilling and supply industry, as well as the shipping industry, which encompasses tankers, containers, and dry bulk [3]
Seacor Marine (SMHI) Q3 Earnings Surpass Estimates
ZACKS· 2025-10-29 23:16
分组1 - Seacor Marine reported quarterly earnings of $0.17 per share, exceeding the Zacks Consensus Estimate of a loss of $0.59 per share, marking an earnings surprise of +128.81% [1] - The company posted revenues of $59.19 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 10.16% and down from $68.92 million year-over-year [2] - Seacor Marine has surpassed consensus EPS estimates in all four of the last quarters, but has only topped revenue estimates once in the same period [2] 分组2 - The stock has underperformed the market, losing about 8.8% since the beginning of the year compared to the S&P 500's gain of 17.2% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.65 on revenues of $63.43 million, and for the current fiscal year, it is -$2.08 on revenues of $245.62 million [7] - The Transportation - Shipping industry, to which Seacor Marine belongs, is currently in the top 35% of Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]