Group 1 - The focus has shifted from primarily tech stocks to include offshore drilling, supply industry, and shipping sectors such as tankers, containers, and dry bulk [1] - There is an emerging interest in the fuel cell industry, which is still in its nascent stage [1] Group 2 - The individual has a background in auditing with PricewaterhouseCoopers and transitioned to day trading nearly 20 years ago [2] - The experience includes navigating significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2]

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.75%. A quarter ago, it was expected that this operator of a fleet of marine support vessels would post a loss of $0.67 per share when it actually produced a loss of $0.03, delivering a surprise of 95.52%.Over the last four ...

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. SEACOR Marine’s consolidated operating revenues for the first quarter of 2025 were $55.5 million, operating loss was $5.3 million, and direct vessel profit (“DVP”)(1) was $13.6 million. This compares to consolidated o ...

PRESS RELEASE Houston, Texas April 30, 2025 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 first quarter ended March 31, 2025. SEACOR Marine's consolidated operating revenues for the first quarter of 2025 were $55.5 million, operating loss was $5.3 million, and direct vessel profit ("DVP") (1) was $13.6 million. This c ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-37966 SEACOR Marine Holdings Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 47-2564547 (State or Other Jurisdiction of Incorporation or Organiza ...

Core Viewpoint - Seacor Marine (SMHI) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system tracks the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years, highlighting the importance of earnings revisions in stock valuation [1][4]. - A strong correlation exists between changes in earnings estimates and near-term stock price movements, with institutional investors playing a role in this relationship by adjusting their valuations based on earnings estimates [4][5]. Recent Developments for Seacor Marine - Seacor Marine is projected to earn -$1.53 per share for the fiscal year ending December 2025, reflecting a year-over-year change of 19.9% [8]. - Over the past three months, the Zacks Consensus Estimate for Seacor Marine has increased by 24.6%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Seacor Marine to a Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term [10].

Group 1 - SEACOR Marine Holdings Inc. purchased approximately 9.1% of its outstanding shares and warrants from Carlyle for about $12.9 million, based on a trailing volume weighted average price [1][2] - The repurchase simplifies the company's capital structure by eliminating all outstanding warrants and was funded by proceeds from the sale of a 201-foot DP-2 platform supply vessel [2] - SEACOR Marine provides global marine and support transportation services to offshore energy facilities, operating a diverse fleet of offshore support vessels for various operations including offshore wind farms and emergency response services [2] Group 2 - The company acquired 1,355,761 common shares at $4.90 per share and warrants to purchase 1,280,195 shares at $4.89 per warrant, with an exercise price of $0.01 per warrant [4]

Group 1 - The focus has shifted from primarily tech stocks to include offshore drilling, supply industry, and shipping sectors such as tankers, containers, and dry bulk [1] - There is an emerging interest in the fuel cell industry, which is still in its nascent stage [1] Group 2 - The individual has a background in auditing with PricewaterhouseCoopers and transitioned to day trading nearly 20 years ago [2] - The experience includes navigating significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2]

Core Insights - SEACOR Marine Holdings Inc. reported a consolidated operating revenue of $69.8 million for Q4 2024, a decrease of 4.5% from $73.1 million in Q4 2023, but a slight increase from $68.9 million in Q3 2024 [2][5] - The company experienced a net loss of $26.2 million in Q4 2024, compared to a net income of $5.7 million in Q4 2023 and a net loss of $16.3 million in Q3 2024 [3][10] - The average day rates increased to $18,901, a 4.8% rise from Q4 2023, while fleet utilization improved to 72%, up from 71% in Q4 2023 and 67% in Q3 2024 [5][12] Financial Performance - Operating income for Q4 2024 was $10.6 million, down from $22.6 million in Q4 2023, but an improvement from an operating loss of $6.5 million in Q3 2024 [2][10] - Direct vessel profit (DVP) was reported at $23.1 million for Q4 2024, compared to $29.8 million in Q4 2023 and $16.0 million in Q3 2024 [2][5] - The DVP margin decreased to 33.1% in Q4 2024 from 40.8% in Q4 2023, but increased from 23.2% in Q3 2024 [5][10] Operational Highlights - The CEO noted improved operating performance due to fewer out-of-service days for repairs and drydockings, leading to better utilization across most segments [3][4] - The company plans to commence permanent repairs on one of its U.S. flag premium liftboats by the end of Q3 2025, which is expected to enhance utilization as seasonal activity increases in the Gulf of America [3][4] - SEACOR Marine has entered into a new senior secured term loan of up to $391 million, simplifying its debt structure and addressing $125 million of near-term maturities [5][6] Market Outlook - The company anticipates a healthy level of inquiries in most international markets, except for the North Sea and Mexico, where demand is subdued due to regulatory and financial challenges [4][5] - Significant challenges are expected for offshore wind activities in the U.S. in the near term, but a backlog of maintenance and decommissioning activities in the Gulf of America is projected to increase activity levels [4][5] - The company is optimistic about its fleet mix being well-positioned to meet current demand expectations despite a mid-cycle lull in offshore drilling activity worldwide [4][5]

Fleet Operations - As of December 31, 2024, the company operates a total fleet of 54 vessels, down from 58 in 2023 and 60 in 2022, indicating a strategic right-sizing of the fleet[30] - The company has 21 owned Platform Supply Vessels (PSVs), all equipped with DP-2 dynamic positioning systems, enhancing operational efficiency[20] - The Fast Support Vessels (FSVs) fleet includes 22 vessels, with 20 equipped with DP-2 and 2 with DP-3 systems, showcasing advancements in technology and fuel efficiency[22] - The company is currently constructing two foreign flag DP-2 PSVs, expected to be delivered in Q4 2026 and Q1 2027, indicating ongoing fleet expansion[21] - The company’s liftboat fleet, which is crucial for offshore operations, has seen a reduction in the number of vessels from 7 in 2022 to 5 in 2024, reflecting market adjustments[30] Revenue and Customer Base - In 2024, the company's principal customers accounted for approximately 76% of consolidated revenues, with two customers, Azule Energy Angola S.p.A. and SEACOR Marine Arabia LLC, each contributing over 10%[37] - For the years ended December 31, 2024, 2023, and 2022, 87%, 79%, and 72% of the Company's operating revenues were derived from foreign operations[42] - The company has seen an increase in capital expenditures from oil and natural gas customers in response to higher post-pandemic energy demand, indicating a potential growth opportunity[36] Environmental and Regulatory Compliance - The Company is subject to extensive environmental and safety laws, with potential penalties for violations that could be material[46] - Under the Oil Pollution Act of 1990, liability for non-tank vessels is limited to the greater of $1,300 per gross ton or $1,076,000[60] - The Company maintains pollution liability insurance with a cap of $1.0 billion to cover spill removal costs and damages[62] - The Company’s U.S.-flag vessels are subject to the Merchant Marine Act of 1920, which restricts ownership and operation in U.S. coastwise trade[49] - The Maritime Labour Convention, 2006 establishes minimum requirements for working conditions of seafarers, which the Company must comply with[52] - The Company’s vessels are subject to inspection and certification by international classification societies to ensure compliance with safety and pollution standards[53] - The Company is subject to the Clean Water Act, which imposes civil and criminal penalties for unauthorized discharges, potentially exposing it to additional liabilities[64] - The Company has filed a Notice of Intent to be covered by the 2013 Vessel General Permit for each of its ships operating in U.S. waters, which requires adherence to best management practices[65] - The Vessel Incidental Discharge Act extends the provisions of the 2013 Vessel General Permit, requiring compliance until new regulations are finalized[66] - The International Maritime Organization aims to reduce carbon intensity of international shipping by 40% by 2030 compared to 2008 levels[82] - The Company is required to comply with the Endangered Species Act, which may impose operational restrictions during certain periods[74] - The Company has implemented ballast water management plans to comply with U.S. regulations aimed at preventing the introduction of invasive species[72] - The Company is impacted by changes to MARPOL regulations, which limit the number of dangerous chemicals its vessels can carry[83] Insurance and Risk Management - The Company maintains various insurance policies, including hull, liability, and war risk insurance, to mitigate risks associated with vessel operations[90] - The Company believes its Protection and Indemnity insurance should cover liabilities under international conventions, subject to policy limitations[69] Workforce and Employee Relations - As of December 31, 2024, the Company employed 1,239 individuals, with no union members, and considers employee relations to be good[93] - In fiscal year 2024, the Company worked over 5.9 million man-hours, recording zero pollution incidents and a total recordable incident rate of 0.034[94] - As of December 31, 2024, 34% of the Company's onshore workforce was female, with efforts to increase female representation in the maritime industry[96] - The Company is committed to providing a variety of learning opportunities for employees, including leadership training and health, safety, and security training[97] - The Company offers competitive salaries and comprehensive benefits, including medical, dental, and retirement savings plans[98] Financial Exposure - The Company is exposed to foreign currency exchange risks but attempts to contract services in U.S. dollars to minimize financial impact[356] - The Company does not hedge against foreign currency rate fluctuations in normal business operations, exposing it to potential exchange rate losses[357] - The Company's outstanding debt consists of fixed interest rate instruments, eliminating exposure to interest rate fluctuations[358] Strategic Focus - The company’s fleet reconfiguration aims to focus on high-margin vessels and simplify capital structure, allowing for quicker responses to market changes[29] - The market for offshore marine services is highly fragmented and competitive, with key factors including pricing, availability, and equipment specifications[40] - The Company does not expect near-term capital outlays for regulatory compliance to materially affect its competitive position or financial results[46]