Q4 2025 Earnings Presentation February 26, 2026 Introduction Redeate (Red) Tilahun Senior Manager, Investor Relations and Financial Reporting Q4 2025 Earnings Call 02 Operational Highlights Chris Bradshaw President and CEO 03 05 Question & Answer 2 01 Cautionary Statement Regarding Forward-Looking Statements Financial Review Jennifer Whalen SVP, Chief Financial Officer 04 Concluding Remarks Chris Bradshaw President and CEO This presentation includes "forward-looking statements" within the meaning of Section ...

BRISTOW GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS [Accessibility Statement] Skip NavigationACHIEVES 2025 OUTLOOK AND DECLARES DIVIDENDHOUSTON, Feb. 25, 2026 /PRNewswire/ --Full Year Highlights:- Declared a quarterly cash dividend of $0.125 per share of common stock- Refinanced Senior Notes with an upsized $500 million transaction at a lower coupon rate of 6.75% and extended maturity of 2033- Operating cash flow of $198.4 million in 2025 compared to $177.4 million in 2024, and Adjusted Free Cas ...

HOUSTON, Feb. 23, 2026 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced that Anne Rappold has been named Chief Legal Officer and Corporate Secretary, effective immediately. Rappold has served as Acting Chief Legal Officer since August 2025, leading the Company's global Legal and Government Affairs functions. "Anne has done an exceptional job guiding our Legal and Government Affairs organization in support of Bristow' ...

Core Viewpoint - Raymond James initiated coverage of Bristow Group (NYSE: VTOL) with an Outperform rating and a $60 price target, highlighting the company's improving earnings quality and management as it approaches 2027 [1] Group 1: Company Performance and Outlook - Bristow is recognized as a well-managed company with improving earnings quality, particularly following the expansion of its Government Services segment [1] - The firm anticipates upside to its forecasts based on a positive outlook for offshore energy markets in 2027 [1] Group 2: Market Dynamics and Competitive Advantages - Continued supply constraints in twin-engine helicopters and parts are expected to support disciplined capacity and favorable pricing, reinforcing Bristow's competitive advantages due to its scale and strong balance sheet [2] - The implementation of Advanced Air Mobility (AAM) initiatives is believed to provide additional earnings growth opportunities in the long term [2] Group 3: Earnings Stability and Market Expectations - Buy-side expectations for 2027 appear undemanding relative to projections and consensus, with anticipated multiple expansion as investors recognize the stability of earnings from long-term Government Services contracts [3] - The Offshore Energy Services segment derives approximately 85% of its exposure from production-related activities, which are less sensitive to commodity price fluctuations [3]

HOUSTON, Feb. 17, 2026 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the global leader in innovative and sustainable vertical flight solutions, today announced it will release its fourth-quarter and full- year 2025 financial results after market close on Wednesday, February 25, 2026. In connection with the release, Bristow has scheduled a conference call for Thursday, February 26, 2026, to begin at 10:00 a.m. ...

Core Insights - The article emphasizes the author's extensive experience in stock analysis, particularly in the energy sector, focusing on oilfield equipment services and industrial supply industries [1]. Group 1 - The author has over 14 years of experience in stock analysis, covering both long and short positions in an unbiased manner [1]. - The primary focus of the author's analysis has been on the energy sector for the past 7 years, specifically the oilfield equipment services sector [1]. - The author also covers the industrial supply industry, indicating a broad expertise in related sectors [1].

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are highlighted, with significant implications for global power grids and electricity supply [2][3] Investment Opportunity - A specific company is positioned as a critical player in the AI energy sector, owning essential energy infrastructure assets that will benefit from the increasing energy demands of AI data centers [3][7] - This company is described as a "toll booth" operator in the AI energy boom, profiting from the surge in electricity demand driven by AI advancements [4][5] Market Position - The company is noted for its unique capabilities in executing large-scale engineering, procurement, and construction (EPC) projects across various energy sectors, including nuclear energy [7][8] - It is completely debt-free and has a substantial cash reserve, equating to nearly one-third of its market capitalization, which positions it favorably compared to other energy firms burdened by debt [8][10] Strategic Advantages - The company holds a significant equity stake in another AI-related venture, providing investors with indirect exposure to multiple growth opportunities in the AI sector [9][10] - The current valuation of the company is described as exceptionally low, trading at less than seven times earnings, which is attractive for potential investors [10][11] Future Outlook - The ongoing influx of talent into the AI sector is expected to drive continuous innovation and advancements, reinforcing the importance of investing in AI-related companies [12] - The combination of AI infrastructure needs, energy demands, and the onshoring trend driven by tariffs presents a unique investment landscape that the company is well-positioned to capitalize on [14][6]

Core Viewpoint - Bristow Group Inc. successfully closed a private offering of $500 million in senior secured notes and amended its asset-based revolving credit facility, enhancing its financial position and operational flexibility [1][2]. Financing Details - The company issued $500 million of 6.750% senior secured notes due 2033 and amended its asset-based revolving credit facility, extending its maturity to 2031 [1][5]. - A portion of the proceeds from the notes was used to satisfy approximately $397 million of outstanding 6.875% Senior Secured Notes due 2028, resulting in the release of liens securing those notes [2]. Credit Facility Amendments - The amendment to the ABL Facility reduced total commitments from $85 million to $70 million, with the option to increase commitments up to $105 million [5]. Company Overview - Bristow Group is a leading global provider of vertical flight solutions, primarily serving offshore energy companies and government entities with services such as personnel transportation, search and rescue, and medevac [6]. - The company operates in three segments: Offshore Energy Services, Government Services, and Other Services, with a diverse customer base across multiple countries [6][7].

Market Overview - U.S. stocks experienced a mixed performance, with the Dow Jones index falling over 250 points during the session and closing lower by approximately 285 points at 49,098.71 [1] - The Dow Jones lost 0.5% last week, while the S&P 500 fell about 0.4%, closing at 6,915.61, and the Nasdaq Composite gained 0.28% to reach 23,501.24 [1] Analyst Ratings and Insights - Benzinga's Analyst Ratings API provides high-quality stock ratings through partnerships with major sell-side banks, offering insights that can serve as trading indicators for outperforming the stock market [3] - Benzinga readers can access the latest analyst ratings, which can be sorted by analyst accuracy [4] Top Analyst Picks - **MKS Inc (NASDAQ:MKSI)**: Cantor Fitzgerald maintained an Overweight rating and raised the price target from $200 to $300, indicating a potential upside of around 38% [5] - **HP Inc (NYSE:HPQ)**: Citigroup maintained a Neutral rating and reduced the price target from $25 to $22, suggesting a potential upside of about 13% [5] - **Bristow Group Inc (NYSE:VTOL)**: Jones Trading initiated coverage with a Buy rating [5] - **Intel Corp (NASDAQ:INTC)**: Stifel maintained a Hold rating and increased the price target from $35 to $42, expecting a decline of around 6% [5] - **Freeport-McMoRan Inc (NYSE:FCX)**: UBS maintained a Buy rating and raised the price target from $60 to $70, anticipating an increase of about 11% [5][6]

Core Insights - Electra.aero, Inc. and Bristow Group Inc. have signed a Pre-Delivery Payment (PDP) deposit agreement for the first delivery slot of Electra's EL9 Ultra Short hybrid-electric aircraft, which can carry nine passengers or 3,000 pounds of cargo for 330 nautical miles [1][7] - The EL9 Ultra Short aircraft is expected to revolutionize regional mobility by providing unprecedented point-to-point access and significantly reduced travel times [2][5] - Bristow has converted its pre-order agreement into a fixed agreement for five EL9 delivery slots, all to be delivered in the first year of production, with options for an additional 45 aircraft [3][7] Company Overview - Electra.aero, Inc. specializes in hybrid-electric Ultra Short airplanes, aiming to achieve significant performance advantages with lower operating costs compared to traditional aircraft [9] - Bristow Group Inc. is a leading provider of vertical flight solutions, primarily serving offshore energy companies and government entities, with a diverse range of aviation services [11] Strategic Partnership - The PDP agreement deepens the partnership between Electra and Bristow, aligning with industry standards and enhancing their commitment to Direct Aviation, which aims to make air travel more accessible [7][8] - Bristow plans to utilize the EL9 for various mobility solutions, including services for corporate customers, airlines, and government agencies [4][6] Technological Advancements - The EL9 Ultra Short can take off and land in just 150 feet, allowing for new transportation options and significantly reducing travel times [5][6] - Electra's Direct Aviation model aims to unlock thousands of new access points for air travel, making it more convenient for communities [8]