Bristow Group Inc. 

Bristow Group, Inc. provides offshore oil and gas transportation, and search and rescue and aircraft support services to government and civil organizations. The company’s services include global SAR, helicopter sales, maintenance and modifications, training, oil & gas, and unmanned aircraft system solutions. Its global fleet supports operations in the North Sea, Nigeria and the U.S. Gulf of Mexico, as well as in the other offshore oil and gas producing regions of the world, including Australia, Brazil, Canada, Guyana and Trinidad. Bristow Group was founded in 1955 and is headquartered in Houston, TX.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q4 2024

Bristow Group Exceeds Q1 Estimates, Anticipates Offshore Energy Growth

VTOL's Q1 2023 performance exceeded estimates, affirming full-year guidance. While facing challenges with decreased operating revenues and increased expenses, the company remains focused on safety and anticipates growth opportunities in offshore energy spending and government services.

Bristow Group Inc. reports strong Q2 earnings and secures key contracts

Bristow Group Inc. demonstrated robust financial performance in Q2 2023, with positive EBITDA growth and strong cash flow generation.
The company's focus on safety, secured contracts, and financial stability underpin its growth trajectory and market positioning.
While challenges like operational efficiency and market dynamics persist, Bristow's opportunities for growth and profitability are substantial.

Bristow Group reports robust Q3 earnings, eyes growth in offshore markets

Bristow Group's Q3 performance reflects strong financial growth, with raised guidance and a focus on safety and efficiency.
Despite challenges like supply chain issues and seasonality affecting short-term outlook, the company remains optimistic about future growth.
Strategic strengths in partnerships, market opportunities, and client-centric solutions position Bristow Group for continued success and expansion.
Navigating challenges while capitalizing on growth opportunities will be key for Bristow Group's sustainable financial performance and market leadership.

Bristow Group anticipates EBITDA growth in 2024 despite challenges

Bristow Group's Q4 2023 Earnings Call highlighted achievements in 2023, financial outlook for 2024, and strategic initiatives for fleet enhancement. Despite challenges, the company remains focused on capitalizing on growth opportunities and maintaining financial resilience.

Bristow Group Inc. reports solid Q1 performance and growth outlook

Bristow Group Inc. delivered a strong Q1 performance with a focus on safety and global presence.
Challenges include operational factors, spare parts delays, and negotiation complexities.
Opportunities lie in expected EBITDA growth, contract renewals, and AAM partnerships.
Capital allocation strategy aims for balance sheet strength and shareholder returns.

Bristow Group Inc. reports strong Q3 performance and raises guidance

Bristow Group Inc. delivered a strong performance in Q3 2024, with increased revenues and improved guidance for the full year.
Management's focus on safety, positive industry fundamentals, and strategic capital allocation position the company for growth.
While facing challenges from rising expenses, the company is optimistic about growth opportunities in key segments and aims for sustained profitability.

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Bristow Group, Inc. engages in the provision of aviation services to offshore energy companies and government entities. The company’s services include personnel transportation, search and rescue (SAR), medevac, fixed wing transportation, unmanned systems, and ad-hoc helicopter services. It operates through the following segments: Offshore Energy Services, Government Services, Fixed Wing Services, and Other Services. Bristow Group was founded in 1955 and is headquartered in Houston, TX.

Bristow Group, Inc. (VTOL) CEO Chris Bradshaw on Q1 2022 Results - Earnings Call Transcript

Bristow Group, Inc. (BRS) CEO Christopher Bradshaw on Q1 2022 Results - Earnings Call Transcript

HOUSTON, Aug. 4, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) today reported net loss attributable to the Company of $14.2 million, or $0.50 per diluted share, for its fiscal first quarter ended June 30, 2021 ("current quarter") on operating revenues of $288.4 million compared to net loss attributable to the Company of $42.6 million, or $1.47 per diluted share, in the quarter ended March 31, 2021 ("preceding quarter") on operating revenues of $281.5 million. Earnings before interest, taxes, depreciation and amortization ("EBITDA") was $14.8 million in the current quarter compared to $(32.2) million in the preceding quarter.

Bristow Group Reports First Quarter Fiscal Year 2022 Results

HOUSTON, July 28, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, today announced it will release financial results for its first quarter fiscal year 2022 after market close on Wednesday, August 4, 2021. In connection with the release, Bristow has scheduled a conference call for Thursday, August 5, 2021 to begin at 10 a.m.

Bristow Group Announces First Quarter Fiscal Year 2022 Earnings Release Call

VTOL is ridiculously undervalued compared to its true free cash flows.

Bristow: Value Stock Flying Under The Radar

HOUSTON, July 12, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) today announced four separate two-year contract extensions through April 2024 with Equinor, Shell and Neptune to support its air transportation crew change services for their operations in the Norwegian continental shelf. Bristow has been an Equinor aviation partner for more than 20 years and will continue to use its fleet of S-92s to provide crew change flights out of Bristow's bases in Bergen and Florø, Norway.

Bristow Group Announces Contract Extensions with Equinor, Shell and Neptune in Norway

Bristow stock trades at 10x 2021 FCF and only 6x 2022 FCF, with cost cuts and a highly visible surge in offshore demand about to drive earnings much higher.

Bristow Group: Best Management Team In Offshore, Buy At 6x FCF Ahead Of Surging Demand

HOUSTON, June 17, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the leading provider of innovative vertical flight solutions, today announced that the Company will be presenting at the J.P. Morgan 2021 Energy, Power & Renewables Conference to be held June 22-23, 2021.

Bristow Group to Present at the J.P. Morgan 2021 Energy, Power & Renewables Conference

Bristow reports another noisy quarter as merger-related and restructuring charges still mask the company's operational progress and healthy cash flow generation.

Bristow Group: Get Long Ahead Of A Likely Recovery In Offshore Drilling Next Year

Bristow Group Inc. (VTOL) CEO Chris Bradshaw on Q4 2021 Results - Earnings Call Transcript

Bristow Group's (BRS) CEO Chris Bradshaw on Q4 2021 Results - Earnings Call Transcript

HOUSTON, May 26, 2021 /PRNewswire/ -- Net loss of $42.6 million, or $1.47 per diluted share, in Q4 FY21 EBITDA adjusted to exclude special items and asset dispositions was $30.5 million in Q4 Adjusted Free Cash Flow was $54.9 million in Q4 FY21 As of March 31, 2021, unrestricted cash balance was $228.0 million with total liquidity of $284.1 million During Q4, the Company closed a private offering of $400 million aggregate principal amount of 6.875% senior secured notes and used a portion of the net proceeds, together with cash on hand, to repay certain term loans and to redeem its 7.750% senior unsecured notes (the "Refinancing") Bristow Group Inc. (NYSE: VTOL) today reported net loss attributable to the Company of $42.6 million, or $1.47 per diluted share, for its fiscal fourth quarter ended March 31, 2021 ("current quarter") on operating revenues of $281.5 million compared to net loss attributable to the Company of $57.1 million, or $1.97 per diluted share, for the quarter ended December 31, 2020 ("preceding quarter") on operating revenues of $300.3 million. The primary drivers of the net loss in the current quarter were the recognition of losses on the extinguishment of debt and merger-related costs.

Bristow Group Reports Fourth Quarter And Full Fiscal Year 2021 Results

HOUSTON, May 24, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) announced today that retired U.S. Air Force General Maryanne Miller has been appointed to its Board of Directors. The appointment to the new director position was effective May 23, 2021.

Bristow Group Appoints Retired U.S. Air Force General Maryanne Miller to its Board of Directors

HOUSTON, May 19, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, today announced it will release financial results for its fourth quarter fiscal year 2021 after market close on Wednesday, May 26, 2021. In connection with the release, Bristow has scheduled a conference call for Thursday, May 27, 2021 to begin at 10 a.m.

Bristow Group Announces Fourth Quarter Fiscal Year 2021 Earnings Release Call

HOUSTON, April 29, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) today announced a three-year contract extension until August 2024 with Aker BP to support air transportation crew change services for their operations in the Norwegian continental shelf. Bristow has been an Aker BP (former BP Norge) aviation partner for more than 15 years and will use its fleet of existing S-92s in Norway to provide crew change flights out of Bristow's base in Sola, Norway.

Bristow Group Announces Contract Extension with Aker BP in Norway

HOUSTON, March 31, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) today announced changes to its executive leadership team structure that will help the Company capitalize on evolving market conditions and better position Bristow for long-term growth. The changes are effective April 1 st, as the Company begins its new fiscal year.

Bristow Announces Executive Leadership Team Reorganization

ABERDEEN, England, March 22, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) is the first helicopter operator in the UK to achieve a new mandatory international aviation safety standard designed to ensure the airworthiness of its aircraft, underscoring the Company's commitment to safety and industry leadership. Bristow was notified it officially achieved the certification – Continued Airworthiness Management Organisation certification (known as Part CAMO) – on March 22, 2021, well ahead of the required compliance date of August 2021, determined by the Civil Aviation Authority, following European Aviation Safety Agency guidelines.

Bristow becomes first UK helicopter operator to achieve major international safety standard

Bristow Group is a well-managed company generating positive free cash flow in a hard-hit industry. It trades at a discount to both book value and net asset value.

Bristow Group: Cheap And Well-Managed

HOUSTON, Feb. 25, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) (the "Company") announced today the closing of its private offering of $400 million aggregate principal amount of 6.875% senior secured notes due 2028 (the "notes"). The notes were issued under an indenture, dated...

Bristow Group Announces Closing of $400 Million Senior Secured Notes Offering and Repayment of Term Loans

Bristow Group, Inc. (BRS) CEO Christopher Bradshaw on Q3 2021 Results - Earnings Call Transcript

HOUSTON, Feb. 10, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) (the "Company") announced today the pricing of its previously announced private offering of $400 million aggregate principal amount of 6.875% senior secured notes due 2028 (the "notes") to eligible purchasers pursuant...

Bristow Group Announces Pricing of $400 Million Senior Secured Notes in a Private Offering

HOUSTON, Feb. 8, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) (the "Company") announced today that it has commenced, subject to market conditions and other factors, a private offering of $400 million aggregate principal amount of senior secured notes due 2028 (the "notes") to...

Bristow Group Announces Private Offering of $400 Million Senior Secured Notes and Conditional Redemption of 7.750% Senior Notes due 2022

Bristow Group Inc. (VTOL) CEO Chris Bradshaw on Q3 2021 Results - Earnings Call Transcript

HOUSTON, Feb. 2, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) today reported net loss attributable to the Company of $57.1 million, or $1.97 per diluted share, for its fiscal third quarter ended December 31, 2020 ("current quarter") on operating revenues of $300.3 million compared...

Bristow Group Reports Third Quarter Fiscal Year 2021 Results

HOUSTON, Jan. 26, 2021 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL), the global leader in vertical flight solutions, today announced it will release financial results for its third quarter fiscal year 2021 after the market closes on Tuesday, February 2, 2021. In connection with the...

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