Brief: SEACOR Marine Q2 Net Income USD -6.7 Million

SEACOR Marine Holdings

30/07/2025 22:11

Overview

SEACOR Marine Q2 operating revenue declines 13% yr/yr

Company posts operating income for Q2, compared with loss in year-ago period

Net loss for Q2 narrows to $6.7 mln vs loss of $12.5 mln year go

Outlook

Company plans to redeploy FSVs internationally in Q3 and Q4 2025

SEACOR Marine expects liftboat repairs to conclude by September 2025

Company sees healthy market activity in Middle East, mobilizing additional FSV

SEACOR Marine aims to reposition assets for lower volatility and better returns

Result Drivers

FLEET REPOSITIONING - Improved operating income attributed to strategic fleet repositioning and asset sales

HIGHER DAY RATES - Average day rates increased by 3.1% yr/yr, contributing to revenue despite lower utilization

DRYDOCKING IMPACT - $9.2 mln spent on drydocking and major repairs, affecting direct vessel profit margin

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Operating Revenue
Miss
$60.80 mln
$69.30 mln (1 Analyst)
Q2 Net Income
Beat
-$6.70 mln
-$7.16 mln (1 Analyst)
Q2 Operating Income
Beat
$6.10 mln
$2.29 mln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for SEACOR Marine Holdings Inc is $13.00, about 60.8% above its July 30 closing price of $5.10

Press Release: ID:nGNX18bvb8

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)