SEACOR Marine Holdings Inc. Common Stock (SMHI)
SEACOR Marine Holdings Inc. (SMHI) is a global provider of offshore support services to the oil and gas industry. The company offers a fleet of offshore vessels for transportation, supply, and support of offshore drilling and production activities, focusing on safety, reliability, and operational efficiency. Headquartered in Houston, Texas, SEACOR Marine serves clients worldwide, primarily in the Gulf of Mexico, Asia, and the Middle East.
Company News
SEACOR Marine Holdings Inc. (SMHI) announced the purchase of 1,355,761 of its common shares and warrants to purchase 1,280,195 shares from funds affiliated with Carlyle. The aggregate purchase price was approximately $12.9 million, and the transaction simplifies the company's capital structure by eliminating all outstanding warrants.
Seacor Marine (SMHI) delivered earnings and revenue surprises of -95.35% and 0.99%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
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