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SEACOR Marine Holdings Inc - SMHI STOCK NEWS

Welcome to our dedicated news page for SEACOR Marine Holdings (Ticker: SMHI), a resource for investors and traders seeking the latest updates and insights on SEACOR Marine Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SEACOR Marine Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SEACOR Marine Holdings's position in the market.

Rhea-AI Summary
SEACOR Marine Holdings Inc. (NYSE: SMHI) reported strong fourth-quarter results with a notable increase in operating revenues, operating income, and direct vessel profit. The company saw a 26.2% improvement in revenues compared to the same quarter last year, with a DVP margin of 40.8%. Net income for the quarter was $5.7 million, a significant improvement from the previous year's net loss of $13.3 million. CEO John Gellert expressed satisfaction with the results and highlighted the positive performance across all business segments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.33%
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Rhea-AI Summary
SEACOR Marine Holdings Inc. (NYSE: SMHI) has announced its commitment to acquire state-of-the-art energy storage systems from Kongsberg Maritime AS for four of its Platform Supply Vessels (PSV). The hybrid power solution aims to enhance energy consumption and emissions management. The installation is expected to be completed by the second quarter of 2025, marking a significant step in the company's efforts to reduce environmental impact and enhance operational efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.37%
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Rhea-AI Summary
SEACOR Marine Holdings Inc. (NYSE: SMHI) reported its Q3 2023 results, with consolidated operating revenues of $75.6 million, operating income of $9.8 million, and direct vessel profit of $36.8 million. This represents a 26.4% improvement in revenues compared to Q3 2022 and a 13.0% improvement from Q2 2023. Average day rates also increased by 35.3% compared to Q3 2022. The company successfully refinanced $104.8 million of debt and acquired 100% ownership of a 2014-built FSV. Net loss for Q3 2023 was $0.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
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Rhea-AI Summary
SEACOR Marine Holdings Inc. has entered into a new $122.0 million senior secured term loan with EnTrust Global, extending debt maturities and providing financial flexibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
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Rhea-AI Summary
SEACOR Marine Holdings Inc. publishes 2022-2023 Sustainability Report, highlighting commitment to environment and social responsibility.
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Rhea-AI Sentiment
End-of-Day
3.77%
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Rhea-AI Summary
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Rhea-AI Sentiment
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-0.18%
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Rhea-AI Sentiment
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2.25%
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Rhea-AI Summary
SEACOR Marine Holdings Inc. announces first quarter results with improved revenues and DVP
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4.92%
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Rhea-AI Summary
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Rhea-AI Sentiment
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-0.6%
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Rhea-AI Sentiment
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-5.9%
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SEACOR Marine Holdings Inc

NYSE:SMHI

SMHI Rankings

SMHI Stock Data

359.30M
23.82M
12.74%
49.66%
0.53%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
US
Houston

About SMHI

seacor marine inc is an information technology and services company located in 11200 richmond ave # 400, houston, texas, united states.