with its headquarters in houston, texas, bristow group is the leading provider of helicopter services to the worldwide offshore energy industry based on the number of aircraft operated, and one of two helicopter service providers to the offshore energy industry with global operations. with recent acquisitions of premium regional air carriers, bristow provides point-to-point scheduled and charter transportation services, combining fixed-wing with rotary-wing services to clients around the world. the company’s operations are organized into four regions around the world, including africa, americas, europe caspian and asia pacific. search and rescue bristow’s proud heritage includes providing search and rescue (sar) services in the uk since 1971. utilizing specially commissioned helicopters equipped with the latest sar technology, including night vision, mission management and increased onboard medical capabilities, bristow provides civilian sar services in the uk and north scotland o
Company profile
Ticker
VTOL
Exchange
Website
CEO
Christopher Bradshaw
Employees
Location
Fiscal year end
Industry (SIC)
Former names
ERA GROUP INC.
SEC CIK
Corporate docs
Subsidiaries
Aeróleo Internacional LLC • ALN, Inc. • Aircraft Logistics Pty. Ltd. • Aircrew Logistics Pty. Ltd. • Airnorth Fleet Pty. Ltd. • Asia Pacific Air Pty Ltd • BGI Aviation Technical Services (Overseas) Limited • BGI International Ltd. • BHNA Holdings Inc. • BL Holdings B.V. ...
IRS number
721455213
VTOL stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
16 Apr 24
8-K
Departure of Directors or Certain Officers
21 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
8-K
Bristow Group Reports Fourth Quarter and Full Year 2023 Results
5 Mar 24
8-K/A
Departure of Directors or Certain Officers
23 Feb 24
8-K
Entry into a Material Definitive Agreement
24 Jan 24
8-K
Departure of Directors or Certain Officers
11 Dec 23
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
Bristow Group Reports Third Quarter 2023 Results
1 Nov 23
8-K
Regulation FD Disclosure
2 Oct 23
Transcripts
VTOL
Earnings call transcript
2023 Q4
6 Mar 24
VTOL
Earnings call transcript
2023 Q3
2 Nov 23
VTOL
Earnings call transcript
2023 Q2
3 Aug 23
VTOL
Earnings call transcript
2023 Q1
4 May 23
VTOL
Earnings call transcript
2023 Q3
9 Mar 23
VTOL
Earnings call transcript
2023 Q2
6 Nov 22
VTOL
Earnings call transcript
2023 Q1
5 Aug 22
VTOL
Earnings call transcript
2022 Q4
1 Jun 22
VTOL
Earnings call transcript
2022 Q3
4 Feb 22
VTOL
Earnings call transcript
2022 Q2
6 Nov 21
Latest ownership filings
4
Donna L Anderson
28 Mar 24
3
Donna L Anderson
28 Mar 24
4
David F. Stepanek
20 Mar 24
4
Lorin L. Brass
20 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
SC 13D/A
South Dakota Investment Council
14 Mar 24
4
Jennifer Dawn Whalen
12 Mar 24
4
Richard E Tatum
12 Mar 24
Financial summary
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Diluted EPS |
Annual (USD) | Mar 22 | Mar 21 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 209.74 mm | 209.74 mm | 209.74 mm | 209.74 mm | 209.74 mm | 209.74 mm |
Cash burn (monthly) | 2.15 mm | 4.06 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 14.33 mm | 27.03 mm | n/a | n/a | n/a | n/a |
Cash remaining | 195.41 mm | 182.71 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 90.8 | 45.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
34.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 15 |
Opened positions | 0 |
Closed positions | 121 |
Increased positions | 1 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 3.81 bn |
Total shares | 9.65 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
South Dakota Investment Council | 5.19 mm | $144.03 mm |
Empyrean Capital Overseas Master Fund | 2.82 mm | $14.56 mm |
Bain Capital Credit Member | 1.48 mm | $43.30 mm |
Allspring Global Investments | 71.92 k | $2.03 bn |
Assenagon Asset Management | 27.37 k | $773.72 mm |
Harbor Capital Advisors | 17.25 k | $487.77 mm |
New York State Teachers Retirement System | 16.58 k | $469.00 k |
State of Alaska, Department of Revenue | 14.77 k | $417.00 k |
Mirae Asset Global Investments | 10.90 k | $308.12 mm |
FITB Fifth Third Bancorp | 50.00 | $1.41 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Anderson Donna L | Common Stock | Grant | Acquire A | No | No | 26.33 | 12,533 | 329.99 k | 12,533 |
19 Mar 24 | Stepanek David F. | Common Stock | Sell | Dispose S | No | No | 26.1309 | 9,033 | 236.04 k | 46,878 |
19 Mar 24 | Brass Lorin L. | Common Stock | Sell | Dispose S | No | No | 25.6462 | 7,500 | 192.35 k | 26,388 |
18 Mar 24 | Brass Lorin L. | Common Stock | Sell | Dispose S | No | No | 26 | 200 | 5.20 k | 33,888 |
10 Mar 24 | Richard E Tatum | Common Stock | Payment of exercise | Dispose F | No | No | 25.63 | 990 | 25.37 k | 24,917 |
News
Benchmark Reiterates Buy on Bristow Group, Maintains $40 Price Target
8 Mar 24
Evercore ISI Group Maintains Outperform on Bristow Group, Lowers Price Target to $38
8 Mar 24
Bristow Group Q4 2023 Adj EPS $(0.070) Misses $0.540 Estimate, Sales $337.934M Beat $329.200M Estimate
5 Mar 24
Earnings Scheduled For March 5, 2024
5 Mar 24
Bristow Group's Earnings: A Preview
4 Mar 24
Press releases
Bristow Group Reports Fourth Quarter and Full Year 2023 Results
5 Mar 24
Bristow Upgrades Fleet with New AW189 Helicopters to Meet Customer Demand and Boost Profitability
28 Feb 24
Bristow Group Announces Fourth Quarter and Full Year 2023 Earnings Release Call
27 Feb 24
Bristow and The Helicopter Company Form Strategic Partnership to Explore Advanced Air Mobility Opportunities
27 Feb 24
Bristow Takes Significant Step Towards Next Generation of Coast Guard Search and Rescue Aviation Services in Ireland
7 Feb 24