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Last $60.71 USD
Change Today +0.69 / 1.15%
Volume 489.9K
BRS On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 05/21/15 All times are local (Market data is delayed by at least 15 minutes).

bristow group inc (BRS) Snapshot

Open
$57.47
Previous Close
$60.02
Day High
$61.86
Day Low
$57.47
52 Week High
07/1/14 - $81.60
52 Week Low
03/24/15 - $50.80
Market Cap
2.1B
Average Volume 10 Days
382.3K
EPS TTM
$2.66
Shares Outstanding
34.8M
EX-Date
06/3/15
P/E TM
22.8x
Dividend
$1.36
Dividend Yield
2.11%
Current Stock Chart for BRISTOW GROUP INC (BRS)

bristow group inc (BRS) Related Businessweek News

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bristow group inc (BRS) Details

Bristow Group Inc. provides helicopter services to the offshore energy industry in Africa, Americas, the Asia Pacific, and Europe Caspian. Its helicopters are used principally to transport personnel between onshore bases and offshore production platforms, drilling rigs, and other installations, as well as to transport time-sensitive equipment to these offshore locations. The company also offers helicopter flight training services to commercial pilots and flight instructors, as well as military training services through its Bristow Academy. In addition, it provides helicopter repair and production support services; and search and rescue services to oil and gas companies. The company provides its helicopter services to integrated, national, and independent oil and gas companies. As of March 31, 2015, it operated a fleet of 501 aircraft. The company was formerly known as Offshore Logistics Inc. and changed its name to Bristow Group Inc. in February 2006. Bristow Group Inc. was founded in 1955 and is headquartered in Houston, Texas.

4,486 Employees
Last Reported Date: 05/21/14
Founded in 1955

bristow group inc (BRS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $449.0K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $370.7K
Chief Administration Officer and Senior Vice ...
Total Annual Compensation: $384.1K
Chief Legal Officer, Senior Vice President an...
Total Annual Compensation: $358.5K
Compensation as of Fiscal Year 2014.

bristow group inc (BRS) Key Developments

Bristow Group Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Fiscal Year Ended March 31, 2015; Provides Earnings and Operating Guidance for the Fiscal 2016

Bristow Group Inc. reported unaudited consolidated earnings results for the fourth quarter and fiscal year ended March 31, 2015. For the quarter, operating revenue was $418.9 million compared to $404.6 million a year ago, an increase of 3.5%, driven by improvements in Australia, North America and Europe Business Units. Operating income was $27,702,000 against $47,421,000 a year ago. Income before provision for income taxes was $20,198,000 against $37,499,000 a year ago. Net income attributable to Bristow Group was $15,077,000 against $30,318,000 a year ago. Diluted earnings per common share were $0.43 against $0.83 a year ago. Adjusted operating income was $49,261,000 against $68,401,000 a year ago. Adjusted EBITDAR was $126,330,000 against $122,923,000 a year ago. Adjusted net income was $31,804,000 against $49,129,000 a year ago. Adjusted diluted earnings per share were $0.91 against $1.35 a year ago. For the fourth quarter, total capital expenditures were $103 million or $74 million per 1 aircraft. For the year, gross revenue was $1,858,669,000 compared to $1,669,582,000 a year ago. Operating income was $145,874,000 against $186,977,000 a year ago. Income before provision for income taxes was $111,473,000 against $244,991,000 a year ago. Net income attributable to Bristow Group was $84,300,000 against $186,737,000 a year ago. Diluted earnings per common share were $2.40 against $5.15 a year ago. Adjusted operating income was $210,564,000 against $233,459,000 a year ago. Adjusted EBITDAR was $473,824,000 against $433,656,000 a year ago. Adjusted net income was $133,963,000 against $163,176,000 a year ago. Adjusted diluted earnings per share were $3.77 against $4.45 a year ago. Net cash provided by operating activities was $253,226,000 against $232,094,000 a year ago. Capital expenditures were $601,834,000 against $628,613,000 a year ago. Fiscal 2015 capital expenditures represent a reduction of 4% from fiscal 2014, primarily due to CapEx reductions in fourth quarter. The company provided adjusted diluted earnings per share guidance range for fiscal year 2016 of $3.90 to $4.40. The company is initiating its fiscal 2016 full year adjusted EPS guidance range at $3.90 to $4.40. Guidance assumes that foreign exchange rates remain at March 31, 2015 levels. The following slide provides some insight into the company’s fiscal 2016 guidance compared to its fiscal 2015 adjusted EPS. The company CapEx will decline 15% to 25% in fiscal 2016 because of the significant reduction in UK SAR ramp-up spending, as well as other measures to reduce oil and gas CapEx, including adjusting helicopter delivery schedules and delaying facility improvements. The company remains committed to an adjusted EPS compound annual growth rate of 10% to 15% over the next 3 to 5 years, a doubling of the dividend over the same period at a 20% to 30% forward dividend payout policy. The company expects its adjusted EBITDAR margin to be in the mid-30s for fiscal year 2016. In February, the company expects that fiscal 2016 oil and gas revenues would be roughly flat, with noted concerns about further market deterioration. Further deterioration materialized late in fourth quarter of fiscal 2015, along with projected spare helicopter capacity. The company has adjusted its oil and gas forecast accordingly with revenue down 5% to 10% year-over-year.

Bristow Group Announces Quarterly Dividend, Payable on June 18, 2015

Bristow Group announced that it will pay a quarterly dividend on its common stock of $0.34 per share on June 18, 2015 to shareholders of record on June 5, 2015. The company has increased its dividend rate by 6% from the $0.32 per share paid for the previous quarter.

Bristow Group, Inc. to Report Q4, 2015 Results on May 20, 2015

Bristow Group, Inc. announced that they will report Q4, 2015 results at 5:00 PM, Eastern Standard Time on May 20, 2015

 

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BRS

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Valuation BRS Industry Range
Price/Earnings 21.7x
Price/Sales 1.2x
Price/Book 1.2x
Price/Cash Flow 10.4x
TEV/Sales 0.7x
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