HOS On Other Exchanges
Symbol
Exchange
New York
Berlin
text size: T | T
Back to Snapshot
Company Description

Contact Info

103 Northpark Boulevard

Suite 300

Covington, LA 70433

United States

Phone: 985-727-2000

Fax: 985-727-2006

Hornbeck Offshore Services, Inc. provides marine transportation, subsea installation, and accommodation support services to exploration and production, oilfield service, offshore construction, and the U.S. military customers. The company owns and operates a fleet of the U.S.-flagged, new generation offshore supply vessels (OSVs) and multi-purpose support vessels (MPSVs). It has 62 OSVs and 6 MPSVs. Together, these vessels support the deep-well, deepwater and ultra-deepwater activities of the offshore oil and gas industry. Such activities include oil and gas exploration; field development; production; construction; installation; inspection, repair and maintenance; well-stimulation; and other enhanced oil recovery activities. The company has also developed a specialized application of its new generation OSVs for use by the U.S. military. The company operates in three core geographic markets: the GoM, Mexico and Brazil. In addition to its core markets, it frequently operates in other foreign regions on a project or term charter basis. The company has operated in the Middle East, the Mediterranean Sea, the Black Sea and Latin America, including Nicaragua, Guyana, Trinidad and Argentina. The company has further diversified by providing specialized vessel solutions to non-oilfield customers, such as the United States military, as well as oceanographic research and other customers that utilize marine platforms in their operations. In addition, the company provides vessel management services for other vessel owners, such as crewing, daily operational management and maintenance activities. The company also operates a shore-base support facility located in Port Fourchon, Louisiana. Customers The company’s customers are limited to large, independent, integrated or nationally-owned energy companies. For the year ended December 31, 2015, Royal Dutch Shell plc (including worldwide affiliates) and Seabed Geosolutions (US) Inc. each accounted for 10% or more of its consolidated revenues. Seasonality Demand for the company’s offshore support services is directly affected by the levels of offshore drilling and production activity. Budgets of many of its customers are based upon a calendar year, and demand for its services has historically been stronger in the second and third calendar quarters when allocated budgets are expended by its customers and weather conditions are more favorable for offshore activities. The company typically has an increase in demand for its vessels to survey and repair offshore infrastructure immediately following major hurricanes or other named storms in the GoM. Government Regulation Environmental Laws and Regulations: All of the wastes that the company generates are handled in all material respects in compliance with the Resource Conservation and Recovery Act and analogous state statutes. History Hornbeck Offshore Services, Inc. was founded in 1997. The company was incorporated under the laws of the state of Delaware in 1997.

 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

HOS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for HOS.
View Industry Companies
 

Industry Analysis

HOS

Industry Average

Valuation HOS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 0.2x
Price/Cash Flow 3.5x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact HORNBECK OFFSHORE SERVICES, please visit www.hornbeckoffshore.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.