New insider activity at Bristow Group ( (VTOL) ) has taken place on March 21, 2025.
Director Maryanne Miller has recently sold 2,200 shares of Bristow Group stock, amounting to a total transaction value of $70,730.
Recent Updates on VTOL stock
Bristow Group Inc reported strong financial results for the fourth quarter and full year 2024, exceeding its revised outlook. The company achieved a net income of $31.8 million for Q4 and $94.8 million for the full year, driven by robust growth in the offshore energy services sector. Bristow introduced a new capital allocation framework focusing on debt reduction, growth opportunities, and returning capital to shareholders through dividends and share buybacks. Despite challenges such as supply chain issues, foreign exchange losses, and a tragic aviation safety incident, the company remains optimistic about its growth prospects, particularly in the government services segment. Bristow plans to reduce its debt and initiate a quarterly dividend program by 2026, reflecting its strategic focus on enhancing shareholder value.
More about Bristow Group
YTD Price Performance: -9.43%
Average Trading Volume: 111,584
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $897M