Stavley Stuart sold $472K of VTOL

Bristow Group (VTOL) reported Q2 net income of $21.2M, up from $13.1M in Q1, with revenue at $411.8M and adjusted EBITDA at $79.8M. Offshore Energy Services saw margin expansion, while Government Services faced losses due to supply chain issues. The company acquired Berry Aviation for $105M, expanding its government business, and maintained full-year EBITDA guidance.

Penningtons Manches Cooper expanded its private wealth practice to Singapore, led by Rachel Yao. Lubbock Fine argued against CGT on gains under £10,000. Permira acquired JTC for £2.7B, delisting it from the LSE. HFW hired Toby Joy for yacht and jet practices. Collyer Bristow promoted Emily Malvaso to partner. HMRC outlined IHT reforms for pensions. Saffery Trust appointed Nicola Mauger as client director.

ProPetro (PUMP) is up 10% post-earnings at $11.73. Select Water Solutions (WTTR) reported $395.8M revenue, up 8.7% YoY, beating estimates, and its stock rose 8.7% to $20.11. Borr Drilling (BORR) saw revenue decline 13.2% YoY, missing estimates, but its stock increased 14.6% to $4.88. Bristow Group (VTOL) reported $411.8M revenue, up 9.4% YoY, beating expectations, but its stock fell 5.2% to $45.24. Helmerich & Payne (HP) reported flat revenue but beat estimates, with its stock up 40.9% to $46.90

Solus Alternative Asset Management, its affiliate, and Christopher Pucillo disclosed a 9.61% stake in Bristow Group (VTOL), owning 2,849,710 shares. The disclosure was made via a Schedule 13D/A filing, with no sole voting or dispositive power over the shares. The ownership percentage is based on 29,642,000 outstanding shares as of July 31, 2026.

Valaris (VTOL) reported $539.2M revenue, down 12.4% YoY, beating estimates. ProPetro (PUMP) reported $305.8M revenue, down 6.2% YoY, missing estimates. NOV (NOV) reported $2.13B revenue, down 2.5% YoY, beating estimates. Helix Energy (HLX) reported $304M revenue, flat YoY, missing revenue but beating EPS and EBITDA estimates. All stocks rose post-earnings.

Bristow Group (NYSE:VTOL) reported Q2 2026 revenue of $411.8 million and adjusted EBITDA of $79.8 million. Net income was $21.2 million, or $0.70 per diluted share. Management affirmed 2026 adjusted EBITDA guidance of $295 million to $325 million and revenue of $1.6 billion to $1.7 billion, citing supply chain delays and jet fuel price impacts. The company completed the $105 million Berry Aviation acquisition and declared a $0.125 quarterly dividend.