Hornbeck Offshore Swings to Q3 2026 Net Loss of $85.69 Million From Year-Earlier Profit
Bitget2026/11/04 22:00- Hornbeck Offshore swung to a third-quarter 2026 net loss of $85.69 million from net income of $51.93 million a year earlier.
- Revenue jumped 60% from the second quarter of 2026 to $293.34 million, primarily reflecting the incremental contribution from legacy Helix operations.
- Results included three months of legacy Hornbeck operations and one month of legacy Helix operations following the September 1 merger closing.
- Five-year integrated services agreements with Shell in the U.S. Gulf of America will commence in 2027.
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