Bram de Haas • Tue, Nov. 18
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From other sites
at CNBC.com (Nov 10, 2014)
at MarketWatch.com (Sep 24, 2014)
at MarketWatch.com (Feb 24, 2014)
- Total revenues increased by 12% and a 31% EPS growth on an adjusted basis.
- Aircraft in Brazil will be fully utilized for the first time since the company bought into Brazil.
- CEO believed shares were attractively valued and bought them himself.
- The company got a lot of heat from analysts on not doing buybacks and will pay attention to its capital allocation decisions.
- When the cash flow coming in from Brazil starts showing up in the numbers in 2015 that could serve as a catalyst for a higher stock price.
Era: Profit From The Misperception Falling Crude Will Hurt Demand For Era's Services
- The oil and gas service line currently represents nearly three quarters of Era's business.
- Oil prices have been decimated but the number of deep sea drilling platforms is increasing over the next few years.
- Newer rigs require a higher POB count and tend to be worth it to operate once they have been delivered.
- Meanwhile Era trades at a discount to the value of its helicopter fleet.
- A few years of continued growth in assets, positive RoE, higher oil prices or a corporate event like a takeover can serve as catalysts.
- Era Group has corrected on decline in oil & gas prices, but the long-term fundamentals remain strong.
- The company trades at a discount to its net asset value and the forward PEG also indicates undervaluation.
- Revival in offshore activity coupled with higher oil prices will provide renewed upside momentum for the stock.
Wed, Nov. 5, 12:10 AM
Wed, Aug. 6, 6:54 AM
Tue, May. 6, 7:29 PM
Tue, Mar. 18, 6:08 AM
Nov. 13, 2013, 6:25 AM
ERA vs. ETF Alternatives
Era Group Inc is a helicopter operator and the longest serving helicopter transport operator in the United States, which is its primary area of operations. It operates three classes of helicopters: Heavy, Medium and Light helicopters.
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