Mergers & Acquisitions ·
Hornbeck Offshore Services, Inc. filed a Form 8-K to furnish investor presentation materials regarding its completed…
HLXHornbeck Offshore Services, Inc.
Hornbeck Offshore Services, Inc. filed a Form 8-K to furnish investor presentation materials regarding its completed merger with Helix Energy Solutions Group, which closed on September 1, 2026. The combination creates an integrated offshore services leader with approximately $3.4 billion in market capitalization and ~$551 million in pro forma LTM Adjusted EBITDA as of June 30, 2026. The combined entity operates a fleet of 85 vessels, including 57 U.S. Jones Act-qualified offshore supply vessels, and maintains a conservative net leverage ratio of 0.4x. Hornbeck Offshore Services, Inc. provides integrated marine transportation, subsea services, and well intervention solutions to the deepwater oilfield, defense, and renewables industries.