Alex Wethel's questions to Bristow Group Inc (VTOL) leadership • Q1 2025
Question
Alex Wethel of Arctic Securities asked about the impact of softening oil prices on the offshore energy business, seeking an indication of the price level at which Bristow would begin to see an effect on its business and outlook.
Answer
President and CEO Chris Bradshaw stated that the company has not seen any tangible impact on offshore activity to date. He emphasized that deepwater projects have attractive economics and that Bristow does not anticipate a material impact on its business unless the Brent crude price falls below the $60 per barrel level.