Hornbeck Offshore Services, Inc. (HOS Proposed) updated the financial information today in its amended prospectus – dropping a hint that it may be getting closer to going public. The Covington, Louisiana-based oilfield services company, which provides water transportation to offshore drilling rigs, earned net income of $136.35 million on revenue of $655.46 million for the 12 months that ended Sept. 30, 2025. (Note: The S-1/A filing is dated Nov. 14, 2025.)
That financial picture is worth noting. Hornbeck Offshore Services emerged from Chapter 11 bankruptcy protection a little more than five years ago – in late September 2020.
Hornbeck Offshore Services’ path out of bankruptcy was smoothed by a $100 million cash infusion from funds managed by Ares Management Corp., a private equity company, along with funds managed by Whitebox Advisors LLC and Highbridge Capital Management LLC. Those three companies are Hornbeck’s three biggest shareholders, according to the prospectus.
J.P. Morgan and Barclays are the lead joint book-runners.
Goldman Sachs – listed as a lead joint book-runner on the cover of the S-1 – does not appear in this updated list of bankers.
(For more information about these companies, please check the IPO Calendar and the individual IPO Profiles found on the IPOScoop.com website.)
Note: Never trade on proposed symbols. They have been known to change and you might buy something on the OTC Bulletin Board.
To see what time the NASDAQ IPOs are expected to trade, please log in to: NASDAQTrader.com then scroll down to IPO Message.
Disclosure: Nobody on the IPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. The IPOScoop.com staff does not issue advice, recommendations or opinions.
Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums) is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading.
The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. The SCOOP ratings should not be taken as investment advice. The rating merely reflects the opinion of the professionals at the time of publication and the rating is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the shifting of investor interest in the IPO. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy.
(For more information about this company, please check the IPO Calendar and the individual IPO Profile found on the IPOScoop.com website.)
Note: Never trade on proposed symbols. They have been known to change and you might buy something on the OTC Bulletin Board.
To see what time the NASDAQ IPOs are expected to trade, please log in to: NASDAQTrader.com then scroll down to IPO Message.
Disclosure: Nobody on the IPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. The IPOScoop.com staff does not issue advice, recommendations or opinions.
Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums) is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading.