Helix Energy Solutions Group

Helix Energy Solutions Group, Inc. is an international offshore energy company. It focuses on subsea construction, maintenance and salvage services to the offshore natural gas and oil industry. The firm also provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. The company operates through the following business segments: Well Intervention, Robotics and Production Facilities. The Well Intervention segment offers vessels and related equipment that are used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions. The Robotics segment involves four chartered vessels and also includes ROVs, trenchers and ROVDrills designed to complement offshore construction and well intervention services. The Production Facilities segment includes its investment in the Helix Producer I and Kommandor LLC. The company was founded in 1979 and is headquartered in Houston, TX.

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Helix Energy Solutions Group reports strong Q4 earnings and eyes renewables growth

Helix Energy Solutions Group delivered solid financial performance in Q4 2022 and for the full year, showcasing growth and operational efficiency.
The company's strong balance sheet, share buyback program, and focus on renewables and decommissioning opportunities position it for sustainable growth.
While facing challenges such as revenue variability and seasonality effects, Helix Energy Solutions Group is well-positioned to capitalize on market opportunities and drive profitability.
With a strategic outlook for 2023, including revenue guidance and operational insights, the company aims to maintain financial stability and capitalize on emerging trends.

Helix Energy Solutions Group exceeds Q1 expectations amidst market challenges

Helix Energy Solutions Group demonstrated operational strength and exceeded expectations in Q1 2023, trending towards upper-end guidance.
Efficiency advantages of intervention vessels and strong market demand were key drivers of performance.
Challenges include vessel availability concerns, cost management in a tight labor market, and pricing dynamics.
Opportunities lie in exploring flexible contract structures, positive cash generation, and potential framework adjustments for strategic growth.

Helix Energy Solutions Group reports robust Q2 performance and growth opportunities

Helix Energy Solutions Group demonstrated strong financial performance in Q2 2023, with revenue growth and improved profitability across key segments.
The company's focus on offshore markets, robotics, and decommissioning business positions it well for future growth and contract opportunities.
Challenges such as seasonal market fluctuations and operator concerns require strategic management, but overall, Helix shows resilience and potential for expansion.
With a solid foundation in place and a positive outlook for the future, Helix Energy Solutions Group is poised for continued success and value creation for shareholders.

Helix Energy Solutions Group reports robust Q3 performance and eyes 2024 growth opportunities

Helix Energy Solutions Group delivered strong financial results in Q3 2023, showcasing improved performance and positive market conditions. The company is strategically managing challenges such as debt instruments and working capital impacts while focusing on growth opportunities in 2024. Analyst questions centered on free cash flow guidance, future growth prospects, and acquisitions in specific market segments.

Helix Energy reports improved Q4 performance amidst global growth opportunities

Helix Energy Solutions Group showcased improved financial performance in Q4 2023 despite a net loss, with strong activity levels and balance sheet restructuring efforts.
The company's strengths lie in its market positioning in the Gulf of Mexico, global growth opportunities, and leadership in Robotics services.
Challenges include segment-specific fluctuations, ongoing debt restructuring, and market uncertainties, while opportunities exist in market expansion and financial stability.

Helix Energy Solutions Group (HLX) reports Q1 results, eyes Brazil opportunities

Helix Energy Solutions Group (HLX) reported mixed financials for Q1 2024 but highlighted operational successes and strategic moves. The company is maintaining guidance for 2024, expecting strong quarters in Q2 and Q3. HLX remains optimistic about opportunities in the offshore market and potential vessel investments.

Helix Energy reports robust Q2 earnings, eyes growth opportunities

Helix Energy Solutions Group delivered strong financial results in Q2 2024, showcasing operational efficiency and revenue growth across key segments.
While facing short-term liquidity challenges and operational queries, the company's focus on debt management and strategic guidance for 2024 highlight a path towards sustained growth.
With opportunities for revenue expansion and enhanced profitability in Well Intervention and Robotics, Helix Energy Solutions Group is poised for continued success and market leadership.

Helix Energy Solutions Group reports resilient Q3 performance and growth outlook

Helix Energy Solutions Group delivered a strong financial performance in Q3 2024, supported by solid revenues and profitability, despite operational challenges.
The company's robotics business segment stood out with high utilization rates and a focus on renewable energy projects, showcasing strategic alignment with market trends.
While facing challenges from mobilizations and weather-related impacts, Helix Energy Solutions Group maintains a positive outlook for growth in 2024, backed by increased revenue and EBITDA guidance.

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The offshore services company impressed its investors.

Why Helix Energy Solutions Stock Is Skyrocketing Today

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income1 of $2.7 million, or $0.02 per diluted share, for the fourth quarter 2022 compared to net losses of $18.8 million, or $(0.12) per diluted share, for the third quarter 2022 and $25.9 million, or $(0.17) per diluted share, for the fourth quarter 2021. Helix reported adjusted EBITDA2 of $49.2 million for the fourth quarter 2022 compared to $52.6 million for the third quarter 2022 and $8.

Helix Reports Fourth Quarter and Full Year 2022 Results

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) announced today that its Board of Directors has authorized a repurchase program for up to $200 million of Helix's issued and outstanding shares. Owen Kratz, President and Chief Executive Officer of Helix, stated, “We view this program as a prudent use of our capital and an excellent opportunity to deploy cash to shareholders. We expect to generally align execution of the program with our cash flow generation.

Helix Announces $200 Million Share Repurchase Program

HOUSTON--( BUSINESS WIRE )--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its fourth quarter and full year 2022 results on Monday, February 20, 2023, after the close of business. The press release and associated slide presentation will be available on Helix's website, www.helixesg.com .

Helix Announces Fourth Quarter and Full Year 2022 Earnings Release Date and Conference Call Information

Does Helix Energy (HLX) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Helix Energy (HLX) a Strong Momentum Stock: Buy Now?

Shares of leading offshore specialty services provider are up by more than 100% since I initiated coverage of the company last summer. The company expects to report strong results for the second half of 2022 with high asset utilization and improved dayrates contributing to much better than originally projected revenues and profitability.

Helix Energy Solutions - Strong Prospects For 2023 And Beyond

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Is Helix Energy Solutions Group (HLX) Stock Outpacing Its Oils-Energy Peers This Year?

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HOUSTON--( BUSINESS WIRE )--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that an affiliate of Talos Energy Inc. (“Talos”) (NYSE:TALO) has extended for one year the term of its contract with Helix for the Helix Producer I floating production vessel in the Gulf of Mexico. The one-year extension term is scheduled to conclude on June 1, 2024 with Talos having the option to extend the contract annually.

Helix Energy Solutions Announces Contract Extension with Talos for Helix Producer I

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce a deepwater well decommissioning contract award by Shell Brasil Petroleo Ltda.

Helix Energy Solutions Awarded Well Decommissioning Project from Shell Brasil

Helix Energy Solutions Group, Inc. (NYSE:HLX ) Q3 2022 Earnings Conference Call October 25, 2022 10:00 AM ET Company Participants Brent Arriaga - CAO & Corporate Controller Kenneth Neikirk - SVP, General Counsel & Corporate Secretary Owen Kratz - President, CEO & Director Scott Sparks - EVP & COO Erik Staffeldt - EVP & CFO Conference Call Participants James Schumm - Cowen and Company Donald Crist - Johnson Rice & Company David Smith - Pickering Energy Partners Insights Kay Hoh - Evercore ISI Operator Greetings, and welcome to the third quarter Helix Energy Solutions 2022 Earnings Conference Call. [Operator Instructions].

Helix Energy Solutions Group, Inc. (HLX) Q3 2022 Earnings Call Transcript

Helix Energy (HLX) delivered earnings and revenue surprises of -266.67% and 19.45%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Helix Energy (HLX) Reports Q3 Loss, Tops Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported a net loss1 of $18.8 million, or $(0.12) per diluted share, for the third quarter 2022 compared to net losses of $29.7 million, or $(0.20) per diluted share, for the second quarter 2022 and $19.0 million, or $(0.13) per diluted share, for the third quarter 2021.

Helix Reports Third Quarter 2022 Results

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its third quarter 2022 results on Monday, October 24, 2022, after the close of business. The press release and associated slide presentation will be available on Helix's website, www.HelixESG.com. Helix will review its third quarter 2022 results on Tuesday, October 25, 2022, at 9:00 a.m. Central Time via a live webcast and teleconference. The live webcast will be available on our websit

Helix Announces Third Quarter 2022 Earnings Release Date and Conference Call Information

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (“Helix”) (NYSE: HLX) announced today that its Board of Directors (the “Board”) has appointed Diana Glassman and Paula Harris as new directors. William L. Transier, Chairman of the Board, stated, “We are pleased to welcome both Diana and Paula to the Helix Board of Directors. The wealth of experience our two new Board members have will bring valuable perspectives to our Board. Helix remains committed to board refreshment and diversity

Helix Appoints Diana Glassman and Paula Harris as New Directors

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HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (“Petrobras”) for the Siem Helix 2 well intervention vessel offshore Brazil. The negotiated extension is scheduled to conclude in December 2024 and directly follows Helix's current contracts with Petrobras. Scotty Sparks, Helix's Executive Vice President and Chief Operating Off

Helix Energy Solutions Announces Two-Year Contract Extension with Petrobras for Siem Helix 2

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HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that its wholly owned subsidiary Deepwater Abandonment Alternatives, Inc. (“DAA”) has acquired from MP Gulf of Mexico, LLC (“MP GOM”), a joint venture controlled by Murphy Exploration & Production Company – USA, all of MP GOM's 62.5% interest in Mississippi Canyon Block 734, comprised of three wells and related subsea infrastructure, collectively known as the Thunder Hawk Field. Pursuant to the terms of

Helix Energy Solutions Secures Further Production and P&A Work with Acquired Leases in Gulf of Mexico

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Initiating coverage of Helix Energy Solutions, a leading provider of specialty services to the offshore energy industry worldwide. Discussing recent $120 million acquisition of the Alliance group of companies.

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News for Helix Energy Solutions Group Stock (HLX)