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.

Earnings data Q1 2021

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Earnings data Q4 2024

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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Shares of the offshore energy-services company tanked as its regular quarterly update wasn't well received by investors.

Why Helix Energy Solutions Stock Fell as Much as 10% Today

Helix Energy (HLX) delivered earnings and revenue surprises of 77.78% and -2.79%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Helix Energy (HLX) Reports Q1 Loss, Misses Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported a net loss of $2.9 million, or $(0.02) per diluted share, for the first quarter 2021 compared to a net loss of $11.9 million, or $(0.09) per diluted share, for the same period in 2020 and net income of $4.2 million, or $0.03 per diluted share, for the fourth quarter 2020. Helix reported Adjusted EBITDA of $36.2 million in the first quarter 2021 compared to $19.3 million in the first quarter 2020 and $35.

Helix Reports First Quarter 2021 Results

Helix (HLX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Helix (HLX) This Earnings Season?

Helix Energy (HLX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Helix Energy (HLX) Expected to Beat Earnings Estimates: Should You Buy?

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its first quarter 2021 results on Monday, April 26, 2021, 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 first quarter 2021 results on Tuesday, April 27, 2021, at 9:00 a.m. Central Time via a live webcast and teleconference. The live webcast will be available on our website un

Helix Announces First Quarter 2021 Earnings Release Date and Conference Call Information

Helix Energy (HLX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Helix Energy (HLX) Upgraded to Buy: Here's Why

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

Helix Energy (HLX) Is Up 5.3% in One Week: What You Should Know

Helix Energy (HLX) enters an agreement with HWCG for offshore oil spill response resources in the U.S. Gulf of Mexico with the help of the Helix Fast Response System.

Helix Energy (HLX) Cuts Deal for Fast Response System With HWCG

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has entered into a new Agreement for Response Resources with HWCG LLC. Under the Agreement, HWCG's members are given the opportunity to identify the Helix Fast Response System as a response resource in permit applications to U.S. federal and state agencies, and to deploy the Helix Fast Response System to respond to a well control incident in the U.S. Gulf of Mexico. Developed in 2011 as a culminatio

Helix Announces New Contract for Fast Response System

Helix Energy (HLX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Helix Energy (HLX) Moves 9.8% Higher: Will This Strength Last?

Helix Energy Solutions Group, Inc. (HLX) CEO Owen Kratz on Q4 2020 Results - Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income1 of $4.2 million, or $0.03 per diluted share, for the fourth quarter 2020 compared to $8.1 million, or $0.05 per diluted share, for the fourth quarter 2019 and $24.5 million, or $0.16 per diluted share, for the third quarter 2020. Adjusted EBITDA2 was $35.3 million for the fourth quarter 2020 compared to $33.3 million for the fourth quarter 2019 and $52.7 million for the third quarter 2020. Fo

Helix Reports Fourth Quarter and Full Year 2020 Results

Helix Energy Solutions Gr (NYSE:HLX) unveils its next round of earnings this Monday, February 22. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Helix Energy Solutions Gr Earnings Preview

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HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its fourth quarter and full year 2020 results on Monday, February 22, 2021, 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 fourth quarter and full year 2020 results on Tuesday, February 23, 2021, at 9:00 a.m. Central Time via a live webcast and teleconference. The live webcast

Helix Announces Fourth Quarter and Full Year 2020 Earnings Release Date and Conference Call Information

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Helix Energy Solutions Group, Inc. (HLX) CEO Owen Kratz on Q3 2020 Results - Earnings Call Transcript

Helix Energy (HLX) earnings for the energy company's third quarter of 2020 have HLX stock taking off on Thursday after beating estimates. The post Helix Energy Earnings: Why HLX Stock Is Surging 5% Today appeared first on InvestorPlace.

Helix Energy Earnings: Why HLX Stock Is Surging 5% Today

The energy services company is doing a good job dealing with industry headwinds, and here's the proof.

Why Helix Energy Solutions Stock Jumped 16% at the Open Today

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income1 of $24.5 million, or $0.16 per diluted share, for the third quarter 2020 compared to $31.7 million, or $0.21 per diluted share, for the same period in 2019 and $5.5 million, or $0.04 per diluted share, for the second quarter 2020. Adjusted EBITDA2 was $52.7 million for the third quarter 2020 compared to $66.3 million for the third quarter 2019 and $47.9 million for the second quarter 2020. Fo

Helix Reports Third Quarter 2020 Results

Helix Energy (HLX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Helix Energy Solutions Group Stock (HLX)