Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities. The company engineers, manages, and conducts well intervention operations that include production enhancement and abandonment, and construction in water depths ranging from 200 to 10,000 feet; and offers remotely operated vehicles (ROVs), trenchers, and ROVDrills for offshore construction and well intervention services. It also provides intervention engineering; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, subsea equipment, and related support services. In addition, the company offers reclamation and remediation services; well plug and abandonment services; pipeline abandonment services; and site inspections. Further, it engages in the installation of flowlines, control umbilicals, and manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection activities; and provision of cable and umbilical lay, and connection services. Additionally, the company offers oil and natural gas processing facilities and services to oil and gas companies; and fast response system. It serves independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NYSE
Website: helixesg.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/24/2024 | Buy → Neutral | BTIG Research | |
9/19/2024 | $14.00 | Strong Buy | Raymond James |
10/26/2022 | $10.00 | Neutral → Buy | BTIG Research |
7/27/2022 | $6.00 → $8.00 | In-line → Outperform | Evercore ISI |
3/7/2022 | $5.60 → $6.30 | Overweight | Piper Sandler |
2/1/2022 | $4.50 → $5.60 | Neutral → Overweight | Piper Sandler |
7/28/2021 | $5.30 → $4.50 | Overweight → Neutral | Piper Sandler |
7/16/2021 | Neutral → Underperform | BofA Securities |
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
4 - HELIX ENERGY SOLUTIONS GROUP INC (0000866829) (Issuer)
Helix Energy Solutions Group, Inc. (NYSE:HLX) announced today that it will participate in the following upcoming events: TD Securities Energy Conference in New York, New York, at the Westin New York Grand Central on Tuesday, November 19, 2024 Capital One Securities Energy Conference in Houston, Texas, at the Hotel ZaZa Museum District on Tuesday, December 10, 2024 Any investor presentation provided during the events will be publicly available and may be accessed on Helix's website, www.helixesg.com. About Helix Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is an international offshore energy services company that provides specialty services to the offshore ene
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) reported net income of $29.5 million, or $0.19 per diluted share, for the third quarter 2024 compared to net income of $32.3 million, or $0.21 per diluted share, for the second quarter 2024 and net income of $15.6 million, or $0.10 per diluted share, for the third quarter 2023. Helix reported adjusted EBITDA1 of $87.6 million for the third quarter 2024 compared to $96.9 million for the second quarter 2024 and $96.4 million for the third quarter 2023. For the nine months ended September 30, 2024, Helix reported net income of $35.5 million, or $0.23 per diluted share, compared to net income of $17.5 million, or $0.11 per diluted share,
Helix Energy Solutions Group, Inc. (NYSE:HLX) will issue a press release reporting its third quarter 2024 results on Wednesday, October 23, 2024, after the close of business. The press release and associated presentation will be available on Helix's website, www.helixesg.com. Helix will review its third quarter 2024 results on Thursday, October 24, 2024, at 9:00 a.m. Central Time via a teleconference and webcast. Investors and other interested parties wishing to participate should dial 1-800-715-9871 within the United States or 1-646-307-1963 outside the United States. The passcode is "Staffeldt." A live webcast of the teleconference will be available in a listen-only mode on the Investor
Commitment affirms Helix's strength as a market-leading global well intervention and decommissioning services provider Helix Energy Solutions Group, Inc. (NYSE:HLX) is pleased to announce it has entered into a new multi-year contract with Shell Offshore Inc commencing in 2025 to continue providing well intervention services in the U.S. Gulf of Mexico. Under the contract, Helix will provide an increased minimum number of days annually with the Q5000 riser-based well intervention vessel, Intervention Riser Systems (IRSs), remotely operated vehicles (ROVs), and project management and engineering services to cover fully integrated operations from production enhancement to plug and abandonment
Amerino Gatti appointed as executive vice president of Oilfield Services & Equipment (OFSE) business segmentMaria Claudia Borras appointed as chief growth & experience officerMuzzamil Khider Ahmed appointed as chief people & culture officer HOUSTON and LONDON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ:BKR) ("Baker Hughes" or the "Company") announced Tuesday several changes to its leadership team, effective by Oct. 1. These changes are designed to continue delivering Baker Hughes' successful strategy and executing for long-term growth, meeting customer needs in the rapidly evolving energy and industrial segments. Amerino Gatti is appointed executive vice president (E
Helix Energy Solutions Group, Inc. (NYSE:HLX) is pleased to announce new three-year vessel charter and service contracts with Petróleo Brasileiro S.A. ("Petrobras") for the riser-based well intervention vessels Siem Helix 1 and Siem Helix 2 working offshore Brazil. The new three-year contracts are valued in aggregate at an estimated $786 million, in accordance with Petrobras' estimated value. Each contract includes an additional three years of options. The contracts were entered into following a competitive tender process. The Siem Helix 2, since 2017, has been performing riser-based well intervention activities for Petrobras in the Santos and Campos Basins, and to date has completed more
Helix Energy Solutions Group, Inc. (NYSE:HLX) announced today that it will participate in the following upcoming events: Barclays' CEO Energy-Power Conference in New York, New York at the Sheraton New York Times Square Hotel on Wednesday, September 4, 2024 NYSE Energy & Utilities Virtual Investor Day on Tuesday, September 10, 2024 Pickering Energy Partners Energy Conference in Austin, Texas at the Hotel Van Zandt on Wednesday, September 18, 2024 Any investor presentation provided during the events will be publicly available and may be accessed on Helix's website, www.helixesg.com. About Helix Helix Energy Solutions Group, Inc., headquartered in Houston, Texas, is an intern
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) announced today that it has amended its existing asset-based revolving credit facility (the "ABL Facility") as of August 2, 2024. The amendment extends the term of the ABL Facility from September 30, 2026 to August 2, 2029 subject to earlier senior debt maturities, and increases the letter of credit basket size from $20 million to $55 million. Erik Staffeldt, Executive Vice President and Chief Financial Officer of Helix, commented, "We are pleased to have amended our ABL Facility. The increased letter of credit basket size provides us with financial flexibility to address operational bonding requirements, including for our upcoming c
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) reported net income of $32.3 million, or $0.21 per diluted share, for the second quarter 2024 compared to a net loss of $26.3 million, or $(0.17) per diluted share, for the first quarter 2024 and net income of $7.1 million, or $0.05 per diluted share, for the second quarter 2023. Net loss in the first quarter 2024 included a pre-tax loss of approximately $20.9 million, or $(0.14) per diluted share, related to the retirement of our Convertible Senior Notes due 2026. Helix reported adjusted EBITDA1 of $96.9 million for the second quarter 2024 compared to $47.0 million for the first quarter 2024 and $71.3 million for the second quarter 20
Helix Energy Solutions Group, Inc. (NYSE:HLX) will issue a press release reporting its second quarter 2024 results on Wednesday, July 24, 2024, after the close of business. The press release and associated presentation will be available on Helix's website, www.helixesg.com. Helix will review its second quarter 2024 results on Thursday, July 25, 2024, at 9:00 a.m. Central Time via a teleconference and webcast. Investors and other interested parties wishing to participate should dial 1-800-715-9871 within the United States or 1-646-307-1963 outside the United States. The passcode is "Staffeldt." A live webcast of the teleconference will be available in a listen-only mode on Helix's website
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BTIG Research downgraded Helix Energy from Buy to Neutral
Raymond James initiated coverage of Helix Energy with a rating of Strong Buy and set a new price target of $14.00
BTIG Research upgraded Helix Energy from Neutral to Buy and set a new price target of $10.00
Evercore ISI upgraded Helix Energy from In-line to Outperform and set a new price target of $8.00 from $6.00 previously
Piper Sandler reiterated coverage of Helix Energy Solutions Gr with a rating of Overweight and set a new price target of $6.30 from $5.60 previously
Piper Sandler upgraded Helix Energy from Neutral to Overweight and set a new price target of $5.60 from $4.50 previously
Piper Sandler downgraded Helix Energy Solutions Gr from Overweight to Neutral and set a new price target of $4.50 from $5.30 previously
BofA Securities downgraded Helix Energy from Neutral to Underperform
Evercore ISI downgraded Helix Energy from Outperform to In-line
BofA Securities downgraded Helix Energy from Buy to Neutral and set a new price target of $5.00 from $6.25 previously
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 initiatives, and the appointments of our new directors are the result of an extensive search process that began months ago. The additions of Diana and Paula to the Helix Board are designed to ensure we have the right mix of d
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (“Helix”) (NYSE: HLX) announced today that its Board of Directors has appointed T. Mitch Little as a new director. Mr. Little, 58, served as Executive Vice President – Operations for Marathon Oil Corporation (“Marathon”) (NYSE: MRO) from August 2016 until his retirement in December 2020, where he held full responsibility for all operations and development activities. Prior to such role Mr. Little served in a variety of roles of progressing leadership responsibility at Marathon, including Vice President – Conventional & Oil Sands Mining Assets, Vice President – International & Offshore Exploration & Production Operations,
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) announced today that its Board of Directors has appointed T. Mitch Little as a new director. Mr. Little, 58, served as Executive Vice President – Operations for Marathon Oil Corporation ("Marathon") (NYSE:MRO) from August 2016 until his retirement in December 2020, where he held full responsibility for all operations and development activities. Prior to such role Mr. Little served in a variety of roles of progressing leadership responsibility at Marathon, including Vice President – Conventional & Oil Sands Mining Assets, Vice President – International & Offshore Exploration & Production Operations, Managing Director – Norway, and Gene
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) reported net income of $29.5 million, or $0.19 per diluted share, for the third quarter 2024 compared to net income of $32.3 million, or $0.21 per diluted share, for the second quarter 2024 and net income of $15.6 million, or $0.10 per diluted share, for the third quarter 2023. Helix reported adjusted EBITDA1 of $87.6 million for the third quarter 2024 compared to $96.9 million for the second quarter 2024 and $96.4 million for the third quarter 2023. For the nine months ended September 30, 2024, Helix reported net income of $35.5 million, or $0.23 per diluted share, compared to net income of $17.5 million, or $0.11 per diluted share,
Helix Energy Solutions Group, Inc. (NYSE:HLX) will issue a press release reporting its third quarter 2024 results on Wednesday, October 23, 2024, after the close of business. The press release and associated presentation will be available on Helix's website, www.helixesg.com. Helix will review its third quarter 2024 results on Thursday, October 24, 2024, at 9:00 a.m. Central Time via a teleconference and webcast. Investors and other interested parties wishing to participate should dial 1-800-715-9871 within the United States or 1-646-307-1963 outside the United States. The passcode is "Staffeldt." A live webcast of the teleconference will be available in a listen-only mode on the Investor
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) reported net income of $32.3 million, or $0.21 per diluted share, for the second quarter 2024 compared to a net loss of $26.3 million, or $(0.17) per diluted share, for the first quarter 2024 and net income of $7.1 million, or $0.05 per diluted share, for the second quarter 2023. Net loss in the first quarter 2024 included a pre-tax loss of approximately $20.9 million, or $(0.14) per diluted share, related to the retirement of our Convertible Senior Notes due 2026. Helix reported adjusted EBITDA1 of $96.9 million for the second quarter 2024 compared to $47.0 million for the first quarter 2024 and $71.3 million for the second quarter 20
Helix Energy Solutions Group, Inc. (NYSE:HLX) will issue a press release reporting its second quarter 2024 results on Wednesday, July 24, 2024, after the close of business. The press release and associated presentation will be available on Helix's website, www.helixesg.com. Helix will review its second quarter 2024 results on Thursday, July 25, 2024, at 9:00 a.m. Central Time via a teleconference and webcast. Investors and other interested parties wishing to participate should dial 1-800-715-9871 within the United States or 1-646-307-1963 outside the United States. The passcode is "Staffeldt." A live webcast of the teleconference will be available in a listen-only mode on Helix's website
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) reported a net loss of $26.3 million, or $(0.17) per diluted share, for the first quarter 2024 compared to a net loss of $28.3 million, or $(0.19) per diluted share, for the fourth quarter 2023 and a net loss of $5.2 million, or $(0.03) per diluted share, for the first quarter 2023. Net loss in the first quarter 2024 and the fourth quarter 2023 included pre-tax losses of approximately $20.9 million, or $(0.14) per diluted share, and approximately $37.3 million, or $(0.25) per diluted share, respectively, related to the retirement of our Convertible Senior Notes due 2026 ("2026 Notes"). Helix reported adjusted EBITDA1 of $47.0 million
Helix Energy Solutions Group, Inc. (NYSE:HLX) will issue a press release reporting its first quarter 2024 results on Wednesday, April 24, 2024, 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 2024 results on Thursday, April 25, 2024, at 9:00 a.m. Central Time via a live webcast and teleconference. The live webcast will be available on our website under "For the Investor." Investors and other interested parties wishing to dial in to the teleconference may join by dialing 1-800-715-9871 for participants in the United States or 1-646-307-1963 for international particip
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) reported a net loss of $28.3 million, or $(0.19) per diluted share, for the fourth quarter 2023 compared to net income of $15.6 million, or $0.10 per diluted share, for the third quarter 2023 and net income of $2.7 million, or $0.02 per diluted share, for the fourth quarter 2022. Net loss in the fourth quarter 2023 includes a net pre-tax loss of approximately $37.3 million, or $(0.25) per diluted share, related to the repurchase of $159.8 million principal amount of our Convertible Senior Notes due 2026 ("2026 Notes"). Helix reported adjusted EBITDA1 of $70.6 million for the fourth quarter 2023 compared to $96.4 million for the third q
Helix Energy Solutions Group, Inc. (NYSE:HLX) will issue a press release reporting its fourth quarter and full year 2023 results on Monday, February 26, 2024, 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 2023 results on Tuesday, February 27, 2024, at 9:00 a.m. Central Time via a live webcast and teleconference. The live webcast will be available on our website under "For the Investor." Investors and other interested parties wishing to dial in to the teleconference may join by dialing 1-800-952-1718 for participants in the United States or 1-212-231
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) reported net income of $15.6 million, or $0.10 per diluted share, for the third quarter 2023 compared to $7.1 million, or $0.05 per diluted share, for the second quarter 2023 and a net loss of $18.8 million, or $(0.12) per diluted share, for the third quarter 2022. Helix reported adjusted EBITDA1 of $96.4 million for the third quarter 2023 compared to $71.3 million for the second quarter 2023 and $52.6 million for the third quarter 2022. Helix reported net income of $17.5 million, or $0.11 per diluted share for the nine months ended September 30, 2023 compared to a net loss of $90.5 million, or $(0.60) per diluted share, for the nine
Helix Energy Solutions Group, Inc. (NYSE:HLX) will issue a press release reporting its third quarter 2023 results on Monday, October 23, 2023, 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 2023 results on Tuesday, October 24, 2023, at 9:00 a.m. Central Time via a live webcast and teleconference. The live webcast will be available on our website under "For the Investor." Investors and other interested parties wishing to dial in to the teleconference may join by dialing 1-877-283-6519 for participants in the United States or 1-312-429-1275 for international particip