$9.77
+0.46%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. 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. The company also provides well intervention, intervention engineering, and production enhancement services; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, and subsea equipment; and related support services. In addition, it offers reclamation and remediation services; well plug and abandonment services; pipeline abandonment services; and site inspections. Additionally, the company offers oil and natural gas processing facilities and services; and fast response system, as well as site clearance and subsea support services. 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.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
HLX โข NYSE
| Helix Energy Solutions Group, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
30.8M | 55.6M | -10.8M | -87.8M | -61.7M | 20.1M | 57.7M | 28.6M | 30.1M | -81.4M | -377M | 195.6M | 112M | -66.8M | 133.1M | -124.1M | 166.2M | -630.8M | 320.5M | 347.4M | |
134.5M | 137.2M | 164.1M | 128.7M | 141.5M | 133.7M | 112.7M | 110.5M | 108.7M | 114.2M | 120.4M | 109.3M | 98.5M | 97.2M | 311.1M | 317.1M | 262.6M | 341.1M | 338.4M | 195.9M | |
-8.1M | 10.6M | 11.5M | 4.4M | -15.2M | -3.9M | 3.5M | -2.4M | -54.6M | 14.8M | -103M | 23.2M | -24.9M | -69.6M | -4.2M | -46.8M | -64.9M | -3.1M | 127M | 57.2M | |
6.6M | 7.3M | 6.5M | 7.5M | 7.7M | 8.6M | 11.5M | 9.9M | 10.9M | 5.9M | 6.5M | 3.1M | 8.3M | 7.6M | 8.4M | 9M | 12M | 21.4M | 17.3M | 9.4M | |
21.6M | -33.2M | 90M | 10.6M | 6.2M | 3.2M | 5.1M | 12M | 9.2M | 54.4M | 515.6M | 1.5M | -22.9M | 503.9M | 174.3M | 218.2M | 59.7M | 930.6M | -77.7M | -191.4M | |
(30.8M) | (14.1M) | (7.4M) | (9.5M) | (8.3M) | (7.4M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-48.7M | 8.5M | -108.8M | -12.3M | 61.6M | -62.9M | -20.8M | 38.2M | -52.7M | -69.1M | -51.7M | 26.8M | -96.6M | -19.9M | -55.5M | -41.9M | -20M | -221.5M | -309.2M | 95.5M | |
136.7M | 186M | 152.5M | 51.1M | 140.1M | 98.8M | 169.7M | 196.7M | 51.6M | 38.7M | 110.8M | 359.5M | 74.4M | 452.5M | 567.2M | 331.5M | 415.5M | 437.7M | 416.3M | 514M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-16.3M | -23.3M | -19.6M | -33.5M | -8.3M | -20.2M | -140.9M | -137.1M | -231.1M | -186.5M | -320.3M | -336.9M | -324.4M | -323M | -219.8M | -206.8M | -423.4M | -855.5M | -943.6M | -469.1M | |
(0.0) | (0.0) | (0.0) | -112.6M | (0.0) | (963K) | -4.1M | (25K) | (10M) | (25M) | (17.6M) | -20.1M | (0.0) | (0.0) | (0.0) | (0.0) | (418.2M) | (274.2M) | -147.5M | -623.5M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -23.8M | (0.0) | (0.0) | (0.0) | (0.0) | -2.7M | -8.3M | -114.7M | -846K | -17.5M | -313M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 25M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7M | 11.6M | 292.1M | 32.3M | |
0.0 | 463K | 929K | 7.8M | 51K | 0.0 | 2.6M | 1.1M | 10M | 13.2M | 24.6M | 21.5M | 781.3M | -92.7M | 40.2M | 33.5M | 44.6M | 12.6M | 76.8M | -6.7M | |
-16.3M | -22.8M | -18.7M | -138.3M | -8.3M | -19.3M | -142.4M | -136M | -221.1M | -147.1M | -295.7M | -335.5M | (456.9M) | -415.8M | -182.3M | -181.6M | -68.5M | -558M | -739.7M | -1.4B | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-28.5M | -29.6M | -12M | 575K | 654K | -10M | 0.0 | 0.0 | 219.5M | 96.5M | -1.1M | -8.4M | -11.3M | -7.2M | -7.6M | -11.7M | -14M | -3.9M | -8.3M | -41.4M | |
-9.2M | -69.5M | 29.1M | -42.9M | -91M | -37.3M | -44.6M | -45.3M | -140.4M | -122.4M | 204M | -20.4M | -475.7M | -132.8M | -213.9M | -11.3M | -278M | 261.7M | 235.1M | 1B | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -40K | -114K | -645K | -3.2M | -3.7M | -3.6M | |
-30.2M | -29.6M | -12M | (0.0) | (0.0) | -10.6M | -1.7M | -1.4M | (0.0) | -341K | -1.1M | -8.4M | -11.3M | -7.2M | -7.6M | -11.7M | -14M | -3.9M | -9.9M | -50.3M | |
-7.4M | -26.2M | 8M | -2.5M | -5.7M | -5.3M | -1.2M | -901K | -1.6M | 367K | 1.7M | -1.3M | -433K | -5.2M | -8.3M | -6.2M | -5.9M | 1.7M | -16.6M | -9.2M | |
-45.1M | -125.3M | 25.1M | -44.8M | -96M | -52.6M | -45.8M | -46.2M | 77.5M | -25.5M | 204.6M | -30.1M | -487.4M | -145.2M | -229.9M | -29.3M | -298.6M | 256.2M | 206.4M | 978.3M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
1.8M | -2M | -15.8M | -6M | -42K | 1.8M | 1.6M | -1.7M | 2M | -3.6M | -2M | 4.4M | -2.7M | -860K | 436K | -207K | -1.4M | -1.9M | 174K | 2.8M | |
77.2M | 35.8M | 143.1M | -138M | 35.8M | 28.8M | -16.9M | 12.9M | -90.1M | -137.5M | 17.7M | -1.7M | 41.1M | -109.4M | 155.4M | 120.4M | 47.1M | 134.1M | -116.7M | 115.2M | |
368M | 332.2M | 189.1M | 327.1M | 291.3M | 262.6M | 279.5M | 266.6M | 356.6M | 494.2M | 476.5M | 478.2M | 437.1M | 546.5M | 391.1M | 270.7M | 223.6M | 89.6M | 206.3M | 91.1M | |
445.2M | 368M | 332.2M | 189.1M | 327.1M | 291.3M | 262.6M | 279.5M | 266.6M | 356.6M | 494.2M | 476.5M | 478.2M | 437.1M | 546.5M | 391.1M | 270.7M | 223.6M | 89.6M | 206.3M | |
120.4M | 162.7M | 132.9M | 17.6M | 131.8M | 78.6M | 28.8M | 59.7M | -179.5M | -147.8M | -209.5M | 22.6M | -250.1M | 129.5M | 347.4M | 124.7M | -7.8M | -417.8M | -527.3M | 44.9M |
HLX - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 13, 2026 | May 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 04, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 24, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 24, 2026 | April 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 23, 2026 | April 22, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 01, 2026 | May 13, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 24, 2026 | February 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 13, 2026 | February 13, 2026 | 2026 |
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