image
Energy - Oil & Gas Equipment & Services - NYSE - US
$ 9.95
-3.49 %
$ 1.51 B
Market Cap
248.75
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one HLX stock under the base case scenario is HIDDEN Compared to the current market price of 9.95 USD, Helix Energy Solutions Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HLX

image
FINANCIALS
1.29 B REVENUE
47.72%
106 M OPERATING INCOME
505.28%
-10.8 M NET INCOME
87.65%
152 M OPERATING CASH FLOW
198.30%
-18.7 M INVESTING CASH FLOW
86.51%
25.1 M FINANCING CASH FLOW
155.99%
342 M REVENUE
-6.13%
44.6 M OPERATING INCOME
-16.08%
29.5 M NET INCOME
-8.50%
55.7 M OPERATING CASH FLOW
554.17%
-3.09 M INVESTING CASH FLOW
22.64%
-5.14 M FINANCING CASH FLOW
84.00%
Balance Sheet Decomposition Helix Energy Solutions Group, Inc.
image
Current Assets 698 M
Cash & Short-Term Investments 332 M
Receivables 286 M
Other Current Assets 79.4 M
Non-Current Assets 1.86 B
Long-Term Investments 0
PP&E 1.74 B
Other Non-Current Assets 116 M
Current Liabilities 449 M
Accounts Payable 135 M
Short-Term Debt 174 M
Other Current Liabilities 140 M
Non-Current Liabilities 606 M
Long-Term Debt 430 M
Other Non-Current Liabilities 177 M
EFFICIENCY
Earnings Waterfall Helix Energy Solutions Group, Inc.
image
Revenue 1.29 B
Cost Of Revenue 1.09 B
Gross Profit 200 M
Operating Expenses 94.4 M
Operating Income 106 M
Other Expenses 117 M
Net Income -10.8 M
RATIOS
15.53% GROSS MARGIN
15.53%
8.21% OPERATING MARGIN
8.21%
-0.84% NET MARGIN
-0.84%
-0.72% ROE
-0.72%
-0.42% ROA
-0.42%
-7.94% ROIC
-7.94%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Helix Energy Solutions Group, Inc.
image
Net Income -10.8 M
Depreciation & Amortization 164 M
Capital Expenditures -19.6 M
Stock-Based Compensation 6.51 M
Change in Working Capital -109 M
Others 13.7 M
Free Cash Flow 133 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Helix Energy Solutions Group, Inc.
image
Wall Street analysts predict an average 1-year price target for HLX of $14 , with forecasts ranging from a low of $14 to a high of $14 .
HLX Lowest Price Target Wall Street Target
14 USD 40.70%
HLX Average Price Target Wall Street Target
14 USD 40.70%
HLX Highest Price Target Wall Street Target
14 USD 40.70%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Helix Energy Solutions Group, Inc.
image
Sold
0-3 MONTHS
3.56 M USD 1
3-6 MONTHS
3.75 M USD 2
6-9 MONTHS
137 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 03, 2024
Sell 3.56 M USD
KRATZ OWEN E
PRESIDENT & CEO
- 298419
11.9235 USD
4 months ago
Jun 20, 2024
Sell 30.1 K USD
Glassman Diana
Director
- 2864
10.495 USD
5 months ago
May 23, 2024
Sell 12.1 K USD
KRATZ OWEN E
PRESIDENT & CEO
- 1050
11.5 USD
5 months ago
May 20, 2024
Sell 1.68 M USD
KRATZ OWEN E
PRESIDENT & CEO
- 141879
11.8301 USD
5 months ago
May 21, 2024
Sell 1.94 M USD
KRATZ OWEN E
PRESIDENT & CEO
- 164796
11.7747 USD
5 months ago
May 22, 2024
Sell 86.8 K USD
KRATZ OWEN E
PRESIDENT & CEO
- 7521
11.5403 USD
6 months ago
May 07, 2024
Sell 137 K USD
Sparks Scott Andrew
EVP & COO
- 12000
11.4366 USD
1 year ago
Sep 28, 2023
Sell 77.6 K USD
Glassman Diana
Director
- 6800
11.41 USD
1 year ago
Aug 18, 2023
Sell 95.3 K USD
Sparks Scott Andrew
EVP and COO
- 10000
9.53 USD
1 year ago
Aug 11, 2023
Sell 145 K USD
LOVOI JOHN
Director
- 15000
9.69 USD
1 year ago
Jun 08, 2023
Sell 148 K USD
Sparks Scott Andrew
EVP and COO
- 20000
7.4 USD
1 year ago
Feb 27, 2023
Sell 633 K USD
Sparks Scott Andrew
EVP and COO
- 75000
8.44 USD
2 years ago
Oct 31, 2022
Sell 180 K USD
Sparks Scott Andrew
EVP and COO
- 26000
6.93 USD
3 years ago
Jun 02, 2021
Sell 208 K USD
Sparks Scott Andrew
EVP and COO
- 34700
5.98 USD
3 years ago
Mar 09, 2021
Sell 281 K USD
LOVOI JOHN
Director
- 45000
6.244 USD
4 years ago
Nov 16, 2020
Sell 113 K USD
Sparks Scott Andrew
EVP and COO
- 35000
3.22 USD
6 years ago
Sep 19, 2018
Sell 1.06 M USD
KRATZ OWEN E
PRESIDENT & CEO
- 110000
9.61 USD
4 years ago
Mar 12, 2020
Bought 376 K USD
KRATZ OWEN E
PRESIDENT & CEO
+ 210000
1.79 USD
4 years ago
Dec 13, 2019
Sell 110 K USD
Sparks Scott Andrew
EVP and COO
- 11740
9.37 USD
5 years ago
Oct 29, 2019
Sell 135 K USD
LOVOI JOHN
Director
- 15000
8.98 USD
5 years ago
Sep 16, 2019
Sell 121 K USD
QUINN NANCY K
Director
- 12677
9.58 USD
5 years ago
Sep 16, 2019
Sell 162 K USD
Staffeldt Erik
Executive Vice President & CFO
- 17027
9.5 USD
6 years ago
Sep 28, 2018
Sell 170 K USD
TRANSIER WILLIAM L
Director
- 17300
9.84 USD
6 years ago
Sep 25, 2018
Sell 150 K USD
Johnson Alisa B
Exec.VP & Gen Counsel
- 15244
9.85 USD
6 years ago
Sep 25, 2018
Sell 317 K USD
TRANSIER WILLIAM L
Director
- 32700
9.69 USD
5 years ago
Sep 19, 2019
Sell 1.06 M USD
KRATZ OWEN E
PRESIDENT & CEO
- 110000
9.61 USD
6 years ago
Sep 20, 2018
Sell 3.42 M USD
KRATZ OWEN E
PRESIDENT & CEO
- 350000
9.76 USD
6 years ago
Sep 21, 2018
Sell 1.89 M USD
KRATZ OWEN E
PRESIDENT & CEO
- 193468
9.79 USD
6 years ago
Sep 20, 2018
Sell 98.2 K USD
Sparks Scott Andrew
EVP and COO
- 10000
9.82 USD
6 years ago
Sep 20, 2018
Sell 130 K USD
QUINN NANCY K
Director
- 13340
9.74 USD
6 years ago
Jul 31, 2018
Sell 1.2 M USD
KRATZ OWEN E
PRESIDENT & CEO
- 118536
10.15 USD
6 years ago
Aug 01, 2018
Sell 1.54 M USD
KRATZ OWEN E
PRESIDENT & CEO
- 152996
10.05 USD
7 years ago
Nov 09, 2017
Sell 83.8 K USD
QUINN NANCY K
Director
- 11268
7.44 USD
7 years ago
Oct 31, 2017
Sell 64.1 K USD
Sparks Scott Andrew
EVP and COO
- 9500
6.75 USD
7 years ago
Oct 31, 2017
Sell 3.38 K USD
Sparks Scott Andrew
EVP and COO
- 500
6.76 USD
7 years ago
Oct 25, 2017
Sell 42.7 K USD
TRIPODO ANTHONY
EVP &Senior Advisor
- 6166
6.92 USD
7 years ago
Oct 25, 2017
Sell 2.08 K USD
TRIPODO ANTHONY
EVP &Senior Advisor
- 300
6.92 USD
7 years ago
Jan 04, 2017
Sell 52.8 K USD
TRIPODO ANTHONY
Executive Vice President & CFO
- 5562
9.5 USD
7 years ago
Dec 28, 2016
Sell 333 K USD
TRIPODO ANTHONY
Executive Vice President & CFO
- 36000
9.26 USD
8 years ago
Jun 24, 2016
Bought 6.44 K USD
RASK JAN A
Director
+ 968
6.65 USD
9 years ago
Sep 21, 2015
Sell 180 K USD
LOVOI JOHN
Director
- 30000
6.01 USD
9 years ago
May 21, 2015
Sell 75.7 K USD
TRIPODO ANTHONY
Executive Vice President & CFO
- 4561
16.6 USD
9 years ago
Mar 09, 2015
Bought 609 K USD
KRATZ OWEN E
PRESIDENT & CEO
+ 43500
14 USD
9 years ago
Mar 06, 2015
Bought 391 K USD
KRATZ OWEN E
PRESIDENT & CEO
+ 28000
13.98 USD
7. News
Helix to Participate in Upcoming Events HOUSTON--(BUSINESS WIRE)--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 He. businesswire.com - 1 week ago
Helix Energy Solutions: Poor Sentiment But Decent Prospects Going Into 2025, Buy Helix Energy Solutions Group reported mixed Q3 results, with revenues being impacted by adverse weather conditions in the U.S. Gulf of Mexico and elevated mobilization activity. However, profitability and cash generation remained strong, and the company tweaked full-year guidance just slightly. With several key assets transitioning to higher-margin contracts next year, near-term prospects remain strong. seekingalpha.com - 3 weeks ago
Helix Energy (HLX) Q3 Earnings and Revenues Lag Estimates Helix Energy (HLX) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.19 per share a year ago. zacks.com - 3 weeks ago
Helix Reports Third Quarter 2024 Results HOUSTON--(BUSINESS WIRE)--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. businesswire.com - 3 weeks ago
Helix Announces Third Quarter 2024 Earnings Release Date and Conference Call Information HOUSTON--(BUSINESS WIRE)--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 parti. businesswire.com - 1 month ago
Strength Seen in Helix Energy (HLX): Can Its 5.5% Jump Turn into More Strength? 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. zacks.com - 1 month ago
Helix Announces Long-Term Agreement in the Gulf of Mexico HOUSTON--(BUSINESS WIRE)--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 eng. businesswire.com - 2 months ago
Petrobras, Helix Ink Lucrative $786M Well Intervention Deals PBR and Helix Energy Solutions sign new three-year contracts for the Siem Helix 1 & 2 vessels to provide well-intervention services in Brazil. zacks.com - 2 months ago
Helix Awarded New Long-Term Well Intervention Contracts with Petrobras for Siem Helix 1 and Siem Helix 2 HOUSTON--(BUSINESS WIRE)--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 w. businesswire.com - 2 months ago
Zacks Industry Outlook SLB, Baker Hughes, Helix Energy Solutions and Solaris Oilfield SLB, Baker Hughes, Helix Energy Solutions and Solaris Oilfield have been highlighted in this Industry Outlook article. zacks.com - 3 months ago
4 Oilfield Services Stocks Set to Escape Industry Weakness Strict capital discipline by upstream energy companies is acting as a dampener, thereby making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. SLB, BKR, HLX and SOI are expected to survive the industry challenges. zacks.com - 3 months ago
Helix Energy Solutions: Raising Price Target On Very Strong 2025 Outlook, Buy Leading offshore energy specialty services provider Helix Energy Solutions Group reported decent second quarter results, with both revenues and profitability coming in ahead of expectations. With the exception of the recently acquired Helix Alliance shallow water abandonment operations, all the company's business segments showed healthy year-over-year revenue and income growth. Adjusted EBITDA of $97 million and Adjusted EBITDA margin of 26.6% reached new multi-year highs. seekingalpha.com - 3 months ago
8. Profile Summary

Helix Energy Solutions Group, Inc. HLX

image
COUNTRY US
INDUSTRY Oil & Gas Equipment & Services
MARKET CAP $ 1.51 B
Dividend Yield 0.00%
Description 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.
Contact 3505 West Sam Houston Parkway North, Houston, TX, 77043 https://www.helixesg.com
IPO Date July 1, 1997
Employees 2531
Officers Mr. Owen E. Kratz President, Chief Executive Officer & Director Mr. Brent Alexander Arriaga Chief Accounting Officer & Corporate Controller Mr. Scott Andrew Sparks Executive Vice President & Chief Operating Officer