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Helix Energy Solutions reported decent Q3/2025 results and increased full-year expectations. Outperformance was mostly a result of strong contributions from the company's Robotics and Shallow Water Abandonment segments. However, the company's core Well Intervention business continues to face near-term challenges.
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income of $22.1 million, or $0.15 per diluted share, for the third quarter 2025 compared to a net loss of $2.6 million, or $(0.02) per diluted share, for the second quarter 2025 and net income of $29.5 million, or $0.19 per diluted share, for the third quarter 2024. Helix reported Adjusted EBITDA1 of...
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its third quarter 2025 results on Wednesday, October 22, 2025, 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 2025 results on Thursday, October 23, 2025, at 9:00...
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it has been awarded a multi-year contract with a major operator to provide production enhancement and well abandonment services in the U.S. Gulf of America. The contract, commencing in 2026, includes a minimum commitment of vessel utilization, split over three years. The contract calls for the provisio...
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it will participate in the following upcoming events: Citi's 2025 Natural Resources Conference in Las Vegas, Nevada at the Encore Las Vegas on Wednesday, August 13, 2025 Barclays 39th Annual CEO Energy-Power Conference in New York, New York at the Sheraton New York Times Square Hotel on Wednesday, Sept...
Helix Energy Solutions reported disappointing Q2/2025 results and lowered its full-year outlook for a second, consecutive quarter. In recent months, the near-term outlook for key markets like well intervention and shallow water abandonment has continued to deteriorate. Despite these headwinds, the company still expects to generate a very significant amount of free cash flow in the second half t...
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