Helix Energy Solutions Grp Inc Stock Price, News & Analysis

Helix (NYSE: HLX) reported Q3 2025 results on October 22, 2025: net income $22.1M ($0.15 diluted) and Adjusted EBITDA $103.7M. Management said this was the company’s highest quarterly EBITDA since 2014 despite vessel downtime and stacking. Helix raised full‑year 2025 Adjusted EBITDA guidance to $240–$270M and estimated full‑year Free Cash Flow of $100–$140M, noting timing of receivable collections affects the range. Q3 highlights included strong Robotics trenching and renewables work, improved Well Intervention utilization, and higher Shallow Water activity.

Key trailing metrics: nine‑month Adjusted EBITDA $198.1M vs $231.5M prior year; cash and equivalents $338.0M.

Helix Energy Solutions Group (NYSE: HLX) will release its third quarter 2025 results on Wednesday, October 22, 2025 after market close.

The company will host a review teleconference and live webcast on Thursday, October 23, 2025 at 9:00 a.m. Central Time. Dial-in numbers: 1-800-715-9871 (US) or 1-646-307-1963 (outside US); passcode: Staffeldt. A listen-only webcast and replay will be available on Helix's Investor Relations site at www.helixesg.com. The press release and slide presentation will be posted to the same site.

Helix Energy Solutions (NYSE:HLX) has secured a multi-year contract with a major operator in the U.S. Gulf of America for production enhancement and well abandonment services. The contract will commence in 2026 and includes a minimum vessel utilization commitment spread over three years.

The scope encompasses the deployment of either the Q5000 or Q4000 riser-based well intervention vessel, intervention riser systems, and remotely operated vehicles. The services will be delivered through the Subsea Services Alliance, HLX's strategic partnership with SLB, combining their expertise in subsea solutions.

Helix Energy Solutions Group (NYSE: HLX) announced its participation in three upcoming industry conferences in August and September 2025. The company will attend Citi's Natural Resources Conference in Las Vegas on August 13, Barclays CEO Energy-Power Conference in New York on September 3, and Pickering Energy Partners Energy Conference in Austin on September 30.

Helix, headquartered in Houston, Texas, specializes in offshore energy services including well intervention, robotics, and decommissioning operations. The company's services support global energy transition through maximizing existing oil and gas production, decommissioning end-of-life fields, and supporting renewable energy developments.

Helix Energy Solutions Group (NYSE:HLX) reported a challenging Q2 2025 with a net loss of $2.6 million ($(0.02) per share), compared to net income of $3.1 million in Q1 2025 and $32.3 million in Q2 2024. Adjusted EBITDA declined to $42.4 million, down from $52.0 million in Q1 2025 and $96.9 million in Q2 2024.

The company faced significant headwinds including the Q5000's planned regulatory docking, Q4000's transit from Nigeria, and reduced customer spending due to macro and geopolitical uncertainties. Despite challenges, Helix continued its share repurchase program, buying back 4.6 million shares for approximately $30.0 million in Q2 2025.

Revenue decreased to $302.3 million, with Well Intervention segment particularly impacted. However, the company secured positive developments including a multi-year MSA with Exxon for Shallow Water segment and an 800-day minimum commitment trenching contract in the North Sea for Robotics operations.

Helix Energy Solutions (NYSE:HLX) has secured a significant long-term agreement with NKT A/S for the operation of the T3600, designed to be the world's most powerful subsea trencher. The four-year agreement includes 800 days of vessel operations starting in 2027, with extension options.

Helix will provide installation, offshore operations, project engineering, and maintenance services for the T3600. The company will deploy a support vessel equipped with the T-1200 Jet Trencher, two work-class ROVs, and a complete survey spread to support NKT's offshore cable burial and construction activities.

Helix Energy Solutions Group (NYSE:HLX) has scheduled its second quarter 2025 earnings release for Wednesday, July 23, 2025, after market close. The company will host a conference call to discuss the results on Thursday, July 24, 2025, at 9:00 a.m. Central Time.

Investors can access the teleconference by dialing 1-800-715-9871 (US) or 1-646-307-1963 (international) using the passcode "Staffeldt". A live webcast and replay will be available on Helix's investor relations website.

Helix Energy Solutions (NYSE: HLX) reported Q1 2025 net income of $3.1 million ($0.02 per share), down from Q4 2024's $20.1 million but improved from Q1 2024's loss of $26.3 million. Q1 2025 revenues were $278.1 million, with adjusted EBITDA of $52.0 million.

The company faced seasonal slowdown in the North Sea and Gulf of America shelf, along with planned regulatory dockings of several vessels. Well Intervention segment saw higher rates in Brazil but decreased utilization to 67%. Robotics segment experienced reduced vessel days and utilization, while Shallow Water Abandonment showed seasonal decline.

Market challenges include OPEC+ production increases, U.S. tariffs impact, and North Sea regulatory environment, leading to some operators pausing work. Despite these headwinds, management expects meaningful free cash flow in 2025, supported by a strong balance sheet with $370 million in cash and negative net debt of $58.9 million.

Helix Energy Solutions Group (NYSE: HLX) has scheduled its first quarter 2025 earnings release for Wednesday, April 23, 2025, after market close. The company will host a teleconference and webcast to discuss the results on Thursday, April 24, 2025, at 9:00 a.m. Central Time.

Participants can join via phone by dialing 1-888-596-4144 (US) or 1-646-968-2525 (international) using passcode 'Staffeldt'. A live webcast will be available in listen-only mode on Helix's website investor relations section, along with the earnings release and associated slide presentation.

Helix, headquartered in Houston, Texas, specializes in offshore energy services, focusing on well intervention, robotics, and decommissioning operations. The company supports global energy transition through maximizing existing oil and gas production, decommissioning end-of-life fields, and supporting renewable energy developments.