Welcome to our dedicated page for Helix Energy Solutions Grp news (Ticker: HLX), a resource for investors and traders seeking the latest updates and insights on Helix Energy Solutions Grp stock.
Helix Energy Solutions Group, Inc. (NYSE: HLX) is an international offshore energy services company headquartered in Houston, Texas, with a focus on well intervention, robotics and decommissioning operations. This news page aggregates company-issued updates and market announcements so readers can follow how Helix’s offshore activities and contracts evolve over time.
According to Helix’s press releases, the company regularly reports on quarterly financial results, segment performance across Well Intervention, Robotics, Shallow Water Abandonment and Production Facilities, and non-GAAP measures such as Adjusted EBITDA, Net Debt and Free Cash Flow. Earnings announcements are often accompanied by conference call details and slide presentations referenced in Form 8-K filings.
Helix also issues news about multi-year contracts and project awards. Recent releases describe riserless plug and abandonment work on subsea wells in the UK North Sea and production enhancement and well abandonment services in the U.S. Gulf of America, using Helix-owned vessels, subsea intervention systems, remotely operated vehicles and project management and engineering support. These updates illustrate the company’s role in maximizing production from existing fields and decommissioning end-of-life offshore assets.
In addition, Helix frequently announces participation in investor and industry conferences, where management presents the company’s outlook and segment activity. Leadership developments, such as the disclosed executive succession plan for the CEO role, are also communicated through news releases and corresponding SEC filings.
Investors, analysts and industry observers can use this HLX news page to review historical announcements on contracts, operations, financial performance and corporate governance, and to monitor how Helix positions its services within the broader offshore energy and energy transition landscape.
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.
Helix Energy Solutions Group (NYSE: HLX) reported its fourth quarter and full year 2024 results. Net income for Q4 2024 was $20.1 million, or $0.13 per diluted share, down from $29.5 million, or $0.19 per share, in Q3 2024, but an improvement from a net loss of $28.3 million in Q4 2023. Adjusted EBITDA for Q4 2024 was $71.6 million, compared to $87.6 million in Q3 2024 and $70.6 million in Q4 2023. For the full year 2024, Helix reported net income of $55.6 million, or $0.36 per share, versus a net loss of $10.8 million in 2023. Full-year adjusted EBITDA was $303.1 million, up from $273.4 million in 2023.
Segment results showed varied performance: Well Intervention revenues increased by 30% QoQ and 11% YoY for Q4 2024. Robotics revenues decreased by 3% QoQ but increased by 30% YoY. Shallow Water Abandonment revenues fell by 47% QoQ and 39% YoY. Production Facilities revenues decreased by 11% QoQ and 5% YoY.
CEO Owen Kratz highlighted the company's highest EBITDA since 2014 and strong Free Cash Flow, despite a $58 million earnout payment. The company expects significant improvements in 2025, with strong contract coverage for its well intervention fleet. Helix also completed the retirement of its convertible notes and repurchased over $40 million in shares, with plans to increase repurchases in 2025.
Helix Energy Solutions Group (NYSE: HLX) has announced its participation in several major industry events throughout March 2025. The company will attend the Raymond James & Associates 46th Annual Institutional Investor Conference in Orlando (March 4), the Daniel Energy Partners THRIVE Energy Conference in Houston (March 6), the Piper Sandler 25th Annual Energy Conference in Las Vegas (March 18-19), the NYSE Energy & Utilities Virtual Investor Access Day (March 20), and the Pickering Energy Partners Gulf of America & Offshore Services Deep Dive Event in New Orleans (March 26).
Helix, headquartered in Houston, Texas, is an international offshore energy services company specializing in 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. Any investor presentations from these events will be accessible on Helix's website.
Helix Robotics Solutions, a division of Helix Energy Solutions Group (NYSE: HLX), has secured a significant contract from Seaway7 for cable burial services at Ørsted's Hornsea 3 Offshore Wind Farm. The project, located 120km off the UK's Norfolk coast, involves burying 192 inter-array cables spanning approximately 500 km.
The contract will span over 300 days, commencing in Q3 2026. Helix will deploy the Grand Canyon III trenching support vessel equipped with T1500 jet trencher, i-Trencher system, and remotely operated vehicle capabilities. The project will be managed from Helix's Aberdeen offices with engineering and survey support.
Helix Energy Solutions Group (NYSE: HLX) has scheduled its fourth quarter and full year 2024 earnings release for Monday, February 24, 2025, after market close. The company will host a conference call and webcast to discuss the results on Tuesday, February 25, 2025, at 9:00 a.m. Central Time.
Investors can participate by dialing 1-800-715-9871 (US) or 1-646-307-1963 (international) with 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 presentation slides. A replay will be available on the website after the event.
Helix, based in Houston, Texas, provides offshore energy services focusing on well intervention, robotics, and full field decommissioning operations, supporting both traditional energy production and the global energy transition.
Helix Energy Solutions Group (NYSE: HLX) has announced its participation in two upcoming industry events. The company will attend the TD Securities Energy Conference in New York on November 19, 2024, at the Westin New York Grand Central, and the Capital One Securities Energy Conference in Houston on December 10, 2024, at the Hotel ZaZa Museum District.
Helix, headquartered in Houston, Texas, provides specialized 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. Any investor presentations from these events will be accessible on Helix's website.
Helix Energy Solutions (NYSE: HLX) reported Q3 2024 net income of $29.5 million ($0.19 per share), compared to $32.3 million in Q2 2024 and $15.6 million in Q3 2023. Q3 2024 revenues were $342.4 million with adjusted EBITDA of $87.6 million. The company's Well Intervention segment saw decreased revenues due to vessel transit times, while Robotics showed improved performance with higher vessel and ROV activities. Shallow Water Abandonment was impacted by hurricane-related disruptions causing approximately $10 million in revenue loss. The company secured over $800 million in new well intervention contracts, strengthening its future backlog.
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