Helix Energy Solutions

HLX

Market cap $1.33B

Helix reported Q4 2025 earnings results last Tuesday, including net income and free cash flow. Revenues were down due to lower utilization. The company shared a positive outlook for the latter half of 2026 and for 2027.

Helix Energy Solutions reported strong fourth quarter results, with both revenues and earnings per share coming in well above consensus expectations. Outperformance was mostly a result of strong contributions from the company's shallow water abandonment and robotics operations. HLX generated an eye-catching $107 million in free cash flow and finished the quarter with $445 million in cash and equivalents and $315 million in funded debt.

Helix Energy Solutions Group, Inc. (HLX) Q4 2025 Earnings Call Transcript

Helix Energy (HLX) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.13 per share a year ago.

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income of $8.3 million, or $0.06 per diluted share, for the fourth quarter 2025 compared to net income of $22.1 million, or $0.15 per diluted share, for the third quarter 2025 and net income of $20.1 million, or $0.13 per diluted share, for the fourth quarter 2024. Net income during the fourth quarter 2025 included a non-cash impairment charge for certain of our oil and gas properties of approximatel.

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it will participate in the following upcoming events: Daniel Energy Partners THRIVE Energy Conference in Houston, Texas at Daikin Park on Wednesday, February 25, 2026 Raymond James & Associates 47th Annual Institutional Investor Conference in Orlando, Florida at the JW Marriott Orlando Grande Lakes on Tuesday, March 3, 2026 Piper Sandler 26th Annual Energy Conference in Las Vegas, Nevada at the Wal.

Gate City Capital Management sold 575,000 shares of HLX in the fourth quarter; the estimated transaction value was $3.82 million (based on quarterly average prices). Meanwhile, the quarter-end valuation of the HLX stake fell by $4.31 million (reflecting both trading and price movement).

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its fourth quarter and full year 2025 results on Monday, February 23, 2026, 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 fourth quarter and full year 2025 results on Tuesday, February 24, 2026, at 9:00 a.m. Central Time via a teleconference and webcast. Investors and other i.

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it will participate in the Fearnley Securities Annual Offshore Drilling & Services Seminars in New York at the Peninsula Hotel on Wednesday, January 14, 2026, and in London at the Connaught Hotel on Thursday, January 15, 2026. Any investor presentation provided during the event will be publicly available and may be accessed on Helix's website, www.helixesg.com. About Helix Helix Energy Solutions Gr.

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (“Helix”) (NYSE: HLX) has secured a multi-year contract with a major operator for riserless plug and abandonment (P&A) operations on up to 34 subsea wells in the UK North Sea. The awarded scope of work is scheduled to commence in 2026 and includes the flushing and disconnection of pipelines and well P&A. Helix expects to utilize Helix-owned assets including either the Well Enhancer or the Seawell, purpose-built light well inte.