Helix Energy Solutions Group (HLX) Expected to Announce Quarterly Earnings on Wednesday

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.02 per share and revenue of $326.62 million for the quarter.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The oil and gas company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.07. Helix Energy Solutions Group had a net margin of 6.34% and a return on equity of 5.54%. The firm had revenue of $278.06 million during the quarter, compared to the consensus estimate of $285.06 million. On average, analysts expect Helix Energy Solutions Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Helix Energy Solutions Group Trading Down 0.2%

Shares of NYSE HLX traded down $0.01 on Friday, reaching $6.37. 1,219,975 shares of the company traded hands, compared to its average volume of 1,789,600. Helix Energy Solutions Group has a fifty-two week low of $5.66 and a fifty-two week high of $12.89. The company has a 50 day moving average of $6.56 and a 200 day moving average of $7.41. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $965.25 million, a PE ratio of 11.58 and a beta of 1.57.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial cut Helix Energy Solutions Group from a "strong-buy" rating to an "outperform" rating and decreased their price target for the stock from $14.00 to $10.00 in a report on Friday, April 25th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Strs Ohio purchased a new position in Helix Energy Solutions Group in the 1st quarter worth about $89,000. Caxton Associates LLP acquired a new stake in shares of Helix Energy Solutions Group during the 1st quarter valued at about $184,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Helix Energy Solutions Group by 9.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 373,201 shares of the oil and gas company's stock valued at $3,101,000 after acquiring an additional 32,643 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Helix Energy Solutions Group by 530.1% in the 1st quarter. AQR Capital Management LLC now owns 235,208 shares of the oil and gas company's stock valued at $1,955,000 after acquiring an additional 197,882 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Helix Energy Solutions Group by 1,836.3% in the 1st quarter. Jane Street Group LLC now owns 378,195 shares of the oil and gas company's stock valued at $3,143,000 after acquiring an additional 358,663 shares in the last quarter. 91.33% of the stock is owned by institutional investors and hedge funds.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.