Helix Energy Solutions Group (HLX) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Helix is expected to report Q1 2026 results after the market closes on April 22, with analysts forecasting EPS of ($0.09) and revenue of $260.89 million; the earnings call is scheduled for April 23 at 10:00 AM ET.
• In the prior quarter Helix beat estimates with $0.06 EPS (vs. ($0.02) expected) and $334.16 million in revenue, though revenue was down 5.9% year-over-year; analysts project $0 EPS for the current fiscal year and $1 for the next.
• Shares opened at $9.42 (down 3.8%) with a $1.39 billion market cap, a consensus analyst rating of "Moderate Buy" and a $10.50 target, and roughly 91.3% of the stock is held by institutional investors.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) is expected to announce its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $260.89 million for the quarter. Investors can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 23, 2026 at 10:00 AM ET.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last released its quarterly earnings data on Monday, February 23rd. The oil and gas company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.08. Helix Energy Solutions Group had a net margin of 2.39% and a return on equity of 2.88%. The business had revenue of $334.16 million during the quarter, compared to the consensus estimate of $304.67 million. The business's revenue for the quarter was down 5.9% compared to the same quarter last year. 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 Stock Down 3.8%

HLX opened at $9.42 on Wednesday. The firm has a 50-day simple moving average of $9.25 and a two-hundred day simple moving average of $7.67. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $1.39 billion, a PE ratio of 44.86 and a beta of 1.15. Helix Energy Solutions Group has a 52 week low of $5.52 and a 52 week high of $10.75.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "hold (c-)" rating on shares of Helix Energy Solutions Group in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Helix Energy Solutions Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $10.50.

Institutional Trading of Helix Energy Solutions Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quarry LP purchased a new position in shares of Helix Energy Solutions Group during the fourth quarter worth approximately $27,000. Royal Bank of Canada increased its position in shares of Helix Energy Solutions Group by 175.9% during the fourth quarter. Royal Bank of Canada now owns 6,993 shares of the oil and gas company's stock worth $44,000 after acquiring an additional 4,458 shares during the period. XTX Topco Ltd purchased a new position in shares of Helix Energy Solutions Group during the second quarter worth approximately $80,000. WINTON GROUP Ltd purchased a new position in shares of Helix Energy Solutions Group during the second quarter worth approximately $85,000. Finally, Graham Capital Management L.P. purchased a new position in shares of Helix Energy Solutions Group during the fourth quarter worth approximately $85,000. 91.33% of the stock is owned by hedge funds and other institutional investors.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc NYSE: HLX is a Houston-based provider of offshore well intervention and robotics services to the global energy industry. The company specializes in extending the productive life of subsea wells through hydraulic workover systems, coiled tubing operations and riser-based wireline services. In addition, Helix offers remotely operated vehicle (ROV) support, inspection, maintenance and repair for subsea infrastructure.

Operating through three core business segments—Well Intervention, Robotics & Subsea Services and Production Facilities—Helix deploys purpose-built vessels, specialized equipment and engineering expertise to execute complex offshore projects.

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