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

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its quarterly earnings data on Monday, February 26th. The oil and gas company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.29). The company had revenue of $335.16 million for the quarter, compared to analyst estimates of $326.59 million. Helix Energy Solutions Group had a positive return on equity of 3.40% and a negative net margin of 0.84%. During the same quarter in the previous year, the business earned $0.09 earnings per share. 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 1.7 %

NYSE HLX traded down $0.19 on Wednesday, reaching $10.68. The company had a trading volume of 1,589,160 shares, compared to its average volume of 1,760,225. The company's fifty day moving average is $10.28 and its 200-day moving average is $9.99. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of -152.57 and a beta of 2.50. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.56 and a current ratio of 1.56. Helix Energy Solutions Group has a 1-year low of $6.18 and a 1-year high of $12.14.

Institutional Investors Weigh In On Helix Energy Solutions Group

Several institutional investors have recently bought and sold shares of HLX. Price T Rowe Associates Inc. MD raised its holdings in shares of Helix Energy Solutions Group by 27.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 168,204 shares of the oil and gas company's stock valued at $1,730,000 after purchasing an additional 35,840 shares during the last quarter. Barclays PLC grew its position in Helix Energy Solutions Group by 154.0% in the fourth quarter. Barclays PLC now owns 264,213 shares of the oil and gas company's stock valued at $2,716,000 after purchasing an additional 160,188 shares in the last quarter. Nuveen Asset Management LLC grew its position in Helix Energy Solutions Group by 348.1% in the fourth quarter. Nuveen Asset Management LLC now owns 1,859,967 shares of the oil and gas company's stock valued at $19,120,000 after purchasing an additional 1,444,908 shares in the last quarter. Oberweis Asset Management Inc. lifted its position in Helix Energy Solutions Group by 6.5% during the 4th quarter. Oberweis Asset Management Inc. now owns 357,400 shares of the oil and gas company's stock worth $3,674,000 after buying an additional 21,800 shares in the last quarter. Finally, Profund Advisors LLC lifted its position in Helix Energy Solutions Group by 13.1% during the 4th quarter. Profund Advisors LLC now owns 53,271 shares of the oil and gas company's stock worth $548,000 after buying an additional 6,172 shares in the last quarter. Institutional investors own 91.33% of the company's stock.

Helix Energy Solutions Group Company Profile

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.