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T   14.97 (-0.33%)
F   12.38 (-0.32%)
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NYSE:HLX

Helix Energy Solutions Group (HLX) Stock Forecast, Price & News

$10.96
-0.21 (-1.88%)
(As of 09:39 AM ET)
Compare
Today's Range
$10.96
$11.08
50-Day Range
$8.49
$11.63
52-Week Range
$3.99
$11.88
Volume
67,550 shs
Average Volume
1.83 million shs
Market Capitalization
$1.65 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.67

Helix Energy Solutions Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
31.3% Upside
$14.67 Price Target
Short Interest
Bearish
6.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.70
Upright™ Environmental Score
News Sentiment
0.13mentions of Helix Energy Solutions Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$318,238 Sold Last Quarter
Proj. Earnings Growth
67.31%
From $0.52 to $0.87 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Oils/Energy Sector

119th out of 246 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

9th out of 20 stocks


HLX stock logo

About Helix Energy Solutions Group (NYSE:HLX) Stock

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 Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments. It engages in the installation of flowlines, control umbilicals, and manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection activities; and provision of cable and umbilical lay, and connection services. The company also provides well intervention, intervention engineering, and production enhancement services; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, and subsea equipment; and related support services. In addition, it offers reclamation and remediation services; well plug and abandonment services; pipeline, cable and umbilical abandonment services; and site inspections. Additionally, the company offers oil and natural gas processing facilities and services; and fast response system, as well as site clearance and subsea support services. Further, it provides offshore oilfield decommissioning and reclamation, project management, engineered solutions, intervention, maintenance, repair, heavy lift, and commercial diving services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.

HLX Price History

HLX Stock News Headlines

16 Top Robotics Companies to Get to Know in 2023 (HLX)
What are the top robotics companies in the USA, as robotics continues to grow? Learn more about the best companies today with MarketBeat.
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Oil Price Stays Elevated Despite Fed's Interest Rate Warning
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
DT Midstream (DTM) Expands LEAP Pipeline Capacity by 30%
Helix Reports Second Quarter 2023 Results
12 Best Robotics Stocks To Buy Now
See More Headlines
Receive HLX Stock News and Ratings via Email

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HLX Company Calendar

Last Earnings
7/26/2023
Today
10/02/2023
Next Earnings (Estimated)
10/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
42330P10
Employees
2,280
Year Founded
1980

Price Target and Rating

Average Stock Price Forecast
$14.67
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+31.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-87,780,000.00
Pretax Margin
-0.34%

Debt

Sales & Book Value

Annual Sales
$1.12 billion
Cash Flow
$0.47 per share
Book Value
$9.99 per share

Miscellaneous

Free Float
141,558,000
Market Cap
$1.68 billion
Optionable
Optionable
Beta
2.80

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Key Executives

  • Mr. Owen E. KratzMr. Owen E. Kratz (Age 68)
    Pres, CEO & Director
    Comp: $2.11M
  • Mr. Erik  StaffeldtMr. Erik Staffeldt (Age 51)
    Exec. VP & CFO
    Comp: $1.03M
  • Mr. Scott Andrew SparksMr. Scott Andrew Sparks (Age 49)
    Exec. VP & COO
    Comp: $1.07M
  • Mr. Kenneth English Neikirk (Age 47)
    Exec. VP, Gen. Counsel & Corp. Sec.
    Comp: $939.62k
  • Mr. Brent Alexander Arriaga (Age 48)
    Chief Accounting Officer & Corp. Controller













HLX Stock - Frequently Asked Questions

Should I buy or sell Helix Energy Solutions Group stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Helix Energy Solutions Group in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HLX shares.
View HLX analyst ratings
or view top-rated stocks.

What is Helix Energy Solutions Group's stock price forecast for 2023?

3 analysts have issued 1-year price objectives for Helix Energy Solutions Group's shares. Their HLX share price forecasts range from $13.00 to $17.00. On average, they predict the company's share price to reach $14.67 in the next year. This suggests a possible upside of 31.3% from the stock's current price.
View analysts price targets for HLX
or view top-rated stocks among Wall Street analysts.

How have HLX shares performed in 2023?

Helix Energy Solutions Group's stock was trading at $7.38 at the beginning of 2023. Since then, HLX shares have increased by 51.4% and is now trading at $11.17.
View the best growth stocks for 2023 here
.

Are investors shorting Helix Energy Solutions Group?

Helix Energy Solutions Group saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 8,980,000 shares, an increase of 7.2% from the August 31st total of 8,380,000 shares. Based on an average daily volume of 1,830,000 shares, the days-to-cover ratio is currently 4.9 days. Currently, 6.4% of the shares of the company are sold short.
View Helix Energy Solutions Group's Short Interest
.

When is Helix Energy Solutions Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our HLX earnings forecast
.

How were Helix Energy Solutions Group's earnings last quarter?

Helix Energy Solutions Group, Inc. (NYSE:HLX) posted its quarterly earnings data on Wednesday, July, 26th. The oil and gas company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.07. The oil and gas company had revenue of $308.82 million for the quarter, compared to analyst estimates of $274.84 million. Helix Energy Solutions Group had a negative net margin of 1.26% and a positive trailing twelve-month return on equity of 0.75%.

How will Helix Energy Solutions Group's stock buyback program work?

Helix Energy Solutions Group declared that its board has authorized a stock repurchase plan on Monday, February 20th 2023, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 16.5% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

What guidance has Helix Energy Solutions Group issued on next quarter's earnings?

Helix Energy Solutions Group issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.18 billion-$1.25 billion, compared to the consensus revenue estimate of $1.16 billion.

What is Owen E. Kratz's approval rating as Helix Energy Solutions Group's CEO?

18 employees have rated Helix Energy Solutions Group Chief Executive Officer Owen E. Kratz on Glassdoor.com. Owen E. Kratz has an approval rating of 37% among the company's employees. This puts Owen E. Kratz in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Helix Energy Solutions Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Helix Energy Solutions Group investors own include Athersys (ATHX), Energy Transfer (ET), Advanced Micro Devices (AMD), Ford Motor (F), WPX Energy (WPX), General Electric (GE), Marathon Oil (MRO), Oasis Petroleum (OAS), Transocean (RIG) and Enterprise Products Partners (EPD).

What is Helix Energy Solutions Group's stock symbol?

Helix Energy Solutions Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "HLX."

How do I buy shares of Helix Energy Solutions Group?

Shares of HLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Helix Energy Solutions Group's stock price today?

One share of HLX stock can currently be purchased for approximately $11.17.

How much money does Helix Energy Solutions Group make?

Helix Energy Solutions Group (NYSE:HLX) has a market capitalization of $1.68 billion and generates $1.12 billion in revenue each year. The oil and gas company earns $-87,780,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis.

How many employees does Helix Energy Solutions Group have?

The company employs 2,280 workers across the globe.

How can I contact Helix Energy Solutions Group?

Helix Energy Solutions Group's mailing address is 3505 W SAM HOUSTON PARKWAY NORTH SUITE 400, HOUSTON TX, 77043. The official website for the company is www.helixesg.com. The oil and gas company can be reached via phone at (281) 618-0400, via email at investorrelations@helixesg.com, or via fax at 281-618-0500.

This page (NYSE:HLX) was last updated on 10/2/2023 by MarketBeat.com Staff

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