HLX - Helix Energy Solutions Group Inc Stock Price, Fair Value and News

11.31USD+0.30 (+2.72%)Market Closed

Market Summary

USD11.31+0.30

Market Closed

2.72%

HLX Stock Price

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HLX RSI Chart

HLX Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

-159.05

Price/Sales (Trailing)

1.34

EV/EBITDA

9.93

Price/Free Cashflow

11.31

HLX Price/Sales (Trailing)

HLX Profitability

Operating Margin

15.53%

EBT Margin

0.58%

Return on Equity

-0.72%

Return on Assets

-0.42%

Free Cashflow Yield

8.84%

HLX Fundamentals

HLX Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

16.45%

Rev. Growth (Qtr)

-15.29%

HLX Earnings

Earnings (TTM)

-10.8M

Earnings Growth (Yr)

-1.1K%

Earnings Growth (Qtr)

-282.09%

Breaking Down HLX Revenue

Last 7 days

6.4%

Last 30 days

5.6%

Last 90 days

12.0%

Trailing 12 Months

58.6%

How does HLX drawdown profile look like?

HLX Financial Health

Current Ratio

1.56

Debt/Equity

0.21

Debt/Cashflow

0.49

HLX Investor Care

Shares Dilution (1Y)

0.17%

Diluted EPS (TTM)

-0.07

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	973.1M	1.1B	1.2B	1.3B
2022	661.4M	662.1M	753.9M	873.1M
2021	715.9M	678.7M	666.0M	674.7M
2020	766.1M	763.5M	744.4M	733.6M
2019	742.4M	739.5M	739.5M	751.9M
2018	641.1M	695.4M	744.7M	739.8M
2017	501.1M	544.1M	546.1M	581.4M
2016	597.2M	538.5M	517.2M	487.6M
2015	1.0B	903.7M	745.3M	695.8M
2014	932.7M	1.0B	1.1B	1.1B
2013	813.7M	848.4M	851.4M	876.6M
2012	809.1M	840.7M	844.5M	846.1M
2011	1.1B	987.6M	808.2M	702.0M
2010	1.1B	896.9M	1.1B	1.2B
2009	0	1.9B	1.7B	1.5B
2008	0	0	0	2.1B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Helix Energy Solutions Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	harris paula	acquired	-	-	2,595	-
Mar 06, 2024	staffeldt erik	sold (taxes)	-784,487	10.28	-76,312	evp & cfo
Mar 06, 2024	staffeldt erik	acquired	-	-	193,931	evp & cfo
Mar 06, 2024	kratz owen e	sold (taxes)	-958,805	10.28	-93,269	president & ceo
Mar 06, 2024	sparks scott andrew	acquired	-	-	215,477	evp & coo
Mar 06, 2024	neikirk kenneth english	acquired	-	-	172,381	evp, gen counsel & secretary
Mar 06, 2024	kratz owen e	acquired	-	-	237,023	president & ceo
Mar 06, 2024	neikirk kenneth english	sold (taxes)	-697,313	10.28	-67,832	evp, gen counsel & secretary
Mar 06, 2024	sparks scott andrew	sold (taxes)	-871,652	10.28	-84,791	evp & coo
Jan 04, 2024	kratz owen e	back to issuer	-1,884,620	9.8	-192,308	president & ceo

Which funds bought or sold HLX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	AlphaCentric Advisors LLC	sold off	-100	-514,000	-	-%
Apr 24, 2024	Assenagon Asset Management S.A.	unchanged	-	744,701	14,415,300	0.03%
Apr 24, 2024	Simplicity Wealth,LLC	new	-	162,730	162,730	-%
Apr 23, 2024	FIFTH THIRD BANCORP	added	2.34	1,845	25,160	-%
Apr 23, 2024	RICE HALL JAMES & ASSOCIATES, LLC	reduced	-8.38	-103,130	2,943,260	0.17%
Apr 23, 2024	AMALGAMATED BANK	reduced	-15.37	-57,000	475,000	-%
Apr 23, 2024	Gradient Investments LLC	reduced	-5.00	2.00	824	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-0.99	32,116	760,968	0.01%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	sold off	-100	-141,083	-	-%
Apr 22, 2024	Byrne Asset Management LLC	unchanged	-	174	6,504	-%

Are Funds Buying or Selling HLX?

Are funds buying HLX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HLX

No. of Funds

Unveiling Helix Energy Solutions Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.77%	13,214,461	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	7.2%	10,906,292	SC 13G/A
Jan 19, 2024	blackrock inc.	17.5%	26,338,219	SC 13G/A
May 12, 2023	kratz owen e	5.0%	7,566,831	SC 13D
Feb 10, 2023	dimensional fund advisors lp	5.3%	7,972,392	SC 13G
Feb 09, 2023	vanguard group inc	8.87%	13,462,456	SC 13G/A
Feb 06, 2023	victory capital management inc	02%	31,360	SC 13G/A
Jan 26, 2023	blackrock inc.	16.7%	25,383,202	SC 13G/A
Jan 20, 2023	blackrock inc.	16.7%	25,383,202	SC 13G/A
Feb 10, 2022	vanguard group inc	8.36%	12,619,890	SC 13G/A

Recent SEC filings of Helix Energy Solutions Group Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	8-K	Current Report
Apr 03, 2024	DEFA14A	DEFA14A
Apr 03, 2024	DEF 14A	DEF 14A
Apr 03, 2024	ARS	ARS
Apr 01, 2024	4	Insider Trading
Mar 22, 2024	8-K	Current Report
Mar 18, 2024	8-K	Current Report
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading

Peers (Alternatives to Helix Energy Solutions Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	70.6B	34.1B	-8.56%	3.47%	16.29	2.07	14.20%	12.21%
HAL	34.7B	23.1B	1.10%	22.10%	13.39	1.5	6.71%	31.84%
MID-CAP
FTI	11.5B	7.8B	4.97%	107.81%	205.02	1.47	16.77%	152.43%
NOV	7.5B	8.6B	-0.52%	5.16%	7.52	0.87	18.60%	536.86%
CHX	6.8B	3.7B	1.60%	28.73%	18.57	1.81	-4.02%	100.73%
LBRT	3.8B	4.6B	14.94%	82.33%	8.05	0.84	-1.29%	-16.22%
AROC	3.1B	990.3M	2.72%	106.60%	29.83	3.16	17.12%	137.04%
SMALL-CAP
DNOW	1.6B	2.3B	-2.20%	41.97%	6.3	0.67	8.66%	93.36%
CLB	681.3M	-	3.64%	-17.99%	28.73	1.36	-	-
DRQ	664.2M	424.1M	-16.12%	-27.42%	1.1K	1.57	17.17%	137.19%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	331.0M	719.2M	-9.67%	-10.39%	12.61	0.46	9.95%	114.41%

Helix Energy Solutions Group Inc News

Latest updates

Helix Energy Solutions Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-15.3%	335	396	309	250	288	273	163	150	169	181	162	163	160	193	199	181	171	213	202	167	158
Cost Of Revenue	-9.3%	286	315	253	235	256	233	164	169	174	178	159	149	146	159	170	179	144	158	162	151	145
Gross Profit	-38.8%	49.00	81.00	55.00	15.00	31.00	39.00	-1.35	-18.61	-5.36	3.00	3.00	15.00	14.00	35.00	30.00	2.00	27.00	55.00	40.00	16.00	14.00
S&GA Expenses	-17.4%	23.00	28.00	24.00	20.00	23.00	24.00	16.00	14.00	21.00	13.00	13.00	15.00	13.00	16.00	16.00	16.00	21.00	16.00	17.00	16.00	17.00
EBITDA Margin	-14.1%	0.13*	0.15*	0.15*	0.13*	0.10*	0.06*	0.06*	0.08*	0.14*	0.19*	0.25*	0.27*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	0.00	9.00	1.00	9.00	1.00	9.00	1.00	9.00	2.00	6.00	4.00	5.00	-0.49	1.00	-0.13	2.00	1.00
Income Taxes	5.5%	9.00	8.00	3.00	-2.02	3.00	7.00	1.00	2.00	-6.01	-1.10	-2.00	0.00	-2.57	5.00	-0.27	-21.09	1.00	4.00	3.00	0.00	1.00
Earnings Before Taxes	-182.1%	-19.61	24.00	10.00	-7.18	5.00	-12.26	-28.26	-39.89	-31.96	-20.10	-15.65	-2.93	2.00	30.00	5.00	-35.02	9.00	35.00	20.00	2.00	-12.57
EBT Margin	-77.6%	0.01*	0.03*	0.00*	-0.04*	-0.09*	-0.15*	-0.18*	-0.16*	-0.10*	-0.06*	0.02*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	-282.1%	-28.33	16.00	7.00	-5.16	3.00	-18.76	-29.70	-42.03	-25.91	-19.04	-13.71	-2.88	4.00	24.00	5.00	-11.94	8.00	32.00	17.00	1.00	-13.75
Net Income Margin	-151.7%	-0.01*	0.02*	-0.01*	-0.05*	-0.10*	-0.15*	-0.18*	-0.15*	-0.09*	-0.05*	0.02*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	199.7%	95.00	32.00	32.00	-5.39	50.00	25.00	-5.84	-17.41	19.00	29.00	53.00	40.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	5.0%	2,556	2,435	2,424	2,369	2,389	2,355	2,214	2,307	2,326	2,347	2,418	2,422	2,498	2,505	2,485	2,514	2,597	2,614	2,620	2,607	2,348
Current Assets	25.7%	698	555	512	449	461	476	485	504	530	508	520	489	526	521	478	431	438	512	490	451	451
Cash Equivalents	97.3%	332	168	183	167	187	165	263	303	327	309	315	270	291	259	220	212	263	286	261	220	279
Net PPE	-0.1%	1,573	1,575	1,609	1,626	1,642	1,608	1,539	1,610	1,658	1,687	1,735	1,759	1,783	1,776	1,779	1,810	1,873	1,798	1,804	1,818	1,827
Liabilities	16.7%	1,055	904	892	854	873	874	682	715	679	678	718	710	754	796	827	862	894	931	968	977	730
Current Liabilities	14.9%	449	390	383	288	298	330	233	257	278	258	275	218	279	277	287	280	285	312	333	249	191
Long Term Debt	43.4%	313	219	222	222	226	225	259	258	262	262	265	300	259	284	305	304	306	305	307	381	393
LT Debt, Current	452.0%	48.00	9.00	38.00	38.00	38.00	38.00	8.00	43.00	43.00	43.00	70.00	36.00	91.00	73.00	82.00	91.00	100	108	117	48.00	47.00
LT Debt, Non Current	43.4%	313	219	222	222	226	225	259	258	262	262	265	300	259	284	305	304	306	305	307	381	393
Shareholder's Equity	-1.9%	1,501	1,531	1,532	1,516	1,517	1,482	1,532	1,593	1,647	1,670	1,700	1,707	1,740	1,705	1,655	1,649	1,700	1,679	1,648	1,630	1,618
Retained Earnings	-8.3%	312	341	325	318	323	321	339	369	411	437	456	468	465	460	436	431	445	437	406	389	383
Accumulated Depreciation	2.1%	1,506	1,475	1,450	1,410	1,375	1,338	1,322	1,306	1,281	1,256	1,229	1,198	1,166	1,135	1,100	1,071	1,050	1,022	1,001	986	959
Shares Outstanding	0.2%	151	151	151	152	151	151	151	151	150	150	150	150	-	-	-	-	-	-	-	-	-
Float	-	-	-	1,000	-	-	-	443	-	-	-	812	-	-	-	491	-	-	-	906	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	199.7%	94,737	31,611	31,501	-5,392	49,712	24,650	-5,841	-17,413	18,865	28,712	52,671	39,869	40,172	52,586	23,264	-17,222	79,792	57,316	66,807	-34,246	45,917
Share Based Compensation	9.3%	1,745	1,596	1,594	1,575	1,821	2,058	1,900	1,672	1,906	1,882	1,997	1,904	2,174	2,149	1,986	2,259	2,490	2,478	3,782	2,719	2,356
Cashflow From Investing	65.3%	-2,859	-8,245	-1,255	-6,300	-28,514	-115,428	6,276	-623	-936	-574	-5,432	-1,329	-1,026	-1,174	-4,692	-12,389	-95,218	-18,153	-17,058	-11,956	-80,608
Cashflow From Financing	310.7%	76,484	-36,305	-5,646	-9,424	-407	-4,118	-34,911	-5,408	-338	-32,857	-2,917	-59,885	-10,578	-13,851	-9,758	-18,391	-10,180	-13,169	-8,414	-14,055	-10,212
Buy Backs	-101.5%	-28.50	1,939	5,123	4,983	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

HLX Income Statement

2023-12-31

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net revenues	$ 1,289,728	$ 873,100	$ 674,728
Cost of sales	1,089,372	822,484	659,335
Gross profit	200,356	50,616	15,393
Gain (loss) on disposition of assets, net	367		(631)
Acquisition and integration costs	(540)	(2,664)
Change in fair value of contingent consideration	(42,246)	(16,054)
Selling, general and administrative expenses	(94,427)	(76,753)	(63,449)
Income (loss) from operations	63,510	(44,855)	(48,687)
Equity in earnings (losses) of investment		8,262	(1)
Net interest expense	(17,338)	(18,950)	(23,201)
Loss on extinguishment of long-term debt	(37,277)		(136)
Other expense, net	(3,590)	(23,330)	(1,490)
Royalty income and other	2,209	3,692	2,873
Income (loss) before income taxes	7,514	(75,181)	(70,642)
Income tax provision (benefit)	18,352	12,603	(8,958)
Net loss	(10,838)	(87,784)	(61,684)
Net loss attributable to redeemable noncontrolling interests			(146)
Net loss attributable to common shareholders	$ (10,838)	$ (87,784)	$ (61,538)
Loss per share of common stock:
Basic	$ (0.07)	$ (0.58)	$ (0.41)
Diluted	$ (0.07)	$ (0.58)	$ (0.41)
Weighted average common shares outstanding (in shares)
Basic	150,917	151,276	150,056
Diluted	150,917	151,276	150,056

HLX Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 332,191	$ 186,604
Restricted cash		2,507
Accounts receivable, net of allowance for credit losses of $3,407 and $2,277, respectively	280,427	212,779
Other current assets	85,223	58,699
Total current assets	697,841	460,589
Property and equipment	3,078,571	3,016,312
Less accumulated depreciation	(1,505,722)	(1,374,697)
Property and equipment, net	1,572,849	1,641,615
Operating lease right-of-use assets	169,233	197,849
Deferred recertification and dry dock costs, net	71,290	38,778
Other assets, net	44,823	50,507
Total assets	2,556,036	2,389,338
Current liabilities:
Accounts payable	134,552	135,267
Accrued liabilities	203,112	73,574
Current maturities of long-term debt	48,292	38,200
Current operating lease liabilities	62,662	50,914
Total current liabilities	448,618	297,955
Long-term debt	313,430	225,875
Operating lease liabilities	116,185	154,686
Deferred tax liabilities	110,555	98,883
Other non-current liabilities	66,248	95,230
Total liabilities	1,055,036	872,629
Commitments and contingencies
Shareholders' equity:
Common stock, no par, 240,000 shares authorized, 152,291 and 151,935 shares issued, respectively	1,271,565	1,298,740
Retained earnings	312,450	323,288
Accumulated other comprehensive loss	(83,015)	(105,319)
Total shareholders' equity	1,501,000	1,516,709
Total liabilities and shareholders' equity	$ 2,556,036	$ 2,389,338

About Helix Energy Solutions Group Inc

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.

CEO	Mr. Owen E. Kratz
WEBSITE	helixesg.com
INDUSTRY	Oil - Services
EMPLOYEES	2280

Helix Energy Solutions Group Inc Frequently Asked Questions

What is the ticker symbol for Helix Energy Solutions Group Inc? What does HLX stand for in stocks?

HLX is the stock ticker symbol of Helix Energy Solutions Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Helix Energy Solutions Group Inc (HLX)?

As of Thu Apr 25 2024, market cap of Helix Energy Solutions Group Inc is 1.72 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HLX stock?

You can check HLX's fair value in chart for subscribers.

What is the fair value of HLX stock?

You can check HLX's fair value in chart for subscribers. The fair value of Helix Energy Solutions Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Helix Energy Solutions Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HLX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Helix Energy Solutions Group Inc a good stock to buy?

The fair value guage provides a quick view whether HLX is over valued or under valued. Whether Helix Energy Solutions Group Inc is cheap or expensive depends on the assumptions which impact Helix Energy Solutions Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HLX.

What is Helix Energy Solutions Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, HLX's PE ratio (Price to Earnings) is -159.05 and Price to Sales (PS) ratio is 1.34. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HLX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Helix Energy Solutions Group Inc's stock?

In the past 10 years, Helix Energy Solutions Group Inc has provided -0.071 (multiply by 100 for percentage) rate of return.