Helix Energy Solutions Group, Inc. (HLX)
Helix Energy Solutions Group, Inc. (HLX) is an offshore energy company that provides technically demanding well intervention, robotics, and production services primarily to the oil and gas industry. Founded in 1980 and headquartered in Houston, Texas, Helix specializes in deepwater and harsh environment operations, offering clients solutions that enhance the safety, efficiency, and productivity of their offshore assets. The company’s services include subsea construction, inspection, maintenance, and repair, utilizing advanced technology such as remotely operated vehicles (ROVs).
Company News
Helix Energy Solutions Group (HLX) is trading at $6.87, up 2.08% in the current session. The company's P/E ratio of 21.03 is slightly lower than the industry average of 22.07, suggesting potential undervaluation or weak growth prospects.
Helix Energy Solutions Group reported weaker Q2 2025 financial results, with declining revenues and profits, driven by operational challenges in Well Intervention and reduced customer spending in offshore energy markets.
Baker Hughes announced several leadership changes, including the appointment of Amerino Gatti as Executive Vice President of Oilfield Services & Equipment, Maria Claudia Borras as Chief Growth & Experience Officer, and Muzzamil Khider Ahmed as Chief People & Culture Officer. These changes are designed to drive the company's strategy and growth in...
Helix Energy (HLX) secures a five-year contract to provide decommissioning services to Talos (TALO) for the latter???s offshore wells and infrastructure in the Gulf of Mexico Shelf.
