Helix Energy Solutions Group, Inc. (HLX)

In the past six months, Helix Energy Solutions Group's stock has been influenced by several events. The company reported its third-quarter 2025 results on October 22, 2025, announcing a net income of $22.1 million, or $0.15 per diluted share, which marked its highest quarterly results since 2014, but earlier reports indicated a decline in the Q3 bottom line and missed estimates. Helix reported a challenging second quarter for fiscal year 2025, with a net loss of $3 million. Helix secured a multi-year contract for riserless plug and abandonment (P&A) operations on up to 34 subsea wells in the UK North Sea, scheduled to commence in 2026. Additionally, the company was awarded a multi-year contract in the U.S. Gulf of America for production enhancement and well abandonment services, also commencing in 2026. Helix Robotics Solutions also secured a significant trenching contract for the Hornsea 3 wind farm. On December 17, 2025, Helix Energy Solutions announced a CEO succession plan, with Owen Kratz intending to retire. The stock crossed above key moving average levels, indicating bullish trends, and surged 5.78% on January 6, 2026, due to speculation about offshore drilling activity and strategic operational shifts. For the full year 2025, the company narrowed its EBITDA guidance to $240 million - $270 million and expects revenues between $1.23 billion and $1.29 billion.

Helix Energy Solutions Group's business experiences seasonal variations, with winter months typically being slower and summer months more active, affecting vessel utilization and revenue pacing. This seasonality can lead to anticipated schedule gaps for vessels, particularly in the northern hemisphere.

Helix Energy Solutions Group, Inc. (HLX) is an international offshore energy services company operating in the Oilfield Services/Equipment industry. It supports the global energy transition by maximizing oil and gas production, aiding in renewable energy developments, and decommissioning end-of-life oil and gas fields. The company's services are delivered through four segments: Well Intervention, Robotics, Shallow Water Abandonment, and Production Facilities.

Helix Energy Solutions Group has a strong market presence across major offshore basins worldwide, including the Gulf of Mexico, Brazil, the North Sea, Asia Pacific, West Africa, and the U.S. East Coast. The acquisition of the Alliance group of companies in July 2022 expanded its capabilities in the Gulf of Mexico shelf.

Helix Energy Solutions Group is known for its commitment to safety, innovation, and operational excellence. The company's MarketRank™ score is higher than 95% of companies evaluated by MarketBeat, ranking 37th out of 256 stocks in the energy sector, suggesting a strong overall market perception.

Institutional investors hold a significant portion of Helix Energy Solutions Group, Inc.'s shares, ranging from 86.5% to 91.4% of total shares outstanding. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., Dimensional Fund Advisors Lp., State Street Corp., American Century Companies Inc., Principal Financial Group Inc., Millennium Management Llc., Geode Capital Management, Llc., Wellington Management Group Llp., and Invesco Ltd. Owen E. Kratz, the President and CEO, is a significant individual insider, holding approximately 5.28% of the shares.