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Helix Energy Solutions Group, Inc. HLX R2K

Energy · Oil & Gas Equipment & Services · United States
https://www.helixesg.com

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 United States, North Sea, the Asia Pacific, West Africa, and internationally. The company operates through four segments: Well Intervention, Robotics, Shallow Water Abandonment, and Production Facilities. 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; and cable and umbilical lay. The company also provides well intervention, intervention engineering, and production enhancement services; coiled tubing operations; and inspection, repair, and maintenance IRM of production structures, trees, jumpers, risers, pipelines, and subsea equipment, as well as related support services. In addition, it offers reclamation and remediation services; well plug and abandonment P&A services; pipeline, cable and umbilical abandonment services; and site inspections. Further, the company offers oil and natural gas processing facilities and services; and fast response system, as well as site clearance and subsea support services. Additionally, it provides offshore oilfield decommissioning and reclamation, site clearance, project management, engineered solutions, intervention, 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. The company was incorporated in 1979 and is headquartered in Houston, Texas.

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$9.35
+51.05% 1Y

Market & Price

Market Cap
$1.38B
Current Price
$9.35
High / Low (52W)
$10.55 / $5.70
Beta
1.16

Valuation

Stock P/E
93.50
Industry PE
18.25
Forward P/E
16.77
PEG Ratio
17.67
Book Value
$10.57
Price to Book
0.88
P/S
1.06
EV/EBITDA
7.64
Dividend Yield
-

Profitability & Returns

ROCE
3.26%
ROE
0.92%
ROA
1.48%
Profit Margin
1.10%
Op Margin
-4.62%
EPS (Latest Qtr)
$-0.09
EPS (TTM)
$0.10

Balance Sheet & Liquidity

Debt/Equity
0.40
Quick Ratio
2.70
Current Ratio
2.92
Debt
$625.76M
Total Assets
$2.62B
Current Assets
$824.99M
Working Capital
$525.31M

Ownership

Promoter Holding
6.78%
Chg in Prom Hold
-
FII / Inst Holding
90.84%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$1.50B
Total Revenue (TTM)
$1.30B
EBITDA
$196.62M
Free Cash Flow
$208.45M
Operating Cash Flow
$182.09M
Shares Outstanding
147.30M
Gross Margin
10.79%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
13.94%
Profit 5Y
45.04%
Revenue (YoY)
3.60%
Earnings (YoY)
-

PROS

  • Compounding revenue at 13.9% over 5 years.
  • Profit CAGR of 45.0% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 93.5.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Energy).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 HLX Helix Energy Solutions Group, Inc. R2K 9.35 93.50 $1.38B - 3.26% 0.92% 13.94% 45.04%
2 XOM Exxon Mobil Corporation SPX 145.26 24.45 $602.10B 2.84% 11.12% 9.87% -6.69% -19.72%
3 CVX Chevron Corporation SPX 182.46 31.73 $363.39B 3.90% 7.21% 6.64% -7.85% -29.74%
4 COP ConocoPhillips SPX 113.98 19.32 $138.86B 2.95% 12.63% 11.28% -9.11% -24.66%
5 WMB The Williams Companies, Inc. SPX 71.39 31.31 $87.31B 2.94% 9.66% 19.66% 2.91% 8.51%
6 SLB SLB N.V. SPX 54.55 24.03 $81.56B 2.16% 12.08% 14.07% 8.33% -0.65%
7 VLO Valero Energy Corporation SPX 244.82 17.88 $72.70B 1.96% 8.12% 15.85% -11.40% -41.16%
8 MPC Marathon Petroleum Corporation SPX 248.77 16.37 $72.63B 1.57% 13.11% 27.46% -9.23% -34.67%
9 EOG EOG Resources, Inc. SPX 133.38 13.13 $71.04B 3.06% 14.00% 18.20% -8.51% -13.74%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ------104.53M150.33M163.26M163.27M164.26M204.62M212.57M158.36M166.82M201.73M212.61M170.75M181.02M199.15M193.49M159.90M163.41M161.94M180.72M150.12M162.61M272.55M250.08M308.82M395.67M296.21M364.80M--278.06M302.29M376.96M334.16M287.95M
Cost of Revenue -----------------------------------250.53M287.34M310.94M283.53M279.12M
Gross Profit 31.97M-324.90M-16.93M5.66M40.18M17.60M-825.00K18.37M21.14M23.48M12.98M42.90M51.99M13.81M16.25M39.93M55.07M26.58M2.01M29.58M34.63M13.70M14.62M3.13M3.00M-18.61M-1.35M39.22M15.18M55.35M80.55M19.55M75.49M--27.54M14.95M66.02M50.63M8.83M
Operating Expenses -----------------------------------19.37M18.10M18.17M20.30M22.14M
Operating Income 18.37M--30.76M-9.29M21.47M--17.70M5.05M4.77M--1.12M24.77M31.38M-269.00K23.07M39.00M--21.03M14.19M19.02M--555.00K-10.94M-10.33M-32.98M-18.98M12.23M-8.30M20.20M36.23M-1.28M53.19M--8.17M-3.15M47.85M30.33M-13.31M
EBITDA -----------------------------------45.01M33.61M83.32M48.05M25.26M
Interest Expense -----------------------------------8.24M8.25M8.24M8.24M8.20M
Pretax Income -----------------------------------3.52M-8.60M41.25M6.30M-16.56M
Tax Provision -----------------------------------453.00K-6.00M19.17M-1.97M-3.15M
Net Income 9.88M--27.82M-10.67M11.46M--16.41M-6.40M2.29M50.58M-2.56M17.78M27.12M-13.75M1.32M16.85M31.70M8.05M-11.94M5.45M24.50M4.16M-2.88M-13.71M-19.04M-42.03M-29.70M-18.76M-5.17M7.10M15.56M-26.29M32.29M--3.07M-2.60M22.08M8.27M-13.41M
Diluted EPS 0.09-3.83-0.26-0.100.10-0.46-0.11-0.040.020.34-0.020.120.18-0.090.010.110.210.05-0.090.040.160.03-0.02-0.09-0.13-0.28-0.20-0.12-0.030.050.10-0.170.21--0.02-0.020.150.06-0.09

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --------487.58M581.38M739.82M751.91M733.55M-873.10M1.29B1.36B1.29B
Cost of Revenue --------------822.48M1.09B1.14B1.13B
Gross Profit 372.19M243.16M164.82M149.68M49.91M260.69M344.04M-233.77M46.52M62.17M121.68M137.84M79.91M-50.62M200.36M219.56M159.14M
Operating Expenses --------------76.75M94.43M91.65M75.94M
Operating Income -414.22M203.81M51.08M63.04M-68.48M179.03M261.76M-307.36M-63.23M-1.13M51.54M68.00M13.03M--26.14M105.93M127.91M83.20M
EBITDA --------------73.72M167.30M253.17M209.99M
Interest Expense --------------20.18M21.36M33.90M32.97M
Pretax Income ---------------75.18M7.51M82.06M42.48M
Tax Provision --------------12.60M18.35M26.43M11.65M
Net Income -635.93M156.05M-126.99M129.98M-46.30M---376.98M-81.44M30.05M28.60M57.92M22.17M--87.78M-10.84M55.64M30.83M
Diluted EPS -7.050.96-1.221.23-0.441.041.85-3.58-0.730.200.190.380.13--0.58-0.070.360.21

Compounded Sales Growth

5 Years:13.94%
1 Year:3.60%

Compounded Profit Growth

5 Years:45.04%
1 Year:-

Stock Price Performance

1 Year:+51.05%
6 Months:+39.97%
3 Months:+1.74%
1 Month:-7.43%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --3.78B3.59B3.58B3.39B2.54B2.70B2.40B2.25B2.36B2.35B2.60B2.50B-2.39B2.56B2.60B2.62B
Current Assets ---------------460.59M697.84M709.68M824.99M
Cash & Equivalents 89.56M223.61M270.67M391.08M546.46M437.10M478.20M476.49M494.19M356.65M266.59M279.46M208.43M291.32M-186.60M332.19M368.03M445.20M
Inventory -------------------
Receivables ---------------212.78M280.43M258.63M303.94M
Total Liabilities --2.35B2.31B2.13B1.97B1.02B1.05B1.12B965.13M795.44M729.95M893.68M753.93M-872.63M1.06B1.08B1.04B
Current Liabilities --368.49M367.80M396.18M453.05M190.22M225.61M210.91M186.40M265.64M191.49M284.96M279.31M-297.95M448.62M304.42M299.68M
Long Term Debt --1.35B1.35B1.15B1.00B545.78M523.23M677.70M558.40M385.77M393.06M306.12M258.91M-225.88M313.43M305.97M298.35M
Total Debt ---------------469.68M540.57M661.12M629.75M
Total Equity --1.41B1.26B1.42B1.39B1.50B1.65B1.28B1.28B1.57B1.62B1.70B1.74B-1.52B1.50B1.52B1.58B
Shares Outstanding ---------------151.94M152.29M150.24M147.19M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 437.72M417.68M331.45M567.15M452.50M74.36M359.49M110.81M38.71M51.64M196.74M169.67M98.80M-51.11M152.46M186.03M136.75M
Investing Cash Flow -557.97M-68.53M-181.56M-182.32M-415.77M456.89M-335.51M-295.72M-147.11M-221.13M-136.01M-142.38M-19.28M--138.29M-18.66M-22.84M-16.34M
Financing Cash Flow 256.22M-300.71M-29.28M-229.90M-145.23M-487.42M---77.48M-46.19M-45.82M-52.58M--44.84M25.11M-125.31M-45.06M
Capital Expenditure ---------------33.50M-19.59M-23.30M-16.34M
Free Cash Flow --------------17.60M132.87M162.72M120.41M
Net Change in Cash ---------------132.03M158.91M37.88M75.35M
Share Buybacks 3.92M13.99M11.68M7.60M7.20M11.26M8.38M1.12M341.00K------11.99M29.62M-

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------9.5%10.7%16.4%18.3%10.9%-5.8%15.5%16.2%12.3%
Operating Margin % ---------13.0%-0.2%7.0%9.0%1.8%--3.0%8.2%9.4%6.4%
Net Margin % ---------16.7%5.2%3.9%7.7%3.0%--10.1%-0.8%4.1%2.4%
ROE % -11.1%-10.1%9.1%-3.3%---29.5%-6.4%1.9%1.8%3.4%1.3%--5.8%-0.7%3.7%2.0%
ROCE % -6.0%1.6%2.0%-2.3%7.6%10.6%-14.0%-3.1%-0.1%2.4%2.9%0.6%--1.2%5.0%5.6%3.6%

Shareholding Pattern

Insiders
6.78%
Institutions
90.84%
Public Float
97.45%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 15.04% 22.16M $207.17M
2 Dimensional Fund Advisors LP 6.08% 8.96M $83.77M
3 State Street Corporation 4.56% 6.71M $62.73M
4 Invesco Ltd. 4.52% 6.66M $62.27M
5 Vanguard Portfolio Management LLC 4.23% 6.23M $58.30M
6 Vanguard Capital Management LLC 4.10% 6.04M $56.52M
7 American Century Companies Inc 3.53% 5.20M $48.60M
8 Principal Financial Group, Inc. 3.12% 4.60M $42.97M
9 Wellington Management Group, LLP 2.67% 3.93M $36.77M
10 Geode Capital Management, LLC 2.28% 3.36M $31.41M

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