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HLX

Helix Energy Solutions Group, Inc.

HLX

NYSE·Energy·Oil & Gas Equipment & Services·Mkt cap $1.3B

$8.54

+0.35%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$5.52 - $10.75

P/E

83.32

Fwd P/E

26.35

Beta

1.11

Div Yield

0.00%

Avg Vol

1.8M

Shares Out

147.3M

Mkt Cap

$1.3B

Price action

Price chart

Up 29.5% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Specialized subsea expertise and proprietary robotics technology for deep-water and complex interventions
  • Diversified global asset base across five major offshore regions reducing geographic concentration risk
  • Integrated service offerings enabling one-stop solutions for offshore operators and reducing client switching costs
  • Established relationships with major independent producers and engineering firms providing recurring revenue visibility

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to Oilfield Services peers

Growth

Stable outlook

Aging offshore infrastructure requiring increased maintenance, inspection, and intervention services

Value

Premium valuation to Oilfield Services peers

Momentum

Weak

-11.4% over 3m

Quality

Thin

Solid business

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 21, 2026

Q2 26 RECAP

APR 22, 2026

Reported EPS of -$0.09 vs -$0.09 consensus (0.0% surprise). Revenue of $287.9M vs $264.4M expected (+8.9%). Beat on both top and bottom lines.

EPS beat 0.0%
Rev beat +8.9%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

0.0%

Next: Apr 21, 2026

Revenue trend · last 8Q

+6%

-6%

-17%

+10%

-6%

+4%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$364.8M

$342.4M

$355.1M

$278.1M

$302.3M

$377.0M

$334.2M

$287.9M

Margins · last 8Q

Gross

3.1%

Operating

-4.6%

Profit

-4.7%

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

Latest: TD Cowen · Apr 24, 2026

vs Industry

How HLX stacks vs Oil & Gas Equipment & Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.