Helix Energy SolutionsHLX
Market Cap: $1.48B
About: Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services in deep water in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments Well Intervention, Robotics, Production Facilities and Shallow Water Abandonment. the Well Intervention segment includes vessels and equipment used to perform well intervention services in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the US.
Employees: 2,531
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
110% more call options, than puts
Call options by funds: $3.17M | Put options by funds: $1.51M
95% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 21
10% more capital invested
Capital invested by funds: $1.5B [Q1] → $1.64B (+$143M) [Q2]
9% more funds holding
Funds holding: 219 [Q1] → 239 (+20) [Q2]
0.75% less ownership
Funds ownership: 91.0% [Q1] → 90.24% (-0.75%) [Q2]
12% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 89
100% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 0 (-2) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
TD Cowen James Schumm 50% 1-year accuracy 3 / 6 met price target | 64%upside $16 | Buy Maintained | 26 Jun 2024 |
TD Cowen James Schumm 50% 1-year accuracy 3 / 6 met price target | 64%upside $16 | Buy Maintained | 25 Jun 2024 |
Financial journalist opinion
Based on 3 articles about HLX published over the past 30 days