Helix Energy Solutions (HLX)

• Market cap: $1.37B
• 1 day: 0.11%
• 5 days: -2.17%
• 1 month: -17.08%
• 3 months: -12.58%
• 6 months: -14.57%
• Year to date: -9.79%
• 1 year: -14.16%
• 5 years: -4.24%
• 10 years: -57.37%
• Sector: Energy
• Industry: Oil & Gas Field Services

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 Q3 regulatory filings by fund managers ($100M+ AUM)

67% more call options, than puts

Call options by funds: $3.04M | Put options by funds: $1.82M

6% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 86

2% less funds holding

Funds holding: 240 [Q2] → 235 (-5) [Q3]

3.46% less ownership

Funds ownership: 92.05% [Q2] → 88.59% (-3.46%) [Q3]

11% less capital invested

Capital invested by funds: $1.68B [Q2] → $1.49B (-$185M) [Q3]

13% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 39

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $15 66% upside
• Avg. target: $15 66% upside
• High target: $15 66% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

TD Cowen James Schumm 17% 1-year accuracy 1 / 6 met price target

66% upside $15

Buy Maintained

25 Oct 2024