Helix Energy Solutions Group, Inc. (HLX)Energy | Oil & Gas Equipment & Services | Houston, United States | NYSE
10.14 USD
+0.02
(0.198%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 10.10 -0.04 (-0.040%) ⇩ (Aug. 28, 2026, 7:54 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:45 a.m. EDT
The immediate outlook is driven by powerful momentum and sentiment rather than deep value. Helix Energy has surged nearly 20% over the last two months, outperforming its broader peers, and is now benefiting from a defensive index status that attracts capital seeking exposure to the energy sector without the volatility of major caps. The options market confirms this aggressive stance, with traders positioning heavily for further gains while ignoring downside protection. However, the long-term investment case remains fragile. Despite impressive recent revenue growth of 21%, the company is currently trading at a premium valuation with a forward P/E of roughly 19x, which is high for a cyclical equipment provider. More critically, the multi-year price trajectory tells a different story: the stock is down 20% over the last nine years, and the most recent annual return was a sharp 39% decline. This suggests the market has yet to fully recognize the quality of the turnaround, or that the previous lows were structurally justified. Until the price history aligns with the current earnings recovery, the risk of a mean reversion remains significant. Finally, there is no dividend to provide a floor or income stream. The company is retaining all cash to fund operations and growth, making it purely a speculative play on the continuation of the current rally. Investors should view this as a high-conviction momentum trade for the near term, but exercise caution regarding the long-term hold due to the lingering historical underperformance. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.039385 |
| AutoETS | 0.041279 |
| AutoARIMA | 0.041760 |
| MSTL | 0.042081 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 0.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.129 |
| Excess Kurtosis | -1.13 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Debt to Equity Ratio | 38.544 |
| Revenue per Share | 9.175 |
| Market Cap | 1,494,458,112 |
| Trailing P/E | 42.25 |
| Forward P/E | 18.69 |
| Beta | 1.17 |
| Profit Margins | 2.94% |
| Website | https://www.helixesg.com |
As of Aug. 22, 2026, 4:45 a.m. EDT: Speculators are overwhelmingly bullish, with open interest heavily skewed toward calls (100% out-of-the-money positioning for near-term expirations) compared to negligible put activity. Implied volatility is elevated for calls, suggesting a bet on continued upside momentum driven by sector rotation and index inclusion, while the lack of protective puts indicates a lack of fear regarding immediate downside.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.54977024 |
| Address1 | 3,505 West Sam Houston Parkway North |
| Address2 | Suite 400 |
| All Time High | 47.35 |
| All Time Low | 0.99 |
| Ask | 10.21 |
| Ask Size | 1,500 |
| Audit Risk | 4 |
| Average Analyst Rating | 2.0 - Buy |
| Average Daily Volume10 Day | 1,276,890 |
| Average Daily Volume3 Month | 1,463,643 |
| Average Volume | 1,463,643 |
| Average Volume10Days | 1,276,890 |
| Beta | 1.165 |
| Bid | 10.14 |
| Bid Size | 2,300 |
| Board Risk | 2 |
| Book Value | 10.745 |
| City | Houston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 10.14 |
| Current Ratio | 3.465 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 10.24 |
| Day Low | 9.99 |
| Debt To Equity | 38.544 |
| Display Name | Helix Energy |
| Earnings Call Timestamp End | 1,776,945,600 |
| Earnings Call Timestamp Start | 1,776,945,600 |
| Earnings Timestamp | 1,786,019,400 |
| Earnings Timestamp End | 1,792,585,800 |
| Earnings Timestamp Start | 1,792,585,800 |
| Ebitda | 231,688,992 |
| Ebitda Margins | 0.17172001 |
| Enterprise To Ebitda | 6.27 |
| Enterprise To Revenue | 1.077 |
| Enterprise Value | 1,452,621,952 |
| Eps Current Year | 0.28 |
| Eps Forward | 0.5425 |
| Eps Trailing Twelve Months | 0.24 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 281 618 0500 |
| Fifty Day Average | 9.4706 |
| Fifty Day Average Change | 0.6694002 |
| Fifty Day Average Change Percent | 0.07068192 |
| Fifty Two Week Change Percent | 54.977024 |
| Fifty Two Week High | 10.75 |
| Fifty Two Week High Change | -0.60999966 |
| Fifty Two Week High Change Percent | -0.056744155 |
| Fifty Two Week Low | 6.03 |
| Fifty Two Week Low Change | 4.11 |
| Fifty Two Week Low Change Percent | 0.68159205 |
| Fifty Two Week Range | 6.03 - 10.75 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 867,763,800,000 |
| Float Shares | 137,317,700 |
| Forward Eps | 0.5425 |
| Forward P E | 18.691244 |
| Free Cashflow | 296,176,736 |
| Full Exchange Name | NYSE |
| Full Time Employees | 2,212 |
| Fullday Change | 0.0200005 |
| Fullday Change Percent | 0.197633 |
| Fullday Price | 10.1 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.13374 |
| Gross Profits | 180,440,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0678 |
| Held Percent Institutions | 0.94583 |
| Implied Shares Outstanding | 147,382,447 |
| Industry | Oil & Gas Equipment & Services |
| Industry Disp | Oil & Gas Equipment & Services |
| Industry Key | oil-gas-equipment-services |
| Ir Website | http://www.helixesg.com/Investor-Relations/ |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,134,086,400 |
| Last Split Factor | 2:1 |
| Long Business Summary | 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. |
| Long Name | Helix Energy Solutions Group, Inc. |
| Market | us_market |
| Market Cap | 1,494,458,112 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_93027 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 34,501,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,491,510,363 |
| Number Of Analyst Opinions | 4 |
| Open | 10.04 |
| Operating Cashflow | 253,123,008 |
| Operating Margins | 0.11531 |
| Overall Risk | 3 |
| Payout Ratio | 0.0 |
| Peg Ratio | 17.67 |
| Phone | 281 618 0400 |
| Post Market Change | -0.03999996 |
| Post Market Change Percent | -0.39447692 |
| Post Market Price | 10.1 |
| Post Market Time | 1,787,961,280 |
| Previous Close | 10.12 |
| Price Eps Current Year | 36.214287 |
| Price Hint | 2 |
| Price To Book | 0.9436948 |
| Price To Sales Trailing12 Months | 1.107646 |
| Profit Margins | 0.0294 |
| Quick Ratio | 3.25 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.0 |
| Region | US |
| Regular Market Change | 0.0200005 |
| Regular Market Change Percent | 0.197633 |
| Regular Market Day High | 10.24 |
| Regular Market Day Low | 9.99 |
| Regular Market Day Range | 9.99 - 10.24 |
| Regular Market Open | 10.04 |
| Regular Market Previous Close | 10.12 |
| Regular Market Price | 10.14 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 1,200,525 |
| Return On Assets | 0.02316 |
| Return On Equity | 0.02191 |
| Revenue Growth | 0.208 |
| Revenue Per Share | 9.175 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 147,382,447 |
| Shares Percent Shares Out | 0.048899997 |
| Shares Short | 7,209,184 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 7,322,461 |
| Short Name | Helix Energy Solutions Group, I |
| Short Percent Of Float | 0.062 |
| Short Ratio | 5.05 |
| Source Interval | 15 |
| State | TX |
| Symbol | HLX |
| Target High Price | 14.0 |
| Target Low Price | 9.0 |
| Target Mean Price | 12.25 |
| Target Median Price | 13.0 |
| Total Cash | 652,233,984 |
| Total Cash Per Share | 4.425 |
| Total Debt | 610,398,016 |
| Total Revenue | 1,349,219,968 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.24 |
| Trailing P E | 42.250004 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 8.75535 |
| Two Hundred Day Average Change | 1.3846502 |
| Two Hundred Day Average Change Percent | 0.15814905 |
| Type Disp | Equity |
| Volume | 1,200,525 |
| Website | https://www.helixesg.com |
| Zip | 77,043 |