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Helix Energy Solutions Group, Inc. (HLX)

Energy | Oil & Gas Equipment & Services | Houston, United States | NYSE
9.52 USD +0.30 (3.254%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:17 a.m. EDT

The investment case here is a tale of two realities: a fundamentally distressed business trading at a bargain valuation, versus a speculative frenzy driven by index inflows and aggressive options positioning. Fundamentally, the company is struggling; operating margins are deeply negative, return on equity is barely above zero, and the stock has suffered a significant multi-year decline (-10% over nine years) capped by a sharp drop last year. The lack of any dividend history confirms this is a pure growth/speculative play with no income floor. However, the market narrative has shifted dramatically. The addition to the Russell 2000 Defensive Index appears to be the catalyst, triggering fresh capital flows that analysts are already pricing in with a 'Buy' rating and a target price nearly 30% higher than current levels. This optimism is reflected vividly in the options chain, where traders are betting big on a surge to $12-$13 within the year, ignoring the weak underlying earnings mechanics. For the short term, this momentum and the defensive index status provide a compelling reason to lean bullish, as the stock is likely to ride the wave of passive inflows. Long-term, however, the structural damage to profitability and the volatile price history suggest caution; the current price is cheap because the business quality has eroded, and the path to restoring the margins needed to sustain a 5-star long-term rating remains unclear.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_55_126 ✓0.035346
MSTL_1260.041064
MSTL_550.045150
AutoARIMA0.051202
AutoETS0.051202
AutoTheta0.051544
MSTL0.051655

Forecast horizon: 60 days | Selected: MSTL_55_126

Forecast Reliability
Score 42%
H-stat 1.03
Ljung-Box p 0.000
Jarque-Bera p 0.477
Excess Kurtosis -0.77
Attribute Value
Sector Energy
Debt to Equity Ratio 40.194
Revenue per Share 8.83
Market Cap 1,403,080,960
Trailing P/E 95.20
Forward P/E 17.55
Beta 1.12
Profit Margins 1.10%
Website https://www.helixesg.com

As of July 11, 2026, 5:17 a.m. EDT: Speculators are overwhelmingly bullish, positioning heavy call volume and open interest at strikes significantly above the current price (12.0 and 13.0 for December expiry), while put activity is negligible. This indicates a strong expectation of a continued rally, despite elevated implied volatility on near-term calls suggesting some uncertainty around the immediate upside.


Info Dump

Attribute Value
52 Week Change 0.45655608
Address1 3,505 West Sam Houston Parkway North
Address2 Suite 400
All Time High 47.35
All Time Low 0.99
Ask 0.0
Ask Size 900
Audit Risk 4
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 1,675,530
Average Daily Volume3 Month 1,805,616
Average Volume 1,805,616
Average Volume10Days 1,675,530
Beta 1.118
Bid 0.0
Bid Size 1,700
Board Risk 2
Book Value 10.57
City Houston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.52
Current Ratio 2.915
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 9.54
Day Low 9.32
Debt To Equity 40.194
Display Name Helix Energy
Earnings Call Timestamp End 1,776,945,600
Earnings Call Timestamp Start 1,776,945,600
Earnings Timestamp 1,776,888,000
Earnings Timestamp End 1,784,750,400
Earnings Timestamp Start 1,784,750,400
Ebitda 196,624,000
Ebitda Margins 0.15109
Enterprise To Ebitda 7.765
Enterprise To Revenue 1.173
Enterprise Value 1,526,748,800
Eps Current Year 0.28667
Eps Forward 0.5425
Eps Trailing Twelve Months 0.1
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 9.5116
Fifty Day Average Change 0.008400917
Fifty Day Average Change Percent 0.0008832286
Fifty Two Week Change Percent 45.65561
Fifty Two Week High 10.75
Fifty Two Week High Change -1.2299995
Fifty Two Week High Change Percent -0.11441856
Fifty Two Week Low 5.52
Fifty Two Week Low Change 4.0000005
Fifty Two Week Low Change Percent 0.72463775
Fifty Two Week Range 5.52 - 10.75
Financial Currency USD
First Trade Date Milliseconds 867,763,800,000
Float Shares 137,229,877
Forward Eps 0.5425
Forward P E 17.548388
Free Cashflow 208,449,248
Full Exchange Name NYSE
Full Time Employees 2,212
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.10791001
Gross Profits 140,428,000
Has Pre Post Market Data 1
Held Percent Insiders 0.06784
Held Percent Institutions 0.91134
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 0
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 1,403,080,960
Market State PRE
Max Age 86,400
Message Board Id finmb_93027
Most Recent Quarter 1,774,915,200
Net Income To Common 14,329,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,403,080,895
Number Of Analyst Opinions 4
Open 9.31
Operating Cashflow 182,092,992
Operating Margins -0.046240002
Overall Risk 3
Payout Ratio 0.0
Peg Ratio 17.67
Phone 281 618 0400
Pre Market Change -0.020000458
Pre Market Change Percent -0.21008883
Pre Market Price 9.5
Pre Market Time 1,784,021,972
Previous Close 9.22
Price Eps Current Year 33.20892
Price Hint 2
Price To Book 0.9006623
Price To Sales Trailing12 Months 1.0781684
Profit Margins 0.011030001
Quick Ratio 2.702
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change 0.3
Regular Market Change Percent 3.2538
Regular Market Day High 9.54
Regular Market Day Low 9.32
Regular Market Day Range 9.32 - 9.54
Regular Market Open 9.31
Regular Market Previous Close 9.22
Regular Market Price 9.52
Regular Market Time 1,783,972,802
Regular Market Volume 1,487,650
Return On Assets 0.014830001
Return On Equity 0.00925
Revenue Growth 0.036
Revenue Per Share 8.83
Sand P52 Week Change 0.20847368
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 5
Shares Outstanding 147,382,447
Shares Percent Shares Out 0.049200002
Shares Short 7,245,659
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 7,583,425
Short Name Helix Energy Solutions Group, I
Short Percent Of Float 0.0623
Short Ratio 4.41
Source Interval 15
State TX
Symbol HLX
Target High Price 14.0
Target Low Price 9.0
Target Mean Price 12.5
Target Median Price 13.5
Total Cash 501,272,000
Total Cash Per Share 3.403
Total Debt 625,761,984
Total Revenue 1,301,356,032
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.1
Trailing P E 95.200005
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.21285
Two Hundred Day Average Change 1.3071508
Two Hundred Day Average Change Percent 0.15915923
Type Disp Equity
Volume 1,487,650
Website https://www.helixesg.com
Zip 77,043