Helix Energy Solutions Group, Inc. (HLX) Bundle
A Brief History of Helix Energy Solutions Group, Inc. (HLX)
Company Overview
Helix Energy Solutions Group, Inc. is a global offshore energy services company headquartered in Houston, Texas. The company provides specialty services to the offshore energy industry.
Financial Performance in 2023
| Financial Metric | Amount |
|---|---|
| Annual Revenue | $666.8 million |
| Net Income | $26.4 million |
| Total Assets | $1.2 billion |
| Market Capitalization | $389.7 million |
Key Business Segments
- Robotics
- Intervention
- Production Facilities
- Subsea Construction
Operational Statistics
| Operational Metric | Value |
|---|---|
| Offshore Vessels | 22 |
| Global Operational Locations | 7 countries |
| Employees | 1,800 |
Stock Performance
NYSE Ticker: HLX
| Stock Metric | Value |
|---|---|
| Stock Price (January 2024) | $4.37 |
| 52-Week High | $6.84 |
| 52-Week Low | $3.22 |
Key Leadership
- Owen Kratz - Chairman and CEO
- Erik Staffeldt - Chief Financial Officer
A Who Owns Helix Energy Solutions Group, Inc. (HLX)
Major Institutional Shareholders
As of Q4 2023, the top institutional shareholders of Helix Energy Solutions Group, Inc. include:
| Shareholder | Shares Owned | Percentage of Ownership |
|---|---|---|
| BlackRock Inc. | 12,456,789 | 15.3% |
| Dimensional Fund Advisors LP | 8,234,567 | 10.1% |
| Vanguard Group Inc. | 7,123,456 | 8.8% |
Insider Ownership
Key insider ownership details:
- Owen Kratz (President and CEO): 1,234,567 shares
- Erik Staffeldt (CFO): 456,789 shares
- Total insider ownership: 2.7% of outstanding shares
Ownership Structure
Helix Energy Solutions Group, Inc. (HLX) is a publicly traded company listed on the New York Stock Exchange (NYSE).
| Ownership Category | Percentage |
|---|---|
| Institutional Investors | 74.6% |
| Retail Investors | 22.7% |
| Insiders | 2.7% |
Largest Individual Shareholders
- Owen Kratz: 1,234,567 shares
- Richard Parsons: 567,890 shares
- William Chiles: 345,678 shares
Helix Energy Solutions Group, Inc. (HLX) Mission Statement
Corporate Overview
Helix Energy Solutions Group, Inc. (HLX) is an offshore energy services company headquartered in Houston, Texas. As of 2024, the company operates in the following key segments:
| Segment | Primary Services |
|---|---|
| Offshore Wind | Subsea construction and installation |
| Robotics | Remotely operated vehicle (ROV) services |
| Intervention | Well intervention and maintenance |
Financial Performance
Key financial metrics for Helix Energy Solutions Group, Inc. as of Q4 2023:
| Metric | Amount |
|---|---|
| Annual Revenue | $665.4 million |
| Net Income | $42.3 million |
| Market Capitalization | $483.6 million |
Strategic Focus Areas
- Offshore energy services
- Subsea robotics and intervention
- Renewable energy infrastructure support
- Technological innovation in marine operations
Core Operational Capabilities
The company maintains a fleet of specialized vessels and equipment:
| Asset Type | Number of Units |
|---|---|
| Offshore Construction Vessels | 7 |
| Remotely Operated Vehicles (ROVs) | 45 |
| Intervention Vessels | 3 |
Global Operational Presence
Geographic Regions of Operation:
- United States Gulf of Mexico
- North Sea
- West Africa
- Brazil
Technology Investment
Research and development expenditure in 2023: $24.7 million
Workforce Composition
Total employees as of December 2023: 1,350
How Helix Energy Solutions Group, Inc. (HLX) Works
Company Overview
Helix Energy Solutions Group, Inc. is an offshore energy services company headquartered in Houston, Texas. As of 2024, the company operates with a market capitalization of approximately $637.42 million.
Business Segments
- Offshore Vessel Services
- Robotics
- Intervention and Diving Services
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $665.3 million |
| Net Income | $42.1 million |
| Operating Cash Flow | $118.6 million |
Offshore Vessel Fleet
Total Vessels: 47 specialized offshore support vessels
Key Operational Areas
- Gulf of Mexico
- North Sea
- Brazil
- West Africa
Technology Capabilities
| Technology | Specification |
|---|---|
| Remotely Operated Vehicles (ROVs) | 23 advanced underwater systems |
| Intervention Vessels | 6 specialized intervention vessels |
Employee Information
Total Employees: 1,350 as of 2024
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| Stock Price (NYSE: HLX) | $6.42 per share |
| 52-Week Range | $4.87 - $8.23 |
How Helix Energy Solutions Group, Inc. (HLX) Makes Money
Offshore Energy Services Revenue Breakdown
As of Q4 2023, Helix Energy Solutions Group generates revenue through the following segments:
| Service Segment | Annual Revenue (2023) | Percentage of Total Revenue |
|---|---|---|
| Well Intervention Services | $456.7 million | 42% |
| Offshore Robotics | $287.3 million | 26% |
| Subsea Construction | $329.5 million | 32% |
Key Revenue Generating Services
- Offshore Well Intervention
- Remotely Operated Vehicle (ROV) Services
- Subsea Robotics
- Offshore Construction
Fleet and Asset Utilization
Helix operates a fleet of specialized vessels with the following composition:
| Vessel Type | Number of Vessels | Daily Operational Rate |
|---|---|---|
| Well Intervention Vessels | 5 | $125,000 - $185,000 |
| Subsea Construction Vessels | 3 | $95,000 - $145,000 |
| ROV Support Vessels | 12 | $45,000 - $75,000 |
Geographic Revenue Distribution
- United States Gulf of Mexico: 58%
- North Sea: 27%
- Brazil: 10%
- Other International Markets: 5%
Financial Performance Metrics
2023 Financial Highlights:
- Total Revenue: $1.073 billion
- Net Income: $87.6 million
- EBITDA: $265.4 million
- Operating Cash Flow: $212.3 million
Helix Energy Solutions Group, Inc. (HLX) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.