Highest-materiality recent filing
Helix Energy Solutions reports annual meeting voting results; all proposals approved
Director nominees Paula Harris, Amy H. Nelson, and William L. Transier elected as Class III directors (three-year term).
Helix sells Shallow Water Abandonment business to Chouest Group for $107.5M cash
Sold Gulf of America shallow water abandonment business to C-Dive (Chouest) for $107.5M cash at closing, adjusted for working capital.
Helix shareholders will own ~45%, Hornbeck shareholders ~55% of the combined company post-merger.
Helix Q1 2026 net loss of $13.4M vs year-ago profit; revenue up but costs weigh
Diluted EPS of ($0.09) vs $0.02 in Q1 2025; net loss of $13.4M vs net income of $3.1M a year ago.
Helix-Hornbeck all-stock merger: Hornbeck owners get 55%, Helix 45% - $75M annual synergies
Fixed exchange ratio: 10.27167 Helix shares per Hornbeck share; pro forma ownership 55% Hornbeck, 45% Helix.
Helix Q4 net income $8.3M, down 63% QoQ; $18.1M impairment; cash $445M
Q4 net income $8.3M ($0.06 diluted) vs Q3 $22.1M ($0.15) and Q4 2024 $20.1M ($0.13). Full year 2025 net income $30.8M ($0.21) vs 2024 $55.6M ($0.36).
Helix Energy Solutions extends subsea alliance with Schlumberger by 9 months
Amendment No. 2 extends the Strategic Alliance Agreement term from Jan 5, 2026 to Oct 5, 2026.
Helix Energy CEO Owen Kratz to retire; will continue until successor named
Owen Kratz informed Board on Dec 17, 2025 of his intention to retire as President & CEO.
Helix Q3 net income $22.1M ($0.15 EPS), Adj. EBITDA $103.7M; raises FY2025 guidance
Net income $22.1M ($0.15 diluted EPS) vs Q2 loss $2.6M; Adj. EBITDA $103.7M, highest quarterly since 2014.
Helix posts Q2 net loss of $2.6M; revenue down 17% YoY to $302M
Diluted EPS loss of ($0.02) vs $0.21 profit in Q2 2024; adjusted EBITDA $42.4M (down 56% YoY).
Helix Energy completes $30M share repurchase in Q2 2025 under 10b5-1 plan
Completed approximately $30 million in share repurchases during Q2 2025 under February 2023 Board authorization.
Helix reports Q1 net income $3.1M, down 85% from Q4; revenue $278M, down 22% sequentially
Net income $3.1M ($0.02 diluted) vs $20.1M ($0.13) in Q4 2024 and net loss $26.3M in Q1 2024.
Helix Q4 net income $20.1M ($0.13); FY free cash flow highest in two decades at $163.2M
Q4 2024 net income $20.1M ($0.13 diluted EPS) vs $29.5M ($0.19) in Q3 2024 and net loss of $28.3M in Q4 2023.
Helix extends subsea alliance with Schlumberger group by one year to Jan 5, 2026
Amendment extends Strategic Alliance Agreement term from Jan 5, 2025 to Jan 5, 2026.
Helix Q3 net income $29.5M ($0.19/diluted); backlog up >$800M on three contracts
Revenue $342.4M, down 13% YoY; net income $29.5M vs $15.6M in Q3 2023.
Helix Energy Solutions Group files 8-K to disclose updated investor presentation
Helix Energy Solutions (NYSE: HLX) filed an 8-K on September 3, 2024 to disclose an updated company presentation.
Director Amerino Gatti resigns from Helix board effective Aug 30, 2024
Amerino Gatti resigned as director on Aug 30 to start a full-time officer role at a major global energy company.
Helix extends ABL Facility maturity to August 2029, ups LC basket to $55M
Maturity of ABL Facility extended from Sep 30, 2026 to Aug 2, 2029.
Helix swings to Q2 net income $32.3M; revenue $364.8M up 18% YoY
Net income $32.3M ($0.21/diluted) vs Q1 loss $26.3M and Q2 2023 income $7.1M.
Helix shareholders approve all four proposals at 2024 annual meeting
Elected directors Amerino Gatti, Diana Glassman, Owen Kratz as Class II with votes for 119.9M to 125.1M.
Helix Q1 2024 net loss $26.3M ($0.17/diluted); revenue $296.2M, up 18% YoY
Revenue $296.2M (+18% YoY); adjusted EBITDA $47.0M vs $35.1M a year ago.
On August 27, 2024, Amerino Gatti notified the Board of Directors (the “Board”) of Helix Energy Solutions Group, Inc. (“Helix” or the “Company”) of his intention to resign as a director of the Company effective as of August 30, 2024.
Max materiality 0.85 · Median 0.72 · Most common event earnings