Helix Energy Solutions (HLX)
Provides vessel-based well intervention, subsea robotics, and production-facility services offshore.
Something off on this page? Send us feedback.
Provides offshore services for oil, gas, and renewable-energy customers, centered on well intervention, subsea robotics, and Gulf of America production facilities. Current business mix excludes the divested shallow-water abandonment operation and depends on specialized vessels, skilled crews, and offshore project spending.
Provides specialized offshore energy services for oil, gas, renewable-energy, and related infrastructure customers. Current operations center on vessel-based well intervention, subsea robotics, and production-facility services after the shallow-water abandonment sale.
Well Intervention gives operators subsea access for production enhancement and decommissioning through dedicated vessels and intervention systems. Robotics handles trenching, seabed clearance, offshore construction, inspection, repair, and maintenance with ROVs, trenchers, boulder grabs, and support vessels.
Work is international, with activity across the Gulf of America, Brazil, the North Sea, West Africa, and Asia Pacific, while Production Facilities is concentrated in the Gulf of America. Performance depends on utilization and day rates for specialized assets, safe operations, skilled personnel, and customer offshore spending.
Company facts
Target rangeAs of Sep 17, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Apr 25, 2025 | Raymond James | Downgrade | ||
| Oct 24, 2024 | BTIG | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $652.2M · Total debt $610.4M · Total assets $2.57B · Shareholders' equity $1.58B
- Revenue
- $304.0M
- Operating income
- $26.7M
- Net income
- $22.7M
No dividends on record.
| Institutions | 93.88% | 138.36M shares | |
|---|---|---|---|
| 288 holders · as of Jun 30, 2026 | |||
| Insiders | 6.79% | 10.01M shares | |
| 11 holders · as of Jan 5, 2026 | |||
| Adds to | 100.67% | ||
147.38M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 100.67%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.42% | 22.73M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 6.17% | 9.09M | as of Jun 30, 2026 |
Owen E. KratzInsiderdirector, officer: PRESIDENT & CEO | 5.27% | 7.77M | filed Mar 3, 2025 |
State Street CorpInstitution | 4.87% | 7.18M | as of Jun 30, 2026 |
Invesco Ltd.Institution | 4.77% | 7.04M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Nov 3, 2025 | Scott Andrew Sparks | officer: EVP & COO | −40,000 | $6.88 |
- Oceaneering International
Direct ROV, IMR, and offshore project-services overlap
- TechnipFMC
Subsea services and vessel-based intervention at global scale
- Baker Hughes
Well intervention, subsea services, and P&A across OFSE
- Expro Group
Subsea well access and intervention across the well lifecycle
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Helix Energy Solutions | $10.60 | +2.91% | $1.56B | 39.3 | 22.6 | 1.2 | +0.6% |
| Oceaneering International | $45.69 | −0.53% | $4.57B | 13.2 | 21.1 | 1.6 | +10.0% |
| TechnipFMC | $69.89 | −1.99% | $27.97B | 24.8 | 20.4 | 2.7 | +9.0% |
| Baker Hughes | $56.97 | −1.50% | $57.41B | 18.6 | 21.2 | 2.1 | −2.4% |
| Expro Group | $16.35 | −0.37% | $1.84B | 90.7 | 17.3 | 1.2 | −7.0% |
| Median | 21.7 | 20.8 | 1.8 | +3.3% |