The latest announcement is out from Helix Energy ( (HLX) ).
On April 23, 2025, Helix Energy Solutions Group reported its financial results for the first quarter of 2025, showing a net income of $3.1 million, a decrease from the previous quarter’s $20.1 million. The company faced challenges from a seasonal slowdown in the North Sea and Gulf of America, as well as market disruptions from OPEC+ production increases and U.S. tariffs. Despite these challenges, Helix maintained a strong balance sheet and expects to generate meaningful free cash flow in 2025.
Spark’s Take on HLX Stock
According to Spark, TipRanks’ AI Analyst, HLX is a Outperform.
Helix Energy’s stock score reflects its strong financial recovery and positive guidance for 2025. Key strengths include improved profitability and strong contract coverage. However, technical indicators suggest bearish trends, and macroeconomic risks pose potential challenges. The valuation is moderate, with no immediate appeal from dividends.
To see Spark’s full report on HLX stock, click here.
More about Helix Energy
Helix Energy Solutions Group, Inc. operates in the energy sector, focusing on providing specialized services to the offshore energy industry, including well intervention, robotics, and production facilities. The company is headquartered in Houston, Texas, and is listed on the New York Stock Exchange under the ticker HLX.
YTD Price Performance: -31.71%
Average Trading Volume: 1,863,184
Technical Sentiment Signal: Buy
Current Market Cap: $988M
Find detailed analytics on HLX stock on TipRanks’ Stock Analysis page.