Helix Energy Solutions Group (NYSE:HLX) Announces Quarterly Earnings Results

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Helix Energy Solutions Group (NYSE:HLX) posted its quarterly earnings data on Sunday. The oil and gas company reported $0.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.11, MarketWatch Earnings reports. Helix Energy Solutions Group had a net margin of 3.50% and a return on equity of 0.53%. During the same quarter in the previous year, the company posted $0.05 EPS.

Shares of NYSE:HLX opened at $5.33 on Tuesday. The stock has a market cap of $800.36 million, a PE ratio of 33.31 and a beta of 3.66. Helix Energy Solutions Group has a 52 week low of $0.99 and a 52 week high of $8.26. The company has a quick ratio of 1.89, a current ratio of 1.88 and a debt-to-equity ratio of 0.17. The company’s fifty day moving average is $4.61 and its 200 day moving average is $3.72.

Separately, Zacks Investment Research upgraded shares of Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a research report on Wednesday, February 17th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Helix Energy Solutions Group currently has a consensus rating of “Buy” and a consensus target price of $4.50.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities.

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Earnings History for Helix Energy Solutions Group (NYSE:HLX)

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