Helix Energy Solutions Group (HLX) Set to Announce Earnings on Wednesday

Helix Energy Solutions Group (NYSE:HLX) is scheduled to be releasing its earnings data after the market closes on Wednesday, April 24th. Analysts expect Helix Energy Solutions Group to post earnings of $0.02 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Monday, February 26th. The oil and gas company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.29). Helix Energy Solutions Group had a negative net margin of 0.84% and a positive return on equity of 3.40%. The company had revenue of $335.16 million during the quarter, compared to the consensus estimate of $326.59 million. During the same quarter in the previous year, the company earned $0.09 earnings per share. On average, analysts expect Helix Energy Solutions Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Helix Energy Solutions Group Stock Performance

Shares of HLX stock opened at $10.86 on Wednesday. The business’s 50 day simple moving average is $10.25 and its 200 day simple moving average is $9.98. Helix Energy Solutions Group has a one year low of $6.18 and a one year high of $12.14. The stock has a market capitalization of $1.66 billion, a PE ratio of -155.14 and a beta of 2.50. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.56 and a quick ratio of 1.56.

Institutional Trading of Helix Energy Solutions Group

Institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC lifted its stake in Helix Energy Solutions Group by 107.8% in the fourth quarter. Millennium Management LLC now owns 5,927,133 shares of the oil and gas company’s stock valued at $43,742,000 after buying an additional 3,075,062 shares during the period. Dimensional Fund Advisors LP lifted its stake in Helix Energy Solutions Group by 20.7% in the first quarter. Dimensional Fund Advisors LP now owns 9,621,561 shares of the oil and gas company’s stock valued at $74,471,000 after buying an additional 1,649,169 shares during the period. Goldman Sachs Group Inc. lifted its stake in Helix Energy Solutions Group by 202.6% in the first quarter. Goldman Sachs Group Inc. now owns 2,177,004 shares of the oil and gas company’s stock valued at $10,406,000 after buying an additional 1,457,577 shares during the period. Nuveen Asset Management LLC lifted its stake in Helix Energy Solutions Group by 348.1% in the fourth quarter. Nuveen Asset Management LLC now owns 1,859,967 shares of the oil and gas company’s stock valued at $19,120,000 after buying an additional 1,444,908 shares during the period. Finally, Voya Investment Management LLC lifted its stake in Helix Energy Solutions Group by 1,280.5% in the second quarter. Voya Investment Management LLC now owns 1,335,175 shares of the oil and gas company’s stock valued at $4,139,000 after buying an additional 1,238,461 shares during the period. 91.33% of the stock is currently owned by institutional investors.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.