Helix Energy Solutions Group (HLX) Projected to Post Earnings on Wednesday

Helix Energy Solutions Group (NYSE:HLX) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to post earnings of $0.07 per share and revenue of $313.0530 million for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

Helix Energy Solutions Group (NYSE:HLX) last posted its earnings results on Wednesday, April 22nd. The oil and gas company reported ($0.09) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.09). Helix Energy Solutions Group had a return on equity of 1.82% and a net margin of 1.10%.The business had revenue of $287.95 million during the quarter, compared to analyst estimates of $260.89 million. The company’s revenue was up 3.6% compared to the same quarter last year. 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 Trading Up 0.5%

Shares of HLX opened at $9.56 on Wednesday. The business’s 50-day moving average price is $9.41 and its 200-day moving average price is $8.91. Helix Energy Solutions Group has a twelve month low of $5.52 and a twelve month high of $10.75. The stock has a market cap of $1.41 billion, a PE ratio of 95.63 and a beta of 1.12. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.19.

Hedge Funds Weigh In On Helix Energy Solutions Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its position in shares of Helix Energy Solutions Group by 530.1% during the 1st quarter. AQR Capital Management LLC now owns 235,208 shares of the oil and gas company’s stock valued at $1,955,000 after acquiring an additional 197,882 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Helix Energy Solutions Group in the first quarter worth approximately $184,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Helix Energy Solutions Group by 9.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 373,201 shares of the oil and gas company’s stock worth $3,101,000 after purchasing an additional 32,643 shares during the last quarter. Jane Street Group LLC raised its stake in Helix Energy Solutions Group by 1,836.3% in the first quarter. Jane Street Group LLC now owns 378,195 shares of the oil and gas company’s stock valued at $3,143,000 after purchasing an additional 358,663 shares in the last quarter. Finally, Strs Ohio purchased a new stake in Helix Energy Solutions Group in the first quarter valued at approximately $89,000. 91.33% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Weiss Ratings lowered shares of Helix Energy Solutions Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 27th. TD Cowen upped their target price on shares of Helix Energy Solutions Group from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Helix Energy Solutions Group has an average rating of “Hold” and an average target price of $11.50.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc (NYSE: HLX) is a Houston-based provider of offshore well intervention and robotics services to the global energy industry. The company specializes in extending the productive life of subsea wells through hydraulic workover systems, coiled tubing operations and riser-based wireline services. In addition, Helix offers remotely operated vehicle (ROV) support, inspection, maintenance and repair for subsea infrastructure.

Operating through three core business segments—Well Intervention, Robotics & Subsea Services and Production Facilities—Helix deploys purpose-built vessels, specialized equipment and engineering expertise to execute complex offshore projects.