Helix Energy's robotics unit, Helix Robotics Solutions, plans to deploy the Grand Canyon III trenching support vessel for the burial of inter-array cables at the Hornsea 3 Offshore Wind Farm.
Helix Energy Solutions Group reported mixed Q3 results, with revenues being impacted by adverse weather conditions in the U.S. Gulf of Mexico and elevated mobilization activity. However, profitability and cash generation remained strong, and the company tweaked full-year guidance just slightly. With several key assets transitioning to higher-margin contracts next year, near-term prospects remain strong.
Helix Energy (HLX) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.19 per share a year ago.
Helix Energy (HLX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
PBR and Helix Energy Solutions sign new three-year contracts for the Siem Helix 1 & 2 vessels to provide well-intervention services in Brazil.
Helix Energy (HLX) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.11 per share a year ago.
OPEC+ is keeping production cuts in place into 2025. The economy seems strong, but oil prices continue to drop this week.