helix energy solutions' roots begin in the 1960s with a group of pioneering oilfield divers whose work made possible many of the advancements in the offshore industry that are taken for granted today. now we specialize in overcoming new offshore challenges using a fleet of unrivaled vessels that operate on subsea fields in every major producing region in the world. we're a diversified company that in addition to operating our own offshore oilfields, has laid thousands of miles of pipeline in the gulf of mexico and offers other oil companies one of the widest selections of specialized work-class rovs available anywhere in the world. we're also the world's preeminent contractor for live well intervention which recently helped to establish us as the industry's best solution for containing future subsea oil spills. at helix our employees take pride in being part of a global company that has set industry records and continues to make the most of opportunities where others see none at all.
![Helix Energy Solutions logo](/files/LOGO/866829-HLX.png)
Company profile
Ticker
HLX
Exchange
Website
CEO
Owen Kratz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CAL DIVE INTERNATIONAL INC
SEC CIK
Corporate docs
Subsidiaries
AES-EOT Equipment Holdings, LLC • Alliance Energy • Alliance Group • Alliance Industry Holdings, LLC • Alliance LB Dallas Holdings, LLC • Alliance LB Miami Holdings, LLC • Alliance Liftboats, LLC • Alliance Maritime Holdings, LLC • Alliance Offshore, LLC • Alliance Special Ventures Holdings, LLC ...
IRS number
953409686
HLX stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
12 Jun 24
8-K
Departure of Directors or Certain Officers
15 May 24
10-Q
2024 Q1
Quarterly report
26 Apr 24
8-K
Results of Operations and Financial Condition
24 Apr 24
ARS
2023 FY
Annual report to shareholders
3 Apr 24
DEFA14A
Additional proxy soliciting materials
3 Apr 24
DEF 14A
Definitive proxy
3 Apr 24
8-K
Termination of a Material Definitive Agreement
22 Mar 24
8-K
Regulation FD Disclosure
18 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
Transcripts
HLX
Earnings call transcript
2024 Q1
25 Apr 24
HLX
Earnings call transcript
2023 Q4
27 Feb 24
HLX
Earnings call transcript
2023 Q3
24 Oct 23
HLX
Earnings call transcript
2023 Q2
27 Jul 23
HLX
Earnings call transcript
2023 Q1
25 Apr 23
HLX
Earnings call transcript
2022 Q4
21 Feb 23
HLX
Earnings call transcript
2022 Q3
25 Oct 22
HLX
Earnings call transcript
2022 Q2
26 Jul 22
HLX
Earnings call transcript
2022 Q1
26 Apr 22
HLX
Earnings call transcript
2021 Q4
22 Feb 22
Latest ownership filings
4
Diana Glassman
21 Jun 24
144
Notice of proposed sale of securities
20 Jun 24
4
OWEN E KRATZ
24 May 24
4
OWEN E KRATZ
22 May 24
144
Notice of proposed sale of securities
20 May 24
4
Scott Andrew Sparks
8 May 24
144
Notice of proposed sale of securities
7 May 24
4
Paula Harris
1 Apr 24
4
Kenneth English Neikirk
8 Mar 24
4
Erik Staffeldt
8 Mar 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 323.85 mm | 323.85 mm | 323.85 mm | 323.85 mm | 323.85 mm | 323.85 mm |
Cash burn (monthly) | 2.78 mm | (no burn) | 9.33 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 7.63 mm | n/a | 25.60 mm | n/a | n/a | n/a |
Cash remaining | 316.22 mm | n/a | 298.25 mm | n/a | n/a | n/a |
Runway (months of cash) | 113.7 | n/a | 32.0 | n/a | n/a | n/a |
Institutional ownership, Q4 2023
2.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 26 |
Opened positions | 1 |
Closed positions | 224 |
Increased positions | 6 |
Reduced positions | 7 |
13F shares | Current |
---|---|
Total value | 37.59 bn |
Total shares | 3.99 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Mirae Asset Global Investments | 1.72 mm | $17.69 bn |
Assenagon Asset Management | 1.33 mm | $13.67 bn |
New York State Teachers Retirement System | 242.37 k | $2.49 mm |
Nisa Investment Advisors | 200.11 k | $2.06 bn |
North Star Investment Management | 130.90 k | $1.35 bn |
State of Alaska, Department of Revenue | 87.16 k | $895.00 k |
Toth Financial Advisory | 77.73 k | $799.01 mm |
Arizona State Retirement System | 40.05 k | $411.75 mm |
Diversified Trust | 39.92 k | $410.40 mm |
Mutual Of America Capital Management | 24.80 k | $254.90 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Jun 24 | Diana Glassman | Common Stock | Sell | Dispose S | No | No | 10.495 | 2,864 | 30.06 k | 42,133 |
23 May 24 | Kratz Owen E | Common Stock | Sell | Dispose S | No | No | 11.5 | 1,050 | 12.08 k | 7,470,279 |
22 May 24 | Kratz Owen E | Common Stock | Sell | Dispose S | No | No | 11.5403 | 7,521 | 86.79 k | 7,471,329 |
21 May 24 | Kratz Owen E | Common Stock | Sell | Dispose S | No | No | 11.7747 | 164,796 | 1.94 mm | 7,478,850 |
20 May 24 | Kratz Owen E | Common Stock | Sell | Dispose S | No | No | 11.8301 | 141,879 | 1.68 mm | 7,643,646 |
7 May 24 | Scott Andrew Sparks | Common Stock | Sell | Dispose S | No | No | 11.4366 | 12,000 | 137.24 k | 282,634 |
1 Apr 24 | Paula Harris | Common Stock | Grant | Acquire A | No | No | 0 | 2,595 | 0.00 | 61,755 |