Helix Energy Solutions Group, Inc. Common Stock (HLX)

Helix Energy Solutions Group, Inc. (NYSEHLX) will issue a press release reporting its fourth quarter and full year 2024 results on Monday, February 24, 2025, after the close of business. The press release and associated slide presentation will be available on Helix's website, www.helixesg.com.

Helix Energy Solutions Group, Inc. (NYSEHLX) announced today that it will participate in the following upcoming events:

Helix Energy Solutions Group, Inc. ("Helix") (NYSEHLX) reported net income of $29.5 million, or $0.19 per diluted share, for the third quarter 2024 compared to net income of $32.3 million, or $0.21 per diluted share, for the second quarter 2024 and net income of $15.6 million, or $0.10 per diluted share, for the third quarter 2023. Helix reported adjusted EBITDA1 of $87.6 million for the third quarter 2024 compared to $96.9 million for the second quarter 2024 and $96.4 million for the third quarter 2023.

Helix Energy Solutions Group, Inc. (NYSEHLX) will issue a press release reporting its third quarter 2024 results on Wednesday, October 23, 2024, after the close of business. The press release and associated presentation will be available on Helix's website, www.helixesg.com.

Helix Energy Solutions Group, Inc. (NYSEHLX) is pleased to announce it has entered into a new multi-year contract with Shell Offshore Inc commencing in 2025 to continue providing well intervention services in the U.S. Gulf of Mexico. Under the contract, Helix will provide an increased minimum number of days annually with the Q5000 riser-based well intervention vessel, Intervention Riser Systems (IRSs), remotely operated vehicles (ROVs), and project management and engineering services to cover fully integrated operations from production enhancement to plug and abandonment well services. The operations also include equipment that is part of the Subsea Services Alliance, which combines the collective strengths and capabilities of Helix and SLB.

HOUSTON and LONDON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQBKR) (“Baker Hughes” or the “Company”) announced Tuesday several changes to its leadership team, effective by Oct. 1. These changes are designed to continue delivering Baker Hughes’ successful strategy and executing for long-term growth, meeting customer needs in the rapidly evolving energy and industrial segments.

Helix Energy Solutions Group, Inc. (NYSEHLX) is pleased to announce new three-year vessel charter and service contracts with Petróleo Brasileiro S.A. (“Petrobras”) for the riser-based well intervention vessels Siem Helix 1 and Siem Helix 2 working offshore Brazil. The new three-year contracts are valued in aggregate at an estimated $786 million, in accordance with Petrobras’ estimated value. Each contract includes an additional three years of options. The contracts were entered into following a competitive tender process.

Helix Energy Solutions Group, Inc. (NYSEHLX) announced today that it will participate in the following upcoming events:

Helix Energy Solutions Group, Inc. ("Helix") (NYSEHLX) announced today that it has amended its existing asset-based revolving credit facility (the “ABL Facility”) as of August 2, 2024. The amendment extends the term of the ABL Facility from September 30, 2026 to August 2, 2029 subject to earlier senior debt maturities, and increases the letter of credit basket size from $20 million to $55 million.

Helix Energy Solutions Group, Inc. ("Helix") (NYSEHLX) reported net income of $32.3 million, or $0.21 per diluted share, for the second quarter 2024 compared to a net loss of $26.3 million, or $(0.17) per diluted share, for the first quarter 2024 and net income of $7.1 million, or $0.05 per diluted share, for the second quarter 2023. Net loss in the first quarter 2024 included a pre-tax loss of approximately $20.9 million, or $(0.14) per diluted share, related to the retirement of our Convertible Senior Notes due 2026. Helix reported adjusted EBITDA1 of $96.9 million for the second quarter 2024 compared to $47.0 million for the first quarter 2024 and $71.3 million for the second quarter 2023.

Helix Energy Solutions Group, Inc. (NYSEHLX) will issue a press release reporting its second quarter 2024 results on Wednesday, July 24, 2024, after the close of business. The press release and associated presentation will be available on Helix's website, www.helixesg.com.

Helix Energy Solutions Group, Inc. ("Helix") (NYSEHLX) reported a net loss of $26.3 million, or $(0.17) per diluted share, for the first quarter 2024 compared to a net loss of $28.3 million, or $(0.19) per diluted share, for the fourth quarter 2023 and a net loss of $5.2 million, or $(0.03) per diluted share, for the first quarter 2023. Net loss in the first quarter 2024 and the fourth quarter 2023 included pre-tax losses of approximately $20.9 million, or $(0.14) per diluted share, and approximately $37.3 million, or $(0.25) per diluted share, respectively, related to the retirement of our Convertible Senior Notes due 2026 (“2026 Notes”).

Helix Energy Solutions Group, Inc. (NYSEHLX) will issue a press release reporting its first quarter 2024 results on Wednesday, April 24, 2024, after the close of business. The press release and associated slide presentation will be available on Helix's website, www.helixesg.com.

Helix Energy Solutions Group, Inc. (NYSEHLX) announced today that it will participate in the following upcoming events:

Helix Energy Solutions Group, Inc. (“Helix”) (NYSEHLX) is pleased to announce a five-year joint framework agreement with Talos Energy Inc. (“Talos”) NYSE: TALONYSETALO)

Helix Energy Solutions Group, Inc. ("Helix") (NYSEHLX) reported a net loss of $28.3 million, or $(0.19) per diluted share, for the fourth quarter 2023 compared to net income of $15.6 million, or $0.10 per diluted share, for the third quarter 2023 and net income of $2.7 million, or $0.02 per diluted share, for the fourth quarter 2022. Net loss in the fourth quarter 2023 includes a net pre-tax loss of approximately $37.3 million, or $(0.25) per diluted share, related to the repurchase of $159.8 million principal amount of our Convertible Senior Notes due 2026 (“2026 Notes”). Helix reported adjusted EBITDA1 of $70.6 million for the fourth quarter 2023 compared to $96.4 million for the third quarter 2023 and $49.2 million for the fourth quarter 2022.

Helix Energy Solutions Group, Inc. (NYSEHLX) is pleased to announce a deepwater well intervention contract award by Esso Exploration and Production Nigeria (Deepwater) Ltd. (“Esso”). The project, located offshore Nigeria in the Erha and Usan fields, is expected to commence in September 2024 with the vessel expected to be in Nigeria into 2025. The fields are located approximately 97km offshore of Nigeria in water depths ranging from 700m to 1,500m.

Helix Energy Solutions Group, Inc. (NYSEHLX) is pleased to announce the extension of its decommissioning contract with Trident Energy do Brasil Ltda. The contract extension is for an additional 12 months and in direct continuation of the current contract. The extension is expected to begin in the fourth quarter of 2024 at rates in line with the improved well intervention market. The original contract commenced late 2022 offshore Brazil in the Campos Basin and utilizes the Siem Helix 1 riser-based well intervention vessel and a 10K Intervention Riser System. Helix is providing fully integrated plug and abandonment well services through its Subsea Services Alliance partner SLB as well as project management and engineering services.

Helix Energy Solutions Group, Inc. (NYSEHLX) will issue a press release reporting its fourth quarter and full year 2023 results on Monday, February 26, 2024, after the close of business. The press release and associated slide presentation will be available on Helix's website, www.helixesg.com.

Helix Energy Solutions Group, Inc. (NYSEHLX) announced today that it has delivered a notice to the trustee for its 6.75% Convertible Senior Notes due 2026 (the “Notes”) under which it has called all of the outstanding Notes for redemption on March 20, 2024 (the “Redemption Date”). The redemption price for the Notes is equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date, plus the applicable make-whole premium. As of January 16, 2024, the aggregate principal amount of the Notes outstanding is $39,983,000.

Helix Energy Solutions Group, Inc. (NYSEHLX) announced today that its 6.75% Convertible Senior Notes due 2026 (the “Notes”) will remain convertible at the option of the holders from January 1, 2024 through March 31, 2024, as provided in the indenture governing the Notes (as supplemented, the “Indenture”).

Pickering Energy Partners (“PEP”) acted as a Co-Manager on the $300,000,000 offering of 9.750% senior notes due 2029 for Helix Energy Solutions Group, Inc. (NYSEHLX) which closed on December 1, 2023.

Helix Energy Solutions Group, Inc. (NYSEHLX) announced today it has priced $300 million in principal amount of 9.750% Senior Notes due 2029 (the “Notes”). Helix intends to use the net proceeds from the offering, together with cash on hand and shares of its common stock, as necessary, to pay the cost of extinguishing its obligations with respect to its outstanding 6.75% Convertible Senior Notes due 2026 (the “2026 Convertible Notes”), which may include privately negotiated transactions and payments in settlement of redemptions or conversion of such 2026 Convertible Notes. Helix intends to use the remainder of the net proceeds from the offering, if any, for general corporate purposes, which may include repayment of other indebtedness. Helix reserves the right to settle and extinguish the 2026 Convertible Notes in cash, shares of its common stock, or any combination thereof. Helix expects to close the offering of the Notes on or about December 1, 2023, subject to the satisfaction of customary closing conditions.

Helix Energy Solutions Group, Inc. (NYSEHLX) announced today its intention, subject to market and other conditions, to offer $300 million principal amount of Senior Notes due 2029 (the “Notes”). Helix intends to use the net proceeds from the offering, together with cash on hand and shares of its common stock, as necessary, to pay the cost of extinguishing its obligations with respect to its outstanding 6.75% Convertible Senior Notes due 2026 (the “2026 Convertible Notes”), which may include privately negotiated transactions, and payments in settlement of redemptions or conversions of such 2026 Convertible Notes. Helix intends to use the remainder of the net proceeds from the offering, if any, for general corporate purposes, which may include repayment of other indebtedness. Helix reserves the right to settle and extinguish the 2026 Convertible Notes in cash, shares of its common stock, or any combination thereof.

Helix Energy Solutions Group, Inc. ("Helix") (NYSEHLX) reported net income of $15.6 million, or $0.10 per diluted share, for the third quarter 2023 compared to $7.1 million, or $0.05 per diluted share, for the second quarter 2023 and a net loss of $18.8 million, or $(0.12) per diluted share, for the third quarter 2022. Helix reported adjusted EBITDA1 of $96.4 million for the third quarter 2023 compared to $71.3 million for the second quarter 2023 and $52.6 million for the third quarter 2022.