HLX Stock Summary and Trading Ideas (Helix Energy Solns Gr | NYSE:HLX)

Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services in deep water in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments: Well Intervention, Robotics, Shallow Water Abandonment and Production Facilities. the Well Intervention segment includes vessels and equipment used to perform well intervention services in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the U.S.

Helix Energy Solns Gr trades on the NYSE stock market under the symbol HLX.

As of March 13, 2025, HLX stock price declined to $7.87 with 1,028,850 million shares trading.

HLX has a beta of 1.58, meaning it tends to be more sensitive to market movements. HLX has a correlation of 0.21 to the broad based SPY ETF.

HLX has a market cap of $1.19 billion. This is considered a Small Cap stock.

Last quarter Helix Energy Solns Gr reported $355 million in Revenue and $.13 earnings per share. This beat revenue expectation by $43 million and exceeded earnings estimates by $.04.

In the last 3 years, HLX traded as high as $13.05 and as low as $2.47.

The top ETF exchange traded funds that HLX belongs to (by Net Assets): IJR, CALF, VTI, AVUV, IWM.

HLX has underperformed the market in the last year with a price return of -19.2% while the SPY ETF gained +8.2%. HLX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.8% and -8.7%, respectively, while the SPY returned -8.4% and -5.7%, respectively.

HLX support price is $7.73 and resistance is $8.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HLX shares will trade within this expected range on the day.