Helix Announces Q3 2025 Financial Results
Financial Performance: Helix Energy Solutions reported a net income of $22.1 million for Q3 2025, a significant improvement from a net loss of $2.6 million in Q2 2025, and a decrease from $29.5 million in Q3 2024. Adjusted EBITDA for the quarter was $103.7 million, up from $42.4 million in the previous quarter.
Operational Highlights: The company experienced strong performance in its Robotics segment, benefiting from increased trenching and renewables operations, while the Shallow Water segment saw a rise in activity after a slow start to the season.
Guidance Update: Helix raised its full-year 2025 Adjusted EBITDA guidance to between $240 million and $270 million, with expected Free Cash Flow generation between $100 million and $140 million, reflecting the timing of receivable collections.
Segment Revenue Growth: Revenues from Well Intervention, Robotics, and Shallow Water Abandonment segments increased significantly in Q3 2025 compared to the previous quarter, driven by higher utilization rates and improved operational efficiency.
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HELIX ENERGY SOLUTIONS GROUP AND SCHLUMBERGER SIGN AMENDMENT NO. 2 TO ALLIANCE AGREEMENT - SEC FILING
Company Overview: Helix Energy Solutions Group is involved in energy solutions, focusing on various services within the industry.
Amendment Details: The company has made an amendment to its alliance agreement, specifically noted as Amendment No. 2.
Partnership Focus: The amendment pertains to the collaboration with Schlumberger, indicating a strategic partnership in energy solutions.
Regulatory Compliance: The amendment is related to SEC filings, suggesting compliance with regulatory requirements for public disclosures.
Helix Energy to Release Q4 and Full Year 2025 Results
- Earnings Release Schedule: Helix Energy Solutions Group will issue its fourth quarter and full year 2025 results on February 23, 2026, after market close, highlighting its role in the global energy transition.
- Teleconference Details: The company will review its financial results on February 24, 2026, at 9:00 a.m. Central Time via teleconference and webcast, allowing investors to dial in for transparency.
- Webcast Availability: A replay of the webcast will be available shortly after the event, ensuring that investors who cannot attend live can still access the information, thereby enhancing investor relations.
- Company Background: Helix Energy, headquartered in Houston, Texas, is an international offshore energy services company focused on well intervention, robotics, and decommissioning operations, supporting global energy transition and renewable energy developments.
Helix Energy Solutions to Release Q4 and Full Year 2025 Results
- Earnings Release Schedule: Helix Energy Solutions Group will issue its Q4 and full year 2025 results on February 23, 2026, after market close, reflecting the company's commitment to transparency and investor communication.
- Teleconference Details: The company will review its financial results on February 24, 2026, at 9:00 a.m. Central Time via teleconference and webcast, indicating an open approach to investor engagement.
- Webcast Availability: A replay of the teleconference will be available on Helix's website shortly after the event, ensuring that investors who cannot attend live can still access critical information, enhancing information accessibility.
- Company Background: Helix, headquartered in Houston, Texas, is an international offshore energy services company focused on well intervention, robotics, and decommissioning operations, playing a significant role in supporting global energy transition and renewable energy development.
Helix Energy Solutions' CEO Resigns
Leadership Change: Owen Kratz, the president and CEO of Helix Energy Solutions Group, has announced his intention to retire, while planning to remain in his role until a successor is appointed.
Company Performance: Helix Energy Solutions Group has presented at the TD Cowen 2nd Annual Energy Conference and reported a Q3 2025 earnings call, indicating a strong performance in robotics and operations in Brazil.
Helix Energy CEO Owen Kratz Announces Retirement After Nearly 40 Years of Leadership
- Leadership Change: Helix Energy Solutions Group CEO Owen Kratz announces his retirement, concluding an illustrious career that began in 1984, during which he transformed the company from a small diving firm into a global industry leader.
- Succession Planning: Kratz will remain as CEO until a successor is appointed by the Board, ensuring leadership continuity and a smooth transition, reflecting the company's commitment to stable management.
- Industry Contributions: Kratz has successfully navigated Helix through multiple business cycles, driving innovation and growth in the offshore energy services sector, thereby enhancing value for shareholders and clients.
- Future Outlook: Kratz expresses confidence in Helix's future, noting the company's strong balance sheet that positions it to seize growth opportunities and continue driving value creation.
Helix Energy Solutions CEO Owen Kratz Announces Retirement After Nearly 40 Years of Leadership
- Leadership Transition: Helix Energy Solutions CEO Owen Kratz has announced his retirement, intending to continue in his role until a successor is appointed by the Board, ensuring leadership continuity and a smooth transition.
- Industry Contributions: Since joining Helix in 1984, Kratz has transformed the company from a small diving firm into a global leader in offshore energy services, successfully navigating multiple business cycles and delivering value to shareholders.
- Future Outlook: Kratz stated that Helix is well-positioned with a strong balance sheet that affords opportunities for future growth, expressing confidence in the company's role in the global energy transition.
- Succession Planning: The Board and Kratz have long discussed succession planning, focusing on selecting a strong next CEO with proven global business leadership experience to ensure the company's continued development.
HELIX ENERGY SOLUTIONS GROUP AND SCHLUMBERGER SIGN AMENDMENT NO. 2 TO ALLIANCE AGREEMENT - SEC FILING
Company Overview: Helix Energy Solutions Group is involved in energy solutions, focusing on various services within the industry.
Amendment Details: The company has made an amendment to its alliance agreement, specifically noted as Amendment No. 2.
Partnership Focus: The amendment pertains to the collaboration with Schlumberger, indicating a strategic partnership in energy solutions.
Regulatory Compliance: The amendment is related to SEC filings, suggesting compliance with regulatory requirements for public disclosures.
Helix Energy to Release Q4 and Full Year 2025 Results
- Earnings Release Schedule: Helix Energy Solutions Group will issue its fourth quarter and full year 2025 results on February 23, 2026, after market close, highlighting its role in the global energy transition.
- Teleconference Details: The company will review its financial results on February 24, 2026, at 9:00 a.m. Central Time via teleconference and webcast, allowing investors to dial in for transparency.
- Webcast Availability: A replay of the webcast will be available shortly after the event, ensuring that investors who cannot attend live can still access the information, thereby enhancing investor relations.
- Company Background: Helix Energy, headquartered in Houston, Texas, is an international offshore energy services company focused on well intervention, robotics, and decommissioning operations, supporting global energy transition and renewable energy developments.
Helix Energy Solutions to Release Q4 and Full Year 2025 Results
- Earnings Release Schedule: Helix Energy Solutions Group will issue its Q4 and full year 2025 results on February 23, 2026, after market close, reflecting the company's commitment to transparency and investor communication.
- Teleconference Details: The company will review its financial results on February 24, 2026, at 9:00 a.m. Central Time via teleconference and webcast, indicating an open approach to investor engagement.
- Webcast Availability: A replay of the teleconference will be available on Helix's website shortly after the event, ensuring that investors who cannot attend live can still access critical information, enhancing information accessibility.
- Company Background: Helix, headquartered in Houston, Texas, is an international offshore energy services company focused on well intervention, robotics, and decommissioning operations, playing a significant role in supporting global energy transition and renewable energy development.
Helix Energy Solutions' CEO Resigns
Leadership Change: Owen Kratz, the president and CEO of Helix Energy Solutions Group, has announced his intention to retire, while planning to remain in his role until a successor is appointed.
Company Performance: Helix Energy Solutions Group has presented at the TD Cowen 2nd Annual Energy Conference and reported a Q3 2025 earnings call, indicating a strong performance in robotics and operations in Brazil.
Helix Energy CEO Owen Kratz Announces Retirement After Nearly 40 Years of Leadership
- Leadership Change: Helix Energy Solutions Group CEO Owen Kratz announces his retirement, concluding an illustrious career that began in 1984, during which he transformed the company from a small diving firm into a global industry leader.
- Succession Planning: Kratz will remain as CEO until a successor is appointed by the Board, ensuring leadership continuity and a smooth transition, reflecting the company's commitment to stable management.
- Industry Contributions: Kratz has successfully navigated Helix through multiple business cycles, driving innovation and growth in the offshore energy services sector, thereby enhancing value for shareholders and clients.
- Future Outlook: Kratz expresses confidence in Helix's future, noting the company's strong balance sheet that positions it to seize growth opportunities and continue driving value creation.
Helix Energy Solutions CEO Owen Kratz Announces Retirement After Nearly 40 Years of Leadership
- Leadership Transition: Helix Energy Solutions CEO Owen Kratz has announced his retirement, intending to continue in his role until a successor is appointed by the Board, ensuring leadership continuity and a smooth transition.
- Industry Contributions: Since joining Helix in 1984, Kratz has transformed the company from a small diving firm into a global leader in offshore energy services, successfully navigating multiple business cycles and delivering value to shareholders.
- Future Outlook: Kratz stated that Helix is well-positioned with a strong balance sheet that affords opportunities for future growth, expressing confidence in the company's role in the global energy transition.
- Succession Planning: The Board and Kratz have long discussed succession planning, focusing on selecting a strong next CEO with proven global business leadership experience to ensure the company's continued development.
