Helix Energy CEO Owen Kratz Announces Retirement Plans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
0mins
Should l Buy HLX?
Helix Energy announced that Owen Kratz, President and CEO and member of the Helix Board, has informed the Board of his intention to retire. Kratz joined Helix in 1984 and was first appointed as its CEO in 1997. To ensure leadership continuity and a smooth transition, Kratz intends to continue to serve as CEO until the Board has appointed a successor.
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Analyst Views on HLX
Wall Street analysts forecast HLX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HLX is 12.00 USD with a low forecast of 12.00 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 8.090
Low
12.00
Averages
12.00
High
12.00
Current: 8.090
Low
12.00
Averages
12.00
High
12.00
About HLX
Helix Energy Solutions Group, Inc. is an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention, robotics and full-field decommissioning operations. Its segments include Well Intervention, Robotics, Shallow Water Abandonment and Production Facilities. Well Intervention segment provides services that enable its customers to safely access subsea offshore wells for the purpose of performing production enhancement or decommissioning operations. Robotics segment provides trenching, seabed clearance, offshore construction and inspection, repair and maintenance services to both the offshore oil and gas and renewable energy markets globally. Shallow Water Abandonment segment provides services in support of the upstream and midstream sectors on the Gulf of Mexico shelf.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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.
See More
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.
See More
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.
See More
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.
See More
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.
See More
Helix Wireless Sponsors New York Jets Charity Raffle, Donates Over $15,000
- Charitable Support: Helix Wireless served as the presenting sponsor for the New York Jets' 50/50 raffle, raising over $15,000 for Hope House For Our Families, significantly enhancing the company's community impact.
- Community Engagement: This raffle not only provided crucial funding for Hope House but also elevated Helix Wireless's brand image in New Jersey, showcasing its commitment to social responsibility.
- Strategic Partnership: As the official IoT partner of the New York Jets, Helix Wireless further solidified its collaboration with the sports industry through this event, enhancing its competitive position in the market.
- Long-term Impact: The funds will support Hope House in aiding affected families, and Helix Wireless's involvement not only assists the community but also establishes a positive corporate image that promotes future business growth.
See More
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.
See More
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.
See More
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.
See More
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.
See More
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.
See More
Helix Wireless Sponsors New York Jets Charity Raffle, Donates Over $15,000
- Charitable Support: Helix Wireless served as the presenting sponsor for the New York Jets' 50/50 raffle, raising over $15,000 for Hope House For Our Families, significantly enhancing the company's community impact.
- Community Engagement: This raffle not only provided crucial funding for Hope House but also elevated Helix Wireless's brand image in New Jersey, showcasing its commitment to social responsibility.
- Strategic Partnership: As the official IoT partner of the New York Jets, Helix Wireless further solidified its collaboration with the sports industry through this event, enhancing its competitive position in the market.
- Long-term Impact: The funds will support Hope House in aiding affected families, and Helix Wireless's involvement not only assists the community but also establishes a positive corporate image that promotes future business growth.
See More
