Helix Energy Solutions Group Inc - Company Profile
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Helix Energy Solutions Group Inc (Helix Energy) is an international offshore energy services providing company. The company focuses on providing specialty services to the offshore energy industry, particularly in well intervention, robotics, and decommissioning operations. Helix's services include production maximization, full-field abandonment, and support for renewable energy developments such as offshore wind farms. The company’s services cater to the oil and gas and renewable energy markets, supporting production enhancement and decommissioning activities. It has operations across East Coast, Brazil, North Sea, Asia Pacific, and West Africa. Helix Energy is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
Suite 400, 3505 West Sam Houston Parkway North, Texas, 77043
Website
www.helixesg.com
Telephone
1 281 6180400
No of Employees
2,212
Industry
Energy and Utilities
Ticker Symbol & Exchange
HLX (NYSE)
Revenue (2024)
$1.3B
-4.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-44.6%
(2024 vs 2023)
Market Cap*
$1.3B
Net Profit Margin (2024)
XYZ
-41.7%
(2024 vs 2023)
* As of and is in US$
Helix Energy Solutions Group Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Oilfield Decommissioning |
| Reclamation |
| Project Management |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Divestiture | In May, the company sold its Gulf of America-focused Shallow Water Abandonment business to C-Dive, LLC for US$107.5 million. |
| 2026 | Contracts/Agreements | In April, the company entered into an agreement to merge with Hornbeck Offshore Services, Inc. |
| 2025 | Contracts/Agreements | In August, the company secured a multi-year contract with a major operator to offer production enhancement and well abandonment services in the U.S. Gulf of America. |
Competitor Comparison
| Key Parameters | Helix Energy Solutions Group Inc | Halliburton Co | McDermott International Ltd | Oceaneering International Inc | Deep Ocean Engineering Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Houston | Houston | Houston | Houston | San Jose |
| State/Province | Texas | Texas | Texas | Texas | California |
| No. of Employees | 2,212 | 46,000 | - | 11,100 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William L. Transier | Chairman | Executive Board | 2000 | 69 |
| Owen Kratz | Chief Executive Officer; Director; President | Executive Board | 1990 | 70 |
| Erik Staffeldt | Chief Financial Officer; Executive Vice President | Senior Management | 2017 | 53 |
| Scotty Sparks | Executive Vice President; Chief Operating Officer | Senior Management | 2015 | 51 |
| Ken Neikirk | General Counsel; Secretary; Executive Vice President | Senior Management | - | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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