Added to YB: 2025-05-07
Pitch date: 2025-03-17
HLX [bullish]
Helix Energy Solutions Group, Inc.
-14.49%
current return
Author Info
No bio for this author
Company Info
Helix Energy Solutions Group, Inc., together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the United States, North Sea, the Asia Pacific, West Africa, and internationally.
Market Cap
$864.3M
Pitch Price
$8.21
Price Target
15.70 (+124%)
Dividend
N/A
EV/EBITDA
3.23
P/E
17.98
EV/Sales
0.93
Sector
Energy Equipment and Services
Category
value
Helix Energy Solutions Group, Inc. - $HLX
HLX: Oil/gas offshore service provider with 7 well intervention vessels (100% utilization), robotics fleet, and assets. Strong balance sheet ($53M net cash, $1.5B tangible assets). 2025 forecast: $1.4B rev, $366M EBITDA (~21% FCF yield). Well segment repriced contracts +40%, robotics seeing higher rates. Trades 3.5x 2025 EBITDA, 0.8x tangible book. Target $15.70 (100% upside).
Read full article (14 min)