Helix Energy Reports Strong Q3 2024 Amid Challenges
Company Announcements

Helix Energy Reports Strong Q3 2024 Amid Challenges

Helix Energy ( (HLX) ) has issued an update.

Helix Energy Solutions Group reported a third-quarter 2024 net income of $29.5 million, showcasing robust performance despite weather challenges and operational disruptions. The company’s strategic focus on well intervention and robotics segments contributed to strong results, with significant contracts boosting their future backlog. Helix’s ability to navigate market conditions and secure long-term commitments underscores its operational resilience and market confidence.

Find detailed analytics on HLX stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyHelix Energy price target lowered to $15 from $16 at TD Cowen
TheFlyHelix Energy narrows FY24 revenue view to $1.3B-$1.365B from $1.25B-$1.4B
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App