Helix Energy Solutions Group
Market Cap
US$677.2m
Last Updated
2021/01/23 23:14 UTC
Data Sources
Company Financials +
Executive Summary
Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Similar Companies
Share Price & News
How has Helix Energy Solutions Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HLX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: HLX's weekly volatility has decreased from 19% to 12% over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-3.4%
HLX
-3.5%
US Energy Services
2.3%
US Market
1 Year Return
-47.7%
HLX
-24.9%
US Energy Services
23.8%
US Market
Return vs Industry: HLX underperformed the US Energy Services industry which returned -24.9% over the past year.
Return vs Market: HLX underperformed the US Market which returned 23.7% over the past year.
Shareholder returns
| HLX | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | -3.5% | 2.3% |
| 30 Day | 9.2% | 9.8% | 4.8% |
| 90 Day | 62.8% | 59.2% | 14.5% |
| 1 Year | -47.7%-47.7% | -22.8%-24.9% | 26.6%23.8% |
| 3 Year | -44.2%-44.2% | -59.5%-62.8% | 45.0%35.4% |
| 5 Year | 11.9%11.9% | -48.7%-57.7% | 126.2%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is Helix Energy Solutions Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's Why We Don't Think Helix Energy Solutions Group's (NYSE:HLX) Statutory Earnings Reflect Its Underlying Earnings Potential3 weeks ago | Simply Wall St
Estimating The Fair Value Of Helix Energy Solutions Group, Inc. (NYSE:HLX)1 month ago | Simply Wall St
Is Helix Energy Solutions Group (NYSE:HLX) Struggling?Valuation
Is Helix Energy Solutions Group undervalued compared to its fair value and its price relative to the market?
22.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HLX ($4.51) is trading below our estimate of fair value ($5.8)
Significantly Below Fair Value: HLX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HLX is poor value based on its PE Ratio (28.5x) compared to the US Energy Services industry average (18.6x).
PE vs Market: HLX is poor value based on its PE Ratio (28.5x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: HLX is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: HLX is good value based on its PB Ratio (0.4x) compared to the US Energy Services industry average (0.9x).
Next Steps
Future Growth
How is Helix Energy Solutions Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
35.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HLX's forecast earnings growth (35.5% per year) is above the savings rate (2%).
Earnings vs Market: HLX's earnings (35.5% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HLX's revenue (3.2% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: HLX's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HLX's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Helix Energy Solutions Group performed over the past 5 years?
65.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLX has a large one-off gain of $3.5M impacting its September 30 2020 financial results.
Growing Profit Margin: HLX's current net profit margins (3.2%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: HLX has become profitable over the past 5 years, growing earnings by 65.9% per year.
Accelerating Growth: HLX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HLX had negative earnings growth (-34.7%) over the past year, making it difficult to compare to the Energy Services industry average (-4%).
Return on Equity
High ROE: HLX's Return on Equity (1.4%) is considered low.
Next Steps
Financial Health
How is Helix Energy Solutions Group's financial position?
Financial Position Analysis
Short Term Liabilities: HLX's short term assets ($521.3M) exceed its short term liabilities ($276.5M).
Long Term Liabilities: HLX's short term assets ($521.3M) exceed its long term liabilities ($519.9M).
Debt to Equity History and Analysis
Debt Level: HLX's debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: HLX's debt to equity ratio has reduced from 46.8% to 20.9% over the past 5 years.
Debt Coverage: HLX's debt is well covered by operating cash flow (38.8%).
Interest Coverage: HLX's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
Next Steps
Dividend
What is Helix Energy Solutions Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HLX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HLX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HLX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HLX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HLX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Owen Kratz (65 yo)
12.92yrs
Tenure
US$5,376,669
Compensation
Mr. Owen E. Kratz has been the Chief Executive Officer and President of Helix Energy Solutions Group Inc. Since February 4, 2008. Mr. Kratz served as the Executive Chairman of Helix Energy Solutions Group...
CEO Compensation Analysis
Compensation vs Market: Owen's total compensation ($USD5.38M) is above average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: Owen's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.92yrs | US$5.38m | 4.82% $ 32.6m | |
| Executive VP & CFO | 3.58yrs | US$1.97m | 0.16% $ 1.1m | |
| Executive VP & COO | no data | US$1.96m | 0.19% $ 1.3m | |
| Senior VP | 1.67yrs | US$485.84k | 0.051% $ 348.8k | |
| Vice President of Production Facilities | 5.58yrs | no data | no data | |
| Deputy General Counsel & Assistant Secretary | no data | no data | no data |
4.6yrs
Average Tenure
47yo
Average Age
Experienced Management: HLX's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.92yrs | US$5.38m | 4.82% $ 32.6m | |
| Independent Director | 8.42yrs | US$316.88k | 0.20% $ 1.4m | |
| Independent Director | 14.5yrs | US$285.35k | 0.14% $ 931.0k | |
| Independent Chairman of the Board | 3.5yrs | US$418.50k | 0.093% $ 627.2k | |
| Independent Director | 1.42yrs | US$98.92k | 0.033% $ 220.8k | |
| Independent Director | 17.92yrs | US$301.56k | 0.22% $ 1.5m | |
| Independent Director | 2.42yrs | US$272.75k | 0.063% $ 423.7k |
8.4yrs
Average Tenure
64yo
Average Age
Experienced Board: HLX's board of directors are considered experienced (8.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HLX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Helix Energy Solutions Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Helix Energy Solutions Group, Inc.
- Ticker: HLX
- Exchange: NYSE
- Founded: 1979
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$677.225m
- Shares outstanding: 150.16m
- Website: https://www.helixesg.com
Number of Employees
Location
- Helix Energy Solutions Group, Inc.
- 3505 West Sam Houston Parkway North
- Suite 400
- Houston
- Texas
- 77043
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HLX | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 1997 |
| CTV | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1997 |
Biography
Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:14 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.