Helix Energy stock hits 52-week low at $5.76 amid challenges

Published 24/04/2025, 14:36
Helix Energy stock hits 52-week low at $5.76 amid challenges

In a challenging market environment, Helix Energy Solutions Group Inc . (NYSE:HLX) stock has touched a 52-week low, dipping to $5.76. According to InvestingPro data, the stock currently trades at just 0.66 times book value and an EV/EBITDA of 4.86, suggesting potential undervaluation. Analyst price targets range from $10.50 to $15.00, indicating significant upside potential. The energy sector has faced significant headwinds, and Helix Energy, a well-known offshore energy services company, has not been immune to the industry’s volatility. Over the past year, the company’s stock has seen a substantial decline, with a 1-year change showing a decrease of 41.45%. This downturn reflects broader market trends and specific operational challenges that have impacted the company’s financial performance and investor sentiment. For deeper insights into HLX’s valuation and growth prospects, including 10 key investment tips, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Helix Energy Solutions Group Inc. reported impressive financial results for the fourth quarter of 2024, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.13, exceeding the forecasted $0.09, while revenue reached $355.13 million, significantly above the anticipated $315.05 million. These results highlight Helix’s strong operational performance and strategic contract execution. Additionally, the company has provided optimistic guidance for 2025, projecting revenue between $1.36 billion and $1.5 billion. Helix’s CEO, Owen Kratz, emphasized the company’s strategic positioning with multi-year contracts for major assets, indicating resilience in potential market softening. The company also discussed its focus on expanding market presence and enhancing operational efficiency. Analyst feedback suggests a positive outlook for Helix, with strong contract coverage in well intervention and robotics segments.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.