Helix Energy Solutions Group Inc. Highlights Offshore Well Intervention and Decommissioning in Latest Presentation

Reuters11-19
Helix Energy Solutions Group Inc. Highlights Offshore Well Intervention and Decommissioning in Latest Presentation

Helix Energy Solutions Group Inc. shared updates on its operational performance and financial outlook at the TD Cowen 2nd Annual Energy Conference. The company, headquartered in Houston and listed on the NYSE under HLX, reported a projected 2025 revenue range of $1.23 billion to $1.29 billion, with expected EBITDA between $240 million and $270 million and free cash flow guidance of $100 million to $140 million for the year. As of September 30, 2025, Helix reported a backlog of $430 million and liquidity of $1.3 billion. Helix's business is anchored by a fleet of seven well intervention vessels and 12 well intervention systems, focusing on both decommissioning and production maximization activities. Its revenue for the nine-month period ending September 30, 2025, was primarily generated from decommissioning (52%) and production maximization (34%), with additional contributions from renewables and other segments. You can access the full presentation through the link below.

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