Helix Energy Solutions Exploring Strategic Alternatives

Helix Energy Solutions Exploring Strategic Alternatives

A sign outside the headquarters of Helix Energy Solutions in Houston, Texas. Helix Energy Solutions had a market value of $979 million as of Friday’s close. Year to date, the company’s stock price is down nearly 25%. In the second quarter, Helix reported a net loss of $6.4 million and revenue of $150.3 million. The offshore energy company provides specialty services to other players in the industry. Its services include well intervention, subsea contracting and drilling support. It also has a robotics arm that operates trenchers and ROVDrills, designed for drilling and testing in seabeds. The company’s roots stretch […]