Helix Energy Solutions Group stock | 2026 forecast, price target & growth

Helix Energy Solutio...

NYSE:HLX

$ 10,10

+ $0,02 (0,20%)

10,10 $

+$0,02 (0,20%)

End-of-day quote: 03/27/2026

Helix Energy Solutions Group Stock Value

The analyst rating for NYSE:HLX is currently Outperform.

Outperform

Helix Energy Solutions Group Company Info

EPS Growth 5Y

11,49%

Market Cap

$1,49 B

Long-Term Debt

$0,31 B

Short Interest

2,58%

Annual earnings

N/A

Dividend

$0,00

Dividend Yield

0,00%

Founded

1979

Industry

Energy

Country

United States

ISIN Number

US42330P1075

Website

http://www.helixesg.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$12,00

18.81%

Last Update: 03/28/2026

Analysts: 4

Highest Price Target $14,00

Average Price Target $12,00

Lowest Price Target $8,00

In the last five quarters, Helix Energy Solutions Group’s Price Target has fallen from $13,72 to $10,38 - a -24,34% decrease. Three analysts predict that Helix Energy Solutions Group’s share price will increase in the coming year, reaching $12,00. This would represent an increase of 18,81%.

Top growth stocks in the energy sector (5Y.)

What does Helix Energy Solutions Group do?

Helix Energy Solutions Group, Inc. and its subsidiaries (Helix) operates as an international offshore energy services company that provides specialty services to the offshore energy industry, with a focus on well intervention, robotics and full-field decommissioning operations. The company’s services are key in supporting a global energy transition by maximizing the production of existing oil and gas reserves, decommissioning end-of-life oil and gas fields, and supporting renewable energy devel...

The company’s services are key in supporting a global energy transition by maximizing the production of existing oil and gas reserves, decommissioning end-of-life oil and gas fields, and supporting renewable energy developments.

The company provides a range of services to the oil and gas and renewable energy markets primarily in the Gulf of Mexico (deepwater and shelf), the U.S. East Coast, Brazil, North Sea, the Asia Pacific, and West Africa regions.

Segments

The company’s services are segregated into four reportable business segments: Well Intervention, Robotics, Shallow Water Abandonment, and Production Facilities.

The company’s Well Intervention segment provides services enabling its customers to safely access subsea offshore wells for the purpose of performing production enhancement or decommissioning operations, thereby mitigating the need to drill new wells by extending the useful lives of existing wells and preserving the environment by preventing uncontrolled releases of oil and natural gas. The company’s well intervention vessels include the Q4000, the Q5000, the Q7000, the Seawell, the Well Enhancer, and the two chartered monohull vessels, the Siem Helix 1 and the Siem Helix 2. The company’s well intervention equipment includes intervention systems, such as intervention riser systems (‘IRSs’), subsea intervention lubricators (‘SILs’) and the Riserless Open-water Abandonment Module (‘ROAM’), some of which the company provides on a stand-alone basis.

The company’s Robotics segment provides trenching, seabed clearance, offshore construction and inspection, repair and maintenance (‘IRM’) services to both the offshore oil and gas and renewable energy markets globally, thereby assisting with the delivery of renewable energy and supporting the responsible transition away from a carbon-based economy. Additionally, the company’s robotics services are used in and complement its well intervention services. The company’s Robotics segment includes remotely operated vehicles (‘ROVs’), trenchers, the IROV boulder grab and robotics support vessels under term charters as well as spot vessels as needed. The company offers its ROVs, trenchers and the IROV boulder grab on a stand-alone basis or on an integrated basis with chartered robotics support vessels.

The company’s Shallow Water Abandonment segment provides services in the support of the upstream and midstream sectors in the Gulf of Mexico shelf, through offshore oilfield decommissioning and reclamation, plug and abandonment (‘P&A’) services, project management, engineered solutions, intervention, maintenance, repair, heavy lift and commercial diving services. The company’s Shallow Water Abandonment segment includes a diversified fleet of marine assets, including liftboats, offshore supply vessels (‘OSVs’), dive support vessels (‘DSVs’), a heavy lift derrick barge, a crew boat, P&A systems and coiled tubing (‘CT’) systems.

The company’s Production Facilities segment includes the Helix Producer I (the ‘HP I’), the Helix Fast Response System (the ‘HFRS’) and the company’s ownership of mature oil and gas properties. All of the company’s Production Facilities activities are located in the Gulf of Mexico.

Services the company offers to the offshore oil and gas market worldwide include:

Production. Well intervention; intervention engineering; production enhancement; CT operations; IRM of production structures, trees, jumpers, risers, pipelines and subsea equipment; and related support services.

Decommissioning. Reclamation and remediation services; well P&A services; pipeline, cable and umbilical abandonment services; and site inspections.

Development. Installation of flowlines, control umbilicals, manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing and inspection; and cable and umbilical lay and connection.

Production Facilities. Provision of the HP I as an oil and natural gas processing facility. The HP I is being utilized to process production from the Phoenix field in the Gulf of Mexico.

Fast Response System. Provision of the HFRS as a response resource in the Gulf of Mexico that can be identified in permit applications to the U.S. federal and state agencies and respond to a well control incident.

Services the company offers to the offshore renewable energy market worldwide include:

Trenching. Cable burial via jetting and/or cutting by self-propelled trenching ROVs; trenching using the company’s I-plough trencher.

Site Clearance. Site preparation for construction of offshore wind farms, including boulder relocation and underwater unexploded ordnance identification and disposal.

Subsea Support. General subsea support of engineering, procurement, construction and installation contractors with ROV services standalone or with support vessels.

Well Intervention

The company engineers, manages and conducts well intervention operations, which include production enhancement and abandonment, and construction operations in water depths ranging from 100 to 10,000 feet.

The company’s Well Intervention segment includes seven purpose-built well intervention vessels and 12 subsea intervention systems (including two deepwater IRSs), four of which are 50% owned, providing services primarily in the Gulf of Mexico, Brazil, North Sea, the Asia Pacific and West Africa regions.

In the Gulf of Mexico, the Q4000, a riser-based semi-submersible well intervention vessel, has been serving customers in the spot market since 2002. In 2010, the Q4000 served as a key emergency response vessel in the Macondo well control and containment efforts. The Q5000 riser-based semi-submersible well intervention vessel commenced operations in the Gulf of Mexico in 2015.

In Brazil, the company provides well intervention services with the Siem Helix 1 and Siem Helix 2 vessels under long-term charter from Siem Offshore AS (‘Siem’). The Siem Helix 1 commenced operations in April 2017 and is working on a long-term P&A project for Trident Energy do Brasil Ltda. (‘Trident Energy’) through November 2025. The Siem Helix 2 commenced operations in December 2017 and is under contract with Petrobras through at least December 2024.

In the North Sea, the Well Enhancer has performed well intervention, abandonment and CT services since it joined the company’s fleet in 2009. The Seawell has provided well intervention and abandonment services since 1987. The vessel underwent major capital upgrades in 2015 to extend its estimated useful economic life by approximately 15 years.

The Q7000 semi-submersible well intervention vessel commenced operations in January 2020 performing various integrated well intervention operations offshore Nigeria and is performing decommissioning campaigns in the Asia Pacific region.

The company’s Subsea Services Alliance with SLB leverages the parties’ capabilities to provide a unique, fully integrated offering to clients, combining marine support with well access and control technologies. Through the company’s alliance, the company and SLB jointly developed a 15K IRS and the ROAM.

Robotics

The company operates robotics assets to support offshore energy projects for the renewable energy market and to complement offshore construction, maintenance and well intervention services for the oil and gas market. The company often integrates its services with chartered vessels. The company’s robotics business operates globally, with primary operations in the North Sea, Gulf of Mexico, the U.S. East Coast, the Asia Pacific, Brazil and West Africa regions. The company charters vessels under long-term, spot, and flexible rates, enabling the company to offer an integrated package to its customers, including marine access, ROV services, project management and engineering services. The company’s robotics assets and experience allow the company to meet the technological challenges of its customers’ subsea activities worldwide. As of December 31, 2023, the company’s robotics assets included 39 work class ROVs, seven trenchers and the IROV boulder grab. The company charters vessels on a long-term or a spot basis to support deployment of the company’s robotics assets.

The company provides cable burial services related to subsea power cable installations, as well as seabed clearance and site preparation services around the world using the company’s chartered vessels, trenchers and ROVs. In 2023, revenues derived from offshore renewable energy contracts accounted for 42% of the company’s global Robotics segment revenues.

Shallow Water Abandonment

In July 2022, the company completed the acquisition of Alliance group of companies (Alliance) that the company re-branded as Helix Alliance, a vertically integrated company specializing in comprehensive offshore oilfield decommissioning services predominantly in the Gulf of Mexico shelf. Helix Alliance’s decommissioning offerings include well plugging and abandonment, subsea infrastructure flushing and abandonments (or removals), platform decommissioning and structure removals, subsea site clearance, and engineering, permitting and project management. In addition to its end-of-life decommissioning services, Helix Alliance offers services to support the full life cycle of offshore upstream and midstream industries, including oil and gas production through well intervention, CT and pumping, installations and construction, and IRM (inspection, repair and maintenance).

Production Facilities

The company owns and operates the HP I, a ship-shaped dynamically positioned floating production vessel capable of processing up to 45,000 barrels of oil and 80 million cubic feet of natural gas per day. The HP I has been under contract to the Phoenix field operator since February 2013 and is under an agreement through at least June 1, 2025.

The company developed the HFRS in 2011 as a culmination of its experience as a responder in the 2010 Macondo well control and containment efforts. The HFRS combines the HP I, the Q4000 and the Q5000 with certain well control equipment that can be deployed to respond to a well control incident. The company is under agreement through March 31, 2025 with various operators to provide access to the HFRS for well control purposes.

The company’s Production Facilities segment includes mature deepwater offshore wells, including two remaining wells acquired from Marathon Oil Corporation (‘Marathon Oil’) in January 2019, and three wells and related subsea infrastructure acquired from MP Gulf of Mexico, LLC, a joint venture controlled by Murphy Exploration & Production Company – USA, in August 2022.

Geographic Areas

The company primarily operates in the Gulf of Mexico, the U.S. East Coast, Brazil, North Sea, the Asia Pacific and West Africa regions. The company’s North Sea operations and the company’s Gulf of Mexico shelf operations related to Helix Alliance are usually subject to seasonal changes in demand, which generally peaks in the summer months and declines in the winter months.

Customers

The company’s customers primarily consist of major and independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies and offshore engineering and construction firms. The percentages of consolidated revenues from major customers (those representing 10% or more of the company’s consolidated revenues) are as follows: 2023 — Apache (11%) and Shell (10%). The company provided services to over 90 customers in 2023.

Competition

The company’s principal competitors in well intervention include AKOFS Offshore, Baker Hughes, C-Innovation, Expro, Oceaneering, TechnipFMC, Trendsetter, Well-Safe Solutions and international drilling contractors.

The company’s principal competitors in the robotics business include Atlantic Marine, Briggs Marine, C-Innovation, DeepOcean, DOF Subsea, Fugro, James Fisher, Oceaneering, ROVOP and UTROV.

The company’s principal competitors in shallow water abandonment include Aries Marine, C-Dive, Cardinal Services, Chet Morrison, Crescent Energy Services, Laredo Offshore Services, Manson Gulf, Offshore Liftboats, Offshore Marine Contractors, Seacor, Shore Offshore, Supreme Energy, Turnkey Offshore Project Services and White Fleet.

Government Regulation

Being an owner and operator of wells subjects the company to additional regulatory oversight from the Bureau of Ocean Energy Management (‘BOEM’) and the Bureau of Safety and Environmental Enforcement (‘BSEE’).

The company’s vessels are subject to applicable international maritime convention requirements, which include, but are not limited to, the International Convention for the Prevention of Pollution from Ships (‘MARPOL’), the International Convention on Civil Liability for Oil Pollution Damage of 1969, the International Convention on Civil Liability for Bunker Oil Pollution Damage of 2001 (ratified in 2008), the International Convention for the Safety of Life at Sea of 1974 (‘SOLAS’), the International Safety Management Code for the Safe Operation of Ships and for Pollution Prevention (the ‘ISM Code’), the Code for the Construction and Equipment of Mobile Offshore Drilling Units (the ‘MODU Code’), and the International Convention for the Control and Management of Ships’ Ballast Water and Sediments (the ‘BWM Convention’).

In the U.S., the company is subject to the jurisdiction of the U.S. Coast Guard (the ‘Coast Guard’), the U.S. Environmental Protection Agency (the ‘EPA’) as well as state environmental protection agencies for those jurisdictions in which the company operates, three divisions of the U.S. Department of the Interior (BOEM, BSEE and the Office of Natural Resources Revenue), and the U.S. Customs and Border Protection (the ‘CBP’), as well as classification societies such as the American Bureau of Shipping (the ‘ABS’). The company is also subject to the requirements of the federal Occupational Safety and Health Act and comparable state laws that regulate the protection of employee health and safety for the company’s land-based operations.

The U.K. Continental Shelf in the North Sea is regulated by the North Sea Transition Authority (the ‘NSTA’) in accordance with the Petroleum Act 1998. The NSTA controls the Petroleum Operations Notices with which the company complies for various well intervention and subsea construction projects, as required. The NSTA also regulates the environmental requirements for the company’s operations in the North Sea. The company complies with the Oil Pollution Prevention and Control Regulations 2005 as required.

The company’s operations in Brazil are predominantly regulated by the Brazilian National Agency of Petroleum, Natural Gas and Biofuels, the federal government agency responsible for the regulation of the oil sector. The company also adheres to manning requirements implemented by the Coast Guard for operations on the U.S. Outer Continental Shelf (‘OCS’).

In the U.S., the company is subject to the Coastwise Merchandise Statute (commonly known as the ‘Jones Act’).

As an owner and operator of wells located on the OCS, the company is required to maintain a BSEE-approved Oil Spill Response Plan. BSEE also oversees requirements relating to well control equipment utilized during intervention and decommissioning operations. As a provider of well control equipment, the company is subject to these regulations for operation, maintenance and surface and subsea testing of the company’s equipment during intervention and decommissioning operations.

History

The company was incorporated in the state of Minnesota in 1979. It was re-incorporated in the state of Minnesota in 1983. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in 2006.

Helix Energy Solutions Group Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Offshore energy services:** approx. 70% **Underwater construction and maintenance:** approx. 20% **Oil and gas production:** approx. 10% **TOP 3 markets:** 1. **North America:** approx. 45% 2. **Europe:** approx. 30% 3. **Asia-Pacific:** approx. 15% Helix Energy Solutions Group, In...

At which locations are the company’s products manufactured?

**Production Sites:** Gulf of Mexico, North Sea, Brazil, Asia-Pacific Region Helix Energy Solutions Group, Inc. is a company specializing in underwater oil and gas production services. Their main activities include providing well intervention services, robotics technology, and pipeline solutions....

What strategy does Helix Energy Solutions Group pursue for future growth?

**Revenue Growth:** Estimated 8-10% annually (based on historical data and market trends until 2023) **Focus on Renewable Energies:** Helix Energy Solutions Group, Inc. has been increasingly investing in the field of renewable energies in recent years, especially in offshore wind projects. This str...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, special metals, machine components **Main importing countries:** China, Germany, Japan Helix Energy Solutions Group, Inc. is a company operating in the oil and gas industry, specializing in services such as drilling and subsea work. The company requires a variety of...

How strong is the company’s competitive advantage?

**Market Share:** Estimated at 5-7% in the offshore oilfield services sector (2025) **R&D Investments:** 4% of revenue (2025) **Customer Retention:** Over 80% (2025) Helix Energy Solutions Group, Inc. possesses a moderate competitive advantage in the offshore oilfield services sector. The com...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Approx. 90% (estimated for 2026 based on historical data) **Insider Buys/Sells:** No significant transactions in the last year (estimated) The institutional investor share at Helix Energy Solutions Group, Inc. is traditionally high, as the company operates in a sp...

What percentage market share does Helix Energy Solutions Group have?

**Market share of Helix Energy Solutions Group, Inc.:** Estimated around 3-5% (2026) **Major competitors and their market shares:** 1. **Schlumberger Limited:** around 15-20% 2. **Halliburton Company:** around 10-15% 3. **Baker Hughes Company:** around 10-15% 4. **TechnipFMC plc:** around 5-10% 5....

Is Helix Energy Solutions Group stock currently a good investment?

**Revenue Growth:** 10% (2025) **Profit Growth:** 8% (2025) **Debt Ratio:** 45% (2025) Helix Energy Solutions Group, Inc. achieved a revenue growth of 10% in 2025, attributed to increased demand for its services in the offshore energy sector. The profit growth was 8%, indicating that the company wa...

Does Helix Energy Solutions Group pay a dividend – and how reliable is the payout?

**Dividend:** None (as of 2026) Helix Energy Solutions Group, Inc. currently does not pay a dividend. The company has not made regular dividend payments in the past, as it focuses on reinvesting profits into the growth and expansion of its business activities. The reliability of payout is therefor...

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Helix Energy Solutions Group Stock Value

Helix Energy Solutions Group Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Helix Energy Solutions Group do?

Helix Energy Solutions Group Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Helix Energy Solutions Group Stock Value

Helix Energy Solutions Group Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Helix Energy Solutions Group do?

Helix Energy Solutions Group Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.