HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its fourth quarter and full year 2025 results on Monday, February 23, 2026, after the close of business. The press release and associated slide presentation will be available on Helix's website, www.helixesg.com. Helix will review its fourth quarter and full year 2025 results on Tuesday, February 24, 2026, at 9:00 a.m. Central Time via a teleconference and webcast. Investors and other i. ...

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Group 1 - Helix Energy Solutions Group, Inc. (NYSE:HLX) experienced a share price decline of 5.11% from December 17 to December 24, 2025, ranking among the energy stocks that lost the most during that week [1] - The company announced the retirement of its long-standing President and CEO, Owen Kratz, who has been with the company since 1984 and CEO since 1997, with plans for a smooth leadership transition [3] - Helix Energy Solutions secured a multi-year contract for riserless plug-and-abandonment operations on up to 34 subsea wells in the UK North Sea, highlighting its position as a leading decommissioning provider [4] Group 2 - The contract work is set to begin next year and will involve pipeline flushing, disconnection, and well plug-and-abandonment, showcasing the company's operational capabilities [4] - The Executive Vice President and COO, Scotty Sparks, emphasized the importance of this contract in demonstrating Helix's integrated assets and operational track record in the decommissioning sector [4]

Core Viewpoint - Helix Energy Solutions Group, Inc. has secured a multi-year contract for riserless plug and abandonment operations on up to 34 subsea wells in the UK North Sea, set to commence in 2026 [1] Group 1: Contract Details - The awarded scope of work includes flushing and disconnection of pipelines and well plug and abandonment [1] - The contract is with a major operator, indicating significant industry confidence in Helix's capabilities [1] Group 2: Operational Assets - Helix plans to utilize its own assets, specifically the Well Enhancer or the Seawell, which are purpose-built for light well intervention [1]

Core Viewpoint - Helix Energy Solutions Group, Inc. announces the retirement of Owen Kratz, the President and CEO, who has been with the company since 1984 and has led it since 1997, marking a significant transition in leadership for the company [1][2]. Company Overview - Helix Energy Solutions Group, Inc. is an international offshore energy services company headquartered in Houston, Texas, focusing on well intervention, robotics, and decommissioning operations [4]. - The company plays a crucial role in supporting the global energy transition by maximizing production from existing oil and gas reserves and facilitating the decommissioning of end-of-life oil and gas fields [4]. Leadership Transition - Owen Kratz's retirement will ensure leadership continuity, as he plans to remain as CEO until a successor is appointed, emphasizing a smooth transition process [2][3]. - The Board of Directors is committed to selecting a new CEO with proven global business leadership experience, ensuring the company maintains its strategic direction [3]. Contributions and Legacy - Kratz is recognized as a pioneer in the offshore energy services industry, having transformed Helix from a small diving company into a global industry leader over nearly four decades [3]. - His leadership has successfully navigated the company through various business cycles, delivering value to shareholders and clients across multiple fields, including subsea diving, intervention, robotics, construction, exploration and production (E&P), and decommissioning [3]. Future Outlook - The company is well-positioned with a strong balance sheet, which provides opportunities for future growth, as expressed by Kratz in his remarks about the company's potential [3].

Core Viewpoint - Helix Energy Solutions Group, Inc. is actively participating in several upcoming industry events, showcasing its commitment to engaging with investors and stakeholders in the offshore energy sector [1][6]. Company Overview - Helix Energy Solutions Group, Inc. is headquartered in Houston, Texas, and operates as an international offshore energy services company, focusing on well intervention, robotics, and decommissioning operations [2]. - The company's services are essential for supporting the global energy transition by maximizing production from existing oil and gas reserves, decommissioning end-of-life oil and gas fields, and aiding renewable energy developments [2]. Upcoming Events - Helix will participate in the TD Cowen 2nd Annual Energy Conference in New York on November 19, 2025 [6]. - The company is also set to attend the Daniel Energy Partners New York Executive Series at the Nasdaq MarketSite on December 3, 2025, and the Capital One Securities 20th Annual Energy Conference in New Orleans on December 9, 2025 [4][6]. Financial Performance - In the third quarter of 2025, Helix reported a net income of $22.1 million, or $0.15 per diluted share, a significant improvement from a net loss of $2.6 million, or $(0.02) per diluted share, in the second quarter of 2025 [7]. - The company achieved an Adjusted EBITDA of $103.7 million for the third quarter of 2025, compared to $42.4 million in the previous quarter [7].

Group 1 - The article does not provide any specific information or insights regarding a company or industry [1]

Core Insights - Helix Energy Solutions Group, Inc. will participate in the TD Cowen 2 Annual Energy Conference on November 19, 2025, in New York [1] - The company is an international offshore energy services provider focusing on well intervention, robotics, and decommissioning operations [2] Financial Performance - For Q3 2025, Helix reported a net income of $22.1 million, or $0.15 per diluted share, compared to a net loss of $2.6 million, or $(0.02) per diluted share, in Q2 2025 [3] - Adjusted EBITDA for Q3 2025 was $103.7 million, significantly up from $42.4 million in Q2 2025 [3] Contracts and Operations - Helix has been awarded a multi-year contract for production enhancement and well abandonment services in the U.S. Gulf of America, starting in 2026 [6] - The contract includes a minimum commitment of vessel utilization over three years, utilizing either the Q5000 or Q4000 riser-based well intervention vessel [6]

Group 1 - The focus has shifted from primarily tech stocks to include offshore drilling, supply industry, and shipping sectors such as tankers, containers, and dry bulk [1] - There is an emerging interest in the fuel cell industry, which is still in its nascent stage [1] Group 2 - The individual has a background in auditing with PricewaterhouseCoopers and transitioned to day trading nearly 20 years ago [2] - The experience includes navigating significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2]

Group 1 - The article does not provide any specific content or key points related to a company or industry [1]