Robotics and Decommissioning Operations
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Helix to Participate in Upcoming Event
Businesswireยท 2025-10-31 20:15
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]