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Stock Market & Financial Investment News

News Breaks
December 13, 2012
13:59 EDTHLXHelix Energy expects sale to close in 1Q13, to use proceeds to repay debt
The transaction has an effective date of December 1 and is expected to close in 1Q13, customary closing conditions. The divestment of ERT is in line with Helix's strategy of focusing on providing Well Intervention and Robotics services, and Helix intends to use the proceeds from this transaction to repay debt as well as accelerate the company's plans to grow these businesses.
News For HLX From The Last 14 Days
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April 22, 2014
10:15 EDTHLXHelix Energy sees FY14 EPS $1.60-$1.70, consensus $1.59
Sees FY14 revenue $1.04B, consensus $1.02B. Sees FY14 EBITDA equal to or greater than $350M and CapEx about $400M. Total backlog as of March 31 was approximately $2.9B, of which approximately $2.7B is associated with the Contracting Services businesses. Sees 2014 utilization to remain strong for the well intervention fleet. Guidance and comments from slides for Q1 earnings presentation.
April 21, 2014
17:47 EDTHLXHelix Energy reports Q1 EPS 51c with items, consensus 33c
Reports Q1 revenue $253.57M, consensus $227.65M. First quarter results include a $10.5M gain on the sale of the former spoolbase facilities located in Ingleside, Texas, and a $7.2M insurance reimbursement settlement related to the former oil and gas business. These items contributed 11c of after-tax earnings per diluted share in the first quarter.

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