Business Update
Published Wed, Sep 4 2024 5:28 AM UTC
In a significant development for the offshore oil and gas sector, Helix Energy Solutions Group, Inc. (NYSE: HLX) has announced a multi-year contract with Shell Offshore Inc., set to commence in 2025. This agreement marks a pivotal moment for Helix as the company continues to establish its presence in the Gulf of Mexico (GoM) and reinforces its commitment to providing advance...
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Business Update
Published Wed, Aug 28 2024 5:02 AM UTC
Helix Energy Solutions Secures Long-Term Contracts with Petrobras Amidst Market StrugglesHelix Energy Solutions Group Inc. (NYSE: HLX) has recently been awarded new long-term well intervention contracts with Brazilian oil giant Petrobras for its specialized vessels, the Siem Helix 1 and Siem Helix 2. This strategic partnership is a significant development for Helix as it co...
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Business Update
Published Mon, Aug 5 2024 8:40 AM UTC
Helix Energy Solutions Group, Inc. (NYSE: HLX) announced the amendment of its existing asset-based revolving credit facility (ABL Facility) on August 2, 2024, a decision that underscores the company s commitment to bolstering its financial position amid fluctuating market conditions.The amendment extends the term of the ABL Facility from the previously established expiration...
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Business Update
Published Sun, Aug 4 2024 8:06 AM UTC
In a significant move reflecting its commitment to financial flexibility and growth, Helix Energy Solutions Group, Inc. (NYSE: HLX) announced a series of key financial maneuvers designed to bolster its position in the energy sector. On August 2, 2024, the company confirmed the amendment of its existing asset-based revolving credit facility (ABL Facility), extending the agree...
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Business Update
Published Sat, Aug 3 2024 6:12 AM UTC
Helix Energy Solutions Group Bolsters Financial Flexibility with Credit Facility Extension Helix Energy Solutions Group, Inc. (NYSE: HLX), a leader in subsea energy services, has announced a significant amendment to its existing asset-based revolving credit facility (ABL Facility). This move, effective as of August 2, 2024, is poised to provide the company with enhanced fina...
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Intercompany Eliminations |
|
4.99 % |
of total Revenue |
Well Intervention Reportable Segments |
|
53.46 % |
of total Revenue |
Well Intervention Intercompany Eliminations |
|
-2.36 % |
of total Revenue |
Robotics Reportable Segments |
|
24.74 % |
of total Revenue |
Robotics Intercompany Eliminations |
|
-2.63 % |
of total Revenue |
Shallow Water Abandonment Reportable Segments |
|
20.95 % |
of total Revenue |
Shallow Water Abandonment Intercompany Eliminations |
|
-0.01 % |
of total Revenue |
Production Facilities Reportable Segments |
|
6.06 % |
of total Revenue |
Production maximization |
|
41.5 % |
of total Revenue |
Production maximization Intercompany Eliminations |
|
-2.87 % |
of total Revenue |
Production maximization Well Intervention Reportable Segments |
|
28.05 % |
of total Revenue |
Production maximization Robotics Reportable Segments |
|
10.11 % |
of total Revenue |
Production maximization Shallow Water Abandonment Reportable Segments |
|
0.14 % |
of total Revenue |
Production maximization Production Facilities Reportable Segments |
|
6.06 % |
of total Revenue |
Decommissioning |
|
44.85 % |
of total Revenue |
Decommissioning Intercompany Eliminations |
|
-1.02 % |
of total Revenue |
Decommissioning Well Intervention Reportable Segments |
|
24.25 % |
of total Revenue |
Decommissioning Robotics Reportable Segments |
|
0.8 % |
of total Revenue |
Decommissioning Shallow Water Abandonment Reportable Segments |
|
20.81 % |
of total Revenue |
Renewables |
|
12.53 % |
of total Revenue |
Renewables Intercompany Eliminations |
|
-0.91 % |
of total Revenue |
Renewables Well Intervention Reportable Segments |
|
0.91 % |
of total Revenue |
Renewables Robotics Reportable Segments |
|
12.53 % |
of total Revenue |
Other |
|
1.34 % |
of total Revenue |
Other Intercompany Eliminations |
|
-0.2 % |
of total Revenue |
Other Well Intervention Reportable Segments |
|
0.24 % |
of total Revenue |
Other Robotics Reportable Segments |
|
1.3 % |
of total Revenue |
Short-term |
|
68.03 % |
of total Revenue |
Short-term Intercompany Eliminations |
|
-0.01 % |
of total Revenue |
Short-term Well Intervention Reportable Segments |
|
38.09 % |
of total Revenue |
Short-term Robotics Reportable Segments |
|
14.31 % |
of total Revenue |
Short-term Shallow Water Abandonment Reportable Segments |
|
15.63 % |
of total Revenue |
Long-term |
|
32.19 % |
of total Revenue |
Long-term Intercompany Eliminations |
|
-4.98 % |
of total Revenue |
Long-term Well Intervention Reportable Segments |
|
15.37 % |
of total Revenue |
Long-term Robotics Reportable Segments |
|
10.43 % |
of total Revenue |
Long-term Shallow Water Abandonment Reportable Segments |
|
5.32 % |
of total Revenue |
Long-term Production Facilities Reportable Segments |
|
6.06 % |
of total Revenue |
Intercompany Eliminations Well Intervention |
|
2.36 % |
of total Revenue |
Intercompany Eliminations Robotics |
|
2.63 % |
of total Revenue |
Intercompany Eliminations Shallow Water Abandonment |
|
0.01 % |
of total Revenue |