Helix Energy Solutions

Helix Energy Solutions Inc. (formerly known as Cal Dive International) is an American oil and gas services company. The Company is a global provider of offshore services in well intervention and ROV operations of new and existing oil and gas fields. Helix ESG is divided into four business units: Helix Well Ops, Canyon Offshore, Energy Resources Technology GOM and Production Facilities. Helix Well Ops is a provider of a range of well operation, subsea wireline and decommissioning services with specialist vessels and in-house developed equipment that includes the Subsea Intervention Lubricator and the Intervention Riser System. Its assets include purpose-built offshore units along with mobile equipment. Canyon Offshore is a supplier of subsea intervention services that operates ROV and trenching systems including over heavy work class systems and trenching and cable trenching systems along with support vessels. Helix Production Facilities unit participates with offshore oil and gas producers through negotiated contracting, infrastructure ownership, and reservoir equity interests.

Company Growth (employees)
Type
Public
HQ
Houston, US
Founded
1980
Size (employees)
1,474 (est)
Helix Energy Solutions was founded in 1980 and is headquartered in Houston, US

Helix Energy Solutions Office Locations

Helix Energy Solutions has offices in Houston, Dyce, Rio de Janeiro and Luxembourg
Houston, US (HQ)
400 3505 West Sam Houston Pkwy N
Luxembourg, LU
13 Avenue de la Liberté
Dyce, GB
Stoneywood Park

Helix Energy Solutions Financials and Metrics

Helix Energy Solutions Financials

Helix Energy Solutions's revenue was reported to be $487.6 m in FY, 2016
USD

Revenue (Q3, 2017)

163.3 m

Gross profit (Q3, 2017)

21.1 m

Gross profit margin (Q3, 2017), %

13%

Net income (Q3, 2017)

2.3 m

EBIT (Q3, 2017)

4.8 m

Market capitalization (13-Dec-2017)

975 m

Cash (30-Sep-2017)

356.9 m

EV

1 b
Helix Energy Solutions's current market capitalization is $975 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

876.6 m1.1 b695.8 m487.6 m

Revenue growth, %

26%(37%)(30%)

Cost of goods sold

615.9 m763.1 m584.6 m441.1 m

Gross profit

260.7 m344 m111.2 m46.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

220.1 m253.6 m305.6 m340.8 m189.6 m166 m182.5 m91 m107.3 m161.2 m104.5 m150.3 m163.3 m

Cost of goods sold

150.7 m177.7 m196.4 m214.6 m154.7 m141.8 m150.5 m108 m101.6 m121.1 m105.4 m132 m142.1 m

Gross profit

69.5 m75.8 m109.1 m126.2 m34.9 m24.2 m32 m(16.9 m)5.7 m40.2 m(825 k)18.4 m21.1 m

Gross profit Margin, %

32%30%36%37%18%15%18%(19%)5%25%(1%)12%13%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

478.2 m476.5 m494.2 m356.6 m

Current Assets

743.6 m694.3 m684 m522.8 m

PP&E

1.5 b1.7 b1.6 b1.7 b

Goodwill

63.2 m62.1 m45.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

480.2 m470.1 m501.5 m546.5 m415.3 m500.1 m468.9 m488.2 m492.2 m482.1 m537.7 m390.4 m356.9 m

Current Assets

738.9 m752.4 m818.3 m829.1 m620.3 m733 m696.4 m647.2 m645.3 m679 m657.9 m554.5 m531.4 m

PP&E

1.5 b1.5 b1.6 b1.6 b1.8 b1.9 b1.9 b1.6 b1.6 b1.6 b1.7 b1.7 b1.7 b

Goodwill

62.8 m63.3 m63.8 m62.8 m61.3 m62.3 m61.6 m45.1 m45.1 m45.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Depreciation and Amortization

98.5 m109.3 m120.4 m114.2 m

Accounts Receivable

(3.3 m)44 m36.4 m(22.4 m)

Cash From Operating Activities

104.9 m359.5 m110.8 m38.7 m

Capital Expenditures

(324.4 m)(336.9 m)(320.3 m)(186.5 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(27.8 m)(10.7 m)11.5 m(16.4 m)

Depreciation and Amortization

71.5 m24.7 m52.9 m81.3 m

Accounts Receivable

2 m(5.5 m)(40.7 m)(16.5 m)

Accounts Payable

80.1 m98.8 m75.8 m41.4 m48 m127.7 m74.7 m
USDY, 2017

EV/EBIT

212.6 x

Revenue/Employee

110.8 k

Financial Leverage

1.6 x
Show all financial metrics

Helix Energy Solutions Market Value History

Helix Energy Solutions's Web-traffic and Trends

Helix Energy Solutions Online and Social Media Presence

Helix Energy Solutions Company Life and Culture

You may also be interested in