| Helix Energy reports 1Q loss | |
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HOUSTON (AP) _ Helix Energy Solutions Group Inc. (HLX) on Tuesday reported a first-quarter loss of $27.8 million, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of 26 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.
The offshore oil and gas services contractor posted revenue of $91 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $101.7 million.
Helix Energy shares have risen 38 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.28, a fall of 54 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLX at http://www.zacks.com/ap/HLX
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Keywords: Helix Energy, Earnings Report
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Helix Energy Solutions
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CODE : HLX |
ISIN : US42330P1075 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Helix is a and oil exploration company based in United states of america. Helix is listed in United States of America. Its market capitalisation is US$ 1.6 billions as of today (€ 1.4 billions). Its stock quote reached its lowest recent point on April 03, 2020 at US$ 0.99, and its highest recent level on October 10, 2024 at US$ 10.69. Helix has 148 079 552 shares outstanding. |