| Helix Energy reports 2Q loss | |
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HOUSTON (AP) _ Helix Energy Solutions Group Inc. (HLX) on Tuesday reported a loss of $10.7 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of 10 cents.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.
The offshore oil and gas services contractor posted revenue of $107.3 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $125.3 million.
Helix Energy shares have climbed 34 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.03, a decline of 38 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLX at http://www.zacks.com/ap/HLX
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Keywords: Helix Energy, Earnings Report
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Helix Energy Solutions
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CODE : HLX |
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ISIN : US42330P1075 |
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Helix is a and oil exploration company based in United states of america. Helix is listed in United States of America. Its market capitalisation is US$ 1.5 billions as of today (€ 1.5 billions). Its stock quote reached its lowest recent point on April 03, 2020 at US$ 0.99, and its highest recent level on November 14, 2024 at US$ 10.45. Helix has 148 079 552 shares outstanding. |