| Helix Energy reports 4Q loss | |
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HOUSTON (AP) -- Helix Energy Solutions Group Inc. on Monday reported a loss of $54.4 million in its fourth quarter.
On a per-share basis, the Houston-based company said it had a loss of 46 cents. Losses, adjusted for asset impairment costs, were 5 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The offshore oil and gas services contractor posted revenue of $128 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $138.3 million.
For the year, the company reported that its loss narrowed to $81.4 million, or 73 cents per share. Revenue was reported as $487.6 million.
Helix Energy shares have declined 16 percent since the beginning of the year. The stock has more than doubled in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLX at https://www.zacks.com/ap/HLX
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Keywords: Helix Energy, Earnings Report
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Helix Energy Solutions
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CODE : HLX |
ISIN : US42330P1075 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Helix is a and oil exploration company based in United states of america. Helix is listed in United States of America. Its market capitalisation is US$ 1.6 billions as of today (€ 1.5 billions). Its stock quote reached its lowest recent point on April 03, 2020 at US$ 0.99, and its highest recent level on April 19, 2024 at US$ 10.82. Helix has 148 079 552 shares outstanding. |