Helix Energy Solutions Group (NYSE:HLX – Get Free Report) posted its quarterly earnings results on Wednesday. The oil and gas company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02, RTT News reports. The business had revenue of $342.42 million for the quarter, compared to analysts’ expectations of $354.74 million. Helix Energy Solutions Group had a positive return on equity of 4.35% and a negative net margin of 0.49%. During the same period last year, the firm earned $0.19 earnings per share.
Helix Energy Solutions Group Stock Up 1.0 %
NYSE HLX traded up $0.09 during midday trading on Friday, hitting $9.34. 2,485,150 shares of the company traded hands, compared to its average volume of 1,831,553. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.08 and a quick ratio of 2.08. The company has a market cap of $1.42 billion, a PE ratio of -44.55 and a beta of 2.41. The company’s 50-day simple moving average is $10.38 and its 200-day simple moving average is $10.97. Helix Energy Solutions Group has a 52 week low of $8.82 and a 52 week high of $13.05.
Insider Buying and Selling at Helix Energy Solutions Group
In other news, CEO Owen E. Kratz sold 298,419 shares of the stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $11.92, for a total transaction of $3,557,154.48. Following the completion of the sale, the chief executive officer now owns 7,171,860 shares in the company, valued at approximately $85,488,571.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 6.37% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Research Report on Helix Energy Solutions Group
About Helix Energy Solutions Group
Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.
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