Helix Energy Solutions Group, Inc.
In the published model solve dated 2026-Q2, anchored at $10.75, Helix Energy Solutions Group, Inc. (HLX) is priced for +20.5% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Helix provides offshore well intervention, robotics, and well-abandonment services in waters its 10-K describes as ranging from ⟦100 to 10,000 feet⟧, with the unusual feature that decommissioning aging oil and gas fields is now a structural source of demand alongside maximizing existing production. • The biggest near-term swing factor is the pending merger with Hornbeck Offshore, which management expects to generate $75 million or more of annual revenue and cost synergies within three years; i
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263 institutional managers reported holding HLX in 13F filings for the quarter ended 2026-03-31. Together they hold about 88% of the company; the top 10 hold 53%. 35 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 7.3M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (6.5 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
HLX has cut its share count 1.9% over the past five years, spending $41.61M on repurchases. It pays no dividend. Cash returned over the past three years: $31.55M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at HLX over the trailing three years. Absence is a fact about the company, not a signal. 11 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
HLX's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-28 | +10.7% | +16.8% |
| 2023-10-26 | -0.8% | +3.8% |
| 2024-03-01 | -11.7% | +14.4% |
| 2024-04-27 | +2.8% | +5.5% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.