Helix Energy Solutions Group Inc (HLX) : Selz Capital scooped up 42,000 additional shares in Helix Energy Solutions Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 142,000 shares of Helix Energy Solutions Group Inc which is valued at $1,126,060.Helix Energy Solutions Group Inc makes up approximately 0.31% of Selz Capital’s portfolio.
Other Hedge Funds, Including , Simplex Trading added HLX to its portfolio by purchasing 36,277 company shares during the most recent quarter which is valued at $283,686. Helix Energy Solutions Group Inc makes up approx 0.04% of Simplex Trading’s portfolio.Cutler Group Lp boosted its stake in HLX in the latest quarter, The investment management firm added 18,110 additional shares and now holds a total of 31,437 shares of Helix Energy Solutions Group Inc which is valued at $222,574. Helix Energy Solutions Group Inc makes up approx 0.02% of Cutler Group Lp’s portfolio.
Helix Energy Solutions Group Inc opened for trading at $6.96 and hit $7.98 on the upside on Wednesday, eventually ending the session at $7.82, with a gain of 11.24% or 0.79 points. The heightened volatility saw the trading volume jump to 38,66,483 shares. Company has a market cap of $841 M.
On the company’s financial health, Helix Energy Solutions Group Inc reported $-0.10 EPS for the quarter, based on the information available during the earnings call on Jul 19, 2016. Analyst had a consensus estimate of $-0.10. The company had revenue of $107.20 million for the quarter, compared to analysts expectations of $130.17 million. The company’s revenue was down -35.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.03 EPS.
Helix Energy Solutions Group Inc. is an international offshore energy services company. The Company operates in four business segments: Well Intervention Robotics Production Facilities and Subsea Construction. Well Intervention segment includes its vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions. Its well intervention vessels include the Q4000 the Helix 534 the Seawell the Well Enhancer and the Skandi Constructor which is a chartered vessel. The Robotics segment operates four chartered vessels and also includes ROVs trenchers and ROVDrills designed to offshore subsea construction and well intervention services. The Company’s Production Facilities segment which include the Helix Producer I (HP I) which is a floating production vessel. Its subsea construction operations included the use of umbilical lay and pipelay vessels and ROVs to develop fields in the deepwater.