NYSE$HLX
Helix Energy Solutions Group Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Helix reported first quarter 2021 results with a net loss and an adjusted EBITDA.
Helix Energy Solutions Group reported a net loss of $2.9 million, or $(0.02) per diluted share, for the first quarter 2021. Adjusted EBITDA was $36.2 million. The company benefited from the recommencement of operations of the Q7000 in Nigeria, an early start-up of the Well Enhancer, and improved cost structure in the Robotics segment.
- Net loss of $2.9 million, or $(0.02) per diluted share, for the first quarter 2021.
- Adjusted EBITDA of $36.2 million in the first quarter 2021.
- Revenues for the first quarter 2021 were $163.415 million.
- Cash and cash equivalents totaled $204.8 million at the end of the quarter.
Headline financials
Revenue & EPS history
Helix · Revenue · Quarterly
$163M
Revenue by segment
Helix · $172M total across 3 segments · Q1 2021
- Well Intervention$134M-4.9%77.6%
- Robotics$22.2M-37.2%12.9%
- Production Facilities$16.4M+5.8%9.5%
Forward guidance
Although we expect 2021 to be another challenging year as our Well Intervention group shifts more to the spot market, we should remain poised to benefit when the market returns.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+1.9%
Avg return
Earnings day
+2.3%
Avg return
5 days after
+1.9%
Avg return
30 days after
52%
36 / 69 earnings
Positive
+25.2%
Q4 2015
Best reaction
-18.5%
Q2 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.0% | +4.1% | +3.8% | |
| Q4 2025 | +15.1% | +1.3% | +11.1% | |
| Q3 2025 | +4.7% | +1.5% | -3.0% | |
| Q2 2025 | -0.3% | -0.7% | +8.4% | |
| Q1 2025 | -0.5% | -6.2% | -7.1% | |
| Q4 2024 | +9.6% | +9.8% | +8.8% | |
| Q3 2024 | -4.7% | -2.8% | +17.0% | |
| Q2 2024 | -1.4% | -10.1% | -13.1% | |
| Q1 2024 | +1.3% | +0.1% | +0.4% | |
| Q4 2023 | -10.3% | -5.8% | +6.5% | |
| Q3 2023 | +0.4% | -4.9% | -11.6% | |
| Q2 2023 | +10.2% | +12.5% | +10.2% | |
| Q1 2023 | -5.9% | -5.4% | -11.0% | |
| Q4 2022 | +12.1% | +7.7% | -2.6% | |
| Q3 2022 | +9.3% | +37.1% | +32.7% | |
| Q2 2022 | +21.8% | +54.8% | +67.4% | |
| Q1 2022 | -11.6% | -14.7% | -5.6% | |
| Q4 2021 | -3.7% | -4.2% | +16.5% | |
| Q3 2021 | -3.3% | -2.4% | -23.1% | |
| Q2 2021 | -5.9% | -5.9% | -14.1% | |
| Q1 2021 | -6.3% | -4.0% | +11.2% | |
| Q4 2020 | -3.8% | -1.0% | -0.4% | |
| Q3 2020 | +1.9% | -4.5% | +23.7% | |
| Q2 2020 | +23.7% | +13.5% | -8.7% | |
| Q1 2020 | +8.4% | +3.2% | +66.5% | |
| Q4 2019 | -13.5% | -18.7% | -74.1% | |
| Q3 2019 | +11.6% | +12.0% | +1.1% | |
| Q2 2019 | -0.9% | +0.5% | -18.9% | |
| Q1 2019 | +2.4% | -5.8% | -12.9% | |
| Q4 2018 | -7.2% | +0.0% | +8.4% | |
| Q3 2018 | -3.5% | -17.7% | -23.9% | |
| Q2 2018 | +3.2% | +14.1% | +5.2% | |
| Q1 2018 | +8.6% | +21.1% | +20.2% | |
| Q4 2017 | -9.5% | -5.2% | -12.8% | |
| Q3 2017 | -8.4% | -10.1% | -11.7% | |
| Q2 2017 | +7.0% | +12.8% | +7.9% | |
| Q1 2017 | -14.5% | -13.7% | -17.8% | |
| Q4 2016 | +14.7% | +9.2% | -4.0% | |
| Q3 2016 | +4.1% | +5.8% | +3.7% | |
| Q2 2016 | +14.3% | +15.9% | +23.4% | |
| Q1 2016 | +17.0% | — | — | |
| Q4 2015 | +25.2% | — | — | |
| Q3 2015 | +23.4% | — | — | |
| Q2 2015 | -18.5% | — | — | |
| Q1 2015 | +3.0% | — | — | |
| Q4 2014 | -12.9% | — | — | |
| Q3 2014 | +9.3% | — | — | |
| Q2 2014 | +8.7% | — | — | |
| Q1 2014 | +2.1% | — | — | |
| Q4 2013 | +2.3% | — | — | |
| Q3 2013 | -2.7% | — | — | |
| Q2 2013 | -0.4% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | -6.2% | — | — | |
| Q3 2012 | -8.6% | — | — | |
| Q2 2012 | -6.1% | — | — | |
| Q1 2012 | +6.7% | — | — | |
| Q4 2011 | +3.5% | — | — | |
| Q3 2011 | +7.6% | — | — | |
| Q2 2011 | -5.2% | — | — | |
| Q1 2010 | -1.4% | — | — | |
| Q1 2011 | +0.8% | — | — | |
| Q4 2008 | +8.5% | — | — | |
| Q4 2010 | +8.5% | — | — | |
| Q3 2010 | -3.1% | — | — | |
| Q3 2009 | -3.1% | — | — | |
| Q2 2010 | -0.7% | — | — | |
| Q4 2009 | -0.7% | — | — | |
| Q2 2009 | -0.7% | — | — |
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