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Stock impact report

Helix Energy Solutions Group Q1 Earnings Call Highlights [Yahoo! Finance]

Helix Energy Solutions Group, Inc. (HLX) 
Last helix energy solutions group, inc. earnings: 4/22 06:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
million (adjusted EBITDA $32 million), but generated strong operating cash flow of $62 million and ended the quarter with $501 million in cash; the company maintained its 2026 guidance (revenue $1.2–$1.4 billion, EBITDA $230–$290 million, free cash flow $100–$160 million). The companies announced an all-stock merger giving Helix shareholders ~45% and Hornbeck shareholders ~55% of the combined company, which will trade as HOS and is expected to close in the second half of 2026, with management led by CEO Todd Hornbeck and projected to deliver at least $75 million of annual synergies within three years. The transaction creates a larger integrated offshore services platform with a pro forma fleet of about 73 vessels (fair market value ~$2.8 billion) and roughly $2 billion of backlog, aimed at broadening capabilities across well intervention, robotics, trenching, deepwater, renewables and defense to enable cross-selling and scale-driven cost efficiencies. Interested in Helix Energy Show less Read more
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