Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/866829/000086682918000024/hlx09302018-10q.htm
November 2022
October 2022
September 2022
September 2022
July 2022
July 2022
May 2022
May 2022
May 2022
May 2022
![]() | PRESSRELEASE www.HelixESG.com |
For Immediate Release | 18-020 | ||
Date: October 22, 2018 | Contact: | Erik Staffeldt | |
Senior Vice President & CFO |
Three Months Ended | Nine Months Ended | ||||||||||||||||||
9/30/2018 | 9/30/2017 | 6/30/2018 | 9/30/2018 | 9/30/2017 | |||||||||||||||
Revenues | $ | 212,575 | $ | 163,260 | $ | 204,625 | $ | 581,462 | $ | 418,117 | |||||||||
Gross Profit | $ | 51,993 | $ | 21,141 | $ | 42,897 | $ | 107,873 | $ | 38,683 | |||||||||
24 | % | 13 | % | 21 | % | 19 | % | 9 | % | ||||||||||
Net Income (Loss) | $ | 27,121 | $ | 2,290 | $ | 17,784 | $ | 42,345 | $ | (20,528 | ) | ||||||||
Diluted Earnings (Loss) Per Share | $ | 0.18 | $ | 0.02 | $ | 0.12 | $ | 0.29 | $ | (0.14 | ) | ||||||||
Adjusted EBITDA 1 | $ | 58,636 | $ | 30,452 | $ | 52,269 | $ | 138,471 | $ | 74,801 | |||||||||
Cash and cash equivalents | $ | 325,092 | $ | 356,889 | $ | 288,490 | $ | 325,092 | $ | 356,889 | |||||||||
Cash flows from operating activities | $ | 63,161 | $ | 15,722 | $ | 46,620 | $ | 150,827 | $ | 31,323 |
Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/866829/000086682918000024/hlx09302018-10q.htm
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Helix Energy Solutions Group Inc.
Helix Energy Solutions Group Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:
Rating
Learn More![]()
Our selling, general and administrative expenses increased by $4.4 million for the three-month period ended September 30, 2018 primarily attributable to increased costs associated with our employee share-based compensation awards that are linked to our stock price Note 11.
Our total gross profit increased by 146% for the three-month period ended September 30, 2018 as compared to the same period in 2017 reflecting improvements in our Well Intervention and Robotics business segments.
Our total gross profit increased by 179% for the nine-month period ended September 30, 2018 as compared to the same period in 2017 reflecting improvements across all business segments.
Other companies may calculate their measures of EBITDA, Adjusted EBITDA and free cash flow differently from the way we do, which may limit their usefulness as comparative measures.
Even though the Q5000 was 86% utilized during the first nine months of 2018 as compared to being 88% utilized during the same period in 2017, the vessel earned higher revenue as a result of achieving higher rates in 2018.
Our Production Facilities revenues decreased...Read more
Accordingly, these revenues are constrained...Read more
Total cash flows from operating...Read more
We believe that focusing on...Read more
Our net interest expense decreased...Read more
To arrive at our measure...Read more
In accordance with our Credit...Read more
Increased supply without adequate levels...Read more
The gross profit related to...Read more
The addition of the 15K...Read more
The decrease in net interest...Read more
The gross profit related to...Read more
Total cash flows from financing...Read more
Thus, we believe that fundamentals...Read more
EBITDA, Adjusted EBITDA and free...Read more
Our selling, general and administrative...Read more
Cash inflows from financing activities...Read more
The total transaction price for...Read more
The reconciliation of our net...Read more
The variance primarily reflects increased...Read more
Our total net revenues increased...Read more
Our total net revenues increased...Read more
We define EBITDA as earnings...Read more
The increase primarily reflects higher...Read more
The increase primarily reflects higher...Read more
Revenue for lump sum contracts...Read more
A prolonged period of weak...Read more
In January 2015, Helix, OneSubsea...Read more
The estimated amount of variable...Read more
Our Well Intervention revenues increased...Read more
Our Well Intervention revenues increased...Read more
This strategy is based on...Read more
In the North Sea, revenue...Read more
Pursuant to the contract and...Read more
statements regarding the acquisition, construction,...Read more
Robotics revenues increased by 15%...Read more
Robotics revenues increased by 18%...Read more
We define free cash flow...Read more
These letters of credit may...Read more
EBITDA and free cash flow...Read more
Capital expenditures represent cash paid...Read more
The resulting weak industry environment...Read more
Under the cost-to-cost measure of...Read more
We generally use the cost-to-cost...Read more
Our net interest expense decreased...Read more
the results of our continuing...Read more
The effective tax rate was...Read more
The effective tax rate was...Read more
We believe that our cash...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Helix Energy Solutions Group Inc provided additional information to their SEC Filing as exhibits
Ticker: HLX
CIK: 866829
Form Type: 10-Q Quarterly Report
Accession Number: 0000866829-18-000024
Submitted to the SEC: Wed Oct 24 2018 5:20:06 PM EST
Accepted by the SEC: Wed Oct 24 2018
Period: Sunday, September 30, 2018
Industry: Oil And Gas Field Services