HLX

Hornbeck Offshore Services, Inc. To Begin trading on NYSE Under "HOS" on September 2, 2026 HOUSTON and COVINGTON, La., Sept. 1, 2026 /PRNewswire/ -- Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) and Hornbeck Offshore Services, Inc. ("Hornbeck") today announced they have completed the previously announced combination in an all-stock transaction, establishing a premier integrated offshore services company.

Helix Energy Solutions (HLX) will merge with Hornbeck Offshore Services in an all-stock deal, forming a diversified offshore contractor under ticker HOS, pending a pivotal August 31, 2026 shareholder vote. HLX's Q2 2026 results showed EPS strength despite a revenue miss, with a return to core deepwater and subsea operations after divesting its Shallow Water Abandonment business. The combined entity will have a de-risked balance sheet, $717M in liquidity, ultra-low 0.1x net leverage, and targets $75M in annual synergies, positioning it for expanded project scope and resilience.

Helix Energy (HLX) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to a loss of $0.02 per share a year ago.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Higher oil prices are prompting energy companies to invest and the services stocks are benefitting.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The mean of analysts' price targets for Helix Energy (HLX) points to a 34.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

NEW YORK, May 05, 2026 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (“Helix”) (NYSE: HLX) announced today the sale of all of the equity interests of its Gulf of America-focused Shallow Water Abandonment business to C-Dive, LLC, a member of the Chouest group of companies, for $107.5 million cash at closing, to be adjusted for working capital and other transaction expenses. The divestiture, which was signed and closed May 1, follows Helix's recent announcement of its entry into a definitive agreement wi.