Sector Alpha Week of 2026-08-05
Sector Alpha — machine-written from the numbers · Data as of 2026-08-05

Helix Energy Solutions Group, Inc.

HLX
Energy · Oil & Gas Equipment & Services

Helix Energy Solutions Group, Inc.'s price has outrun its earnings. +63.3% in a year against EPS −41.7% — the market is paying now for delivery later.

The sharpest disagreement: the price moved +63.3% in a year while annual EPS moved −41.7% — the difference is re-rating, and re-rating has to be repaid with earnings.

The price is between stages while the P/E sits at the 91st percentile of its own 1-year range. Underneath, the last four quarters read mixed, and 367% of the last 2 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.

Price
$9.6
+63.3% 1Y
P/E
98.7×
91st pctile
of its own 1-year range
Revenue (Mar 26)
$0.3 B
+3.6% YoY
Profit (Mar 26)
$−0.0 B
Operating margin
−3.4%
−7.0 pp YoY
ROE
1%
FY25
ROIC
2.3%
vs WACC 8.4% → −6.1 pp
Cash conversion
367%
of profit, last 2 FY
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Helix Energy Solutions Group, Inc. trades at $9.6, between stages. That is +13.5% against its own 200-day average. It sits at 85% of a 52-week range of $6 to $10. On relative strength it is currently behind the S&P 500 on a trailing-13-week view (11 weeks and counting).

Today the stock is between stages. At $9.6 it trades +13.5% versus its 200-day average and sits at 85% of its 52-week range ($6–$10).

Aug 26: $9.6 Weekly closing price ($) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 1-year window.
+13.5% versus the 200-day line, week — of stage —
Price50-day avg200-day avg
$10.7$9.3$8.0$6.7$5.4$$10$9Jul 25Oct 25Jan 26May 26Aug 26
$10.7$9.3$8.0$6.7$5.4$$10$9Jul 25Jan 26Aug 26
Beating or trailing, week by week since 2025 Each cell is one week from 2025 to now (57 weeks): the stock's trailing 13-week return minus the S&P 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the S&P 500 reading is not held.
trailing 13-week return vs the S&P 500
Jul 25Aug 26

Against the market, two honest reads. Cumulative: over the last 1.1 years the stock moved +47% while the S&P 500 moved +24% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (11 weeks and counting; last ahead the week of 2026-05-22) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of $1 of annual profit: how many dollars the market pays for each dollar the company earns in a year.

Helix Energy Solutions Group, Inc. trades at 98.7× P/E, at the pricey end of its own range (91st percentile). Its long-run median P/E is 35.8×, measured across 1.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 98.7× is at the pricey end of its own range (91st percentile), against a long-run median of 35.8× measured over 1.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 98.7× vs a 35.8× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly step line (right axis). 1.1-year window; loss-period spikes above 101× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (91st percentile)
P/EMedianEPS (TTM) (quarterly)
107.4×$0.3583.4×$0.2659.3×$0.1735.3×$0.0911.2×$0.00×$96.00×$0Jul 25Oct 25Jan 26May 26Aug 26
107.4×$0.3583.4×$0.2659.3×$0.1735.3×$0.0911.2×$0.00×$96.00×$0Jul 25Jan 26Aug 26
PEG 0.92 PEG ratio per quarter — the P/E divided by the earnings-growth rate. The dashed line marks 1.0: below it the growth is cheap against the multiple, above it the price already prices the growth in. Last 19 quarters.
below 1.0, the growth looks cheap against the multiple
PEGPEG = 1.0
1.01×0.98×0.96×0.94×0.91××0.92×Sep 21Sep 22Dec 23Dec 24Mar 26
1.01×0.98×0.96×0.94×0.91××0.92×Sep 21Dec 23Mar 26
P/E
98.7×
91st percentile of 1y
PEG
2.51
derived from 3-year earnings growth

🚨 Why the multiple sits where it does: over the past year annual EPS moved −41.7% against a +63.3% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Helix Energy Solutions Group, Inc. reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 12 quarters across 2 curves, on partial evidence.

Growth, year by year: revenue −5.1% in FY25, profit −50.0% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
53%−41%37%−43%22%−46%6.1%−48%−9.4%−51%%%−5.1%−50%FY21FY23FY25
53%−41%37%−43%22%−46%6.1%−48%−9.4%−51%%%−5.1%−50%FY21FY23FY25
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue stabilising
RevenueProfitEPS
76%332%53%216%31%100%7.8%−16%−15%−132%%%−3%−50%−81.8%Jun 23Sep 24Mar 26
76%332%53%216%31%100%7.8%−16%−15%−132%%%−3%−50%−81.8%Jun 23Sep 24Mar 26
ROCE Trailing-twelve-month operating profit (before interest and tax) as a share of average capital employed — total assets minus current liabilities, the standard textbook basis, %.
the return curve, computed quarterly
ROCE
6.1%4.7%3.4%2.0%0.6%%2.2%Jun 23Dec 23Sep 24Jun 25Mar 26
6.1%4.7%3.4%2.0%0.6%%2.2%Jun 23Sep 24Mar 26
Revenue growth
Flat
latest −3.0% · span −8.6% to +69.7%
ROCE
Stuck low
latest 2.2% · span 1.0%–5.7%

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; stock price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue−5.1%+14.0%
Profit−50.0%
EPS−41.7%
Stock price+63.3%
Revenue YoY (Mar 26)
+3.6%
latest quarter vs a year ago
Revenue 10y
17.8%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

31.0/100 — rank 26 of 30 in Oil & Gas Equipment & Services · 65% evidence confidence

Helix Energy Solutions Group, Inc. scores 31.0 out of 100 against the 30 companies it is compared with in Oil & Gas Equipment & Services, ranking 26. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 6.7 + 4 + 8.7 + 11.6 = 31. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Helix Energy Solutions Group, Inc. reported $0.3 B of revenue in the Mar 26 quarter, +3.6% year on year. Over 4 years it has compounded at 17.8% a year. The last full year, FY25, came in at $1.3 B. The last four reported quarters add to $1.3 B.

FY25 revenue came in at $1.3 B (−5.1% on the year), capping 4 years at 17.8% compound. The latest quarter (Mar 26) printed $0.3 B, +3.6% year on year.

FY25 revenue $1.3 B (−5.1% YoY) Revenue bars, $ B (left); YoY growth-% line (right). 5-year window. A bar is red when it is lower than the year before.
17.8% a year over 4 years
RevenueYoY growth
1.553%1.137%0.722%0.46.1%0.0−9.4%$ B%$1B−5.1%FY21FY23FY25
1.553%1.137%0.722%0.46.1%0.0−9.4%$ B%$1B−5.1%FY21FY23FY25
Mar 26: $0.3 B (+3.6% YoY) Quarterly revenue bars, $ B (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
0.4103%0.371%0.239%0.16.5%0.0−26%$ B%$0B3.6%Jun 23Sep 24Mar 26
0.4103%0.371%0.239%0.16.5%0.0−26%$ B%$0B3.6%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged −2.4% growth against the decade's 17.8% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew −3.0% over the last 4 quarters against −1.9%/yr over the last 8 — stabilising.

06 · Operating margin

Operating margin Operating margin is what is left of every $100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Helix Energy Solutions Group, Inc.'s operating margin is −3.4% in the Mar 26 quarter, −7.0 percentage points against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged −7.5% to 9.6%. The current quarter sits inside that band.

The latest quarter's operating margin is −3.4%, −7.0 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged −7.5%–9.6%.

🚨 Why the margin moved: operating margin went −7.0 pp year on year while gross margin went −7.3 pp — the loss came mostly from the gross line: input costs and pricing.

FY25: 5.4% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 5-year window.
within a −7.5–9.6% band over 5 years
operating marginYoY change (pp)
11%10%6.0%6.5%1.1%2.6%−3.9%−1.4%−8.9%−5.3%%%5.4%−4.2%FY21FY23FY25
11%10%6.0%6.5%1.1%2.6%−3.9%−1.4%−8.9%−5.3%%%5.4%−4.2%FY21FY23FY25
Mar 26: −3.4% operating margin (−7.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
15%22%10%12%5.3%2.6%0.2%−7.0%−4.8%−17%%%−3.4%−7%Jun 23Sep 24Mar 26
15%22%10%12%5.3%2.6%0.2%−7.0%−4.8%−17%%%−3.4%−7%Jun 23Sep 24Mar 26
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Helix Energy Solutions Group, Inc. posted a net loss of $0.01 B in the Mar 26 quarter. Full-year FY25 profit was $0.0 B. That loss is 3.4% of the quarter's revenue. The same quarter a year earlier earned $0.0 B. 3 of the last 12 reported quarters were loss-making.

Mar 26 profit was $−0.0 B, null year on year. On the full year, FY25 printed $0.0 B (−50.0%).

FY25 profit $0.0 B (−50.0% YoY) Net profit bars, $ B (left); YoY growth-% line (right). 5-year window. A bar is red when it is lower than the year before.
Net profitYoY growth
0.07−48.8%0.03−49.4%−0.01−50.0%−0.06−50.6%−0.10−51.2%$ B%$0B−50%FY21FY23FY25
0.07−48.8%0.03−49.4%−0.01−50.0%−0.06−50.6%−0.10−51.2%$ B%$0B−50%FY21FY23FY25
Mar 26: $−0.0 B (null YoY) Quarterly net profit bars, $ B (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
0.03224%0.02137%0.0050%−0.02−37%−0.03−124%$ B%$0B−50%Jun 23Sep 24Mar 26
0.03224%0.02137%0.0050%−0.02−37%−0.03−124%$ B%$0B−50%Jun 23Sep 24Mar 26

Pace comparison, last four quarters: profit −61.1% vs revenue −2.4%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 2 fiscal years 367% of Helix Energy Solutions Group, Inc.'s reported profit arrived as operating cash — the cash follows the profit. In FY25 that was $0.1 B of operating cash against $0.0 B of profit. After $0.0 B of capital spending, $0.1 B was left as free cash.

FY25: operating cash of $0.1 B against reported profit of $0.0 B, leaving free cash of $0.1 B after $0.0 B of capital spending. Across the last 2 fiscal years the conversion rate is 367% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY25: CFO $0.1 B vs profit $0.0 B Operating cash flow and net profit by fiscal year, $ B; the line is free cash flow (CFO minus capital spending). 5-year window, annual resolution.
367% of 2-year profit arrived as cash
Operating cashNet profitFree cash
0.210.130.05−0.03−0.11$ B$0B$0B$0BFY21FY23FY25
0.210.130.05−0.03−0.11$ B$0B$0B$0BFY21FY23FY25
Mar 26: operating cash $0.1 B Operating cash per quarter, $ B (bars); conversion = operating cash as % of net profit (line, right). Last 12 quarters. Dashed line = 100%.
Operating cash (quarterly)Conversion100%
0.121,191%0.08862%0.04534%0.01205%−0.03−124%$ B%$0B1,100%Jun 23Sep 24Mar 26
0.121,191%0.08862%0.04534%0.01205%−0.03−124%$ B%$0B1,100%Jun 23Sep 24Mar 26

Why: conversion is measured cleanly, but the working-capital day-counts behind it sit below what we hold — the move is shown without inventing its driver.

Router verdict: the visible cash user is investment — the next section checks what the spending is buying.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Helix Energy Solutions Group, Inc. does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Capital spending ran $0.0 B over the last 3 years. Averaged over those years that is 0.0% of FY25 revenue a year.

Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.

On the investment side: capital spending of $0.0 B over the last 3 fiscal years.

FY25: capex $0.0 B Capital spending per fiscal year, $ B (bars).
steady investment
Capex
0.0320.0240.0160.0080.000$ B$0BFY21FY23FY25
0.0320.0240.0160.0080.000$ B$0BFY21FY23FY25
Mar 26: capex $0.0 B in the quarter Capital spending per quarter, $ B (bars, left); free cash flow, $ B (line, right). Last 12 quarters.
Capex (quarterly)Free cash
0.0110.120.0080.080.0050.040.0030.010.000−0.03$ B$ B$0B$0BJun 23Sep 24Mar 26
0.0110.120.0080.080.0050.040.0030.010.000−0.03$ B$ B$0B$0BJun 23Sep 24Mar 26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

10 · Return on equity

Return on equity Return on equity (ROE) is the profit the business earns on its shareholders’ money. With the full capital-employed split not in our numbers, ROE is the cleanest long ladder we can draw here.

Helix Energy Solutions Group, Inc. earns a ROE of 2% in FY25. That is up from a trough of −6% in FY22. Return on invested capital clears the cost of that capital by −6.1 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 2.3% net margin on 0.49× asset turns.

FY25 ROE is 2%, recovered from a FY22 trough of −6% — the full ladder below shows the fall and the climb, undoctored.

🚨 Why the return is what it is — the wiring (FY25): 2.3% net margin × 0.49× asset turns × 1.66× balance-sheet leverage ≈ 1.9% on equity. Margin does its share; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: 2.3% − 8.4% = a −6.1 pp spread. The 8.4% is an estimate of this company's own cost of capital — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.

FY25: ROE 2% Return on equity by fiscal year, % (line); ROIC by fiscal year, % (line). 5-year window, dips included. Dashed line = the 8.4% cost of capital used on this page.
the climb back from FY22's −6%
ROEROIC (annual)WACC
9.5%5.4%1.3%−2.9%−7.0%%1.9%2.6%FY21FY23FY25
9.5%5.4%1.3%−2.9%−7.0%%1.9%2.6%FY21FY23FY25
Mar 26: ROIC 1.6% (TTM) vs WACC 8.4% Trailing-twelve-month ROIC and ROE, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROIC (TTM)ROE (TTM)WACC
9.2%6.2%3.1%0.0%−3.0%%1.6%0.8%Jun 23Sep 24Mar 26
9.2%6.2%3.1%0.0%−3.0%%1.6%0.8%Jun 23Sep 24Mar 26
11 · Dividend

Dividend

Helix Energy Solutions Group, Inc. pays no dividend. Across the last 12 reported quarters it has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings rather than distribute them, which makes the cash-flow and reinvestment sections the place that cash shows up.

Helix Energy Solutions Group, Inc. does not currently pay a dividend. Across the last 12 reported quarters the company has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings instead of distributing them.

12 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

Helix Energy Solutions Group, Inc. carries total debt of $0.6 B against shareholder equity of $1.6 B as of Mar 26, a debt-to-equity of 0.40. On the annual view that ratio went from 0.25 in FY21 to 0.40 in FY25. Read the returns elsewhere on this page with that leverage in mind.

Mar 26: total debt of $0.6 B against shareholder equity of $1.6 B — a debt-to-equity of 0.40. On the annual view, debt-to-equity went from 0.25 (FY21) to 0.40 (FY25). Read the returns on this page with that leverage in mind.

FY25: debt $0.6 B at 0.40× equity Total debt by fiscal year, $ B (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
0.70.44×0.50.39×0.40.34×0.20.29×0.00.24×$ B×$1B0.40×FY21FY23FY25
0.70.44×0.50.39×0.40.34×0.20.29×0.00.24×$ B×$1B0.40×FY21FY23FY25
Mar 26: debt $0.6 B, debt-to-equity 0.40 Total debt per quarter, $ B (bars); debt-to-equity, × (line). Last 12 quarters.
Total debt (quarterly)Debt-to-equity
0.70.49×0.60.43×0.40.37×0.20.31×0.00.25×$ B×$1B0.40×Jun 23Sep 24Mar 26
0.70.49×0.60.43×0.40.37×0.20.31×0.00.25×$ B×$1B0.40×Jun 23Sep 24Mar 26
13 · Ownership

Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.

5.3% of Helix Energy Solutions Group, Inc.'s tradable float is currently sold short — some money is positioned against it. At typical trading volumes those positions would take about 4.2 days to buy back. There is no quarter-by-quarter holder register to read for this filer, so the crowd is read through short interest instead.

The latest reading: 5.3% of the float is sold short, and at typical trading volumes it would take about 4.2 days to buy those positions back. Some money is positioned against it. This is a single point-in-time reading — we do not yet hold its history, so we show no trend chart.

Short interest
5.3%
of the tradable float
Days to cover
4.2
at typical volumes

Why it sits there: who is doing the shorting, and why, does not travel with the number — the level is shown without inventing its story.

14 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Helix Energy Solutions Group, Inc.: the Z-score reads 1.66. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits inside the distress zone. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.

🚨 Why it matters: a Z-score of 1.66 is inside the distress zone — the balance sheet is a real risk, not a detail.

The safety line in one sentence: the Z-score reads 1.66.

15 · Related companies · Oil & Gas Equipment & Services
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Archrock, Inc.AROC 63.3/100Mixed-positive evidence81% evidence ASLEEP 21.4/35 Revenue 22.6% · PAT 60.1% · OPM change -1.3 pp 83% evidence 15.9/25 ROCE 3.2% · OPM 33.8% 76% evidence 14.7/20 P/E 18.9× · PEG 0.34 65% evidence 11.3/20 RS sector -4% · RS bench 4.5% · 1Y 53.9%1 of 12 weeks ahead 100% evidence
Exact sum: 21.4 + 15.9 + 14.7 + 11.3 = 63.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2National Energy Services Reunited Corp.NESR 62.4/100Mixed-positive evidence81% evidence BREAKING OUT 19.5/35 Revenue 8.9% · PAT -15.6% · OPM change 2 pp 83% evidence 10.9/25 ROCE 2.8% · OPM 8.9% 76% evidence 13.6/20 P/E 33× · PEG 0.4 65% evidence 18.4/20 RS sector 29.9% · RS bench 37.5% · 1Y 332.6%8 of 12 weeks ahead 100% evidence
Exact sum: 19.5 + 10.9 + 13.6 + 18.4 = 62.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Cactus, Inc.WHD 61.8/100Thin evidence · provisional58% evidence TURNING 18.0/35 Revenue — · PAT — · OPM change -11.8 pp 45% evidence 15.3/25 ROCE 4.5% · OPM 12.7% 76% evidence 9.7/20 P/E 43.8× · PEG — 15% evidence 18.8/20 RS sector 11.6% · RS bench 22.4% · 1Y 74.8%3 of 12 weeks ahead 100% evidence
Exact sum: 18 + 15.3 + 9.7 + 18.8 = 61.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4TechnipFMC plcFTI 61.5/100Thin evidence · provisional58% evidence ASLEEP 22.1/35 Revenue — · PAT — · OPM change 2.4 pp 45% evidence 14.7/25 ROCE 9.8% · OPM 14.1% 76% evidence 10.4/20 P/E 23× · PEG — 15% evidence 14.3/20 RS sector 4.7% · RS bench 12.4% · 1Y 100.3%0 of 12 weeks ahead 100% evidence
Exact sum: 22.1 + 14.7 + 10.4 + 14.3 = 61.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5Oceaneering International, Inc.OII 60.6/100Thin evidence · provisional58% evidence BREAKING OUT 15.8/35 Revenue — · PAT — · OPM change -2.6 pp 45% evidence 13.3/25 ROCE 4.9% · OPM 8.3% 76% evidence 11.5/20 P/E 11.6× · PEG — 15% evidence 20.0/20 RS sector 32.6% · RS bench 43.3% · 1Y 136.1%6 of 12 weeks ahead 100% evidence
Exact sum: 15.8 + 13.3 + 11.5 + 20 = 60.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
6Tidewater Inc.TDW 58.7/100Mixed-positive evidence81% evidence ASLEEP 14.2/35 Revenue -0.9% · PAT 69.7% · OPM change -4.4 pp 83% evidence 12.8/25 ROCE 3.1% · OPM 18.1% 76% evidence 14.5/20 P/E 14× · PEG 0.43 65% evidence 17.2/20 RS sector 4.6% · RS bench 13.9% · 1Y 46.6%0 of 12 weeks ahead 100% evidence
Exact sum: 14.2 + 12.8 + 14.5 + 17.2 = 58.7 · Decision use: Price leads the evidence: RS versus the benchmark is 13.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
7Tenaris S.A.TS 58.1/100Mixed-positive evidence81% evidence ASLEEP 17.5/35 Revenue 1.3% · PAT 9.5% · OPM change 0 pp 83% evidence 15.4/25 ROCE 3.2% · OPM 18.8% 76% evidence 12.5/20 P/E 15.2× · PEG 0.89 65% evidence 12.7/20 RS sector 0.6% · RS bench 8.7% · 1Y 62.1%3 of 12 weeks ahead 100% evidence
Exact sum: 17.5 + 15.4 + 12.5 + 12.7 = 58.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8USA Compression Partners, LPUSAC 56.5/100Mixed-positive evidence81% evidence BASING 22.8/35 Revenue 12.1% · PAT 34.4% · OPM change -0.7 pp 83% evidence 15.0/25 ROCE 3% · OPM 27.6% 76% evidence 12.6/20 P/E 28× · PEG 0.66 65% evidence 6.1/20 RS sector -16.7% · RS bench -7.7% · 1Y 8.1%0 of 12 weeks ahead 100% evidence
Exact sum: 22.8 + 15 + 12.6 + 6.1 = 56.5 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -16.7% and the one-year return is 8.1%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
9Solaris Energy Infrastructure, Inc.SEI 56.3/100Mixed-positive evidence81% evidence ASLEEP 26.8/35 Revenue 86.5% · PAT 100% · OPM change 8.3 pp 83% evidence 13.3/25 ROCE 2.8% · OPM 25.8% 76% evidence 12.4/20 P/E 63.5× · PEG 0.5 65% evidence 3.8/20 RS sector -11% · RS bench -3.7% · 1Y 93.1%7 of 12 weeks ahead 100% evidence
Exact sum: 26.8 + 13.3 + 12.4 + 3.8 = 56.3 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -11% and the one-year return is 93.1%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
10Baker Hughes CompanyBKR 52.3/100Thin evidence · provisional58% evidence ASLEEP 19.0/35 Revenue — · PAT — · OPM change 11.1 pp 45% evidence 14.1/25 ROCE 3% · OPM 20.6% 76% evidence 10.7/20 P/E 17.9× · PEG — 15% evidence 8.5/20 RS sector -7.4% · RS bench 1.5% · 1Y 42.6%0 of 12 weeks ahead 100% evidence
Exact sum: 19 + 14.1 + 10.7 + 8.5 = 52.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
11LandBridge Company LLCLB 51.0/100Mixed-positive evidence64% evidence BREAKING OUT 17.5/35 Revenue 54.5% · PAT — · OPM change 0.2 pp 62% evidence 12.0/25 ROCE 2.5% · OPM 57.2% 76% evidence 9.4/20 P/E 71.2× · PEG — 15% evidence 12.1/20 RS sector -5% · RS bench 4.4% · 1Y 42.9%5 of 12 weeks ahead 100% evidence
Exact sum: 17.5 + 12 + 9.4 + 12.1 = 51 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12Halliburton CompanyHAL 50.8/100Thin evidence · provisional58% evidence ASLEEP 22.3/35 Revenue — · PAT — · OPM change 4.6 pp 45% evidence 14.9/25 ROCE 3.9% · OPM 12.6% 76% evidence 10.8/20 P/E 17.8× · PEG — 15% evidence 2.8/20 RS sector -15.2% · RS bench -8.1% · 1Y 54.8%3 of 12 weeks ahead 100% evidence
Exact sum: 22.3 + 14.9 + 10.8 + 2.8 = 50.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13Kodiak Gas Services, Inc.KGS 50.2/100Mixed-positive evidence81% evidence ASLEEP 21.0/35 Revenue 3.9% · PAT 32.7% · OPM change 3.8 pp 83% evidence 11.8/25 ROCE 2.6% · OPM 30.9% 76% evidence 6.6/20 P/E 78.8× · PEG 1.99 65% evidence 10.8/20 RS sector 1.4% · RS bench 8.6% · 1Y 83.4%6 of 12 weeks ahead 100% evidence
Exact sum: 21 + 11.8 + 6.6 + 10.8 = 50.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Select Water Solutions, Inc.WTTR 48.4/100Mixed-negative evidence64% evidence LEADER 14.9/35 Revenue -4.1% · PAT — · OPM change 0.7 pp 62% evidence 5.9/25 ROCE 1.3% · OPM 4.9% 76% evidence 9.2/20 P/E 72.9× · PEG — 15% evidence 18.4/20 RS sector 14.1% · RS bench 22.8% · 1Y 121%11 of 12 weeks ahead 100% evidence
Exact sum: 14.9 + 5.9 + 9.2 + 18.4 = 48.4 · Decision use: Price leads the evidence: RS versus the benchmark is 22.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
15SLB N.V.SLB 48.1/100Thin evidence · provisional58% evidence ASLEEP 16.3/35 Revenue — · PAT — · OPM change -1.5 pp 45% evidence 12.4/25 ROCE 2.8% · OPM 11.8% 76% evidence 10.5/20 P/E 22.5× · PEG — 15% evidence 8.9/20 RS sector -6% · RS bench 2.4% · 1Y 54.6%2 of 12 weeks ahead 100% evidence
Exact sum: 16.3 + 12.4 + 10.5 + 8.9 = 48.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
16NOV Inc.NOV 47.3/100Thin evidence · provisional58% evidence ASLEEP 17.3/35 Revenue — · PAT — · OPM change -4.9 pp 45% evidence 8.5/25 ROCE 2.2% · OPM 2.3% 76% evidence 9.3/20 P/E 71.3× · PEG — 15% evidence 12.2/20 RS sector -4.5% · RS bench 4.2% · 1Y 68%0 of 12 weeks ahead 100% evidence
Exact sum: 17.3 + 8.5 + 9.3 + 12.2 = 47.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17Bristow Group Inc.VTOL 46.3/100Mixed-negative evidence75% evidence TURNING 14.0/35 Revenue 6.8% · PAT 0.9% · OPM change -0.7 pp 83% evidence 7.9/25 ROCE 1.8% · OPM 8.9% 76% evidence 15.9/20 P/E 12.2× · PEG 0.24 65% evidence 8.5/20 RS sector -7% · RS bench 2.8% · 1Y 25.6%1 of 12 weeks ahead 70% evidence
Exact sum: 14 + 7.9 + 15.9 + 8.5 = 46.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
18Enerflex Ltd.EFXT 45.8/100Mixed-negative evidence81% evidence ASLEEP 16.1/35 Revenue 11.8% · PAT 12.2% · OPM change -1.3 pp 83% evidence 11.6/25 ROCE 3.7% · OPM 11.6% 76% evidence 6.6/20 P/E 31.3× · PEG 2.31 65% evidence 11.5/20 RS sector 3.9% · RS bench 10.5% · 1Y 144.2%1 of 12 weeks ahead 100% evidence
Exact sum: 16.1 + 11.6 + 6.6 + 11.5 = 45.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19Innovex International, Inc.INVX 45.4/100Mixed-negative evidence75% evidence TURNING 10.0/35 Revenue 26.4% · PAT -63.6% · OPM change -18.2 pp 83% evidence 4.6/25 ROCE -2% · OPM -9.1% 76% evidence 15.1/20 P/E 32.5× · PEG 0.1 65% evidence 15.7/20 RS sector 10.8% · RS bench 20.9% · 1Y 95.2%3 of 12 weeks ahead 70% evidence
Exact sum: 10 + 4.6 + 15.1 + 15.7 = 45.4 · Decision use: Price leads the evidence: RS versus the benchmark is 20.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
20Flowco Holdings Inc.FLOC 45.2/100Mixed-negative evidence71% evidence ASLEEP 19.1/35 Revenue 17.7% · PAT 45.6% · OPM change -1.1 pp 83% evidence 12.3/25 ROCE 2.2% · OPM 17.3% 76% evidence 10.9/20 P/E 17.6× · PEG — 15% evidence 2.9/20 RS sector -15.8% · RS bench -8.2% · 1Y 26.9%1 of 12 weeks ahead 100% evidence
Exact sum: 19.1 + 12.3 + 10.9 + 2.9 = 45.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21Weatherford International plcWFRD 39.6/100Thin evidence · provisional58% evidence ASLEEP 13.4/35 Revenue — · PAT — · OPM change -1.2 pp 45% evidence 11.5/25 ROCE 2.9% · OPM 10.7% 76% evidence 11.1/20 P/E 16.1× · PEG — 15% evidence 3.6/20 RS sector -12.9% · RS bench -5.2% · 1Y 61.3%1 of 12 weeks ahead 100% evidence
Exact sum: 13.4 + 11.5 + 11.1 + 3.6 = 39.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
22RPC, Inc.RES 37.8/100Thin evidence · provisional52% evidence ASLEEP 16.1/35 Revenue — · PAT — · OPM change -3.1 pp 45% evidence 8.2/25 ROCE 1.2% · OPM 0.6% 76% evidence 9.5/20 P/E 64.8× · PEG — 15% evidence 4.0/20 RS sector -16.7% · RS bench -8.9% · 1Y 29.5%1 of 12 weeks ahead 70% evidence
Exact sum: 16.1 + 8.2 + 9.5 + 4 = 37.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
23Liberty Energy Inc.LBRT 34.6/100Thin evidence · provisional58% evidence ASLEEP 17.0/35 Revenue — · PAT — · OPM change 0.3 pp 45% evidence 7.2/25 ROCE 0.4% · OPM 2.2% 76% evidence 9.8/20 P/E 35.4× · PEG — 15% evidence 0.6/20 RS sector -22.9% · RS bench -18.1% · 1Y 79.3%1 of 12 weeks ahead 100% evidence
Exact sum: 17 + 7.2 + 9.8 + 0.6 = 34.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
24Expro Group Holdings N.V.XPRO 34.3/100Thin evidence · provisional52% evidence TURNING 12.7/35 Revenue — · PAT — · OPM change -1.7 pp 45% evidence 5.2/25 ROCE 0.6% · OPM 0.9% 76% evidence 8.9/20 P/E 82.1× · PEG — 15% evidence 7.5/20 RS sector -7.7% · RS bench 1.4% · 1Y 63.1%0 of 12 weeks ahead 70% evidence
Exact sum: 12.7 + 5.2 + 8.9 + 7.5 = 34.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
25ProPetro Holding Corp.PUMP 33.5/100Thin evidence · provisional52% evidence ASLEEP 14.8/35 Revenue — · PAT — · OPM change -5.6 pp 45% evidence 4.5/25 ROCE -0.2% · OPM -3% 76% evidence 8.6/20 P/E 951× · PEG — 15% evidence 5.6/20 RS sector -11.6% · RS bench -6.4% · 1Y 136.3%3 of 12 weeks ahead 70% evidence
Exact sum: 14.8 + 4.5 + 8.6 + 5.6 = 33.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
26Helix Energy Solutions Group, Inc.this pageHLX 31.0/100Adverse evidence65% evidence ASLEEP 6.7/35 Revenue -2.9% · PAT -83.5% · OPM change -7.5 pp 83% evidence 4.0/25 ROCE -0.6% · OPM -4.6% 76% evidence 8.7/20 P/E 98.9× · PEG — 15% evidence 11.6/20 RS sector -1.3% · RS bench 7.3% · 1Y 64.4%0 of 12 weeks ahead 70% evidence
Exact sum: 6.7 + 4 + 8.7 + 11.6 = 31 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
27Atlas Energy Solutions Inc.AESI 18.5/100Adverse evidence71% evidence ASLEEP 4.8/35 Revenue -8.3% · PAT -391.2% · OPM change -17.4 pp 83% evidence 4.5/25 ROCE -1.6% · OPM -12.2% 76% evidence 8.8/20 P/E 95.5× · PEG — 15% evidence 0.4/20 RS sector -27.6% · RS bench -20.9% · 1Y -6.6%8 of 12 weeks ahead 100% evidence
Exact sum: 4.8 + 4.5 + 8.8 + 0.4 = 18.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
28EagleRock Land, LLCEROK 52.4/100Thin evidence · provisional21% evidence 18.1/35 Revenue — · PAT — · OPM change 18.2 pp 7% evidence 14.3/25 ROCE 7.2% · OPM 40.9% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 10.0/20 RS sector — · RS bench — · 1Y — 0% evidence
Exact sum: 18.1 + 14.3 + 10 + 10 = 52.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
29WaterBridge Infrastructure LLCWBI 46.2/100Thin evidence · provisional36% evidence BREAKING OUT 17.9/35 Revenue — · PAT — · OPM change -0.9 pp 39% evidence 9.8/25 ROCE 1.3% · OPM 15.2% 76% evidence 8.5/20 P/E 1040.6× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —10 of 12 weeks ahead 0% evidence
Exact sum: 17.9 + 9.8 + 8.5 + 10 = 46.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
30NextDecade CorporationNEXT 39.2/100Thin evidence · provisional47% evidence ASLEEP 18.1/35 Revenue — · PAT — · OPM change — 33% evidence 5.8/25 ROCE -0.5% · OPM — 61% evidence 10.0/20 P/E — · PEG — 0% evidence 5.3/20 RS sector -24.4% · RS bench -15.3% · 1Y -36.9%5 of 12 weeks ahead 100% evidence
Exact sum: 18.1 + 5.8 + 10 + 5.3 = 39.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

16 · Frequently asked questions

Frequently asked questions

What is Helix Energy Solutions Group, Inc.'s stock price today?

Helix Energy Solutions Group, Inc. trades at $9.6, +63.3% over the past year. The company is valued at $1.0 B. The stock sits at 85% of its 52-week range of $6–$10, +13.5% versus its 200-day average. Against the S&P 500 it has been behind on a trailing-13-week view for 11 weeks. — as of 5 August 2026.

What were Helix Energy Solutions Group, Inc.'s latest quarterly results?

Helix Energy Solutions Group, Inc. reported revenue of $0.3 B and a net loss of $0.0 B for the Mar 26 quarter. Earnings per share were $−0.09. The operating margin was −3.4%, 7.0 pp lower than a year earlier. — as of 5 August 2026.

What is Helix Energy Solutions Group, Inc.'s revenue?

Helix Energy Solutions Group, Inc. reported revenue of $0.3 B in the Mar 26 quarter, +3.6% year on year. For the full FY25 fiscal year, revenue was $1.3 B (−5.1%). Over the last 4 years revenue compounded at 17.8% a year. — as of 5 August 2026.

What is Helix Energy Solutions Group, Inc.'s profit?

Helix Energy Solutions Group, Inc. earned $−0.0 B of net profit in the Mar 26 quarter. Full-year FY25 profit was $0.0 B. The operating margin ran −3.4% in the latest quarter. — as of 5 August 2026.

What is Helix Energy Solutions Group, Inc.'s market cap?

Helix Energy Solutions Group, Inc.'s market capitalisation is $1.0 B at a stock price of $9.6. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 5 August 2026.

What is Helix Energy Solutions Group, Inc.'s P/E ratio?

Helix Energy Solutions Group, Inc. trades at a P/E of 98.7×, at the 91st percentile of its own 1-year range, against a long-run median of 35.8×. This is a comparison with the stock's own history, not a value call — as of 5 August 2026.

Does Helix Energy Solutions Group, Inc. pay a dividend?

No — Helix Energy Solutions Group, Inc. has declared no dividend per share in any of its last 12 reported quarters, so there is no payout history and no yield to quote. That is a reading of the filed statements, not an estimate. — as of 5 August 2026.

Is Helix Energy Solutions Group, Inc. overvalued?

On its own history, Helix Energy Solutions Group, Inc. looks expensive against its own history: its P/E of 98.7× sits at the 91st percentile of its 1-year range (long-run median 35.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 5 August 2026.

How is Helix Energy Solutions Group, Inc. performing?

Helix Energy Solutions Group, Inc.'s latest readings are below. Against the S&P 500 it has been behind on a trailing-13-week view for 11 weeks. This describes what the data did, not a rating. — as of 5 August 2026.

Is Helix Energy Solutions Group, Inc. beating the market?

Not lately — on a trailing-13-week view Helix Energy Solutions Group, Inc. is currently behind the S&P 500 (11 weeks and counting; last ahead the week of 2026-05-22), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 1.1 years the stock moved +47% against the S&P 500's +24% — ahead of the index over the full window. — as of 5 August 2026.

Will Helix Energy Solutions Group, Inc.'s stock price go up?

This page publishes no price forecast for Helix Energy Solutions Group, Inc. What it measures instead: the stock price is $9.6. Its P/E of 98.7× sits at the 91st percentile of its own 1-year range. Direction is not something this site claims to know. — as of 5 August 2026.

Is the market betting against Helix Energy Solutions Group, Inc.?

Somewhat — short interest is 5.3% of Helix Energy Solutions Group, Inc.'s tradable float, about 4.2 days to cover at typical volumes. A moderate reading: some money is positioned against it. With no quarter-by-quarter holder register here, short interest is the cleanest crowd read we hold — as of 5 August 2026.

Does Helix Energy Solutions Group, Inc. have too much debt?

It is moderate — Helix Energy Solutions Group, Inc.'s debt-to-equity is 0.40. A year-by-year borrowings ladder is not in our numbers for this stock, so the latest reading is the cleanest hold. Read the returns on this page with that leverage in mind — as of 5 August 2026.

What is Helix Energy Solutions Group, Inc.'s capex?

Helix Energy Solutions Group, Inc. spent $0.0 B on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was $0.0 B. — as of 5 August 2026.

What is Helix Energy Solutions Group, Inc.'s cash flow?

Helix Energy Solutions Group, Inc. generated $0.1 B of operating cash flow in FY25 and $0.1 B of free cash flow after $0.0 B of capital spending. Reported profit that year was $0.0 B, so operating cash ran ahead of profit. — as of 5 August 2026.

Is Helix Energy Solutions Group, Inc.'s profit real cash?

Yes — over the last 2 fiscal years, 367% of Helix Energy Solutions Group, Inc.'s reported profit arrived as operating cash. In FY25, operating cash was $0.1 B against reported profit of $0.0 B. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 5 August 2026.

How financially safe is Helix Energy Solutions Group, Inc.?

On the balance sheet, the Z-score reads 1.66 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That is inside the danger band — a real balance-sheet risk. — as of 5 August 2026.

Where is Helix Energy Solutions Group, Inc. in its business cycle?

Helix Energy Solutions Group, Inc.'s FY25 operating margin was 5.4%, against a 5-year band of −7.5%–9.6%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran −3.4%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 5 August 2026.

What could break the Helix Energy Solutions Group, Inc. story?

The sharpest disagreement: the price moved +63.3% in a year while annual EPS moved −41.7% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 5 August 2026.

Is Helix Energy Solutions Group, Inc. a stock worth studying right now?

This is not investment advice. The machine read: Helix Energy Solutions Group, Inc.'s price has outrun its earnings. +63.3% in a year against EPS −41.7% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 5 August 2026.

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