HELIX ENERGY SOLUTIONS GROUP INC company info

CIK 866829
IRS Number 953409686
State of incorporation MN
Business address 3505 W SAM HOUSTON NORTH
SUITE 400
HOUSTON
TX
77043
Mail address 3505 W SAM HOUSTON NORTH
SUITE 400
HOUSTON
TX
77043

Short summary

HELIX ENERGY SOLUTIONS GROUP INC is a Texas company, with head office located at 3505 W Sam Houston North Houston, Texas 77043. The company achieved a record breaking net income in 2009 - 156.05 million USD. In 2017 the company owned a total of 2.36 billion USD worth of assets, including 451.64 million USD worth of current assets. 2011 was the year when the company amassed the most assets. The company net sales last year amounted to 581.38 million USD.

HELIX ENERGY SOLUTIONS GROUP INC Income Statement

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Revenue, Net 846.11876.561,107.16695.80487.58581.38
Gross Profit 372.19243.1633.67149.6849.92260.69344.04-233.7746.5262.17
Selling, General and Administrative Expense 177.17130.85106.1186.6494.4282.2792.5257.2865.9363.26
Operating Income (Loss) -414.22203.82-94.6663.04-68.48179.03261.76-307.36-63.24-1.13
Interest expense 53.6044.4833.0640.0245.1138.27
Other Nonoperating Income (Expense) -18.655.24-1.02-1.11-0.660.010.81-24.313.51-1.43
Income Tax Expense (Benefit) 86.7895.8219.17-36.81-59.1631.6166.97-101.19-12.47-50.42
Net income -635.93156.05-126.99129.98-46.30-376.98-81.4530.05

HELIX ENERGY SOLUTIONS GROUP INC Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Cash and cash equivalents 89.56261.93270.00414.19649.50513.53501.46500.06492.19390.44266.59
Accounts Receivable, Net, Current 175.24212.41187.90163.49189.45120.6659.8983.56113.34
Deferred income taxes 37.5336.5035.5319.87
Property, Plant and Equipment, Gross 4,454.984,586.584,366.781,858.542,072.122,474.882,565.182,562.842,695.77
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 1,789.422,111.272,007.49432.17467.93554.91983.22851.43889.78
Goodwill 704.3076.1362.9062.2561.7563.8362.2945.110
Other Assets, Noncurrent 82.1476.4286.7949.6761.9573.3142.0295.65105.21
Total assets 3,606.573,560.643,688.812,474.752,701.112,934.202,314.372,361.562,362.84
Current assets 595.05757.231,006.93774.12818.27733.04645.28554.51451.64
Accounts payable 163.98148.14156.7491.84157.5598.8048.0186.6081.30
Taxes Payable, Current 3.756.085.986.589.990.921.21
Total current liabilities 377.53346.13350.03197.17257.19237.09190.81253.93265.64
Long-term Debt, Excluding Current Maturities 1,347.991,239.891,167.91543.34538.25722.52638.99408.25385.77
Long-term Debt 1,155.321,019.23566.15551.37761.33625.97495.63
Deferred Revenue, Noncurrent 6.338.918.74
Deferred income taxes 383.65431.82445.82288.60272.45257.85166.56154.83103.35
Total liabilities 2,280.082,189.732,107.821,048.951,079.191,258.871,049.18863.93795.44
Common Stock, Value, Issued 906.15911.39927.09932.90935.82939.50986.241,279.161,284.27
Retained Earnings (Accumulated Deficit) 416.37459.88633.01505.14697.73798.29365.81300.04352.91
Accumulated Other Comprehensive Income (Loss), Net of Tax -20.50-27.96-9.83-37.80-11.63-62.46-86.86-81.56-69.79

HELIX ENERGY SOLUTIONS GROUP INC Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income -635.93156.05-126.99129.98-46.30-376.98-81.4530.05
Amortization of Intangible Assets 2.400.100.100.100.10
Depreciation and amortization 333.73262.62317.1291.1997.2098.54109.35120.40114.19108.75
Deferred Income Tax Expense (Benefit) -5.40-64.93-46.84-4.19-69.58-24.9423.15-103.0214.85-54.59
Accounts receivable -36.9652.2529.7348.003.653.32-43.96-36.3522.4428.42
Net Cash Provided by (Used in) Operating Activities 437.72417.68331.45567.16452.5074.36359.49110.8138.7151.64
Payments to Acquire Productive Assets 855.05423.37206.77219.77323.04324.43336.91320.31186.49231.13
Payments to Acquire Businesses, Net of Cash Acquired
Net Cash Provided by (Used in) Investing Activities -557.97-68.53-181.56-182.32-415.77456.89-335.51-295.72-147.11-221.13
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -557.50-89.40-106.87-95.30-295.71-126.08-335.51-295.72
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 4.112.170.670.920.791.843.503.440.46-1.89
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 4.112.170.670.920.791.843.503.440.46-1.89
Proceeds from Stock Plans 2.713.223.480.710.43
Proceeds from Issuance of Common Stock 0096.55219.50
Payments for Repurchase of Common Stock 3.9314.0011.687.607.2011.268.381.120.34
Net Cash Provided by (Used in) Financing Activities 256.22-300.71-29.28-229.90-145.23-487.42
Cash and Cash Equivalents, Period Increase (Decrease) 134.0647.06120.41155.38-109.3641.10-1.7117.70-137.55-90.06