Helix Energy volta a lucrar no meio do ano de 2018

Helix Energy Returns to Profit Mid-Year

Written by Paulo Nogueira

Published on 25/07/2018 at 02:36

Updated on 25/07/2018 at 04:20

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Helix Energy Solutions, An Oil Services Company Based in Houston, Returns to Profit in The Second Quarter of The Year

Supported by higher revenues from its Well Intervention and Robotics businesses, Helix Energy Solutions returns to profitability in the second quarter of the year. Helix reported on Monday a net income of US$ 17.8 million in the second quarter of 2018, compared to a net loss of US$ 6.4 million in the same period of 2017 and a net loss of US$ 2.6 million in the first quarter of 2018.

The Profit

The net income for the six-month period ending June 30, 2018, was US$ 15.2 million, compared to a net loss of US$ 22.8 million in the six-month period ending June 30, 2017. For the second quarter of 2018, Helix’s revenues increased to US$ 204.6 million, up from US$ 150.3 million in the same period last year.

ARTICLE CONTINUES BELOW

Seasonal Recovery

“Our Well Intervention business benefited from seasonal recovery in the North Sea and continued operational improvements in Brazil. Our robotics business has improved quarter over quarter, with increased trenching operations and backlog for the remainder of 2018. We are encouraged by the improvements in our results compared to the last quarter and remain committed to managing the uncertainties that this market may present in the second half of the year.”

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Helix Energy Returns to Profit Mid-Year

Helix Energy Solutions, An Oil Services Company Based in Houston, Returns to Profit in The Second Quarter of The Year

The Profit

Seasonal Recovery

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Helix Energy Returns to Profit Mid-Year

Helix Energy Solutions, An Oil Services Company Based in Houston, Returns to Profit in The Second Quarter of The Year

The Profit

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