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home / news releases / OIS - Helix Energy Solutions Looks To Beat The Adversities

OIS - Helix Energy Solutions Looks To Beat The Adversities

Oil States International Inc.
  • Helix Energy plans to focus on the expanding market of operating and managing well abandonment works.
  • The company's key well intervention vessels are under the spot rate, but they have contracted work into 2H 2022.
  • It undertook several regulatory maintenance and inspection programs in Q1, which lowered the segment asset utilization and revenues.
  • HLX has a robust balance sheet, but negative cash flow is a concern.

For further details see:

Helix Energy Solutions Looks To Beat The Adversities
Stock Information
Company Name: Oil States International Inc.
Stock Symbol: OIS
Market: NYSE
Website: oilstatesintl.com
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