James Watt - Helix Energy Independent Director

HLX Stock  USD 10.63  0.06  0.56%   

Director

Mr. James A. Watt is an Independent Director of Helix Energy Solutions Group, Inc., since July 2006. Mr. Watt has served as a director since July of 2006. In November of 2015, Mr. Watt became Chief Restructuring Officer, President and CEO and a director of Warren Resources, Inc. In June of 2016, Warren Resources filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. In October of 2016, Warren Resources completed its reorganization and emerged from Chapter 11 bankruptcy protection. At that time, Mr. Watt became and continues as President, CEO and a director of the private domestic onshore oil and gas exploration and development company. Mr. Watt was CEO, President and a director of Dune Energy, Inc., an oil and gas exploration and development company from April of 2007 until September of 2015. Mr. Watt served as Chairman and Chief Executive Officer of Maverick Oil and Gas, Inc., an independent oil and gas exploration and production company from August of 2006 until March of 2007. He was the Chief Executive Officer of Remington Oil and Gas Corporation from February of 1998 and the Chairman of Remington from May of 2003 until Helix acquired Remington in July of 2006. Mr. Watt also served on Remingtons Board of Directors from September of 1997 to July of 2006. Mr. Watt served as a director of Pacific Energy Resources, Ltd. from May of 2006 until January of 2010 since 2006.
Age 70
Tenure 18 years
Address 3505 West Sam Houston Parkway North, Houston, TX, United States, 77043
Phone281 618 0400
Webhttps://www.helixesg.com
Watt served on the board of Bonanza Creek Energy, Inc. from August of 2012 until April of 2017. He graduated from Rensselaer Polytechnic Institute with a BS in physics.

Helix Energy Management Efficiency

The company has Return on Asset of 0.0268 % which means that on every $100 spent on assets, it made $0.0268 of profit. This is way below average. Helix Energy's management efficiency ratios could be used to measure how well Helix Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.06 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0). At this time, Helix Energy's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 47.7 M in 2024, whereas Total Assets are likely to drop slightly above 2.4 B in 2024.
The company has 540.57 M in debt with debt to equity (D/E) ratio of 0.32, which is OK given its current industry classification. Helix Energy Solutions has a current ratio of 1.41, which is typical for the industry and considered as normal. Debt can assist Helix Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Helix Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Helix Energy Solutions sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Helix to invest in growth at high rates of return. When we think about Helix Energy's use of debt, we should always consider it together with cash and equity.

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Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas. Helix Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1327 people. Helix Energy Solutions (HLX) is traded on New York Stock Exchange in USA. It is located in 3505 West Sam Houston Parkway North, Houston, TX, United States, 77043 and employs 2,531 people. Helix Energy is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Helix Energy Solutions Leadership Team

Elected by the shareholders, the Helix Energy's board of directors comprises two types of representatives: Helix Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Helix. The board's role is to monitor Helix Energy's management team and ensure that shareholders' interests are well served. Helix Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Helix Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nancy Quinn, Independent Director
James Watt, Independent Director
Jan Rask, Independent Director
T Porter, Independent Director
Brent Arriaga, Chief Accounting Officer, Controller
Terrence Jamerson, Director, Finance and Investor Relations
Alisa Johnson, Executive VP, General Counsel and Corporate Secretary
Amy Nelson, Independent Director
Amerino Gatti, Independent Director
Kenneth Neikirk, Senior Vice President General Counsel, Secretary
Erik Heymann, Deputy Sec
John Lovoi, Independent Director
Erik Staffeldt, Chief Financial Officer, Executive Vice President, IR Contact Officer
William Transier, Independent Chairman of the Board
Scott Sparks, Chief Operating Officer, Executive Vice President
T Little, Director
Anthony Tripodo, CFO, Executive VP and Director
Ken Neikirk, Senior Vice President General Counsel, Secretary
Owen Kratz, President, Chief Executive Officer, Director
William Porter, Independent Director

Helix Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Helix Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Helix Energy Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Helix Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Helix Energy Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Helix Energy Solutions Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helix Energy Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Helix Energy's price analysis, check to measure Helix Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helix Energy is operating at the current time. Most of Helix Energy's value examination focuses on studying past and present price action to predict the probability of Helix Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helix Energy's price. Additionally, you may evaluate how the addition of Helix Energy to your portfolios can decrease your overall portfolio volatility.
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Is Helix Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Helix Energy. If investors know Helix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Helix Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.13
Revenue Per Share
8.546
Quarterly Revenue Growth
0.164
Return On Assets
0.0268
The market value of Helix Energy Solutions is measured differently than its book value, which is the value of Helix that is recorded on the company's balance sheet. Investors also form their own opinion of Helix Energy's value that differs from its market value or its book value, called intrinsic value, which is Helix Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Helix Energy's market value can be influenced by many factors that don't directly affect Helix Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Helix Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helix Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helix Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.