Helix Energy Solutions Group, Inc (HLX) Q3 2024 Earnings Call Transcript Summary
Helix Energy Solutions Group, Inc (HLX) Q3 2024 Earnings Call Transcript Summary
Year-to-date revenues reached $1 billion with a gross profit of $161 million and net income of $36 million.The following is a summary of the Helix Energy Solutions Group, Inc (HLX) Q3 2024 Earnings Call Transcript:
以下是Helix Energy Solutions Group, Inc（HLX）2024年第三季度業績會成績單摘要：
Financial Performance:
金融業績：
Helix Energy reported Q3 2024 revenues of $342 million with a net income of $29.5 million.
The company's gross profit for the quarter was $66 million, and adjusted EBITDA stood at $88 million.
Year-to-date revenues reached $1 billion with a gross profit of $161 million and net income of $36 million.
Year-to-date adjusted EBITDA was $232 million, with strong operating cash flow of $108 million resulting in a free cash flow of $98 million.
Q3 results were impacted by significant mobilizations for the Q4000 and Q7000 with revenue deferrals due to accounting treatments, and by unplanned weather-related downtime from hurricanes leading to additional revenue loss of up to $10 million.
Helix Energy報告2024年第三季度營業收入爲$34200萬，淨利潤爲$2950萬。
該公司本季度的毛利潤爲$6600萬，調整後的EBITDA爲$8800萬。
截至目前，營業收入達到$10億，毛利潤爲$16100萬，淨利潤爲$3600萬。
截至目前，調整後的EBITDA爲$23200萬，強勁的經營現金流爲$10800萬，導致自由現金流爲$9800萬。
第三季度的結果受到爲Q4000和Q7000的重大動員以及由於會計處理而導致的收入遞延以及由於颶風引發的未經計劃的天氣相關停機時間影響，導致額外收入損失高達$1000萬。
Business Progress:
業務進展：
Helix completed the mobilization of the Q4000 to Nigeria and the Q7000 to northwest Australia.
The contracts secured for the Q4000, Q5000, Siem Helix 1, and Siem Helix 2 result in over $800 million backlog with multiple years of committed utilization.
Robotics division achieved high utilization across six vessels working on renewables and oil & gas projects.
Despite challenges including hurricanes, the company sustained minimal operational disruptions and managed strong results in sectors like Well Interventions and Robotics globally.
Helix已完成Q4000和Q7000的移動至尼日利亞和澳大利亞西北地區。
爲Q4000、Q5000、Siem Helix 1和Siem Helix 2簽署的合同，使得逾80000萬美元的積壓訂單持續多年的投入使用。
機器人板塊在可再生能源和石油天然氣項目上的六艘船高度利用率。
儘管面臨颶風等挑戰，公司在全球的井下介入和機器人等領域保持了最小的運營中斷，並取得了強勁的業績。
Opportunities:
機會：
Multiple year contracts for well intervention vessels Q4000, Q5000, Siem Helix 1, and Siem Helix 2 with major players like Petrobras and Shell enrich the company's backlog significantly and position it well for sustained revenue streams.
High utilization in the Robotics sector, servicing both renewables and oil & gas projects, indicates potential for growth and investment in these sectors.
Robotics operations, especially in trenching for renewable projects, are expected to remain strong with contracts extending into 2027.
針對井下介入船Q4000、Q5000、Siem Helix 1和Siem Helix 2的多年合同與Petrobras和Shell等主要參與者，大大豐富了公司的積壓訂單，併爲持續的營收流提供了良好的地位。
機器人板塊高度利用率，爲可再生能源和石油天然氣項目提供服務，表明這些板塊有增長和投資的潛力。
預計機器人操作，特別是用於可再生能源項目的溝槽工作，將保持強勁勢頭，合同延伸至2027年。
Risks:
風險：
Seasonal and weather-related disruptions impact the Shallow Water Abandonment segment, affecting operational efficiency and financial results, as seen with unexpected revenue losses from hurricanes.
Mobilization activities for vessels Q4000 and Q7000 resulted in substantial revenue and cost deferrals, influencing financial results for the quarter.
季節性和與天氣相關的干擾影響淺水棄置板塊，影響運營效率和財務結果，例如因颶風導致意外營業收入損失。
Q4000和Q7000船隻的動員活動導致大量營業收入和成本的推遲，影響當季財務結果。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
