Helix Energy Solutions Group, Inc. (NYSE:HLX) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
On October22, 2017, Helix Energy Solutions Group, Inc. (“Helix”) issued a press release announcing its third quarter results of operations for the period ended September30, 2017.Attached hereto as Exhibit 99.1, and incorporated by reference herein, is the press release.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On October 18, 2017, Anthony Tripodo and Helix’s Board of Directors (the “Board”) agreed that Mr. Tripodo would retire from Helix at December 31, 2017, thus resigning his position as Executive Vice President and Senior Advisor and from the Board, both effective December 31, 2017. Mr.Tripodo’s decision to resign was not the result of a disagreement with Helix or its operations, policies or practices. In connection with Mr. Tripodo’s retirement and his long-term service as an executive officer of Helix and on the Board (and previously, several of its committees), the Compensation Committee approved accelerating the vesting of Mr. Tripodo’s outstanding unvested restricted stock, consisting of a total of 191,613 shares of Helix’s common stock, upon Mr. Tripodo’s retirement at the end of 2017.
Item 7.01 Regulation FD Disclosure.
On October22, 2017, Helix issued a press release announcing its third quarter results of operations for the period ended September30, 2017.In addition, on October23, 2017, Helix is making a presentation (with slides) to analysts and investors regarding its financial and operating results.Attached hereto as Exhibits 99.1 and 99.2, respectively, and incorporated by reference herein, are the press release and the slides for the Third Quarter Earnings Conference Call Presentation issued by Helix. The presentation materials are also available beginning on October22, 2017 under Investor Relations – Presentations in the For the Investor section of Helix’s website, www.HelixESG.com.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
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Exhibit Number |
Description |
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99.2 |
Third Quarter 2017 Conference Call Presentation.
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HELIX ENERGY SOLUTIONS GROUP INC ExhibitEX-99.1 2 hlx10232017-ex991.htm PRESS RELEASE DATED 10-22-17 Exhibit EXHIBIT 99.1 PRESSRELEASEwww.HelixESG.com Helix Energy Solutions Group,…To view the full exhibit click here
About Helix Energy Solutions Group, Inc. (NYSE:HLX)
Helix Energy Solutions Group, Inc. is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities. Its Well Intervention segment includes the Company’s vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions. Its Robotics segment includes remotely operated vehicles (ROVs), trenchers and ROVDrills designed to complement offshore construction and well intervention services, and operates over four chartered ROV support vessels. Its Production Facilities segment includes the Helix Producer I (the HP I), a floating production vessel, the Helix Fast Response System (the HFRS), and its ownership interest in Independence Hub, LLC (Independence Hub).
