Helix Energy Solutions Group Inc
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Energy : Energy Equipment & Services | Small Cap Value
Company profile

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 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).


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Chipotle stock slips even as results top Street expectations

4:21 pm ET July 22, 2020 (MarketWatch)

Chipotle Mexican Grill Inc. (CMG) shares declined in the extended session Wednesday even after the Mexican food chain's quarterly results topped Wall Street estimates. Chipotle shares declined 1.3% after hours, following a 1.9% rise in the regular session to close at $1,185.27. The company reported second-quarter net income of $8.2 million, or 29 cents a share, compared with $91 million, or $3.22 a share, in the year-ago period. Adjusted earnings were 40 cents a share, compared with $3.99 a share in the year-ago period. Revenue declined to $1.36 billion from $1.43 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 35 cents a share on revenue of $1.33 billion. Same-store sales for the quarter declined 9.8%, while Wall Street had been expecting a decline of 11.5%. Chipotle said it was not providing an outlook for the year given the economic uncertainties of the COVID-19 pandemic. Chipotle shares are up nearly 42% on the year, while the S&P 500 index is up less than 2%.

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 22, 2020 16:21 ET (20:21 GMT)

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