Helix Energy (HLX) Wins Multi-Year Gulf of Mexico Contract for Production and Well Abandonment Services

With significant upside potential, Helix Energy Solutions Group, Inc. (NYSE:HLX) secures a spot on our list of the 15 Best Robotics Stocks to Buy Under $20.

Helix Energy Solutions Group, Inc. (HLX) Secured a Multi-Year Contract in the U.S. Gulf of Mexico to Provide Production Enhancement and Well Abandonment Services

Helix Energy Solutions Group, Inc. (NYSE:HLX) recently secured a multi-year contract in the U.S. Gulf of Mexico to provide production enhancement and well abandonment services. Starting in 2026, the deal includes the use of its Q5000/Q4000 intervention vessels, riser systems, and remotely operated vehicles, under the Subsea Services Alliance, in partnership with SLB. This highlights Helix’s growing role in offshore decommissioning and production support.

Based in Houston, Helix Energy Solutions Group, Inc. (NYSE:HLX) provides offshore energy services globally through its Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments. It is one of the best robotic stocks.

While we acknowledge the potential of HLX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HLX and that has 100x upside potential, check out our report about this cheapest AI stock.

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