Helix Energy Solutions Group (HLX) is withdrawing its previously issued financial

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Helix Provides Operational and Financial Update

March 30, 2020 4:18 PM EDT

HOUSTON--(BUSINESS WIRE)-- Helix Energy Solutions Group, Inc. (Helix) (NYSE: HLX) announced today that, in light of the current, significant macroeconomic uncertainty resulting from the recent decline in oil prices and the ongoing COVID-19 crisis, it is withdrawing its previously issued financial and operational performance guidance for 2020.

Owen Kratz, President and Chief Executive Officer of Helix, stated, We are withdrawing our previously issued guidance for 2020. While our guidance for 2020 reflected the best information then available to us, at this time we simply are not in a position to provide 2020 guidance given the... More