Helix Energy Solutions Group Inc. (HLX) saw its stock price surge 6.95% in the after-hours session on Monday, following the release of its fourth quarter 2025 financial results.

The offshore energy services company reported quarterly revenue of $334.16 million, which exceeded the consensus analyst estimate of $300.69 million. Despite a net income decrease impacted by an $18 million non-cash impairment charge, the company generated over $100 million in free cash flow during the quarter. Helix also highlighted its resilience by securing a multi-year plugging and abandonment (P&A) program in the UK North Sea.

Looking ahead, the company expects offshore market improvements in the latter half of 2026 and into 2027, with its Thunder Hawk field expected to resume production in April. Analyst sentiment remains positive, with an average "buy" rating and a median 12-month price target of $10.00, representing a significant premium to its recent closing price.