James Watt - Helix Energy Independent Director

HLX Stock  USD 11.19  0.30  2.75%   

Director

Mr. James A. Watt is an Independent Director of Helix Energy Solutions Group, Inc., since July 2006. Mr. Watt has served as a director since July of 2006. In November of 2015, Mr. Watt became Chief Restructuring Officer, President and CEO and a director of Warren Resources, Inc. In June of 2016, Warren Resources filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. In October of 2016, Warren Resources completed its reorganization and emerged from Chapter 11 bankruptcy protection. At that time, Mr. Watt became and continues as President, CEO and a director of the private domestic onshore oil and gas exploration and development company. Mr. Watt was CEO, President and a director of Dune Energy, Inc., an oil and gas exploration and development company from April of 2007 until September of 2015. Mr. Watt served as Chairman and Chief Executive Officer of Maverick Oil and Gas, Inc., an independent oil and gas exploration and production company from August of 2006 until March of 2007. He was the Chief Executive Officer of Remington Oil and Gas Corporation from February of 1998 and the Chairman of Remington from May of 2003 until Helix acquired Remington in July of 2006. Mr. Watt also served on Remingtons Board of Directors from September of 1997 to July of 2006. Mr. Watt served as a director of Pacific Energy Resources, Ltd. from May of 2006 until January of 2010 since 2006.
Age 70
Tenure 18 years
Address 3505 West Sam Houston Parkway North, Houston, TX, United States, 77043
Phone281 618 0400
Webhttps://www.helixesg.com
Watt served on the board of Bonanza Creek Energy, Inc. from August of 2012 until April of 2017. He graduated from Rensselaer Polytechnic Institute with a BS in physics.

Helix Energy Management Efficiency

The company has Return on Asset of 0.0302 % which means that on every $100 spent on assets, it made $0.0302 of profit. This is way below average. Helix Energy's management efficiency ratios could be used to measure how well Helix Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.06 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0). At this time, Helix Energy's Non Currrent Assets Other are fairly stable compared to the past year. Other Assets is likely to rise to about 108.3 M in 2024, whereas Total Assets are likely to drop slightly above 2.4 B in 2024.
Helix Energy Solutions has 540.57 M in debt with debt to equity (D/E) ratio of 0.32, which is OK given its current industry classification. Helix Energy Solutions has a current ratio of 1.41, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Helix to invest in growth at high rates of return.

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Helix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas. Helix Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1327 people. Helix Energy Solutions (HLX) is traded on New York Stock Exchange in USA. It is located in 3505 West Sam Houston Parkway North, Houston, TX, United States, 77043 and employs 2,531 people. Helix Energy is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Helix Energy Solutions Leadership Team

Elected by the shareholders, the Helix Energy's board of directors comprises two types of representatives: Helix Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Helix. The board's role is to monitor Helix Energy's management team and ensure that shareholders' interests are well served. Helix Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Helix Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Watt, Independent Director
Jan Rask, Independent Director
Kenneth JD, General VP
Brent Arriaga, Chief Accounting Officer, Controller
Terrence Jamerson, Director, Finance and Investor Relations
Amy Nelson, Independent Director
Amerino Gatti, Independent Director
Kenneth Neikirk, Senior Vice President General Counsel, Secretary
Erik Heymann, Deputy Sec
John Lovoi, Independent Director
Erik CPA, Executive CFO
Erik Staffeldt, Chief Financial Officer, Executive Vice President, IR Contact Officer
William Transier, Independent Chairman of the Board
Scott Sparks, Chief Operating Officer, Executive Vice President
T Little, Director
Owen Kratz, President, Chief Executive Officer, Director

Helix Stock Performance Indicators

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When running Helix Energy's price analysis, check to measure Helix Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helix Energy is operating at the current time. Most of Helix Energy's value examination focuses on studying past and present price action to predict the probability of Helix Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helix Energy's price. Additionally, you may evaluate how the addition of Helix Energy to your portfolios can decrease your overall portfolio volatility.