Helix Energy Solutions Group, Inc. (HLX) secures 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 intervention vessels, riser systems, and remotely operated vehicles under the Subsea Services Alliance, highlighting Helix’s role in offshore decommissioning and production support. Based in Houston, HLX provides offshore energy services globally through various segments including Well Intervention and Robotics. While HLX has potential as an investment, certain AI stocks offer greater upside potential and less downside risk. For undervalued AI stock, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Helix Energy (HLX) Wins Multi-Year Gulf of Mexico Contract for Production and Well Abandonment Services