Helix Energy reports Q4 EPS 13c, consensus 9c
Reports Q4 revenue $355.13M, consensus $311.66M. CEO Owen Kratz stated, “Our full-year results for 2024 reflect our third consecutive year of revenue and EBITDA growth, with our highest EBITDA since 2014, despite a pull-back in our Shallow Water Abandonment segment. Our Free Cash Flow is the highest in two decades and would have been even higher absent the $58M earnout payment included in our operating cash flows…We completed the restructuring of our balance sheet with the retirement of our remaining convertible notes during the year,
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Read MoreThe Burst
The ONLY Investing Rule That Matters
Yesterday the market fell as the Fed hiked rates, and more importantly signaled that it would continue to do so for longer than originally expected. But you might be surprised to discover this market reaction was highly unusual for 2022.
We’ll get back to the market in a moment but first, a quick throwback.
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Read MoreThe Ivy
Market Commentary: Billionaire Investment Memo Secrets Revealed
Howard Marks is the billionaire founder of Oaktree Capital, which oversees $164 billion. Last we looked his net worth eclipsed $2.2 billion. That kind of wealth isn’t accumulated by accident. So what’s his formula for success?
We jumped down the rabbit hole to explore what secrets lay within his investment memos and here is a list that could be helpful in building enormous wealth over the long-term.
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