Helix Energy Solutions Group, Inc. (NYSE:HLX)

"Two companies exploring the South Pacific seas with new remote-controlled robots are betting rocks like these will start an underwater gold rush for billions of dollars lining the ocean floor, reversing the prospects for a method of mining that has never been economical"

value

http://www.reuters.com/article/2011/07/26/helix-energy-idUSL3E7IQ3YA20110726?feedType=RSS&feedName=marketsNews&rpc=43

Helix is involved in a recent blowout cap technology along with XOM and COP. Looks to trend up.

The Gulf of Mexico is on fire with a swarm of new inspection regulations. Oil prices are on the rise with the government dollar trashing policy, and we are going to have to drill our way out of the mess. Oil service companies that contract along the Gulf Coast will have their best year ever in 2011.

Well positioned in deep water services, with significant assets coming into production in the next year, after previously being a Capex drain.
Company response and performance during BP Horizon spill gained it widespread recognition and exposure, not to mention high margin contract rates.

Near a 52 week low and the CEO has purchased 400K shares in the last 9 months.

Doesn't look like a favorable future for energy companies. BP has marked them all with a Scarlet Letter.

With the overwhelming majority of the energy sector getting beaten down by the Horizon spill, the sector as a whole is primed to come back. Helix is currently down 40% from the 52 week high in The later part of April this year. Definitely out perform over the next 4-5 months as the mid-term elections begin to pan out, and the so called "experts" decide weather or not the recession is over or if there will be a double dip.

Already did an analysis at a value investor forum - it's quite long.

http://valueinvestingforum.net/value-investing/my-hlx-analysis-feel-free-to-disagree/

Intuition

Based on Einhorn analyst. This is the value play or the inverse of top Wall Street bests that failed. Their loss are our gain.

Revenue stream from new builds should be stronger than forcast.

HLX has been on the rise recently but I think it still has room to grow. New laws opening up the Atlantic seaboard Delaware south means new drilling for the first time in decades - ditto for the eastern Gulf Coast. HLX has solid financials, has begun selling non-core business assets, and turns a profit. What's not to like?

drill for oil means lots more platforms offshore

Very good stock with heavy insider buying.

The little company that could.

Energy is critical

This thing is primed for a steady climb with the price of oil and the gap to back to where it was pre crash. The CEO just bought 1.2 mill at about 11.70 a share. We will see 20 bucks a share in less than 2 months from now