Helix Energy engineers, manages and conducts well intervention operations that include production enhancement and abandonment and construction in water depths ranging from 200 to 10,000 feet. It offers remotely operated vehicles, trenchers and drills for offshore construction and well intervention services. It also provides intervention engineering; inspection, repair and maintenance of production structures, trees, jumpers, risers, pipelines, subsea equipment and related support services. In addition, the company offers reclamation and remediation services, well plug and abandonment services, pipeline abandonment services and site inspections.
The company also engages in the installation of flowlines, control umbilicals and manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing and inspection activities; and provision of cable and umbilical lay and connection services. Additionally, the company offers oil and natural gas processing facilities and services to oil and gas companies, as well as a fast response system. It serves independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies and offshore engineering and construction firms.
BTIG Research has set its price target at $10, while Helix Energy Solutions Group stock has an $11.00 consensus target. Shares traded at $6.75 on Friday.
iQiyi
Many top analysts feel that shares of this company could explode higher soon. iQiyi Inc. (NASDAQ: IQ) provides online entertainment services under the iQiyi brand in the People’s Republic of China. The company offers various products and services, including internet video, online games, live broadcasting, online literature, animations, e-commerce and a social media platform.
The company operates a platform that provides a collection of internet video content, including professionally produced content licensed from professional content providers and self-produced content. iQiyi also provides membership, content distribution and online advertising services.
In addition, it operates iQiyi Show, a live broadcasting service that enables users to follow their favorite hosts, celebrities and shows in real-time through live broadcasting; and iQiyi Lite, an easy and quick access to the personalized videos based on their user preferences. Further, it is involved in the talent agency and IP licensing activities, as well as engages in developing a video community app.
Credit Suisse’s $8 target price is in line with the $8.03 consensus target. iQiyi stock traded at $5.10 on Friday.
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