Houston-based offshore energy services company Helix Energy Solutions Group returned to profit in the fourth quarter 2017 from a loss in the prior-year period boosted by higher revenues and tax benefits.
Helix Energy on Monday reported net income of $50.6 million for the fourth quarter of 2017 compared to a net loss of $54.4 million for the same period in 2016 and net income of $2.3 million for the third quarter of 2017.
The net income for the year ended December 31, 2017 was $30.1 million compared to a net loss of $81.4 million for the year ended December 31, 2016.
Brazil Energy Insight 
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