HLX vs. KMI
HLX (Helix Energy Solutions Group, Inc.) and KMI (Kinder Morgan, Inc.) are both stocks. Both are in the Energy sector — HLX in Oil & Gas Equipment & Services, KMI in Oil & Gas Midstream. Over the past 10 years, HLX returned 1.76%/yr vs 11.21%/yr for KMI. At a 0.46 correlation, their price movements are largely independent.
Performance
HLX vs. KMI - Performance Comparison
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Returns By Period
In the year-to-date period, HLX achieves a 52.15% return, which is significantly higher than KMI's 16.28% return. Over the past 10 years, HLX has underperformed KMI with an annualized return of 1.76%, while KMI has yielded a comparatively higher 11.21% annualized return.
HLX
- 1D
- -1.85%
- 1M
- -6.93%
- YTD
- 52.15%
- 6M
- 30.68%
- 1Y
- 42.18%
- 3Y*
- 10.71%
- 5Y*
- 8.11%
- 10Y*
- 1.76%
KMI
- 1D
- -0.22%
- 1M
- -3.39%
- YTD
- 16.28%
- 6M
- 17.65%
- 1Y
- 14.39%
- 3Y*
- 29.68%
- 5Y*
- 17.09%
- 10Y*
- 11.21%
HLX vs. KMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLX Helix Energy Solutions Group, Inc. | 52.15% | -32.73% | -9.34% | 39.30% | 136.54% | -25.71% | -56.39% | 78.00% | -28.25% | -14.51% |
KMI Kinder Morgan, Inc. | 16.28% | 4.74% | 64.42% | 4.10% | 21.23% | 23.75% | -30.77% | 44.43% | -11.18% | -10.56% |
Correlation
The correlation between HLX and KMI is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2011 | 0.46 |
Over the past year, the correlation between HLX and KMI has dropped to 0.18 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
Fundamentals
HLX:
$1.40B
KMI:
$69.80B
HLX:
$0.10
KMI:
$1.53
HLX:
98.49
KMI:
20.51
HLX:
2.19
KMI:
1.25
HLX:
1.09
KMI:
3.98
HLX:
0.86
KMI:
2.23
HLX:
$1.30B
KMI:
$17.52B
HLX:
$140.43M
KMI:
$5.86B
HLX:
$178.55M
KMI:
$6.90B
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Return for Risk
HLX vs. KMI — Risk / Return Rank
HLX
KMI
HLX vs. KMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Helix Energy Solutions Group, Inc. (HLX) and Kinder Morgan, Inc. (KMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| HLX | KMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.14 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | 1.30 | +0.73 |
| Martin ratioReturn relative to average drawdown | 4.22 | 2.64 | +1.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HLX | KMI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.71 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.76 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.41 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.17 | -0.13 |
Drawdowns
HLX vs. KMI - Drawdown Comparison
The maximum HLX drawdown since its inception was -97.87%, which is greater than KMI's maximum drawdown of -72.70%. Use the drawdown chart below to compare losses from any high point for HLX and KMI.
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Drawdown Indicators
| HLX | KMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.87% | -72.70% | -25.17% |
Max Drawdown (1Y)Largest decline over 1 year | -20.83% | -11.11% | -9.72% |
Max Drawdown (3Y)Largest decline over 3 years | -55.54% | -18.40% | -37.14% |
Max Drawdown (5Y)Largest decline over 5 years | -61.66% | -20.31% | -41.35% |
Max Drawdown (10Y)Largest decline over 10 years | -91.46% | -55.13% | -36.33% |
Current DrawdownCurrent decline from peak | -79.63% | -8.57% | -71.06% |
Average DrawdownAverage peak-to-trough decline | -55.20% | -32.06% | -23.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.02% | 5.49% | +4.53% |
Volatility
HLX vs. KMI - Volatility Comparison
Helix Energy Solutions Group, Inc. (HLX) has a higher volatility of 10.70% compared to Kinder Morgan, Inc. (KMI) at 7.15%. This indicates that HLX's price experiences larger fluctuations and is considered to be riskier than KMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLX | KMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.70% | 7.15% | +3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 34.08% | 15.03% | +19.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.02% | 20.33% | +27.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.56% | 22.58% | +28.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.74% | 27.74% | +38.00% |
Dividends
HLX vs. KMI - Dividend Comparison
HLX has not paid dividends to shareholders, while KMI's dividend yield for the trailing twelve months is around 3.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLX Helix Energy Solutions Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KMI Kinder Morgan, Inc. | 3.75% | 4.24% | 4.18% | 6.38% | 6.10% | 6.76% | 7.59% | 4.49% | 4.71% | 2.77% | 2.41% | 12.94% |
Financials
HLX vs. KMI - Financials Comparison
This section allows you to compare key financial metrics between Helix Energy Solutions Group, Inc. and Kinder Morgan, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HLX vs. KMI - Profitability Comparison
HLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Helix Energy Solutions Group, Inc. reported a gross profit of 8.83M and revenue of 287.95M. Therefore, the gross margin over that period was 3.1%.
KMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kinder Morgan, Inc. reported a gross profit of 0.00 and revenue of 4.83B. Therefore, the gross margin over that period was 0.0%.
HLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Helix Energy Solutions Group, Inc. reported an operating income of -13.32M and revenue of 287.95M, resulting in an operating margin of -4.6%.
KMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kinder Morgan, Inc. reported an operating income of 1.44B and revenue of 4.83B, resulting in an operating margin of 29.9%.
HLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Helix Energy Solutions Group, Inc. reported a net income of -13.41M and revenue of 287.95M, resulting in a net margin of -4.7%.
KMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kinder Morgan, Inc. reported a net income of 1.06B and revenue of 4.83B, resulting in a net margin of 22.0%.
Frequently Asked Questions
HLX and KMI have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HLX has higher volatility (10.70%) compared to KMI (7.15%). In terms of maximum drawdown, HLX dropped -97.87% vs KMI's -72.70%.
HLX currently has the higher Sharpe Ratio (0.89 vs 0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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