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How Is Helix Energy Solutions Group Reacting to Crude Oil Prices?

Alex Chamberlin
How Is Helix Energy Solutions Group Reacting to Crude Oil Prices?

Helix Energy Solutions Group’s (HLX) correlation with crude oil from January 1 to May 10 was 0.42, which indicates a positive relationship between HLX’s stock and crude oil prices. The VanEck Vectors Oil Services ETF’s (OIH) correlation coefficient with crude oil since January 1 was 0.62.