HP - Earnings announcements

Helmerich & Payne, Inc. (NYSE:HP): Operating and Financial Highlights for the Quarter Ended March 31, 2026 H&P announced consolidated revenue of $932 million, reflecting solid performance despite a dynamic macro environment. Consolidated net loss of $(59) million, or $(0.59) per share, which includes the impact of a non-cash impairment charge of $26 million. Adjusted for this and other non-recurring one-time items, adjusted earnings(1) were $(38) million, or $(0.38) per share. Consolidated adjusted EBITDA(2) totaled $178 million. Expanding deployment of FlexRobotics™ Technology to support growing customer demand. North America Solutions (NAS) reported operating income of $1

Helmerich & Payne, Inc. (NYSE:HP) will host a conference call on Thursday, May 7, 2026, at 11 a.m. ET to discuss its fiscal second quarter 2026 results. President and CEO Trey Adams and Senior Vice President and CFO Kevin Vann will lead the call. The earnings release and accompanying presentation will be available at hpinc.com. Investors can join the call via phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal Second Quarter 2026 Earnings Release. Other material developments may also be discussed.         When: 11 a.m. ET (10 a.m. CT), Thursday, May 7, 2026           Via Phone: Domes

Helmerich & Payne, Inc. (NYSE:HP) Operating and Financial Highlights for the Quarter Ended December 31, 2025 The Company reported consolidated net loss of $(97) million, or $(0.98) per share, which includes the impact of a non-cash impairment charge of $103 million. Adjusted for this and other non-recurring one-time items, adjusted earnings(1) were $(14) million, or $(0.15) per share. North America Solutions (NAS) reported operating income of $36 million for the quarter, compared with $118 million in the prior quarter. These results include a one-time impairment of $98 million. NAS generated direct margins(2) of $239 million, resulting in direct margin(2) per day of $18,193, reflect

Helmerich & Payne, Inc. (NYSE:HP) will host a conference call on Thursday, February 5, 2026, at 11 a.m. ET to discuss its fiscal first quarter 2026 results. CEO John Lindsay, President Trey Adams, and Senior Vice President and CFO Kevin Vann will lead the call. The earnings release and accompanying presentation will be available at hpinc.com. Investors can join the call via phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal First Quarter 2026 Earnings Release. Other material developments may also be discussed.         When: 11 a.m. ET (10 a.m. CT), Thursday, February 5, 2026         Via P

Helmerich & Payne, Inc. (NYSE:HP) Operating and Financial Highlights for the Quarter Ended September 30, 2025 The Company realized a consolidated net loss of $(57) million, or $(0.58) per share, which includes the impact of non-recurring charges of $56 million. Adjusted for this and other non-recurring one-time items, adjusted net loss(1) was $(1) million, or $(0.01) per share. The Company has received notifications for seven rigs to resume operations in Saudi Arabia during the first half of 2026. With these rig resumptions, the total operating rig count in country will increase to 24 total rigs by the middle of 2026. North America Solutions (NAS) segment reported operating incom

Helmerich & Payne, Inc. (NYSE:HP) will host a conference call on Tuesday, November 18, 2025, at 11:00 a.m. ET to discuss its fiscal fourth quarter 2025 results. CEO John Lindsay and Senior Vice President and CFO Kevin Vann will lead the call. The earnings release and accompanying presentation will be available at hpinc.com. Investors can join the call via phone or audio webcast. What: Helmerich & Payne, Inc.'s Fiscal Fourth Quarter 2025 Earnings Release. Other material developments may also be discussed.     When: 11:00 a.m. ET (10:00 a.m. CT), Tuesday, November 18, 2025     Via Phone: Domestic: 800-245-3047 A

  Helmerich & Payne, Inc. (NYSE:HP): Operating and Financial Highlights for the Quarter Ended June 30th, 2025 The Company realized a consolidated net loss of $(163) million, or $(1.64) per share, which includes the impact of a non-cash goodwill impairment charge of $173 million. Adjusted for this and other non-recurring one-time items, earnings were $22 million, or $0.22 per share. North America Solutions (NAS) segment reported operating income of $158 million during the quarter compared to $152 million during the prior quarter. NAS maintained industry-leading direct margins(1) of $266 million during the quarter, yielding an associated margin(1) per day of $19,860. Internationa

Helmerich & Payne, Inc. (NYSE:HP) will host a conference call Thursday, August 7, 2025, at 11:00 a.m. ET to discuss its fiscal third quarter 2025 results. President and CEO John Lindsay and Senior Vice President and CFO Kevin Vann will lead the call. The earnings release and accompanying presentation will be available at hpinc.com. Investors can join the call via phone or audio webcast.   What:   Helmerich & Payne, Inc.'s Fiscal Third Quarter 2025 Earnings Release. Other material developments may also be discussed.           When:   11:00 a.m. ET (10:00 a.m. CT), Thursday, August 7, 2025           Via

Helmerich & Payne, Inc. (NYSE:HP) today reported financial results for its fiscal second quarter ended on March 31, 2025. Operating and Financial Highlights Completed the acquisition of KCA Deutag, representing a major milestone in the Company's long-term international growth strategy H&P now expects to realize in excess of $25 million in expense synergies associated with the KCA Deutag acquisition; additionally we have identified further permanent cost savings that when aggregated with the synergies, we would expect the overall cost structure to be reduced by $50 to $75 million Reported net income of $1.7 million, or $0.01 per diluted share, from operating revenues of $1.0 billion f

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) fiscal second quarter 2025 earnings release, you are invited to listen to its conference call on Thursday, May 8, 2025, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Kevin Vann, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. The earnings release and presentation for the quarterly results will be available on the company's website at hpinc.com. Investors may listen to the conference call either by phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal Second Quarter 2025 Earnings Release. Other material developments may also be discussed.         Whe

Helmerich & Payne, Inc. (NYSE:HP) today announced that John Lindsay, President and Chief Executive Officer; Kevin Vann, Senior Vice President and Chief Financial Officer; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of March 2025. Participation by the management team will vary by event. The Piper Sandler 25th Annual Energy Conference on Tuesday and Wednesday, March 18-19, 2025; Lindsay will participate in a panel discussion on behalf of the Company on Wednesday, March 19, 2025 at 10:45 a.m. U.S. PT. The NYSE Energy & Utilities Virtual Investor Access Day on Thursday, March 20, 2025. Market Update: Sub

Helmerich & Payne, Inc. (NYSE:HP) reported net income of $55 million, or $0.54 per diluted share, from operating revenues of $677 million for the quarter ended December 31, 2024, compared to net income of $75 million, or $0.76 per diluted share, from operating revenues of $694 million for the quarter ended September 30, 2024. The net income per diluted share for the first quarter of fiscal 2025 and fourth quarter of fiscal year 2024 include net $(0.17) and $0.00 of after-tax gains and losses, respectively, comprised of select items(1). Net cash provided by operating activities was $158 million for the first quarter of fiscal year 2025 compared to net cash provided by operating activities

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) fiscal first quarter 2025 earnings release, you are invited to listen to its conference call on Thursday, February 06, 2025, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Kevin Vann, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. The earnings release and presentation for the quarterly results will be available on the company's website at www.helmerichpayne.com. Investors may listen to the conference call either by phone or audio webcast.   What:     Helmerich & Payne, Inc.'s Fiscal First Quarter 2025 Earnings Release. Other material developments may also be d

The Company reported fiscal fourth quarter and fiscal year 2024 net income of $0.76 and $3.43 per diluted share, respectively, including select items(1) that had a neutral impact on fiscal fourth quarter diluted earnings per share and a $(0.07) per share impact on fiscal year diluted share The North America Solutions ("NAS") segment exited the fourth quarter of fiscal year 2024 with 151 active rigs and recognized revenue per day of approximately $39,100/day with associated direct margins(2) per day of $19,800/day during the quarter Quarterly NAS operating income decreased $8 million sequentially to $156 million; while direct margins(2) decreased $3 million to approximately $275 mil

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) fiscal fourth quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, November 14, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Kevin Vann, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What:   Helmerich & Payne, Inc.'s Fiscal Fourth Quarter 2024 Earnings Release. Other material developments may also be discussed.           When:   11:00 a.m. ET (10:00 a.m. CT), Thursday, November 14, 2024           Via Phone:  

Establishes H&P as a global leader in onshore drilling Immediately accretive to cash flow and free cash flow per share Enhances scale and diversification, now with leading positions in the U.S. and Middle East, the two most prominent oil and gas producing regions in the world Increases H&P's Middle East rig count(1) from 12 rigs to 88 rigs; positioning the Company as one of the largest rig providers in the Middle East market Expects to maintain its high-quality investment grade credit rating Adds complementary, asset-light global offshore management contract business and manufacturing and engineering operations in Europe and Middle East H&P to host a conference call to di

The Company reported fiscal third quarter net income of $89 million, or $0.88 per diluted share; including select items(1) of $(0.04) per diluted share The North America Solutions ("NAS") segment exited the third quarter of fiscal year 2024 with 146 active rigs and recognized revenue per day of $39,800/day with associated direct margins(2) per day of $20,300/day during the quarter Quarterly NAS operating income increased $16 million sequentially; while direct margins(2) increased by $6 million to $277 million, as revenues increased by $6 million to $620 million and expenses remained relatively flat at $343 million H&P's NAS segment anticipates exiting the fourth quarter of fisc

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) fiscal third quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, July 25, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal Third Quarter 2024 Earnings Release. Other material developments may also be discussed.         When: 11:00 a.m. ET (10:00 a.m. CT), Thursday, July 25, 2024        

The Company reported fiscal second quarter net income of $85 million, or $0.84 per diluted share; including select items(1) that had a neutral impact on diluted earnings per share The North America Solutions ("NAS") segment exited the second quarter of fiscal year 2024 with 152 active rigs with revenue per day averaging approximately $38,200/day, flat on a sequential basis; while direct margins(2) per day increased by approximately $500/day to $19,200/day Quarterly NAS operating income increased $3 million sequentially; while direct margins(2) increased by $15 million to approximately $271 million, as revenues increased by $19 million to $613 million and expenses increased by $4 mill

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) second quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, April 25, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast. What: Helmerich & Payne, Inc.'s Fiscal Second Quarter 2024 Earnings Release. Other material developments may also be discussed.     When: 11:00 a.m. ET (10:00 a.m. CT), Thursday, April 25, 2024     Via Phone: Domestic: 800-267-6

The North America Solutions ("NAS") segment exited the first quarter of fiscal year 2024 with 151 active rigs and experienced an increase in revenue per day of approximately $1,000/day to $38,300/day on a sequential basis, while direct margins(1) per day increased by approximately $1,200/day to $18,700/day The Company reported fiscal first quarter net income of $95 million, or $0.94 per diluted share; including select items(2) of $(0.03) per diluted share Quarterly NAS operating income increased $16 million sequentially, while direct margins(1) increased $17 million to approximately $256 million, as revenues increased by $19 million to $594 million and expenses increased by $2 millio

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) first quarter 2024 earnings release, you are invited to listen to its conference call on Tuesday, January 30, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal First Quarter 2024 Earnings Release. Other material developments may also be discussed.         When: 11:00 a.m. ET (10:00 a.m. CT), Tuesday, January 30, 2024        

H&P announced its fiscal 2024 Supplemental Shareholder Return Plan(1), which is currently projected to provide approximately $168 million to shareholders comprised of established base and supplemental dividends in fiscal year 2024 The Company reported fiscal fourth quarter and fiscal year 2023 net income of $0.77 and $4.16 per diluted share, respectively, including select items(2) of $0.08 and $0.01 per diluted share, respectively The North America Solutions segment exited the fourth quarter of fiscal year 2023 with 147 active rigs reflecting an increase in revenue per day of approximately $200/day to $37,300/day on a sequential basis, while direct margins(3) per day decreased by rou

H&P announces its fiscal 2024 Supplemental Shareholder Return Plan, which is currently projected to provide approximately $168 million to shareholders, comprised of established base dividends as well as supplemental dividends 2024 Supplemental Shareholder Return Plan is comprised of a projected $100 million established base dividend, a planned $68 million supplemental dividend and approximately $68 million of unallocated cash, which combined with roughly $350 million of cash on hand provides ample flexibility H&P expects its capital expenditures for fiscal year 2024 to range between $450 and $500 million Approximately 60% of planned expenditures are earmarked for our North America

The Company reported fiscal third quarter net income of $95 million, or $0.93 per diluted share; including select items(1) of $(0.16) per diluted share Quarterly North America Solutions ("NAS") operating income decreased $13 million sequentially, while direct margins(2) decreased $19 million to approximately $277 million, as revenues decreased by $34 million to $642 million and expenses decreased by $15 million to $365 million The North America Solutions segment exited the third quarter of fiscal year 2023 with 153 active rigs reflecting an increase in revenue per day of approximately $790/day to $37,100/day on a sequential basis, while direct margins(2) per day increased by approxim

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) third quarter 2023 earnings release, you are invited to listen to its conference call on Thursday, July 27, 2023, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal Third Quarter 2023 Earnings Release. Other material developments may also be discussed.         When: 11:00 a.m. ET (10:00 a.m. CT), Thursday, July 27, 2023        

The Company reported fiscal second quarter net income of $1.55 per diluted share; including select items(1) of $0.29 per diluted share Quarterly North America Solutions operating income increased $37 million sequentially, while direct margins(2) increased $36 million to approximately $296 million, as revenues increased by $49 million to $676 million and expenses increased by $13 million to $380 million The North America Solutions segment exited the second quarter of fiscal year 2023 with 179 active rigs reflecting an increase in revenue per day of approximately $3,200/day or 10% to $36,300/day on a sequential basis, while direct margins(2) per day increased by roughly $2,300/day or

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) second quarter 2023 earnings release, you are invited to listen to its conference call on Thursday, April 27, 2023, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal Second Quarter 2023 Earnings Release. Other material developments may also be discussed.         When: 11:00 a.m. ET (10:00 a.m. CT), Thursday, April 27, 2023        

The Company reported fiscal first quarter net income of $0.91 per diluted share; including select items(1) of $(0.20) per diluted share Quarterly North America Solutions operating income increased $53 million sequentially, while direct margins(2) increased $57 million to approximately $260 million, as revenues increased by $75 million to $627 million and expenses increased by $18 million to $367 million The North America Solutions segment exited the first quarter of fiscal year 2023 with 184 active rigs reflecting an increase in revenue per day of approximately $3,500/day or 12% to $33,000/day on a sequential basis, while direct margins(2) per day increased by roughly $3,000/day or alm

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) fiscal first quarter 2023 earnings release, you are invited to listen to its conference call on Tuesday, January 31, 2023, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal First Quarter 2023 Earnings Release. Other material developments may also be discussed.         When: 11:00 a.m. ET (10:00 a.m. CT), Tuesday, January 31, 2023         Via Phone: Domestic: 800-8

H&P announced its fiscal 2023 Supplemental Shareholder Return Plan(1), which is currently projected to provide nearly $210 million combined in established base and supplemental dividends in fiscal year 2023 The Company reported fiscal fourth quarter and fiscal year net income of $0.42 and $0.05 per diluted share respectively, including select items(2) of $(0.03) and $(0.05) per diluted share respectively Quarterly North America Solutions operating income increased $35 million sequentially, while direct margins(3) increased $36 million to approximately $203 million, as revenues increased by $66 million to $552 million and expenses increased by $30 million to $349 million The North Ame

Helmerich & Payne, Inc. ("H&P" or the "Company") (NYSE:HP) today announced its supplemental shareholder return plan and capital budget for fiscal year 2023. The Company also announced the timing of the upcoming conference call and webcast for its fiscal fourth quarter of 2022. President and CEO John Lindsay commented, "I am pleased to announce the Company's 2023 supplemental shareholder return plan, which augments our long-standing commitment to returning cash to shareholders. Our current base dividend of $1/share per annum is meant to serve as a foundation of that cash return commitment throughout the cycles inherent in our industry. The supplemental dividend for fiscal 2023, which we ant

The Company reported fiscal third quarter net income of $0.16 per diluted share; including select items(1) of $(0.11) per diluted share H&P's North America Solutions segment exited the third quarter of fiscal year 2022 with 175 active rigs Quarterly North America Solutions operating income increased $56 million sequentially, while direct margins(2) increased $53 million to $168 million sequentially, as revenues increased by $77 million to $486 million and expenses increased by $24 million to $318 million North America Solutions revenue per day increased approximately $1,950/day or 8% to $26,500/day on a sequential basis, while direct margins(2) per day increased approximately $2,8

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) fiscal third quarter 2022 earnings release, you are invited to listen to its conference call on Thursday, July 28, 2022, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal Third Quarter 2022 Earnings Release. Other material developments may also be discussed.         When: 11:00 a.m. ET (10:00 a.m. CT), Thursday, July 28, 2022         Via Phone: Domestic: 877-830-2

H&P's North America Solutions segment exited the second quarter of fiscal year 2022 with 171 active rigs, up over 10% during the quarter Quarterly North America Solutions operating income increased $30 million sequentially, while direct margins(1) increased $30 million to $114 million sequentially, as revenues increased by $68 million to $409 million and expenses increased by $38 million to $294 million The Company reported a fiscal second quarter net loss of $(0.05) per diluted share; including select items(2) of $0.12 per diluted share North America Solutions revenue per day increased approximately $1,500/day or 7% to $24,500/day on a sequential basis with additional increases e

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) fiscal second quarter 2022 earnings release, you are invited to listen to its conference call on Thursday, April 28, 2022, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal Second Quarter 2022 Earnings Release. Other material developments may also be discussed.         When: 11:00 a.m. ET (10:00 a.m. CT), Thursday, April 28, 2022         Via Phone: Domestic: 877-8

H&P's North America Solutions segment exited the first quarter of fiscal year 2022 with 154 active rigs, up over 20% during the quarter Quarterly North America Solutions operating gross margins(1) increased $15 million to $84 million sequentially, as revenues increased by $48 million to $341 million and expenses increased by $32 million to $257 million The Company reported a fiscal first quarter net loss of $(0.48) per diluted share; including select items(2) of $(0.03) per diluted share On October 27, 2021, the Company redeemed all of its outstanding 2025 Notes, which resulted in a make-whole premium and write-off of unamortized discount and debt issuance costs of approximately $

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) fiscal first quarter 2022 earnings release, you are invited to listen to its conference call on Tuesday, February 1, 2022, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What:   Helmerich & Payne, Inc.'s Fiscal First Quarter 2022 Earnings Release. Other material developments may also be discussed.           When:   11:00 a.m. ET (10:00 a.m. CT), Tuesday, February 1, 2022           Via Phone:   Domes

In conjunction with Helmerich & Payne, Inc.'s (NYSE:HP) fiscal fourth quarter 2021 earnings release, you are invited to listen to its conference call on Thursday, November 18, 2021, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast. What: Helmerich & Payne, Inc.'s Fiscal Fourth Quarter 2021 Earnings Release. Other material developments may also be discussed.         When: 11:00 a.m. ET (10:00 a.m. CT), Thursday, November 18, 2021         Via Phone: Domestic

H&P's North America Solutions segment exited the third quarter of fiscal year 2021 with 121 active rigs, up over 10% during the quarter The Company ended the quarter with $558 million in cash and short-term investments and no amounts drawn on its $750 million revolving credit facility culminating in approximately $1.3 billion in available liquidity Quarterly North America Solutions operating gross margins(1) increased $11 million to $75 million sequentially, as revenues increased by $31 million to $281 million and expenses increased by $20 million to $206 million The Company reported a fiscal third quarter net loss of $(0.52) per diluted share; including select items(2) of $0.05 p