Helmerich & Payne

Helmerich & Payne, Inc. engages in contract drilling of oil and gas well. It operates through the following segments: North America Solutions, Offshore Gulf of Mexico, International Solutions, and Other. The North America Solutions segment operates its drilling business primarily North America and have a presence in most of the U.S. shale and unconventional basins. The Offshore Gulf of Mexico segment conducts its business in the Gulf of Mexico. The International Solutions segment operates in six international locations including Argentina, Colombia, Bahrain, and United Arab Emirates. The company was founded by Walter Helmerich Hugo II and William Payne in 1920 and is headquartered in Tulsa, OK.

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Helmerich & Payne (HP) posts strong Q1 earnings, eyes international growth

Helmerich & Payne (HP) delivers strong financial performance in Q1 2023, driven by robust revenue and margin growth. The company's focus on technology, international expansion, and performance contracts positions it well for future growth. Challenges in managing capital expenditures and steel price fluctuations require strategic attention.

Helmerich & Payne reports strong Q2 performance amidst market challenges

Helmerich & Payne's Q2 performance reflects strong margins and returns, despite challenges in the energy markets.
The company's strategic focus on delivering value, managing costs, and optimizing customer relationships positions it well for future growth.
With a commitment to innovation and customer-centric solutions, Helmerich & Payne aims to navigate market fluctuations and drive sustainable returns.

Helmerich & Payne (HP) reports strong Q3 earnings and eyes international expansion for growth

Helmerich & Payne (HP) reported a strong quarter with a focus on service quality and capital returns to shareholders. Despite challenges like declining rig activity and margin compression, the company remains optimistic about increased activity in Q4. International expansion and performance-based contracts present growth opportunities for the future.

Helmerich & Payne reports resilient Q4 performance amidst industry challenges

Helmerich & Payne (HP) navigated challenges in fiscal 2023 with a focus on contract economics and delivering value to customers and shareholders.
Despite industry headwinds, H&P maintained strong financial performance, with positive outlooks on international growth opportunities and energy transition strategies.
The company's disciplined approach to capital allocation, strong liquidity position, and market dynamics provide a foundation for future growth and value creation.
H&P's performance in Q4 2023 showcased resilience in direct margins, operational efficiency, and strategic positioning for long-term success in the drilling industry.

Helmerich & Payne (HP) posts robust Q1 results, eyes international growth

Helmerich & Payne (HP) delivered a strong Q1 performance, focusing on growth, financial stability, and operational efficiency.
The company's emphasis on high-spec rigs, performance contracts, and international expansion positions it for long-term success.
Challenges in managing international deployments and market uncertainties are balanced by opportunities in expanding operations and optimizing contracts.
Leadership's optimism about energy fundamentals and commitment to delivering returns above the cost of capital underscore a positive outlook for the future.

Helmerich & Payne reports resilient Q2 results amidst market challenges

Helmerich & Payne's Q2 performance showcased resilience in the face of market challenges, with a strategic focus on sustainability and international expansion. While facing U.S. market churn and supply chain constraints, the company remains optimistic about stable rig counts and potential growth opportunities. Management's emphasis on technology adoption and cost efficiency positions the company for future success.

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Helmerich & Payne, Inc. engages in the provision of drilling solutions and technologies. It operates through the following segments: North America Solutions, Offshore Gulf of Mexico, International Solutions, and Other. The North America Solutions segment focuses on the operation of the AC drive drilling rig fleet. The Offshore Gulf of Mexico segment offers management contract services to customer platforms where the customer owns the drilling rig. The International Solutions segment includes Argentina, Colombia, Bahrain, and United Arab Emirates. The Other segment includes an incubator program for research and development projects. The company was founded by Walter Hugo Helmerich II and William Payne in 1920 and is headquartered in Tulsa, OK.

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Helmerich & Payne (NYSE:HP) announces its next round of earnings this Thursday, April 29. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.

Helmerich & Payne Earnings Preview

Helmerich & Payne (HP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Helmerich & Payne (HP) Expected to Beat Earnings Estimates: Should You Buy?

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TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) fiscal second quarter 2021 earnings release, you are invited to listen to its conference call on Friday, April 30, 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 Second Q

Helmerich & Payne, Inc. Announces Fiscal Second Quarter 2021 Conference Call and Webcast

The shares of Helmerich & Payne have recovered a substantial portion of their lost value since OPEC guided mandatory production curtailments last year. The company is a drilling services provider to exploration and production companies in the U.S. In 2020, the U.S. and international operations.

Low Oil Demand Weighing On Helmerich & Payne Stock

Helmerich & Payne (HP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Strength Seen in Helmerich & Payne (HP): Can Its 12.6% Jump Turn into More Strength?

Shares of this U.S.-focused oil services company are down a lot, but there is definitely solid rebound potential here.

Near a 10-Year Low, Is Helmerich & Payne a Buy?

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Dave Wilson, Vice President of Investor Relations; and other members of H&P management plan to participate in the following investor conferences during the months of February and March 2021. Participation by the management team will vary by event. Barclays IG/HY Energy and Pipeline Corpo

Helmerich & Payne, Inc. To Participate in Virtual Conferences in February & March 2021

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Helmerich & Payne, Inc's (HP) CEO John Lindsay on Q1 2021 Results - Earnings Call Transcript

Helmerich & Payne's (HP) operating revenues of $246.4 million topped the Zacks Consensus Estimate of $241 million on better-than-expected results from the key North America Solutions segment.

Helmerich & Payne (HP) Incurs Wider-Than-Expected Q1 Loss

Shares of Helmerich & Payne (NYSE:HP) were unchanged in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 730.77% year over year to ($0.82), which missed the estimate of ($0.79).

Recap: Helmerich & Payne Q1 Earnings

Helmerich & Payne's (HP) cost-control measures are likely to have boosted its earnings and cash flows in the fiscal first quarter.

Is a Beat Likely for Helmerich & Payne (HP) in Q1 Earnings?

TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) fiscal first quarter 2021 earnings release, you are invited to listen to its conference call on Wednesday, February 10, 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 F

Helmerich & Payne, Inc. Announces Fiscal First Quarter 2021 Conference Call and Webcast

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Dave Wilson, Vice President of Investor Relations; and other members of H&P management plan to participate in the following investor conferences during the month of January 2021. Participation by the management team will vary by event. The Goldman Sachs Global Energy Conference 2021 on b

Helmerich & Payne, Inc. To Participate in Virtual Conferences in January 2021

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Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the stock?

Helmerich & Payne (HP) Up 20.2% Since Last Earnings Report: Can It Continue?

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While the recovery in oilfield services has been to the upside, Helmerich & Payne's (NYSE: HP) stock valuation appears “stretched” even with a more optimistic U.S. rig count forecast for the near term, according to BofA Securities. The Helmerich & Payne Analyst: Chase Mulvehill downgraded Helmerich & Payne from Neutral to Underperform while raising the price target from $21 to $23.

BofA Downgrades Helmerich & Payne On Valuation

Year over year numbers were not impressive, but I like this stock for its valuation

Helmerich & Payne - A Fair Value Report

For the fiscal fourth quarter, Helmerich & Payne's (HP) Offshore Gulf of Mexico unit generates revenues of $32.3 million, down from $38.5 million in the prior-year quarter.

News for Helmerich & Payne Stock (HP)