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.

Helmerich & Payne (HP) posts robust Q4 earnings, eyes cost management

Helmerich & Payne (HP) reported strong financials for Q4 2024, with a focus on customer outcomes and market share growth. The company anticipates stable rig activity and margins in the upcoming quarter, despite challenges related to rig suspensions in Saudi Arabia. Operational guidance for fiscal 2025 emphasizes cost management, debt reduction, and shareholder value.

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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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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.

Helmerich & Payne (HP) Incurs Narrower-Than-Expected Q4 Loss

Contract drilling company Helmerich & Payne's stock gained 14.4% in the last 5 trading days. This has been a common theme for the companies associated with energy and natural resources industry.

Helmerich & Payne's Stock May Have Gained 14%, But Should You Invest?

Lindsay

Helmerich & Payne, Inc. (HP) CEO John Lindsay on Q4 2020 Results - Earnings Call Transcript

Helmerich & Payne (HP) delivered earnings and revenue surprises of 7.50% and -1.93%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Helmerich & Payne (HP) Reports Q4 Loss, Misses Revenue Estimates

Shares of Helmerich & Payne (NYSE:HP) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 294.74% over the past year to ($0.74), which beat the estimate of ($0.80).

Helmerich & Payne: Q4 Earnings Insights

Helmerich & Payne's (HP) cost-reduction efforts are likely to have boosted its fourth-quarter fiscal 2020 earnings and cash flows.

Will Cost Control Aid Helmerich & Payne's (HP) Q4 Earnings?

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at delivering attractive risk-adjusted returns rather than following the ups and downs of equity markets hoping that they will outperform the broader market. Our research shows that certain hedge funds do have great stock picking skills (and we can identify these hedge funds in advance pretty accurately), so let's take a glance at the smart money sentiment towards Helmerich & Payne, Inc. (NYSE:HP).

Were These Hedge Funds Wrong About Helmerich & Payne, Inc. (HP)?

TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) fiscal fourth quarter 2020 earnings release, you are invited to listen to its conference call on Friday, November 20, 2020, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Director of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What:       Helmerich & Payne, Inc.'s Fiscal Fourt

Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter 2020 Conference Call and Webcast

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TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc.

Helmerich & Payne, Inc. To Participate in Virtual Conferences in September 2020

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

Why Is Helmerich & Payne (HP) Down 10.2% Since Last Earnings Report?

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Helmerich & Payne, Inc. (HP) CEO John Lindsay on Q3 2020 Results - Earnings Call Transcript

In addition to the cost containment initiatives announced previously, Helmerich & Payne (HP) expects to lower its cost structure by a further $25 million annually.

Helmerich & Payne (HP) Incurs Narrower-Than-Expected Q3 Loss

Helmerich & Payne (HP) has gone past the Zacks Consensus Estimate in three of the last four reports, with the average positive surprise being 12.1%.

Cost Reduction to Aid Helmerich & Payne's (HP) Q3 Earnings

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Should Helmerich & Payne Investors Hold On?

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News for Helmerich & Payne Stock (HP)