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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Surging Earnings Estimates Signal Upside for Helmerich & Payne (HP) Stock

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Helmerich & Payne, Inc. (NYSE:HP ) Q4 2022 Earnings Conference Call November 17, 2022 11:00 AM ET Company Participants Dave Wilson - Vice President of Investor Relations John Lindsay - President and Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Derek Podhaizer - Barclays David Smith - Pickering Energy Partners Luke Lemoine - Piper Sandler Arun Jayaram - JPMorgan Chase & Co. Waqar Syed - ATB Capital Markets Inc. Marc Bianchi - Cowen Inc. Operator Good day, everyone, and welcome to today's Helmerich & Payne Fiscal Fourth Quarter Earnings Call. At this time, all participants are in a listen-only mode.

Helmerich & Payne, Inc. (HP) Q4 2022 Earnings Call Transcript

Helmerich & Payne (HP) delivered earnings and revenue surprises of 0% and 6.76%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Helmerich & Payne (HP) Q4 Earnings Match Estimates

Strong performance of its North America Solutions segment is likely to have boosted Helmerich & Payne's (HP) profit levels in the fiscal fourth quarter.

Is a Beat in Store for Helmerich & Payne (HP) in Q4 Earnings?

Helmerich & Payne (HP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Helmerich & Payne (HP) Might Surprise This Earnings Season

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Are You Looking for a Top Momentum Pick? Why Helmerich & Payne (HP) is a Great Choice

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 11.2% Jump Turn into More Strength?

Helmerich (HP) announces a quarterly cash supplemental dividend of 23.5 cents per share and sets its fiscal year 2023 capex budget between $425 and $475 million.

Helmerich (HP) Declares Extra Dividend, Capex Plans for FY23

Helmerich & Payne, Inc. Announces Supplemental Shareholder Return Plan and Capital Budget for Fiscal 2023 and Conference Call and Webcast for Fiscal Fourth Quarter 2022

Helmerich & Payne (HP) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Here's Why Helmerich & Payne (HP) Could be Great Choice for a Bottom Fisher

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Helmerich & Payne reported $550.23 million in the fiscal third quarter of 2022, up from $332.21 million in the same quarter a year ago and up 17.7% sequentially. H&P left the third fiscal quarter with 175 contracted rigs, which was in line with the company's previous guidance.

Helmerich & Payne: Positive Net Income An Encouraging Sign

What Makes Helmerich & Payne (HP) a Strong Momentum Stock: Buy Now?

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Helmerich & Payne (HP) Crossed Above the 50-Day Moving Average: What That Means for Investors

The consensus price target hints at a 26.5% upside potential for Helmerich & Payne (HP). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

News for Helmerich & Payne Stock (HP)