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.

Earnings data Q1 2021

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Earnings data Q4 2024

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.

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

Helmerich & Payne (HP) Up 20.3% Since Last Earnings Report: Can It Continue?

ViacomCBS

Viacom CBS (VIAC) Viacom CBS (NASDAQ:VIAC) is a media and entertainment company that operates worldwide. The TV Entertainment segment acquires or develops programming for distribution on the CBS network owns 29 broadcast stations to air this content with an additional 15 digital properties across platforms such as Netflix.

Viacom CBS and HP – Value Stocks to buy in 2022

Helmerich & Payne's (HP) operating revenues of $409.8 million topped the Zacks Consensus Estimate of $377 million and increased 66.3% from the year-ago level.

Helmerich & Payne (HP) Gains Since Posting Q1 Earnings Beat

Even though the worst of the Covid-19 pandemic and its severe downturn were in the past during 2021, Helmerich & Payne was still under pressure. When looking into 2022, they have recently released their results for their first fiscal quarter, and disappointingly, there have once again been no improvements to their cash flow performance.

Helmerich & Payne: Future Looking Increasingly Questionable

Lindsay

Helmerich & Payne, Inc. (HP) CEO John Lindsay on Q1 2022 Results - Earnings Call Transcript

Helmerich & Payne (HP) delivered earnings and revenue surprises of 10% and 7.53%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Helmerich & Payne (HP) Reports Q1 Loss, Tops Revenue Estimates

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) reported a net loss of $51 million, or $(0.48) per diluted share, from operating revenues of $410 million for the quarter ended December 31, 2021, compared to a net loss of $79 million, or $(0.74) per diluted share, on revenues of $344 million for the quarter ended September 30, 2021. The net losses per diluted share for first quarter of fiscal year 2022 and the fourth quarter of fiscal year 2021 include $(0.03) and $(0.12),

Helmerich & Payne, Inc. Announces First Quarter Results

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

Is a Surprise Coming for Helmerich & Payne (HP) This Earnings Season?

NEW YORK , Jan. 27, 2022 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Helmerich & Payne, Inc. (NYSE: HP). If you are a shareholder of Helmerich & Payne, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: http://pjlfirm.com/helmerich-payne-inc/   You may also contact Robert H.

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Helmerich & Payne, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors

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: What to Know Ahead of Q1 Release

Nabors Industries

Patterson-UTI Energy

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An increase in contracting activity and supportive dynamics should help the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Nabors Industries (NBR) enjoy some upside momentum.

These 4 Oil & Gas Drilling Stocks Are Worth a Closer Look

TULSA, Okla.--(BUSINESS WIRE)--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 Firs

Helmerich & Payne, Inc. Announces Fiscal First Quarter 2022 Conference Call and Webcast

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice President of Digital Operations, Sales & Marketing; Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of January 2022. Participation by the management team will vary by event. The Goldman Sachs Global Energy and Clean Technology Conference 20

Helmerich & Payne, Inc. To Participate in Virtual Conferences in January 2022

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE:HP) (“H&P” or the “Company”) today announced that it has released its inaugural Sustainability Report outlining the Company's sustainability efforts and performance data. President and CEO John Lindsay commented, “We are pleased to have issued H&P's inaugural sustainability report highlighting our efforts to maintain impactful corporate stewardship. H&P has long recognized the importance of promoting sustainability acr

Helmerich & Payne, Inc. Announces Release of Its Inaugural Sustainability Report

The shares of Helmerich & Payne dropped almost 38% fairly in-line with the monumental fall in benchmark oil prices over concerns of another infectious wave of the coronavirus pandemic. The company provides exploration and production services to upstream oil & gas operators in the U.S. and abroad.

Is Helmerich & Payne Stock A Gamble?

In the fiscal fourth quarter, Helmerich & Payne (HP) spends $33 million on capital programs.

Helmerich & Payne (HP) Stock Plunges 31.4% on Worse Q4 Loss

Helmerich & Payne, Inc. (HP) CEO John Lindsay on Q4 2021 Results - Earnings Call Transcript

Helmerich & Payne (HP) delivered earnings and revenue surprises of -24% and 0.06%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

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

Helmerich & Payne (NYSE:HP) reported its Q4 earnings results on Wednesday, November 17, 2021 at 04:15 PM. Here's what investors need to know about the announcement.

Recap: Helmerich & Payne Q4 Earnings

Helmerich & Payne (HP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Helmerich & Payne (HP) Report Negative Earnings Next Week? What You Should Know

TULSA, Okla.--(BUSINESS WIRE)--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 Fourt

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

Despite Helmerich & Payne only offering a relatively low dividend yield barely above 3%, it remains under pressure due to their cash burn. Whilst oil prices have rallied higher, this has not fixed their problem because oil and gas drilling has not recovered along with oil prices.

Helmerich & Payne: High Oil Prices Haven't Fixed Their Problem, But Hope On The Horizon

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE:HP) (“H&P” or the “Company”) announced today that it has successfully completed its previously announced private offering (the “Offering”) of $550 million aggregate principal amount of 2.900% senior notes due 2031 (the “Notes”). President and CEO John Lindsay commented, “This offering exemplifies our ability to plan for the long term and to strategically eliminate certain potential risks we may encounter in the future. We are

Helmerich & Payne, Inc. Announces Completion of Senior Notes Offering

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE:HP) (“H&P” or the “Company”) announced today that it has priced its previously announced private offering (the “Offering”) of $550 million aggregate principal amount of 2.900% senior notes due 2031 (the “Notes”) to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in tra

Helmerich & Payne, Inc. Announces Upsize and Pricing of $550 Million Offering of 2.900% Senior Notes due 2031

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE:HP) (“H&P” or the “Company”) announced today that it has commenced a private offering (the “Offering”) of $500 million aggregate principal amount of senior notes due 2031 (the “Notes”) to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in transactions outside the Unite

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