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Helmerich & Payne, Inc.

HP

Latest Trade

15.64USD

Change

0.44(+2.89%)

Volume

2,047,512

Today's Range

15.25

 - 

15.99

52 Week Range

12.40

 - 

47.33

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Helmerich & Payne Inc Reports Q3 Loss Per Share $0.43

July 28 (Reuters) - Helmerich and Payne Inc <HP.N>::HELMERICH & PAYNE, INC. ANNOUNCES THIRD QUARTER RESULTS.Q3 LOSS PER SHARE $0.43.Q3 EARNINGS PER SHARE ESTIMATE $-0.69 -- REFINITIV IBES DATA.Q3 REVENUE $254 MILLION VERSUS REFINITIV IBES ESTIMATE OF $311.9 MILLION.HELMERICH AND PAYNE - REALIGNED FINANCIAL REPORTING INTO THREE OPERATING SEGMENTS; NORTH AMERICA SOLUTIONS, INTERNATIONAL SOLUTIONS AND OFFSHORE GULF OF MEXICO.HELMERICH AND PAYNE- IN QUARTER, TOOK ADDITIONAL ACTIONS REDUCING ITS COST STRUCTURE BY ADDITIONAL $25 MILLION ANNUALLY.SAYS FY 2020 GROSS CAPITAL EXPENDITURES ARE NOW EXPECTED TO BE APPROXIMATELY $150 TO $165 MILLION.HELMERICH AND PAYNE - EXPECT TO SEE RESULTS INCREASE IN FISCAL Q4.HAVE LIQUIDITY OF OVER $1.2 BILLION AND DEBT-TO-CAP IS 12%, WITH NO MATURITIES UNTIL 2025.EXPECT NORTH AMERICA SOLUTIONS OPERATING GROSS MARGINS TO BE BETWEEN $38-$48 MILLION FOR Q4.DEPRECIATION IS NOW EXPECTED TO BE APPROXIMATELY $475 MILLION FOR 2020.CULMINATION OF COST-SAVING INITIATIVES RESULTED IN A $15 MILLION RESTRUCTURING CHARGE DURING QUARTER.

Helmerich and Payne Reports Q3 Loss Per Share Of $0.43

July 28 (Reuters) - Helmerich and Payne Inc <HP.N>::HELMERICH & PAYNE, INC. ANNOUNCES THIRD QUARTER RESULTS.Q3 REVENUE $317.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $311.9 MILLION.Q3 LOSS PER SHARE $0.43.Q3 EARNINGS PER SHARE ESTIMATE $-0.69 -- REFINITIV IBES DATA.HELMERICH AND PAYNE - REALIGNED FINANCIAL REPORTING INTO THREE OPERATING SEGMENTS; NORTH AMERICA SOLUTIONS, INTERNATIONAL SOLUTIONS AND OFFSHORE GULF OF MEXICO.HELMERICH AND PAYNE- IN QUARTER, TOOK ADDITIONAL ACTIONS REDUCING ITS COST STRUCTURE BY ADDITIONAL $25 MILLION ANNUALLY.SAYS FY 2020 GROSS CAPITAL EXPENDITURES ARE NOW EXPECTED TO BE APPROXIMATELY $150 TO $165 MILLION.HELMERICH AND PAYNE - EXPECT TO SEE RESULTS INCREASE IN FISCAL Q4.HAVE LIQUIDITY OF OVER $1.2 BILLION AND DEBT-TO-CAP IS 12%, WITH NO MATURITIES UNTIL 2025.EXPECT NORTH AMERICA SOLUTIONS OPERATING GROSS MARGINS TO BE BETWEEN $38-$48 MILLION FOR Q4.DEPRECIATION IS NOW EXPECTED TO BE APPROXIMATELY $475 MILLION FOR 2020.CULMINATION OF COST-SAVING INITIATIVES RESULTED IN A $15 MILLION RESTRUCTURING CHARGE DURING QUARTER.

Helmerich And Payne Expects Q3 To Be Hit By Covid-19

May 1 (Reuters) - Helmerich and Payne Inc <HP.N>::HELMERICH AND PAYNE EXPECTS Q3 TO BE HIT BY COVID-19 BUT ENCOURAGED ABOUT INTERNATIONAL PROSPECTS - CEO ON CONF CALL.HELMERICH AND PAYNE CFO SAYS REDUCTION OF FIELD WORKFORCE, IMPACTING OVER 2,800 INDIVIDUALS- CONF CALL.HELMERICH AND PAYNE CFO SAYS CURRENT EXPECTATION FOR FULL FISCAL 2020 GENERAL AND ADMINISTRATIVE EXPENSES IS NOW $180 MILLION - CONF CALL.HELMERICH AND PAYNE CFO SAYS ANNUAL EFFECTIVE TAX RATE TO BE IN THE RANGE OF 16% TO 21% - CONF CALL.HELMERICH AND PAYNE CFO SAYS DO NOT ANTICIPATE INCURRING ANY SIGNIFICANT ADDITIONAL CASH TAX-RELATED TO THE FULL 2020 FISCAL YEAR - CONF CALL.HELMERICH AND PAYNE CFO SAY EXPECTATIONS FOR THE REMAINDER OF FISCAL 2020 INCLUDE CONTINUED DECLINES IN RIG ACTIVITY, MOST OF WHICH WILL OCCUR IN Q3 - CONF CALL.HELMERICH AND PAYNE CFO SAYS NO FURTHER SHARE BUYBACKS ARE CONTEMPLATED AT THIS TIME- CONF CALL.HELMERICH AND PAYNE CFO SAYS EXPECT OPERATING INCOME TO BE LOWER IN THE REMAINING QUARTERS OF THE FISCAL YEAR - CONF CALL.HELMERICH AND PAYNE CFO SAYS EXPECT CASH FLOWS FROM OPERATIONS TO BE HIGHER IN THE SECOND HALF OF THE FISCAL YEAR-CONF CALL.HELMERICH AND PAYNE CFO SAYS DEBT-TO-CAPITAL AT QUARTER END WAS 12% WITH A 2.5% NET DEBT TO CAP-CONF CALL.HELMERICH AND PAYNE CFO SAYS HAVE NO DEBT MATURING UNTIL 2025-CONF CALL.HELMERICH AND PAYNE CFO SAYS CAPITAL EXPENDITURES FOR THE FULL FISCAL 2020 ARE NOW EXPECTED TO RANGE BETWEEN $185 MILLION TO $205 MILLION-CONF CALL.

Helmerich And Payne Q2 Loss Per Share $3.88

April 30 (Reuters) - Helmerich and Payne Inc <HP.N>::SEES Q3 REVENUE FOR HP TECHNOLOGIES $4.0 MILLION TO $7.0 MILLION.HELMERICH & PAYNE, INC. ANNOUNCES SECOND QUARTER RESULTS.Q2 LOSS PER SHARE $3.88.Q2 EARNINGS PER SHARE ESTIMATE $0.02 -- REFINITIV IBES DATA.Q2 REVENUE $634 MILLION VERSUS REFINITIV IBES ESTIMATE OF $557.5 MILLION.ANNOUNCED INTENTION TO REDUCE ANNUAL DIVIDENDS BY $200 MILLION.INCURRED A NON-CASH IMPAIRMENT CHARGE OF $563 MILLION RELATED TO GOODWILL IN QUARTER.EXPECT U.S. LAND OPERATING GROSS MARGINS TO BE BETWEEN $90-$105 MILLION IN Q3.EXPECT TO END Q3 BELOW 70 RIGS WITH MUCH OF DECLINE OCCURRING PRIOR TO JUNE 1, 2020.HELMERICH AND PAYNE - EXPECT Q3 INTERNATIONAL LAND OPERATING GROSS MARGINS TO BE NEGATIVE AND TO BE BETWEEN NEGATIVE $4 MILLION - NEGATIVE $6 MILLION.HP TECHNOLOGIES FISCAL Q3 REVENUE IS EXPECTED TO BE BETWEEN $4-$7 MILLION.2020 GROSS CAPITAL EXPENDITURES ARE EXPECTED TO BE APPROXIMATELY $185 TO $205 MILLION.2020 DEPRECIATION IS EXPECTED TO BE APPROXIMATELY $485 MILLION.HELMERICH AND PAYNE - BELIEVE RAMIFICATIONS FROM CRUDE OIL MARKET IMBALANCE HAVE YET TO BE FULLY REFLECTED IN INDUSTRY ACTIVITY LEVELS.HELMERICH AND PAYNE - EXPECT STEEPER DECLINES IN INDUSTRY ACTIVITY LEVELS IN THIRD FISCAL QUARTER.HELMERICH AND PAYNE - FURTHER COST REDUCTIONS WILL COME TO FRUITION OVER COMING QUARTERS AS CO REDUCES ADDITIONAL OVERHEAD.

Helmerich And Payne Inc - Intends To Reduce Future Quarterly Dividends To $0.25 Per Share

Helmerich and Payne Inc <HP.N>::HELMERICH & PAYNE, INC. PROVIDES CAPITAL ALLOCATION UPDATE AND ANNOUNCES FISCAL SECOND QUARTER 2020 CONFERENCE CALL AND WEBCAST.HELMERICH AND PAYNE INC - INTENDS TO REDUCE FUTURE QUARTERLY DIVIDENDS TO $0.25 PER SHARE.HELMERICH AND PAYNE INC - GROSS CAPITAL EXPENDITURES ARE NOW EXPECTED TO BE APPROXIMATELY $210 TO $230 MILLION FOR FULL FISCAL YEAR 2020.HELMERICH AND PAYNE INC - HAS PRELIMINARILY REASSESSED CERTAIN PORTIONS OF ITS COST STRUCTURE, INCLUDING SG&A AND CAPITAL EXPENDITURES.HELMERICH AND PAYNE INC - REAFFIRMS ITS COMMITMENT TO PAY PREVIOUSLY ANNOUNCED $0.71 PER SHARE DIVIDEND.

Helmerich & Payne Inc Responds To Volatile Market Conditions

March 23 (Reuters) - Helmerich and Payne Inc <HP.N>::HELMERICH & PAYNE, INC. RESPONDS TO VOLATILE MARKET CONDITIONS.HELMERICH AND PAYNE INC - WITHDRAWING ITS FISCAL Q2 GUIDANCE.HELMERICH AND PAYNE INC - REASSESSING ITS COST STRUCTURE BASED ON NEWLY DEVELOPING RIG ACTIVITY LEVELS.HELMERICH AND PAYNE INC - REMAINS COMMITTED TO PAYING PREVIOUSLY ANNOUNCED $0.71 PER SHARE DIVIDEND ON JUNE 1, 2020.HELMERICH AND PAYNE INC - STILL HAVE APPROXIMATELY $370 MILLION IN CASH AND SHORT-TERM INVESTMENTS ON HAND AS OF MARCH 20, 2020.HELMERICH AND PAYNE INC - MOVING FORWARD TO RAPIDLY DECREASE COSTS AND REDUCE LEVELS OF CAPITAL EXPENDITURES.HELMERICH AND PAYNE INC - BALANCE SHEET REMAINS STRONG, WITH DEBT-TO-CAPITALIZATION OF 11% AND OVER $1 BILLION IN LIQUIDITY.

Helmerich And Payne Announces First Quarter Results

Feb 3 (Reuters) - Helmerich and Payne Inc <HP.N>::HELMERICH & PAYNE, INC. ANNOUNCES FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.27.Q1 EARNINGS PER SHARE ESTIMATE $0.08 -- REFINITIV IBES DATA.Q1 REVENUE $615 MILLION VERSUS REFINITIV IBES ESTIMATE OF $603.3 MILLION.SEES Q2 REVENUE FOR HP TECHNOLOGIES $16 MILLION TO $19 MILLION.FISCAL 2020 CAPEX BUDGET REMAINS IN RANGE WE INITIALLY SET, WHICH IS BETWEEN $275 AND $300 MILLION.HELMERICH AND PAYNE - EXPECT INDUSTRY ACTIVITY TO LOOK SIMILAR TO AVERAGE LEVEL EXPERIENCED DURING SECOND HALF OF CALENDAR 2019.HELMERICH AND PAYNE - REMAIN OPTIMISTIC ABOUT OPPORTUNITIES WE ARE SEEING IN MIDDLE EAST.Q1 EARNINGS PER SHARE OF $0.27 INCLUDED $0.14 IN AFTER-TAX GAINS.HELMERICH AND PAYNE - FOR Q2 OF FISCAL 2020, U.S. LAND OPERATIONS QUARTERLY REVENUE DAYS EXPECTED TO BE FLAT-TO-UP 1.5% SEQUENTIALLY.HELMERICH AND PAYNE - FOR Q2 OF FISCAL 2020, INTERNATIONAL LAND OPERATIONS QUARTERLY REVENUE DAYS EXPECTED TO DECREASE ROUGHLY 7% SEQUENTIALLY.HELMERICH AND PAYNE - FOR Q2 OF FISCAL 2020, OFFSHORE OPERATIONS QUARTERLY REVENUE DAYS EXPECTED TO DECREASE BY ABOUT 30% SEQUENTIALLY.

Helmerich & Payne Inc Report Q1 Earnings Per Share $0.27

Feb 3 (Reuters) - Helmerich and Payne Inc <HP.N>::HELMERICH & PAYNE, INC. ANNOUNCES FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.27.Q1 EARNINGS PER SHARE ESTIMATE $0.08 -- REFINITIV IBES DATA.SEES Q2 REVENUE $16 MILLION TO $19 MILLION.Q1 REVENUE $615 MILLION VERSUS REFINITIV IBES ESTIMATE OF $603.3 MILLION.FISCAL 2020 CAPEX BUDGET REMAINS IN RANGE WE INITIALLY SET, WHICH IS BETWEEN $275 AND $300 MILLION.HELMERICH AND PAYNE - EXPECT INDUSTRY ACTIVITY TO LOOK SIMILAR TO AVERAGE LEVEL EXPERIENCED DURING SECOND HALF OF CALENDAR 2019.HELMERICH AND PAYNE - REMAIN OPTIMISTIC ABOUT OPPORTUNITIES WE ARE SEEING IN MIDDLE EAST.Q1 EARNINGS PER SHARE OF $0.27 INCLUDED $0.14 IN AFTER-TAX GAINS.HELMERICH AND PAYNE - FOR Q2 OF FISCAL 2020, U.S. LAND OPERATIONS QUARTERLY REVENUE DAYS EXPECTED TO BE FLAT-TO-UP 1.5% SEQUENTIALLY.HELMERICH AND PAYNE - FOR Q2 OF FISCAL 2020, INTERNATIONAL LAND OPERATIONS QUARTERLY REVENUE DAYS EXPECTED TO DECREASE ROUGHLY 7% SEQUENTIALLY.HELMERICH AND PAYNE - FOR Q2 OF FISCAL 2020, OFFSHORE OPERATIONS QUARTERLY REVENUE DAYS EXPECTED TO DECREASE BY ABOUT 30% SEQUENTIALLY.

Helmerich And Payne Says CEO John Lindsay's 2019 Total Compensation Was $7.7 Mln Vs. $7.8 Mln In 2018

Jan 21 (Reuters) - Helmerich and Payne Inc <HP.N>::HELMERICH AND PAYNE INC SAYS CEO JOHN LINDSAY'S FY 2019 TOTAL COMPENSATION WAS $7.7 MILLION VERSUS $7.8 MILLION IN FY 2018 - SEC FILING.

Helmerich And Payne Inc Reports Q4 Earnings Per Share $0.37

Nov 14 (Reuters) - Helmerich and Payne Inc <HP.N>::QTRLY OPERATING REVENUE $649.1 MILLION VERSUS $696.8 MILLION.QTRLY EARNINGS PER SHARE $0.37.QTRLY EARNINGS PER SHARE FROM CONTINUING OPERATIONS $0.38.Q1 REVENUE VIEW $623.7 MILLION -- REFINITIV IBES DATA.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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