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Helmerich and Payne Inc (HP.N)

HP.N on New York Stock Exchange

56.61USD
22 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Helmerich and Payne reports Q4 loss per share $0.21
Thursday, 16 Nov 2017 06:00am EST 

Nov 16 (Reuters) - Helmerich And Payne Inc :Helmerich And Payne Inc announces fourth quarter & fiscal year end results.Q4 loss per share $0.21.Q4 earnings per share view $-0.19 -- Thomson Reuters I/B/E/S.Helmerich And Payne Inc - ‍quarterly U.S. Land revenue days (activity) increased by approximately 6 pct​.Helmerich And Payne Inc - ‍qtrly adjusted average rig margin per day for U.S. Land operations increased sequentially by $359 to $7,779​.Helmerich And Payne Inc qtrly ‍operating revenue $532.3 million versus $331.7 million​.Helmerich And Payne Inc - ‍outlook for fiscal 2018 capital expenditures ranges from $250 million to $300 million​.Helmerich And Payne Inc sees ‍Q1 2018 quarterly revenue days to increase by approximately 4 pct to 5 pct sequentially for U.S. Land operations​.Helmerich And Payne Inc - ‍international land operations adjusted quarterly revenue days for Q1 2018 expected to increase by approximately 20 pct sequentially​.Helmerich And Payne Inc - ‍fiscal 2018 general and administrative expenses are expected to increase by about 9 pct to approximately $165 million​.  Full Article

Helmerich and Payne says ‍Juan Pablo Tardio, Vice President and CFO, informed co of intention to retire
Thursday, 28 Sep 2017 06:00am EDT 

Sept 28 (Reuters) - Helmerich And Payne Inc :Says ‍Juan Pablo Tardio, Vice President and Chief Financial Officer, has informed company of his intention to retire in June of 2018​.Says ‍company will soon begin a comprehensive search for CFO candidates​.Says ‍Tardio will continue to serve in his current role until a successor is identified and has an opportunity to effectively transition into that position​.  Full Article

Helmerich & Payne reports Q3 loss per share $0.21
Thursday, 27 Jul 2017 06:00am EDT 

July 27 (Reuters) - Helmerich And Payne Inc ::Helmerich & Payne Inc announces third quarter results.Q3 loss per share $0.21.Q3 earnings per share view $-0.30 -- Thomson Reuters I/B/E/S.Operating revenues of $499 million for Q3 of fiscal 2017.  Full Article

Helmerich & Payne to buy MOTIVE Drilling for $75 mln payable at deal closing
Monday, 22 May 2017 03:15pm EDT 

May 22 (Reuters) - Helmerich And Payne Inc :Helmerich & Payne Inc announces acquisition of MOTIVE Drilling Technologies Inc .Deal for $75 million.Deal includes up to an additional $25 million in potential earnout payments based on future performance during next few years .  Full Article

Helmerich & Payne Q2 loss per share $0.45
Thursday, 27 Apr 2017 06:00am EDT 

April 27 (Reuters) - Helmerich and Payne Inc ::Helmerich & Payne, Inc announces second quarter results.Q2 loss per share $0.45.Qtrly operating revenues $405.3 million versus $438.2 million."we expect our international land and offshore market outlook to remain weak for foreseeable future".Sees Q3 average rig revenue per day expected to be roughly $21,000 (excluding any impact from early termination revenue).Q2 earnings per share view $-0.41, revenue view $401.2 million -- Thomson Reuters I/B/E/S.  Full Article

Helmerich & Payne posts Q1 loss per share $0.33
Thursday, 26 Jan 2017 06:00am EST 

Helmerich And Payne Inc : Helmerich & Payne, Inc announces first quarter results . Q1 loss per share $0.33 . Q1 earnings per share view $-0.36 -- Thomson Reuters I/B/E/S . Helmerich and Payne Inc- operating revenues of $369 million for Q1 of fiscal 2017 operating revenues of $488 million during Q1 of fiscal 2016 . Sees capital expenditures for fiscal 2017 are now expected to be approximately $350 million . Helmerich and Payne Inc - in offshore segment, company expects revenue days to decrease by approximately 10 pct during second fiscal quarter versus Q1 2017 .Q1 revenue view $335.1 million -- Thomson Reuters I/B/E/S.  Full Article

Helmerich and Payne Q3 loss per share $0.20
Thursday, 28 Jul 2016 06:00am EDT 

Helmerich And Payne Inc : Operating revenues of $366 million for q3 of fiscal 2016, compared to operating revenues of $661 million . In u.s. Land segment, expects revenue days (activity) to increase by roughly 3% to 7% during Q4 as compared to q3 . In offshore segment, company expects revenue days to increase by approximately 1% during Q4 as compared to q3 . In international land segment, company expects revenue days to increase by approximately 5% to 10% during Q4 as compared to q3 . Helmerich & Payne, Inc. Announces third quarter results . Q3 loss per share $0.20 . Q3 earnings per share view $-0.41 -- Thomson Reuters I/B/E/S . Excluding any impact from early termination revenue, average rig revenue per day is expected to be roughly $24,000 in q4 .Q3 revenue view $298.7 million -- Thomson Reuters I/B/E/S.  Full Article

Helmerich and Payne enters $300 mln credit agreement
Wednesday, 13 Jul 2016 02:50pm EDT 

Helmerich And Payne Inc: On July 13, entered into a credit agreement . Credit agreement provides for a $300 million senior unsecured revolving credit facility .Facility contains an accordion feature, which can allow facility to expand by up to an additional $200 million.  Full Article

Helmerich And Payne says U.S. land segment revenue days to decrease by about 24 pct
Monday, 6 Jun 2016 06:25am EDT 

Helmerich And Payne inc : U.S. land segment has about 84 contracted rigs generating revenue and about 78 rigs generating revenue days as of June 6, 2016 . Helmerich And Payne Inc says U.S. land segment revenue days now expected to decrease by about 24 percent as compared to second fiscal quarter .Helmerich And Payne Inc says average flexrig spot pricing is down by more than 30%, as compared to spot pricing at peak in November 2014.  Full Article

Helmerich and Payne declares qtrly cash dividend of $0.70/share
Wednesday, 1 Jun 2016 03:22pm EDT 

Helmerich And Payne Inc : Declared quarterly cash dividend of $0.70 per share on its common stock .$0.70 quarterly dividend represents a $0.0125 increase from $0.6875 dividend paid in previous quarter.  Full Article