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Helmerich and Payne Inc (HP.N)

HP.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Helmerich & Payne Announces Acquisition Of Magnetic Variation Services, Llc
Friday, 8 Dec 2017 09:45am EST 

Dec 8 (Reuters) - Helmerich And Payne Inc ::HELMERICH & PAYNE, INC. ANNOUNCES ACQUISITION OF MAGNETIC VARIATION SERVICES, LLC.HELMERICH AND PAYNE SAYS FINANCIAL TERMS OF ACQUISITION WERE NOT DISCLOSED.  Full Article

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

BRIEF-Helmerich & Payne Q2 Loss Per Share $0.12

* Q2 EARNINGS PER SHARE VIEW $-0.05 -- THOMSON REUTERS I/B/E/S