Helmerich & Payne Aktie News

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (the “Company” or “H&P”) (NYSE: HP) today announced that the Company and Saudi Aramco have finalized the contractual terms related to a recent 7-rig tender award. The seven super-spec rigs were awarded 5-year contracts, with 1-year options, and are expected to commence operations shortly after delivery, which for a majority of these rigs is...

Ample and growing production from the U.S. means there isn't a lot of upside for oil prices, but it does mean lots of cash for service providers.  The oil market consolidation wave will continue, with one merger idea making lots of strategic sense.

Helmerich & Payne, Inc. (HP) Q1 2024 Earnings Call Transcript

The oil and gas contract driller unveiled its first set of quarterly results for the new fiscal year. Although revenue and profitability dropped, both handily beat analyst estimates.

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) reported net income of $95 million, or $0.94 per diluted share, from operating revenues of $677 million for the quarter ended December 31, 2023, compared to net income of $78 million, or $0.77 per diluted share, from operating revenues of $660 million for the quarter ended September 30, 2023. The net income per diluted share for ...

Helmerich & Payne, Inc. is trading just below the support line at $33.83, making it a potential entry point for investors. Analysts have a median price target of $45.00 for Helmerich & Payne, but EPS projections for Q4 2023 and Q1 2024 have been coming down. Despite a challenging year for the upstream sector, Helmerich & Payne is expected to see improvements in the next half year, making it a p...

TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) first quarter 2024 earnings release, you are invited to listen to its conference call on Tuesday, January 30, 2024, 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...

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of January 2024. Participation by the management team will...