Helmerich & Payne is a leading provider of drilling solutions and technology for the oil and gas industry
The company specializes in the design and operation of advanced drilling rigs, offering both onshore and offshore services. With a focus on innovation and efficiency, Helmerich & Payne utilizes cutting-edge equipment and techniques to optimize the drilling process, helping clients maximize productivity and minimize costs. Their commitment to safety and sustainability further underscores their role as a key player in the energy sector, catering to a diverse range of exploration and production companies worldwide.
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) today announced that it has completed its acquisition of KCA Deutag International Limited (“KCA Deutag”), establishing a global leader in onshore drilling.
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal first quarter 2025 earnings release, you are invited to listen to its conference call on Thursday, February 06, 2025, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Kevin Vann, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. The earnings release and presentation for the quarterly results will be available on the company’s website at www.helmerichpayne.com. Investors may listen to the conference call either by phone or audio webcast.
Helmerich & Payne, Inc. (NYSEHP) (H&P or the Company) today announced that it has released its 2024 Sustainability Report outlining the Company’s sustainability efforts and performance for its fiscal year ended September 30, 2024.
Helmerich & Payne, Inc. (NYSEHP) reported net income of $75 million, or $0.76 per diluted share, from operating revenues of $694 million for the quarter ended September 30, 2024, compared to net income of $89 million, or $0.88 per diluted share, from operating revenues of $698 million for the quarter ended June 30, 2024. The net income per diluted share for the fourth and third quarters of fiscal year 2024 include $0.00 and net $(0.04) of after-tax gains and losses, respectively, comprised of select items(2). For the fourth quarter of fiscal year 2024, select items(2) were comprised of:
While the future of the oil and gas industry is evolving, there remains a strong case for investing in oil drilling stocks, particularly for investors with a long-term perspective.
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal fourth quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, November 14, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Kevin Vann, 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.
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) announced today that it has priced an offering (the “Offering”) of $1.25 billion aggregate principal amount of senior notes, comprised of the following tranches (collectively, the “Notes”): $350 million aggregate principal amount of 4.650% senior notes due 2027 to be issued at a price equal to 99.958% of their face value, $350 million aggregate principal amount of 4.850% senior notes due 2029 to be issued at a price equal to 99.883% of their face value and $550 million aggregate principal amount of 5.500% senior notes due 2034 to be issued at a price equal to 99.670% of their face value.
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) announced today that it intends to offer senior unsecured notes (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States in compliance with Regulation S under the Securities Act (the “Offering”). The timing of pricing and terms of the Notes are subject to market conditions and other factors.
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Kevin Vann, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice President of Digital Operations, Sales, and Marketing; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of September 2024. Participation by the management team will vary by event.
Helmerich & Payne, Inc. (NYSEHP) today announced the hiring of J. Kevin Vann as the Chief Financial Officer Designate, effective August 5, 2024. Vann will be appointed to succeed Mark W. Smith as Chief Financial Officer (CFO) upon Smith’s retirement from that position, which as previously announced, will occur on August 15, 2024. Vann brings extensive public company financial and accounting experience in the oil and gas industry, which will be instrumental as H&P continues to grow and expand its market presence.
