Helmerich & Payne, Inc. (HP) reported a fiscal second-quarter 2025 adjusted net income of 2 cents per share, which missed the Zacks Consensus Estimate of 65 cents.  Moreover, the bottom line compared unfavorably with the year-ago quarter’s reported figure of 86 cents. This was due to a weakness in the company's International Solutions segment. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Operating revenues of $1 billion beat the Zacks Consensus Estimate of $993 million. In particula ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4221 HELMERICH & PAYNE, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpora ...

Helmerich & Payne (HP) Q2 2025 Earnings Call May 08, 2025 11:00 AM ET Speaker0 Please stand by. Your program is about to begin. Good day, everyone, and welcome to the H and P fiscal second quarter earnings call. At this time, all participants are in a listen only mode. Later, you will have the opportunity to ask questions during the question and answer session. It assistance. It is now my pleasure to turn the conference over to Dave Wilson, Vice President, Investor Relations. Please go ahead. Speaker1 Thank ...

© 2025 Helmerich & Payne, Inc. All Rights Reserved. 1 Forward-Looking Statements Helmerich & Payne This presentation includes "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, and such statements are based on current expectations and assumptions that are subject to risks and uncertainties. All statements other than statements of historical facts included in this presentation, including, without limitation, statements regarding the anticipa ...

Helmerich & Payne (HP) reported $1.02 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 47.7%. EPS of $0.02 for the same period compares to $0.86 a year ago.The reported revenue represents a surprise of +2.35% over the Zacks Consensus Estimate of $992.67 million. With the consensus EPS estimate being $0.65, the EPS surprise was -96.92%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Helmerich & Payne (HP) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -96.92%. A quarter ago, it was expected that this oil and gas well-drilling contractor would post earnings of $0.69 per share when it actually produced earnings of $0.71, delivering a surprise of 2.90%.Over the las ...

Exhibit 99.1 NEWS RELEASE May 7, 2025 HELMERICH & PAYNE, INC. ANNOUNCES FISCAL SECOND QUARTER RESULTS Helmerich & Payne, Inc. (NYSE: HP) today reported financial results for its fiscal second quarter ended on March 31, 2025. Operating and Financial Highlights Management Commentary "This quarter marks a significant achievement for us as we completed our acquisition of KCA Deutag in January, positioning us as a leading global drilling company," said John Lindsay, H&P President and CEO. "We're confident this i ...

The Zacks Oil and Gas - Drilling industry operates in a volatile environment, influenced by rig availability, contracting activity, and capital expenditures rather than commodity prices alone. A 5% decline in the U.S. rig count over the past year has slowed drilling momentum, raising concerns for domestic service providers. Meanwhile, offshore drilling demand remains strong, with high utilization rates and multi-year contracts supporting revenue stability. However, short-term imbalances in the Gulf of Mexic ...

Core Viewpoint - Helmerich & Payne's international expansion efforts are seen as attractive, but the stock is currently fairly valued, leading to a neutral rating on the shares. The stock has since dropped over 30% [1]. Group 1 - The stock of Helmerich & Payne has experienced a decline of over 30% since the last analysis [1]. - The previous thesis highlighted the attractiveness of the company's international expansion efforts [1]. Group 2 - The author expresses a focus on emerging markets and seeks investment opportunities that are low-risk with high uncertainty [1]. - The investment philosophy is influenced by notable investors and economic thinkers, emphasizing an owner-mindset and a disregard for macroeconomic noise [1].

Company Overview - Helmerich & Payne (HP) has experienced a challenging year, with shares down 33%, underperforming the energy sector's 1.5% increase and the S&P 500's 11% growth, currently priced at $25.42, near its 52-week low of $23.80 [1] - HP is a leading player in land and offshore drilling, boasting the youngest and most efficient rig fleet, with advanced FlexRigs that enhance operational efficiency [2] Strengths - The company has a strong global presence, recently delivering eight FlexRigs to Saudi Arabia and acquiring KCA Deutag, which adds a $5.5 billion contract backlog [2] - HP maintains disciplined capital management, with $526 million in cash and an undrawn $950 million credit facility, alongside plans to repay a $400 million loan within 18 months [2] - The firm holds a 35% market share in the super-spec rig space, particularly in the Permian Basin, with industry-leading margins [2] Weaknesses - HP faces near-term challenges, particularly with the integration of KCA Deutag leading to higher costs, and expected international margins for the second quarter of fiscal 2025 ranging from a loss of $7 million to a loss of $3 million [3] - The North America Solutions segment, HP's largest, has seen revenues fall to $598 million in the first quarter of fiscal 2025, with further margin declines anticipated [3] - Increased debt from the KCA acquisition adds financial risk, with an additional $75 million in interest expenses this year, and HP remains vulnerable to oil price fluctuations and potential decreases in drilling demand due to industry consolidation [3] Industry Position - HP is part of the Zacks Oil and Gas – Drilling industry, which ranks in the bottom 9% of 247 industries, indicating potential underperformance [4] - The fiscal 2025 earnings per share estimate for HP has declined by 7% in the past 30 days, from $3.13 to $2.93 [4] - Despite solid assets and a strong balance sheet, near-term headwinds and industry pressures have led to a Zacks Rank 3 (Hold) for HP [4]