Helmerich & Payne (HP) has endured 12 tough months, with its shares dropping roughly 10%, starkly underperforming the broader energy sector's 4.3% gain and the S&P 500 Index’s impressive 28.5% surge.HP One-Year Stock Performance Image Source: Zacks Investment ResearchThis steep decline begs the question: where does this oil and gas drilling contractor stand now? Let’s dive deeper into HP’s performance, challenges, and future outlook to uncover what might be next for the company.Helmerich & Payne Disappoints ...

It has been about a month since the last earnings report for Helmerich & Payne (HP) . Shares have lost about 0.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Helmerich & Payne due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Helmerich & Payne Q4 Earnings Miss, ...

Helmerich & Payne, Inc. (HP) reported a fourth-quarter fiscal 2024 adjusted net income of 76 cents per share, which missed the Zacks Consensus Estimate of 79 cents. The underperformance was due to weakness in the company's International Solutions and Gulf of Mexico segments.However, the bottom line topped the year-ago quarter’s reported figure of 69 cents per share. This was due to an improvement in the company's North America Solutions segment.Operating revenues of $693.8 million outpaced the Zacks Consens ...

Helmerich & Payne, Inc. (NYSE:HP) Q4 2024 Earnings Conference Call November 14, 2024 11:00 AM ET Company Participants Dave Wilson - Vice President of Investor Relations John Lindsay - President and Chief Executive Officer Kevin Vann - Senior Vice President and Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Securities LLC Edward Kim - Barclays Doug Becker - Capital One Securities, Inc. Scott Gruber - Citigroup Inc. Jeffrey LeBlanc - Tudor, Pickering, Holt & Co. Kurt Hallead - Th ...

Helmerich & Payne (HP) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.80%. A quarter ago, it was expected that this oil and gas well-drilling contractor would post earnings of $0.77 per share when it actually produced earnings of $0.92, delivering a surprise of 19.48%.Over the las ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 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) Delaware 73-0679879 (State or other jurisdi ...

Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE: November 13, 2024 HELMERICH & PAYNE, INC. ANNOUNCES FISCAL FOURTH QUARTER & FISCAL YEAR RESULTS • The Company reported fiscal fourth quarter and fiscal year 2024 net income of $0.76 and $3.43 per diluted share, respectively, including select items that had a neutral impact on fiscal fourth quarter diluted earnings per share and a $(0.07) per share impact on fiscal year diluted share (1) • The North America Solutions ("NAS") segment exited the fourth quarter o ...

Helmerich & Payne (HP) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on November 13, 2024, might help the stock move higher if these key numbers are bett ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Helmerich & Payne (HP) , which belongs to the Zacks Oil and Gas - Drilling industry, could be a great candidate to consider. This oil and gas well-drilling contractor has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 10.33%. For the most recent q ...

Shares of oil and gas drilling contractor Helmerich & Payne (HP) have lost around 16% of their value in the past year, contrasting with the sector's increase of 2.2%. The S&P 500 Index has risen 32.5% over the same timeframe. HP One-Year Stock Performance Image Source: Zacks Investment Research Let's now take a close look at Helmerich & Payne, with an eye on where it stands after falling so much, along with what we can expect going forward. What's Dragging Down HP Stock? Investors seem to be worried about t ...