On November 13, 2024, Helmerich & Payne (H&P) released its Q4 FY24 earnings, highlighting a year of strong performance, strategic initiatives, and a focus on innovation. In this blog post, we delve into what the company shared about its U.S. operations, their distinctive drilling solutions approach, advanced technologies driving efficiency, and the outlook for the upcoming fiscal year.
Helmerich & Payne, Inc. Announces Strong 3Q FY2024 Results with $89M Net Income and Strategic Expansion in Saudi Arabia
Helmerich & Payne, Inc. (NYSE: HP), a leading provider of advanced drilling solutions, has announced its financial results for the third quarter of fiscal year 2024. The company reported a net income of $89 million, or $0.88 per diluted share, reflecting a robust performance despite industry headwinds.
Helmerich & Payne Q2 Earnings Preview: Analysts Expect Decline in Earnings and Revenue
Helmerich & Payne (HP), a leading oil and gas well-drilling contractor, is set to report its Q2 2024 earnings on July 24. Analysts anticipate a year-over-year decline in both earnings and revenue, with an expected EPS of $0.77, down 29.4% from the previous year, and revenues projected at $670.57 million, a 7.4% decrease.
Helmerich & Payne, Inc. Announces Quarter Results – Uses Performance Contracts
Helmerich & Payne, Inc. (NYSE: HP) reported a fiscal second quarter net income of $85 million, or $0.84 per diluted share, on operating revenues of $688 million.
Helmerich & Payne Rig Locator
Helmerich & Payne has close to 200 active rigs in the US. The top 5 Operators by rig count that use Helmerich & Payne rigs include; PIONEER (17), Oxy (16), EOG (15), XTO (15), Conoco (9). Downlaod drilling report
New headquarters for Helmerich and Payne
After nearly 20 years on South Boulder Avenue in Tulsa, Helmerich & Payne will move to the new headquarters at 222 N Detroit Avenue.
Helmerich & Payne Drilling Rig H&P 298
H&P 298 is part of the H&P drilling rig fleet that operates in the Delaware Basin and is contracted by EOG Resources. H&P 298 ranks #6 in wells drilled in LEA County and #17 in New Mexico.