Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Helmerich & Payne despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Helmerich & Payne is expected to report quarterly earnings of $0.69 per share, reflecting a year-over-year decrease of 28.9%, while revenues are projected to be $691.43 million, an increase of 2.1% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 8.31% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +5.29%, indicating a likelihood of beating the consensus EPS estimate [10][11]. Historical Performance - In the last reported quarter, Helmerich & Payne had an expected EPS of $0.79 but reported $0.76, resulting in a surprise of -3.80%. Over the last four quarters, the company has beaten consensus EPS estimates three times [12][13]. Investment Considerations - While a potential earnings beat is a positive indicator, other factors may influence stock performance, making it essential to consider the broader context [14][16].

Helmerich & Payne, Inc. (HP) is set to release first-quarter earnings on Feb. 5, after the closing bell. The Zacks Consensus Estimate for earnings is pegged at 69 cents per share on revenues of $691.43 million.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let us delve into the factors that might have influenced HP’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter. Highlights of HP’s Q4 Earnin ...

Acquisition Overview - Helmerich & Payne Inc (HP) has completed the acquisition of KCA Deutag International Limited, solidifying its position as a global leader in onshore drilling [1] - The acquisition is expected to enhance HP's global footprint, service capability, and technology offerings [1] - The deal was originally agreed upon in July 2024 for a consideration of $1 97 billion in cash [4] Strategic Benefits - The acquisition will provide HP with a robust geographic mix, accelerating its international growth strategy, particularly in the Middle East [3] - It will diversify HP's portfolio across the US and international crude oil and natural gas markets, enhancing operational scale and cash flow [3] - The deal is expected to generate approximately $25 million in synergies by 2026 [4] Integration and Future Outlook - HP is focusing on a seamless transition to deliver strategic and financial benefits, with integration meticulously planned by global teams [2] - The company will continue operations from its Oklahoma headquarters, with John Lindsay as president and CEO [5] - HP envisions near- and long-term growth driven by enhanced technological solutions and broader reach [5] Industry Context - HP is engaged in contract drilling of oil and gas wells in the US and internationally, currently holding a Zacks Rank 3 (Hold) [6] - Top-ranked energy sector stocks include ARC Resources Ltd (AETUF), Gulfport Energy Corporation (GPOR), and YPF Sociedad Anónima (YPF), each with a Zacks Rank 1 (Strong Buy) [7] - ARC Resources has an expected EPS growth rate of 50 78% for next year, significantly higher than the industry growth rate of 10 50% [8] - Gulfport Energy's 2024 earnings are expected to grow by 108 53% year-over-year [8] - YPF Sociedad Anónima's 2024 earnings are projected to grow by 50 59% year-over-year [9]

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 ...