H&P Announces Reactivation of Seven Rigs in Saudi Arabia [Yahoo! Finance]
Helmerich & Payne, Inc. (HP)
Last helmerich & payne, inc. earnings: 4/30 04:43 pm
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Source: Yahoo! Finance
recommence operations on seven land rigs in Saudi Arabia that are currently under suspension. The reactivations will occur in stages throughout the first half of calendar year 2026. In accordance with the terms of the drilling contracts, all days accrued during each rig's suspension period will be added to its remaining contract. "These reactivations demonstrate the strong, long-term partnership we've built with our customers and their continued confidence in H&P's performance and reliability," said John Lindsay, chief executive officer. "They also mark a positive step forward as we strengthen our international operations and build upon the solid foundation established through the KCA Deutag acquisition. As activity increases, we remain focused on safely delivering exceptional results and innovative solutions that help our customers achieve their goals." H&P's growing footprint in the Kingdom of Saudi Arabia underscores the company's strategic commitment to the Eastern Hemisphere,
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News
- Helmerich & Payne (NYSE:HP) was downgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c-)" rating to a "sell (d+)" rating.MarketBeat
- Helmerich & Payne (NYSE:HP) had its "hold" rating reaffirmed by analysts at Cowen Inc.MarketBeat
- Helmerich & Payne (NYSE:HP) had its price target raised by analysts at TD Cowen from $27.00 to $33.00. They now have a "hold" rating on the stock.MarketBeat
- HP to slash up to 6,000 jobs by 2028 in massive AI transformation push [FOX Business Network]FOX Business Network
- Helmerich & Payne (NYSE:HP) had its "underweight" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
HP
Earnings
- 11/17/25 - Miss
HP
Sec Filings
- 12/4/25 - Form 4
- 12/3/25 - Form 144
- 11/21/25 - Form 10-K
- HP's page on the SEC website