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Stockreport

Helmerich & Payne, Inc. Announces First Quarter Results

HELMERICH & PAYNE (HP)  More Company Research Source: GlobeNewswire
Last helmerich & payne earnings: 1/25 06:00 am Check Earnings Report
PDF Quarterly U.S. Land revenue days (activity) increased by approximately 4%H&P’s spot pricing in the U.S. Land market continued to increase (approximately 4%) from the date of the fourth quarter results announcement (November 16, 2017) to January 25, 2018Quarterly U.S. Land adjusted average rig margin per day increased by approximately 11%(1)H&P’s U.S. Land contracted rig count increased by approximately 4% from 197 rigs at September 30, 2017 to 204 rigs at December 31, 2017, compared to a slight decline in the industry rig count(2)Upgraded 16 FlexRigs to super-spec(3) capacity during the first fiscal quarter of 2018              TULSA, Okla., Jan. 25, 2018 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE:HP) reported net income of $500 million or $4.55 per diluted share from operating revenues of $564 million for the first quarter of fiscal 2018.  Net income per diluted share includes $4.57 of after-tax gains comprised of select items(4), the most significant of which is a non-cash [Read more]

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