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Stock impact report

Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results

Helmerich & Payne, Inc. (HP) 
Last helmerich & payne, inc. earnings: 4/30 04:43 pm Check Earnings Report
US:NYSE Investor Relations: hpinc.com
Company Research Source: Business Wire
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(1) that had a neutral impact on fiscal fourth quarter diluted earnings per share and a $(0.07) per share impact on fiscal year diluted shareThe North America Solutions ("NAS") segment exited the fourth quarter of fiscal year 2024 with 151 active rigs and recognized revenue per day of approximately $39,100/day with associated direct margins(2) per day of $19,800/day during the quarterQuarterly NAS operating income decreased $8 million sequentially to $156 million; while direct margins(2) decreased $3 million to approximately $275 million, as revenues decreased by $2 million to $618 million and expenses increased by $1 million to $344 millionH&P's North America Solutions segment anticipates exiting the first quarter of fiscal year 2025 between 147-153 active rigsH&P expects capital expenditures for fiscal year 2025 to range between $290 an Show less Read more
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