Helmerich & Payne, Inc.

NYSE:HP   3:58:53 PM EDT
23.29
-0.12 (-0.49%)
Earnings Announcements

Helmerich And Payne Reports Q4 Loss Per Share Of $0.74

Published: 11/17/2021 22:43 GMT
Helmerich & Payne, Inc. (HP) - Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results.
Q4 Loss per Share $0.74.
Operating Revenues of $344 Million for Quarter Ended September 30.
Expect Utilization of Readily Available Rigs to Remain Very High.
Projected Increase in Rig Demand Will Be More Than We Can Accommodate With Our Current Active Fleet.
Will Have to Reactivate More Long-idled Rigs to Satisfy Demand.
Experiencing Increased Rig Activity With 141 Rigs Working in North America Today.
Expect to See Activity Improve in International Markets in Coming Quarters As Well.
Q4 Earnings per Share View $-0.51, Revenue View $350.0 Million -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $380 Million
Adjusted EPS is expected to be -$0.50

Next Quarter Revenue Guidance is expected to be $426.55 Million
Next Quarter EPS Guidance is expected to be -$0.34

More details on our Analysts Page.