Helmerich&Payne

Helmerich & Payne raised revenue in Q3 to 1.035 billion USD (+11% versus the prior quarter), beating expectations. Adjusted EBITDA was 236 million USD, and operating cash flow was 98 million USD, despite an adjusted loss. The company reactivated ten drilling rigs in the US and is pushing ahead with international expansion; the stock jumped about 11% after the results were released. » More on finanzen.net

Shares of Helmerich and Payne rose to a 52-week high of $41.88, driven by a strong price gain over the past year (+138.28%) and a year-to-date increase of 31%. For the third fiscal quarter the company reported revenue of $1.03 billion, beating analysts’ estimate of $981 million, but posted adjusted earnings per share of -$0.11 versus an expected $0.05. InvestingPro classifies the stock as undervalued at the current level, and the company has paid dividends for 56 consecutive years. » More on de.investing.com

Helmerich & Payne reported Q2 adjusted EBITDA of $178 million and revenue of $932 million, with a net loss of $0.59 per share including $26 million of impairments (loss of $0.38 ex-items). Management said North America likely hit a trough this quarter, raised full-year rig count guidance to 138–144 and now expects Q3 North America direct margins of $230–240 million on 137–143 rigs. International margins were pressured by conflict-related costs, supply-chain issues and rig suspensions in the Middle East, but the company still expects to meet its 58–68 international rig guidance aided by Latin America growth. Balance sheet strength improved after the Utica Square sale funded full repayment of a term loan, leaving about $1.15 billion in liquidity while H&P plans higher 2026 capex and expanded FlexRobotics deployments. » More on finance.yahoo.com