UPDATE: Goldman Sachs Upgrades Helmerich & Payne (HP) to Buy
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Helmerich & Payne, Inc. Announces Second Quarter Results
April 23, 2015 5:59 AM EDTTULSA, Okla., April 23, 2015 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE: HP) reported net income of $150 million ($1.37 per diluted share) from operating revenues of $883 million for the second fiscal quarter of 2015, compared to net income of $175 million ($1.59 per diluted share) from operating revenues of $893 million during the second quarter of fiscal 2014, and net income of $203 million ($1.85 per diluted share) from operating revenues of $1.06 billion during the first quarter of fiscal 2015. Included in net income per diluted share corresponding to this year's second fiscal quarter are approximately $0.44 of after-tax gains from long-term contract early termination compensation from... More
