Helmerich & Payne (HP) Misses Q3 EPS by 5c, Revenue Beats

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Go back to Helmerich & Payne (HP) Misses Q3 EPS by 5c, Revenue Beats

Helmerich & Payne, Inc. Announces Third Quarter Fiscal 2018 Results

July 25, 2018 5:00 PM EDT

Quarterly U.S. Land revenue days (activity) increased approximately 7%H&Ps spot pricing in the U.S. land market increased by approximately 11% during the quarterQuarterly U.S. Land average rig revenue increased more than $650 per day, 3% sequentiallyH&P upgraded 13 FlexRigs® to super-spec(1) capacity during the third fiscal quarterOn June 6, 2018, Directors of the Company declared a quarterly cash dividend of $0.71 per share representing a $0.01 increase from the dividend paid in the prior quarter

TULSA, Okla., July 25, 2018 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE: HP) reported a net... More