Helmerich & Payne (HP) Tops Q1 EPS by 12c, Revenue Beats

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Go back to Helmerich & Payne (HP) Tops Q1 EPS by 12c, Revenue Beats

Helmerich & Payne, Inc. Announces First Quarter Fiscal 2019 Results

January 29, 2019 5:10 PM EST

Quarterly U.S. Land revenue days (activity) increased approximately 4%Quarterly U.S. Land adjusted average rig revenue increased by more than $800(1) per day, up approximately 3% sequentiallyH&P upgraded/converted 14 FlexRigs® to super-spec(2) capacity during the first fiscal quarter of 2019H&Ps U.S. Land contracted rig count increased by 12 rigs to 244 rigs from September 30, 2018 to December 31, 2018On December 14, 2018, Directors of the Company declared a quarterly cash dividend of $0.71 per share               

TULSA, Okla., Jan. 29, 2019 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE: HP) reported income of $19 million or $0.17 per diluted share... More