Helmerich & Payne (HP) Misses Q4 EPS by 11c

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Go back to Helmerich & Payne (HP) Misses Q4 EPS by 11c

Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results

November 17, 2021 4:15 PM EST

H&P's North America Solutions segment exited the fourth quarter of fiscal year 2021 with 127 active rigs, up 5% during the quarter, and expects its first quarter of fiscal year 2022 North America Solutions rig count to exit between 152-157, up over 20% Quarterly North America Solutions operating gross margins(1) decreased $6 million to $69 million sequentially, as revenues increased by $12 million to $293 million and expenses increased by $18 million to $224 million Reported a fiscal fourth quarter net loss of $(0.74) per diluted share; including select items(2) of $(0.12) per diluted... More