Helmerich & Payne (HP) Tops Q1 EPS by 1c

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Go back to Helmerich & Payne (HP) Tops Q1 EPS by 1c

Helmerich & Payne, Inc. Announces First Quarter Results

January 31, 2022 4:15 PM EST

H&P's North America Solutions segment exited the first quarter of fiscal year 2022 with 154 active rigs, up over 20% during the quarter Quarterly North America Solutions operating gross margins(1) increased $15 million to $84 million sequentially, as revenues increased by $48 million to $341 million and expenses increased by $32 million to $257 million The Company reported a fiscal first quarter net loss of $(0.48) per diluted share; including select items(2) of $(0.03) per diluted share On October 27, 2021, the Company redeemed all of its outstanding 2025 Notes,... More