Helmerich & Payne (HP) Tops Q2 EPS by 25c

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Go back to Helmerich & Payne (HP) Tops Q2 EPS by 25c

Helmerich & Payne, Inc. Announces Second Quarter Results

April 27, 2022 4:15 PM EDT

H&P's North America Solutions segment exited the second quarter of fiscal year 2022 with 171 active rigs, up over 10% during the quarter Quarterly North America Solutions operating income increased $30 million sequentially, while direct margins(1) increased $30 million to $114 million sequentially, as revenues increased by $68 million to $409 million and expenses increased by $38 million to $294 million The Company reported a fiscal second quarter net loss of $(0.05) per diluted share; including select items(2) of $0.12 per diluted share North America Solutions revenue per day... More