There comes a time in the economic cycle when investors need to dig deeper into fundamentals and stay true to the market’s nature of reflecting tomorrow’s expectations in today’s prices; some developments are acting as a tailwind behind the energy sector of the United States, tailwinds that may lead more capital to rotate into a few specific stocks with all the right fundamental makeup moving forward. Knowing that the sector is one of the most sensitive to the overall economic cycle, it makes sense to see t ...

Connecting ideas to economic data and price action is often one of the best ways for investors to identify a winning trade for their portfolios, and today’s data points to a single area of the stock market. Looking into the energy sector, there is one widely followed indicator rooted in the deepest supply-demand market dynamics that gives investors the insights they need to move forward with confidence. The overall level of oil inventory for the United States is released once a week, and changes in the supp ...

Helmerich & Payne (NYSE: HP ) is one of the world’s largest onshore drilling contractors. It owns and operates industry leading rigs. The company has been penalized heavily for both macro and company-related reasons such asI am currently working as an investment analyst at a family office. My specialty is identifying high-quality and/or severely mispriced investment ideas. I believe that a great investment idea would "jump" at you intuitively and it comes in buying great companies at great prices. If you li ...

财务表现 - 公司2025年第一季度营收达10.2亿美元，同比增长47.7% [1] - 每股收益(EPS)为0.02美元，较去年同期的0.86美元大幅下降 [1] - 营收超出Zacks共识预期992.67百万美元，超预期幅度2.35% [1] - EPS低于Zacks共识预期0.65美元，差距达-96.92% [1] 运营指标 - 北美解决方案业务平均活跃钻机数149台，略高于分析师预估的148台 [4] - 国际解决方案业务平均活跃钻机数69台，远超分析师预估的47台 [4] - 国际解决方案业务期末可用钻机数153台，显著高于分析师预估的111台 [4] 业务分部表现 - 国际解决方案业务营收2.4791亿美元，同比激增440.4%，远超分析师预估的1.8077亿美元 [4] - 北美解决方案业务营收5.9969亿美元，同比下降2.2%，略高于分析师预估的5.728亿美元 [4] - 钻井服务业务营收10.1亿美元，同比增长47.8%，高于分析师预估的9.8262亿美元 [4] - 其他业务营收365万美元，同比增长29.6%，但远低于分析师预估的2247万美元 [4] 市场表现 - 公司股价过去一个月下跌4.8%，同期标普500指数上涨3.8% [3] - 公司当前Zacks评级为3级(持有)，预计短期内表现将与大盘一致 [3] 分部盈利能力 - 北美解决方案业务分部经营利润1.5194亿美元，高于分析师预估的1.3691亿美元 [4] - 国际解决方案业务分部经营亏损3498万美元，与分析师预估的盈利409万美元形成反差 [4]

财务表现 - 公司第二季度调整后每股收益为2美分，低于市场预期的65美分，同比大幅下降86美分[1] - 营业收入10亿美元超出市场预期的9.93亿美元，其中钻井服务收入超预期3%，同比增长47.7%[1] - 北美解决方案部门营收5.997亿美元同比下降2.2%，但超出预期5.566亿美元，营业利润1.519亿美元超预期1.292亿美元[5] - 国际解决方案部门营收2.479亿美元同比暴增439.4%，但营业亏损3500万美元同比扩大759.5%[6][7] - 离岸解决方案部门营收1.491亿美元同比增长475.3%，营业利润1740万美元远超去年同期的7.8万美元[8] 资本运作 - 季度内向股东分配2500万美元股息，并偿还400万美元定期贷款中的2500万美元[2] - 完成对KCA Deutag的收购，导致部门名称变更并整合其业务数据[3][4] - 资本支出2.652亿美元，期末现金1.748亿美元，长期债务22亿美元（负债率42.3%）[9] 业务展望 - 北美解决方案部门三季度直接利润率预计2.35-2.6亿美元，平均活跃钻机数143-149台[10] - 国际解决方案部门直接利润率预计2500-3500万美元，活跃钻机数85-91台[11] - 离岸解决方案部门直接利润率预计2200-2900万美元，管理合同和平台钻机数30-35个[11] - 2025财年总资本支出预计3.6-3.95亿美元，折旧5.95亿美元，现金税支出1.9-2.4亿美元[12][13] - 预计通过KCA Deutag并购实现超2500万美元费用协同效应，总成本节约5000-7500万美元[14] 同业比较 - Liberty Energy一季度每股收益4美分超预期，但同比下滑48美分，期末现金2410万美元，负债率9.6%[16][17] - Halliburton一季度每股收益60美分符合预期但同比下降76美分，营收54亿美元同比降6.7%，负债率40.8%[18][19] - Baker Hughes一季度每股收益51美分超预期，现金32.77亿美元，负债率25.9%[19][20]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4221 HELMERICH & PAYNE, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpora ...

Helmerich & Payne (HP) Q2 2025 Earnings Call May 08, 2025 11:00 AM ET Company Participants Dave Wilson - Vice President-Investor RelationsJohn Lindsay - President & CEOJ. Kevin Vann - SVP & CFOKeith Mackey - Director - Global Equity Research, Oil & Gas ServicesMarc Bianchi - Managing DirectorEddie Kim - Vice President - Equity ResearchDavid Smith - DirectorWaqar Syed - MD & Head of ResearchDoug Becker - Co-Founder & PartnerJeff LeBlanc, - Director & Equity Research Operator Please stand by. Your program is ...

Helmerich & Payne (HP) Q2 2025 Earnings Call May 08, 2025 11:00 AM ET Speaker0 Please stand by. Your program is about to begin. Good day, everyone, and welcome to the H and P fiscal second quarter earnings call. At this time, all participants are in a listen only mode. Later, you will have the opportunity to ask questions during the question and answer session. It assistance. It is now my pleasure to turn the conference over to Dave Wilson, Vice President, Investor Relations. Please go ahead. Speaker1 Thank ...

© 2025 Helmerich & Payne, Inc. All Rights Reserved. 1 Forward-Looking Statements Helmerich & Payne This presentation includes "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, and such statements are based on current expectations and assumptions that are subject to risks and uncertainties. All statements other than statements of historical facts included in this presentation, including, without limitation, statements regarding the anticipa ...

Helmerich & Payne (HP) reported $1.02 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 47.7%. EPS of $0.02 for the same period compares to $0.86 a year ago.The reported revenue represents a surprise of +2.35% over the Zacks Consensus Estimate of $992.67 million. With the consensus EPS estimate being $0.65, the EPS surprise was -96.92%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...