Executive readout · one minute
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HP
$38.25
+0.13%
HP
· Helmerich & Payne, Inc.
$38.25
+0.05 (+0.13%)
At close · Oct 2
Return incl. dividend (before tax)
Market Cap
$3.85B
Shares
99.94M
Volume · Oct 1
720.04K
Avg daily vol (3M)
1.24M
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Earnings call · FY2024 Q3
Helmerich & Payne, Inc. (HP) Q3 2024 Earnings Call
Forward guidance
7 guided metrics
Management's latest ranges and targets are included below.
Research coverage
2 live sources
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Revenue
$697.72M
-3.6% YoY
Diluted EPS
$0.88
-5.4% YoY
Net income
$88.69M
-6.9% YoY
Research materials
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Forward guidance
From the 8-K filed Jul 24, 2024.
| Metric | Period | Guided | Basis |
|---|---|---|---|
|
North America Solutions direct margins
Initiated
fourth quarter of fiscal year 2024
|
$260M – $280M | Non-GAAP | |
|
Gross capital expenditures
Maintained
Fiscal Year 2024
|
$500M | — | |
|
Offshore Gulf of Mexico direct margins
Initiated
fourth quarter of fiscal year 2024
|
$6M – $8M | Non-GAAP | |
|
Depreciation
Lowered
fiscal year 2024
|
$400M | — | |
|
General and administrative expenses
Raised
fiscal year 2024
|
$250M | — | |
|
Research and development expenses
Raised
fiscal year 2024
|
$40M | — | |
|
Cash taxes to be paid
Initiated
fiscal year 2024
|
$150M – $200M | — |
Quarter detail
How the reported period landed and where the business moved.
SEC filing · Item 2.02
8-K earnings release
Filed Jul 24, 2024 · complete as-filed document
SEC periodic report
10-Q report
Filed Jul 25, 2024 · complete as-filed document