HP · Helmerich & Payne, Inc.
Price & Indicators
Up next
Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q3 FY26 earnings call · Aug 6, 2026TL;DR. H&P beat Q3 guidance across all segments with adjusted EBITDA of $236M and raised full-year rig count guidance for North America Solutions, while launching cost-cutting initiatives targeting $40M in annualized savings and $160M in asset sales to accelerate deleveraging.
- + Raised full-year North America Solutions rig count guidance to 140-144 rigs
- + Maintained industry-leading North America direct margin of $18,700 per day, up over $1,000 sequentially
- + Raised full-year Offshore direct margin guidance to $113-$117M
- + Secured contracts for five additional rigs in Argentina including three exported from the U.S., expanding to 15 flex rigs
- − Excluding the Utica Square sale gain and other select items, adjusted net loss of $(0.11) per share
- − International Solutions segment reported an operating loss of $(54) million
- − Increased full-year cash tax outlook to $150-$180M due to Utica Square sale and stronger NAS performance
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Research
our published analysis of this company
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| active contracted rigs | 216 | At the close of the third quarter of fiscal year 2026 filing | — |
| Number of active rigs at the end of period | 3 | Three Months Ended June 30, 2026 filing | — |
| Number of available rigs at the end of period | 4 | Three Months Ended June 30, 2026 filing | — |
| Performance bonuses recognized upon achievement of performance targets | $14.7M | the three months ended June 30, 2026 filing | +4.3% |
|
|
|||
| Reimbursements of "out-of-pocket" expenses | $28.31M | Three Months Ended June 30, 2026 filing | — |
| Total revenue recognized from performance contracts, including performance bonuses | $311.5M | the three months ended June 30, 2026 filing | +0.5% |
|
|
|||
| Average rigs working (International Solutions) | 65 | Q3 FY2026 | — |
| Average rigs working (North America Solutions) | 142 | Q3 FY2026 | — |
| Consolidated adjusted EBITDA non-GAAP | $236M | Q3 FY2026 | — |
| Direct margin non-GAAP | $241M | Q3 FY2026 | — |
| Direct margin (International Solutions) non-GAAP | $31M | Q3 FY2026 | — |
| Direct margin (Offshore Solutions) non-GAAP | $29M | Q3 FY2026 | — |
| Direct margin per day non-GAAP | $18,669 | Q3 FY2026 | — |
| Management contracts (Offshore Solutions) | 30 | Q3 FY2026 | — |
| Offshore backlog | $3.6B | Q3 FY2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Drilling — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
HP
this stock
Helmerich & Payne, Inc.
|
$3.85B | +38.1% | +35.9% | — | 7.3% |
|
NE
Noble Corp plc
|
$6.84B | +46.8% | +7.4% | 46.0 | 9.2% |
|
RIG
Transocean Ltd.
|
$6.01B | +30.8% | -28.6% | — | 24.9% |
|
VAL
Valaris Ltd
|
$5.62B | +62.7% | +0.3% | 6.1 | 8.6% |
|
PTEN
Patterson Uti Energy Inc
|
$4.16B | +86.7% | -10.3% | — | 9.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| HP | +8.2% | -9.4% | +14.2% | +6.7% | +38.1% |
| SPY | +2.0% | +1.7% | +11.3% | +2.2% | +14.3% |
| vs SPY | +6.2% | -11.1% | +2.9% | +4.5% | +23.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.