earnings
confidence high
sentiment positive
materiality 0.85
H&P reports Q4 EPS $0.42, revenue $631M; FY2023 capex $425-475M, dividend plan ~$210M
Helmerich & Payne, Inc.
2022-FY EPS reported
$0.05
revenue$2,058,944,000
- Q4 net income $46M ($0.42/diluted share); FY2022 net income $7M ($0.05/diluted share).
- North America Solutions Q4 operating income $92.1M, direct margins $203.5M; exited with 176 active rigs.
- FY2023 capex budget $425-475M; expects NAS direct margins Q1 $250-270M, exiting with 181-186 rigs.
- Supplementary Shareholder Return Plan targeting ~$210M in combined base and supplemental dividends in FY2023.
- Base dividend $0.25/share and supplemental $0.235/share declared, payable Dec 1, 2022.