secwatch.observer — SEC 8-K summary
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Issuer:     Helmerich & Payne, Inc. (HP)
CIK:        0000046765
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0000046765-22-000068
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

H&P reports Q4 EPS $0.42, revenue $631M; FY2023 capex $425-475M, dividend plan ~$210M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46765/000004676522000068/0000046765-22-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46765/000004676522000068/hp-20221116.htm
  HTML page:      https://secwatch.observer/filing/0000046765-22-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer