---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-23-000044"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:31:04.153190+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Helmerich & Payne Q3 net income $95M, revenue $724M; guides lower Q4 rigs

## Summary
- Net income $95M ($0.93/diluted) vs $164M ($1.55) prior quarter; includes $(0.16) select items.
- NAS operating income $169.5M, down $13M; revenue per day up to $37,100, margins $18,400/day.
- Expects to exit Q4 with 141-147 active rigs (from 153); NAS direct margins Q4 guided $230-250M.
- Returned $451M to shareholders YTD via dividends ($202M) and share buybacks ($249M); repurchased 3.2M shares in Q3.

## SEC filing metadata
- accession: 0000046765-23-000044
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46765/000004676523000044/0000046765-23-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676523000044/hp-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-23-000044
- JSON: https://secwatch.observer/filing/0000046765-23-000044.json
- Plain text: https://secwatch.observer/filing/0000046765-23-000044.txt

## Key facts
- Earnings Releases
  Helmerich & Payne, Inc. reported its third fiscal quarter ended June 30, 2023 results: revenue $724 million, net income $95 million, EPS $0.93 per diluted share.
  - Period: its third fiscal quarter ended June 30, 2023
  - Revenue: $724 million
  - Net income: $95 million
  - EPS: $0.93 per diluted share
  - Result: reported results
  source text: Helmerich & Payne, Inc. (NYSE: HP) reported net income of $95 million, or $0.93 per diluted share, from operating revenues of $724 million for the quarter ended June 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/46765/000004676523000044/0000046765-23-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.