---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-24-000042"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:36:47.748981+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# H&P reports Q3 net income $0.88/shr, NAS direct margin $277M, first Saudi rig arrives

## Summary
- Net income $89M ($0.88/shr) from revenue $698M; sequentially up from $85M ($0.84/shr) on $688M revenue.
- North America Solutions operating income $163M, direct margin $277M; active rigs exited at 146, guidance 147-153 for Q4.
- First super-spec FlexRig arrived in Saudi Arabia; expects first of eight rigs to start work in Q4; International Solutions had operating loss $4.8M.
- Board declared $0.25 base and $0.17 supplemental dividend payable Aug 30 to holders of record Aug 16.
- FY2024 guidance: capex ~$500M, depreciation ~$400M, cash taxes $150-200M; NAS direct margins $260-280M in Q4.

## SEC filing metadata
- accession: 0000046765-24-000042
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2024-07-24T23:59:59+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/46765/000004676524000042/0000046765-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676524000042/hp-20240724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-24-000042
- JSON: https://secwatch.observer/filing/0000046765-24-000042.json
- Plain text: https://secwatch.observer/filing/0000046765-24-000042.txt

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