---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-24-000073"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:22:27.327823+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Helmerich & Payne Q4 EPS $0.76, FY EPS $3.43; KCA Deutag acquisition on track

## Summary
- Q4 net income $75M ($0.76 diluted), down from $89M ($0.88) in Q3; FY2024 net income $344M ($3.43) includes $(0.07) select items.
- North America Solutions segment Q4 direct margin $274.6M; exited 151 active rigs; guides 147-153 exiting Q1 FY2025.
- KCA Deutag ~$2.0B acquisition expected to close by year-end 2024; financing raised via $1.25B bonds avg 5% and $400M term loan.
- FY2025 capex guided $290-325M, down ~$190M from FY2024; maintenance capex per rig returning to ~$1M.
- Board declared $0.25/share quarterly dividend, payable Dec 2, 2024 to holders of record Nov 18.

## SEC filing metadata
- accession: 0000046765-24-000073
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2024-11-13T23:59:59+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/46765/000004676524000073/0000046765-24-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676524000073/hp-20241113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-24-000073
- JSON: https://secwatch.observer/filing/0000046765-24-000073.json
- Plain text: https://secwatch.observer/filing/0000046765-24-000073.txt

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