earnings
confidence high
sentiment neutral
materiality 0.80
H&P reports Q1 net income down 26% YoY to $55M; KCA Deutag acquisition closed
Helmerich & Payne, Inc.
2025-Q1 EPS reported
$0.54
revenue$677,302,000
- Diluted EPS $0.54 vs. $0.76 prior quarter; includes $(0.17) in after-tax special items.
- Revenue $677M, down 2.5% from Q4FY24; NAS segment revenue $598M with 148 active rigs.
- Acquisition of KCA Deutag completed Jan 16, adding ~$5.5B backlog and 65 rigs in Middle East.
- Q2 FY25 guidance: NAS direct margins $240-260M, International Solutions combined $28-47M.
- Quarterly dividend maintained at $0.25/share, payable Feb 28, 2025.