other material
confidence high
sentiment neutral
materiality 0.60
HP files audited financials of KCA Deutag and pro forma combined statements for Jan 2025 acquisition
Helmerich & Payne, Inc.
- KCA Deutag 2024 revenue $1,711.6M, gross profit $266.4M, net loss $85.6M.
- Operating profit before exceptional items $210.0M; exceptional items $85.8M.
- Total assets $2,362.9M; net assets $362.2M as of Dec 31, 2024.
- Unaudited pro forma condensed combined balance sheet and statements of operations for periods ended Dec 31, 2024 and Sep 30, 2024 filed.
- Acquisition of KCA Deutag completed Jan 16, 2025; this amendment provides required financial statements under Item 9.01.