---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-25-000035"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T06:21:29.238986+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Helmerich & Payne posts pro forma net loss of $22.3M for six months ended March 31, 2025 post-KCA Deutag acquisition

## Summary
- Pro forma combined revenue of $2.18B for the six months ended March 31, 2025.
- Pro forma net loss attributable to owners of $22.3M; diluted EPS of ($0.23).
- Includes 15 days of KCA Deutag operations (Jan 1-15, 2025) not previously consolidated, adding $63.2M revenue.
- Pro forma adjustments for purchase accounting: incremental D&A of $37.3M and net interest expense benefit of $20.0M.
- Acquisition transaction costs of $109.3M included in pro forma operating expenses.

## SEC filing metadata
- accession: 0000046765-25-000035
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46765/000004676525000035/0000046765-25-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676525000035/hp-20250515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-25-000035
- JSON: https://secwatch.observer/filing/0000046765-25-000035.json
- Plain text: https://secwatch.observer/filing/0000046765-25-000035.txt

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