---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-25-000039"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2025-06-11T23:59:59+00:00"
generated_at: "2026-05-19T14:26:21.689002+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# H&P reports 9 additional Saudi rig suspensions; total 26; CEO cites unexpected softening

## Summary
- 9 more rigs suspended in Saudi Arabia since May 7 earnings, bringing total to 26 rigs.
- Suspensions affect legacy KCA Deutag fleet; CEO acknowledges short-term financial challenges.
- Acquisition synergies still expected; North America Solutions performing in line with guidance.
- CFO Kevin Vann to speak at J.P. Morgan Conference on June 25 at 8:35 a.m. ET.

## SEC filing metadata
- accession: 0000046765-25-000039
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2025-06-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46765/000004676525000039/0000046765-25-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676525000039/hp-20250610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-25-000039
- JSON: https://secwatch.observer/filing/0000046765-25-000039.json
- Plain text: https://secwatch.observer/filing/0000046765-25-000039.txt

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