secwatch.observer — SEC 8-K summary
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Issuer:     Helmerich & Payne, Inc. (HP)
CIK:        0000046765
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0000046765-25-000064
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helmerich & Payne Q4 net loss $57M ($0.58/sh); sees 7 Saudi rigs resume H1 2026
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- Consolidated net loss $57M ($0.58 diluted per share); adjusted net loss $1M ($0.01/sh).
- North America Solutions operating income $118M (down from $158M Q3); direct margin per day $18,620 on 141 rigs.
- International Solutions operating loss $75M, improved from $167M loss including $128M goodwill impairment; direct margins ~$30M.
- Repaid $210M on $400M term loan by Oct (ahead of plan); expects full repayment by Q3 FY2026.
- FY2026 guidance: NAS contracted rigs 132-148, International operating rigs 58-68, G&A $265-285M, cash taxes $95-145M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46765/000004676525000064/0000046765-25-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46765/000004676525000064/hp-20251117.htm
  HTML page:      https://secwatch.observer/filing/0000046765-25-000064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer