secwatch.observer — SEC 8-K summary
======================================

Issuer:     Helmerich & Payne, Inc. (HP)
CIK:        0000046765
Form:       8-K
Filed at:   2026-08-05T20:21:22+00:00
Accession:  0000046765-26-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helmerich & Payne Q3 net income $76M, adjusted loss $(0.11)/share; revenue $1.035B
--------------------------------------------------------------------------------

- Net income $76M ($0.74/diluted) includes $115M gain on Utica Square sale; adjusted loss $(10)M ($(0.11)/share).
- Revenue $1.035B; adjusted EBITDA $236M; NAS direct margin $241M ($18,669/day) with 142 rigs active.
- International Solutions operating loss $(54)M, direct margin $31M; Offshore operating income $17M, direct margin $29M.
- Q4 guidance: NAS direct margin $245-255M, 145-151 avg rigs; FY26 capex $270-310M.
- Returned $25M to shareholders via dividends; management announces cost initiatives to enhance margins.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46765/000004676526000039/0000046765-26-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46765/000004676526000039/hp-20260805.htm
  HTML page:      https://secwatch.observer/filing/0000046765-26-000039

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