Helmerich & Payne ( (HP) ) has released its Q4 earnings. Here is a breakdown of the information Helmerich & Payne presented to its investors.
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Helmerich & Payne, Inc. is a leading provider of high-performance drilling rigs and drilling solutions, operating in both conventional and unconventional plays globally. The company is known for its advanced automation and directional drilling technologies.
In its latest earnings report, Helmerich & Payne reported a consolidated net loss of $57 million for the fiscal fourth quarter of 2025, largely due to non-recurring charges. However, the adjusted net loss was significantly lower at $1 million. The company also announced plans to resume operations for seven rigs in Saudi Arabia by mid-2026, which will increase its total operating rig count in the country.
Key financial highlights include a North America Solutions segment operating income of $118 million, despite a decrease from the previous quarter. The International Solutions segment showed improvement with a reduced operating loss, while the Offshore Solutions segment saw increased operating income due to higher rig utilization. The company also made significant progress in debt repayment, exceeding its initial expectations.
Looking ahead to fiscal 2026, Helmerich & Payne plans to invest between $280 million and $320 million in capital expenditures, focusing on maintaining its technical capabilities and reactivating rigs in Saudi Arabia. The company aims to repay its entire term loan by the end of the third fiscal quarter of 2026 and expects stable activity trends in North America.
Helmerich & Payne’s management remains optimistic about the company’s future, emphasizing its strong customer relationships, industry-leading technology, and expanding global presence as key drivers for continued success and long-term value creation for shareholders.