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Helmerich & Payne (HP)
NYSE:HP
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.46Last Year’s EPS
0.92Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -3.79%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment. The acquisition of KCA Deutag and the steady performance of the North America and Offshore segments highlight positive developments. However, challenges in the International Solutions segment, particularly in Saudi Arabia, and the impact of softer oil prices on the rig count introduce significant concerns.Company Guidance
During the fiscal second quarter of 2025 earnings call, H&P provided detailed guidance and metrics on their performance and future outlook. The company reported quarterly revenues of just over $1 billion, with total direct operating costs of $702 million and general and administrative expenses of approximately $81 million. The North America Solutions segment averaged 149 contracted rigs, resulting in revenues of $600 million and a direct margin of $266 million. The International Solutions segment ended the quarter with 76 rigs working and generated a direct margin of $27 million, while the Offshore Solutions segment produced $26 million in direct margins. Looking ahead to the third quarter, H&P expects North American Solutions to average 143 to 149 contracted rigs, with direct margins between $235 million and $260 million. The International Solutions segment is projected to have a direct margin of $25 million to $35 million, with an average of 85 to 91 contracted rigs. The Offshore Solutions segment is expected to generate a direct margin between $22 million and $29 million. For the full fiscal year 2025, capital expenditures are estimated to be between $360 million and $395 million, with cash taxes ranging from $190 million to $240 million.Successful KCAD Acquisition
The acquisition of KCA Deutag has positioned H&P as a global leader with the largest active rig count in the industry, enhancing capabilities for future expansion into international markets.
Strong North America Solutions Segment
The North America Solutions segment maintained a steady rig count and realized margins better than expected, with over 50% of customers preferring performance-based contracts.
Offshore Solutions Segment Performance
The offshore solutions segment generated $26 million in direct margins, with a current backlog of $2.5 billion, signaling strong and steady cash flows.
Financial Position and Cash Flow
Despite significant one-time costs, the company maintained strong liquidity with cash and short-term investments of $196 million and plans to repay $175 million of a $400 million term loan by year-end.
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HP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 07, 2025 | $19.00 | $18.34 | -3.47% |
| Feb 05, 2025 | $32.88 | $27.47 | -16.45% |
| Nov 13, 2024 | $35.60 | $33.38 | -6.24% |
| Jul 24, 2024 | $36.68 | $39.89 | +8.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Helmerich & Payne (HP) report earnings?
Helmerich & Payne (HP) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Helmerich & Payne (HP) earnings time?
Helmerich & Payne (HP) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HP EPS forecast?
HP EPS forecast for the fiscal quarter 2025 (Q3) is 0.46.
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