Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, HP and NBR.
For fiscal 2026, HP expects North America rig activity of 138-144, international activity of 58-68 rigs, cash taxes of $125-$150 million and interest expense of about $100 million.
Although the revenue and EPS for Helmerich & Payne (HP) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Helmerich & Payne NYSE: HP said fiscal second-quarter results were supported by steady execution in North America and offshore operations, while conflict-related disruptions and supply chain constraints in the Middle East weighed on its international margins.
Helmerich & Payne, Inc. (HP) Q2 2026 Earnings Call Transcript
The headline numbers for Helmerich & Payne (HP) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Helmerich & Payne (HP) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to earnings of $0.02 per share a year ago.
Helmerich & Payne (HP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Helmerich & Payne, Inc. has delivered a 28% return since prior coverage, driven by robust revenue growth and strategic expansion. HP's Q1 2026 revenue rose 50.2% YoY, primarily from the KCA Deutag acquisition, though operating margins were impacted by non-cash impairment charges. Strong liquidity, prudent debt management, and potential tailwinds from rising oil prices and data center-driven natural gas demand position HP well.
Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the stock?
Helmerich & Payne: Not Time To Dive In Quite Yet
HP posts Q1 loss that misses estimates despite a revenue beat, pressured by North America weakness and a $103M non-cash impairment charge.