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Helmerich & Payne expects North America Solutions direct margins at high-end of guidance for fiscal Q4 2026
HPHelmerich & Payne, Inc.
Helmerich & Payne issued a press release updating its fourth quarter and full-year fiscal 2026 outlook. The company anticipates strong operational results, with direct margins for its North America Solutions, International Solutions, and Offshore Solutions segments expected to be at or near the high-end of previously issued guidance ranges. Specifically, North America Solutions average rig count is projected near the high end, while International Solutions rig count is anticipated near the midpoint. Management highlighted that International Solutions is expected to report direct margins of approximately $45 million for the quarter. The company also maintained its constructive outlook for fiscal 2027, citing encouraging customer discussions and contracting activity across its global portfolio. Helmerich & Payne designs, fabricates, and operates high-performance drilling rigs in conventional and unconventional plays around the world.