Earnings ·
Helmerich & Payne reported fiscal third quarter results ending June 30, 2026, with consolidated revenue of $1.035…
HPHelmerich & Payne, Inc.
Helmerich & Payne reported fiscal third quarter results ending June 30, 2026, with consolidated revenue of $1.035 billion and net income attributable to the company of $76 million, or $0.74 per share. This result included an approximately $115 million after-tax gain from the sale of Utica Square; adjusted losses were $(10) million, or $(0.11) per share. Adjusted EBITDA totaled $236 million. North America Solutions generated $140 million in operating income with a direct margin of $241 million ($18,669 per day). International Solutions reported an operating loss of approximately $(54) million and Offshore Solutions reported operating income of approximately $17 million. The company returned approximately $25 million to shareholders through its ongoing dividend program during the quarter. Helmerich & Payne designs, fabricates, and operates high-performance drilling rigs for oil and gas exploration worldwide.