AI brief of an SEC Form 8-K · Helmerich & Payne (HP)

Helmerich & Payne Q4 net income falls to $75 million, $0.76 per share

Mixed Impact 3 of 5 earnings Written later

Helmerich & Payne reported fiscal fourth-quarter 2024 net income of $75 million, or $0.76 per diluted share, on operating revenues of $694 million, down from $89 million, or $0.88 per share, on $698 million in the prior quarter. For fiscal 2024, net income was $344 million, or $3.43 per diluted share, compared with $434 million in fiscal 2023, and the company gave fiscal 2025 capital expenditure expectations of $290 million to $325 million, excluding the pending KCA Deutag acquisition.

Key points

  • Q4 fiscal 2024 net income was $75 million, or $0.76 per diluted share, versus $89 million, or $0.88 per share, in the prior quarter ended June 30, 2024
  • Q4 operating revenues were $694 million, compared with $698 million in the prior quarter
  • Fiscal 2024 net income was $344 million, or $3.43 per diluted share, versus $434 million in fiscal 2023
  • Fiscal 2025 capital expenditures are expected to range from $290 million to $325 million; quarterly dividend of $0.25 per share is payable December 2, 2024

The filing

CompanyHelmerich & Payne (HP)
Form8-K, current report
Filed with the SECNov 13, 2024, 4:27 PM ET
Accession number0000046765-24-000073

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 13, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.