H&P expects fiscal Q4 direct margins at or near high end of guidance ranges
Helmerich & Payne said it expects direct margins for its North America, International and Offshore Solutions segments to be at or near the high end of previously issued guidance for the fourth quarter of fiscal 2026. The company also said all other financial guidance from its August 5, 2026 earnings release is unchanged, and it maintained its base dividend and its target of about 1x net debt to adjusted EBITDA by calendar year-end 2027. These figures are preliminary, unaudited and subject to financial closing procedures.
Key points
- North America Solutions rig count expected near the high end of the fiscal Q4 2026 guidance range
- International Solutions direct margins expected to be around $45 million for the quarter
- International and Offshore Solutions rig counts expected near the midpoint of their guidance ranges
- All other guidance from the August 5, 2026 earnings release is unchanged
The filing
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 October 07, 2026.
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.