Helmerich & Payne (HP) news

US energy producer Nabep says it received two drilling rigs in Venezuela last week - Release

North American Blue Energy Partners (NABEP), a U.S.-backed energy firm operating in Venezuela, announced last week that it received two additional drilling rigs to support its expansion in the country’s oil sector. This acquisition is part of NABEP’s broader strategy to challenge Chevron’s position…

Helmerich & Payne, Inc.: 2027 expectation of stronger overall direct margins compared to 2026

Helmerich & Payne, Inc. (NYSE: HP) is anticipated to see an improvement in direct margins in 2027 compared to 2026, according to analyst forecasts and industry expectations. Analysts project that the company’s revenue will grow by approximately 11.44% in 2027, reaching an average forecast of $4.5…

Helmrich & Payne: Maintain constructive outlook for FY27

Helmerich & Payne (NYSE: HP) reported strong financial results for the third quarter of fiscal year 2026, with consolidated revenue reaching $1.035 billion and GAAP earnings of $0.74 per share, significantly exceeding analyst expectations. Adjusted EBITDA totaled $236 million, with North America…

Helmerich & Payne, Inc.: UBS initiates coverage with buy rating and target price $49

Fitch assigns Helmerich & Payne first-time 'BBB' ratings; outlook stable

Fitch Ratings has assigned Helmerich & Payne Inc. its first-time credit rating of 'BBB', with a stable outlook, reflecting the company’s improved financial profile and operational performance. The 'BBB' rating indicates that the company has an adequate capacity to meet its financial commitments,…