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Helmerich & Payne expects to report strong operational and financial results for its fourth quarter of fiscal 2026, with direct margins for its North America Solutions, International Solutions, and Offshore Solutions businesses all at or near the high end of previously issued guidance ranges. The International Solutions segment is expected to report direct margins of around $45 million during the quarter. North America Solutions average rig count is anticipated near the high end of guidance, whilst International and Offshore Solutions are expected near the midpoint of their respective ranges. Looking ahead to fiscal 2027, the company maintains a constructive outlook, expecting stronger overall direct margins compared to 2026. The firm remains committed to reaching approximately 1x net debt to adjusted EBITDA by calendar year-end 2027 whilst maintaining its base dividend.

Helmerich & Payne (NYSE:HP) trading down 4.5% - here's what happened. September 3, 2026 Key points. * Helmerich & Payne shares fell 4.5% to about $45.50 in midday trading, with volume 77% below the average session level. * The company reported a quarterly loss of $0.11 per share, missing analysts' $0.09 profit estimate, while revenue of $1.03 billion topped expectations but declined slightly year over year. * Analysts' consensus rating remains Hold with a $41 price target, while insiders sold 110,673 shares worth approximately $4.86 million over the past 90 days. * MarketBeat previews the top five stocks to own by October 1st. Shares of Helmerich & Payne, Inc. (NYSE:HP - Get Free Report) traded down 4.5% on Thursday. The company traded as low as $45.65 and last traded at $45.5020. 324,529 shares were traded during mid-day trading, a decline of 77% from the average session volume of 1,403,101 shares. The stock had previously closed at $47.64. Analysts set new price targets. A number of analysts have commented on HP shares. Royal Bank Of Canada boosted their price objective on Helmerich & Payne from $38.00 to $40.00 and gave the stock a "sector perform" rating in a report on Friday, May 8th. Susquehanna increased their price target on Helmerich & Payne from $40.00 to $44.00 and gave the company a "positive" rating in a report on Friday, August 7th. Wall Street Zen upgraded shares of Helmerich & Payne from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. The Goldman Sachs Group upped their target price on shares of Helmerich & Payne from $35.00 to $41.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 3rd. Finally, Barclays raised their target price on Helmerich & Payne from $47.00 to $50.00 and gave the stock an "overweight" rating in a research report on Monday, August 10th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $41.00. Helmerich & Payne trading down 4.9%. The firm has a market cap of $4.53 billion, a P/E ratio of -32.13 and a beta of 0.66. The company has a current ratio of 1.96, a quick ratio of 1.55 and a debt-to-equity ratio of 0.69. The company's fifty day moving average price is $37.18 and its two-hundred day moving average price is $36.85. Discover more Stock Split Calculator Live News Feed Helmerich & Payne (NYSE:HP - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.20). Helmerich & Payne had a negative return on equity of 2.35% and a negative net margin of 3.43%.The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $987.70 million. During the same quarter in the previous year, the business earned $0.22 EPS. The firm's quarterly revenue was down .6% on a year-over-year basis. As a group, sell-side analysts predict that Helmerich & Payne, Inc. will post -0.18 EPS for the current fiscal year. Insider buying and selling. In related news, SVP Cara M. Hair sold 11,149 shares of the firm's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $44.27, for a total transaction of $493,566.23. Following the completion of the transaction, the senior vice president directly owned 136,095 shares of the company's stock, valued at approximately $6,024,925.65. This trade represents a 7.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Hans Helmerich sold 94,470 shares of the business's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $43.90, for a total transaction of $4,147,233.00. Following the completion of the sale, the director owned 20,000 shares of the company's stock, valued at approximately $878,000. This represents a 82.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 110,673 shares of company stock valued at $4,864,590 over the last 90 days. Company insiders own 4.40% of the company's stock. Institutional trading of Helmerich & Payne. Institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its holdings in Helmerich & Payne by 2,433.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,647 shares of the oil and gas company's stock worth $25,000 after acquiring an additional 1,582 shares during the last quarter. Leonteq Securities AG acquired a new position in Helmerich & Payne during the fourth quarter worth $26,000. Parallel Advisors LLC lifted its position in Helmerich & Payne by 407.1% during the 3rd quarter. Parallel Advisors LLC now owns 2,226 shares of the oil and gas company's stock worth $49,000 after acquiring an additional 1,787 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Helmerich & Payne by 24.3% during the fourth quarter. Hantz Financial Services Inc. now owns 2,276 shares of the oil and gas company's stock valued at $65,000 after purchasing an additional 445 shares in the last quarter. Finally, Strs Ohio purchased a new position in Helmerich & Payne during the first quarter valued at approximately $101,000. 96.05% of the stock is currently owned by institutional investors. About Helmerich & Payne. Helmerich & Payne, Inc is a leading provider of contract drilling services to the oil and gas industry, specializing primarily in onshore drilling operations. The company designs, engineers and operates a fleet of advanced drilling rigs, including its proprietary FlexRigs, which are engineered for high efficiency, safety and rapid mobilization. Alongside core drilling services, Helmerich & Payne offers well intervention, workover and coiled tubing services, positioning itself as a comprehensive drilling solutions partner for exploration and production companies worldwide. Founded in 1920 and headquartered in Tulsa, Oklahoma, Helmerich & Payne has grown through innovation and strategic expansion to serve diverse hydrocarbon basins. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Helmerich & Payne, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Helmerich & Payne wasn't on the list. While Helmerich & Payne currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. 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Helmerich & Payne reported second-quarter revenue of $1.03 billion, beating analyst estimates of $982.1 million despite flat year-on-year sales. The company attributed the performance to increased rig reactivations in North America, expansion in Argentina, and resilient offshore operations. Adjusted EBITDA reached $234.2 million, exceeding expectations of $214.1 million with a 22.6% margin. Operating margin improved to 18.2%, up from negative 12.3% in the prior-year quarter. CEO Raymond John Adams highlighted the company's ability to deliver margin growth whilst reactivating 10 rigs across its Lower 48 fleet. Technology-driven efficiencies helped offset volatility in the Middle East and challenging pricing conditions. However, adjusted earnings per share of negative $0.11 significantly missed analyst estimates of $0.10.