Helmerich & Payne (HP) to Post Earnings on Wednesday

Helmerich & Payne (NYSE:HP) is projected to issue its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect Helmerich & Payne to post earnings of $0.0948 per share and revenue of $987.7030 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Helmerich & Payne (NYSE:HP) last released its earnings results on Wednesday, May 6th. The oil and gas company reported ($0.38) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.32). The business had revenue of $932.36 million during the quarter, compared to the consensus estimate of $945.60 million. Helmerich & Payne had a negative net margin of 9.38% and a negative return on equity of 1.16%. The firm’s revenue for the quarter was down 8.2% on a year-over-year basis. During the same period last year, the business posted $0.01 EPS. On average, analysts expect Helmerich & Payne to post $-0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Helmerich & Payne Stock Down 0.2%

Helmerich & Payne stock opened at $34.52 on Monday. The company has a current ratio of 1.71, a quick ratio of 1.32 and a debt-to-equity ratio of 0.71. Helmerich & Payne has a 1-year low of $15.17 and a 1-year high of $41.82. The company has a fifty day simple moving average of $35.33 and a 200 day simple moving average of $35.53. The company has a market cap of $3.45 billion, a P/E ratio of -9.11 and a beta of 0.61.

Helmerich & Payne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, August 18th. Helmerich & Payne’s dividend payout ratio is currently -26.39%.

Institutional Investors Weigh In On Helmerich & Payne

A number of institutional investors and hedge funds have recently modified their holdings of the company. iSAM Funds UK Ltd bought a new stake in Helmerich & Payne in the fourth quarter valued at approximately $236,000. CIBC Bancorp USA Inc. bought a new position in shares of Helmerich & Payne during the 3rd quarter worth approximately $228,000. Brown Advisory Inc. bought a new position in shares of Helmerich & Payne during the 2nd quarter worth approximately $192,000. Cerity Partners LLC boosted its stake in shares of Helmerich & Payne by 30.7% during the 2nd quarter. Cerity Partners LLC now owns 12,490 shares of the oil and gas company’s stock worth $189,000 after acquiring an additional 2,937 shares during the period. Finally, Jump Financial LLC acquired a new position in shares of Helmerich & Payne during the 2nd quarter worth approximately $182,000. 96.05% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on HP shares. Royal Bank Of Canada lifted their target price on Helmerich & Payne from $38.00 to $40.00 and gave the company a “sector perform” rating in a research report on Friday, May 8th. The Goldman Sachs Group upped their target price on Helmerich & Payne from $35.00 to $41.00 and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of Helmerich & Payne in a research note on Wednesday, June 24th. Piper Sandler boosted their price target on Helmerich & Payne from $41.00 to $43.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Finally, Citigroup dropped their price objective on Helmerich & Payne from $38.00 to $36.00 and set a “neutral” rating on the stock in a research note on Monday, June 29th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $39.80.

Helmerich & Payne Company Profile

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.