Helmerich & Payne, Inc. (HP) Sees Q4 Direct Margins Near High End; Intl Margin ≈$45M

Helmerich & Payne (HP) anticipates strong Q4 FY2026 results, with direct margins near high-end guidance for North America, International, and Offshore Solutions. International Solutions direct margin is expected around $45 million. Activity levels vary by region, with North America near the high end and others near midpoints. The company reaffirmed its fiscal 2027 outlook and debt reduction target of 1x net debt to adjusted EBITDA by year-end 2027, while maintaining its base dividend.

Helmerich & Payne, Inc. (HP) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 NEWS RELEASE H&P PROVIDES FOURTH QUARTER FINANCIAL & OPERATIONAL UPDATE TULSA, Okla. – October 7, 2026 – Helmerich & Payne, Inc. (NYSE: HP) currently expects to report strong operational and segment financial results for the quarter, with direct margins (1) for its N

ProPetro (PUMP) is up 10% post-earnings at $11.73. Select Water Solutions (WTTR) reported $395.8M revenue, up 8.7% YoY, beating estimates, and its stock rose 8.7% to $20.11. Borr Drilling (BORR) saw revenue decline 13.2% YoY, missing estimates, but its stock increased 14.6% to $4.88. Bristow Group (VTOL) reported $411.8M revenue, up 9.4% YoY, beating expectations, but its stock fell 5.2% to $45.24. Helmerich & Payne (HP) reported flat revenue but beat estimates, with its stock up 40.9% to $46.90

The U.S. has granted North American Blue Energy Partners (NABEP) 100-year concessions for 17 Venezuelan oil fields with 65 billion barrels of reserves. The U.S. gains equity and governance rights. NABEP plans to deploy 52 drilling rigs, with some already acquired from Helmerich & Payne, Patterson-UTI Energy, and Precision Drilling. China has responded, asserting its legal rights in Venezuela. Halliburton and ExxonMobil are key players in the potential U.S.-led oil development.

HP introduced the DesignJet XT870 24-inch large-format printer in India, targeting photographers and printing businesses. The printer offers multi-size printing, HP Flex Tech pigment inks, and HP Click for simplified workflows. It is designed for affordability, sustainability, and professional performance, complementing HP's existing Z6 and Z9+ series.

World Kinect (NYSE:WKC) reported Q2 revenue of $13.59B, up 50.3% YoY, beating estimates. ProPetro (NYSE:PUMP) reported $305.8M revenue, down 6.2% YoY, missing estimates. Helmerich & Payne (NYSE:HP) reported $1.03B revenue, flat YoY, beating estimates. RPC (NYSE:RES) reported $460.9M revenue, up 9.5% YoY, beating estimates. Stocks reacted variably post-earnings.