Helmerich & Payne (HP) to Announce Quarterly Earnings on Wednesday

Helmerich & Payne (NYSE:HP) will likely be posting its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect Helmerich & Payne to announce earnings of $0.11 per share and revenue of $987.7030 million for the quarter. Investors may visit the the company’s upcoming Q3 2026 earning overview page 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). Helmerich & Payne had a negative return on equity of 1.16% and a negative net margin of 9.38%.The business had revenue of $932.36 million during the quarter, compared to analysts’ expectations of $945.60 million. During the same period last year, the business earned $0.01 earnings per share. The company’s revenue for the quarter was down 8.2% compared to the same quarter last year. 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 Trading Down 1.3%

HP opened at $33.19 on Wednesday. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of -8.76 and a beta of 0.60. The company’s 50 day simple moving average is $35.70 and its two-hundred day simple moving average is $35.46. Helmerich & Payne has a 1-year low of $15.17 and a 1-year high of $41.82. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.71 and a quick ratio of 1.32.

Helmerich & Payne Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, August 18th. Helmerich & Payne’s dividend payout ratio (DPR) is currently -26.39%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on HP. Morgan Stanley reiterated an “underweight” rating and set a $36.00 price objective on shares of Helmerich & Payne in a research report on Wednesday, July 15th. Weiss Ratings reissued a “sell (d+)” rating on shares of Helmerich & Payne in a research note on Wednesday, June 24th. Barclays upped their target price on Helmerich & Payne from $39.00 to $47.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Citigroup cut their target price on Helmerich & Payne from $38.00 to $36.00 and set a “neutral” rating for the company in a research note on Monday, June 29th. Finally, Piper Sandler lifted their price target on Helmerich & Payne from $41.00 to $43.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $39.80.

Institutional Trading of Helmerich & Payne

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. iSAM Funds UK Ltd purchased a new position in Helmerich & Payne in the fourth quarter worth approximately $236,000. CIBC Bancorp USA Inc. purchased a new stake in Helmerich & Payne in the third quarter valued at $228,000. Brown Advisory Inc. purchased a new stake in Helmerich & Payne in the second quarter valued at $192,000. Cerity Partners LLC raised its position in Helmerich & Payne by 30.7% in the second quarter. Cerity Partners LLC now owns 12,490 shares of the oil and gas company’s stock valued at $189,000 after purchasing an additional 2,937 shares during the period. Finally, Jump Financial LLC acquired a new position in shares of Helmerich & Payne in the 2nd quarter valued at $182,000. Institutional investors and hedge funds own 96.05% of the company’s stock.

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.