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16.03.26 - 11:48
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Helmerich & Payne Announces Executive Leadership Update (Business Wire)
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New CEO Aligns Leadership Team; Todd Scruggs Appointed Chief Financial Officer; Kevin Vann to RetireTULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced updates to its executive leadership team following Trey Adams' appointment as President and Chief Executive Officer on March 4, 2026. The updates come as H&P continues advancing integration while aligning its leadership team to support execution of the company's strategic priorities under Adams' leadership.
As part of these updates, the company announced that Kevin Vann, Senior Vice President (SVP) and Chief Financial Officer (CFO), will retire from his role effective June 30, 2026. Todd Scruggs, currently Vice President, Corporate Finance and Treasury, has been appointed SVP and CFO effective July 1, 2026. Vann will remain in his role through June 30 and will continue serving as a senior advisor through December 31, 2026, to support a smooth transition.
“This transition provides an opportunity to continue shaping the lea...
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04.02.26 - 22:09
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Helmerich & Payne, Inc. Announces Fiscal First Quarter Results (Business Wire)
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TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE:HP)
Operating and Financial Highlights for the Quarter Ended December 31, 2025
The Company reported consolidated net loss of $(97) million, or $(0.98) per share, which includes the impact of a non-cash impairment charge of $103 million. Adjusted for this and other non-recurring one-time items, adjusted earnings(1) were $(14) million, or $(0.15) per share.
North America Solutions (NAS) reported operating income of $36 million for the quarter, compared with $118 million in the prior quarter. These results include a one-time impairment of $98 million. NAS generated direct margins(2) of $239 million, resulting in direct margin(2) per day of $18,193, reflecting strong, sector-leading margin performance in the North American land market.
The company successfully deployed FlexRoboticsTM Technology system on a rig for a Super Major in the Permian Basin.
International Solutions reported an operating loss of $(55) million for the quarter, an improvement f...
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14.01.26 - 22:21
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Helmerich & Payne, Inc. Schedules Fiscal First Quarter 2026 Conference Call and Webcast (Business Wire)
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TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) will host a conference call on Thursday, February 5, 2026, at 11 a.m. ET to discuss its fiscal first quarter 2026 results. CEO John Lindsay, President Trey Adams, and Senior Vice President and CFO Kevin Vann will lead the call. The earnings release and accompanying presentation will be available at hpinc.com. Investors can join the call via phone or audio webcast.
What:
Helmerich & Payne, Inc.'s Fiscal First Quarter 2026 Earnings Release. Other material developments may also be discussed.
When:
11 a.m. ET (10 a.m. CT), Thursday, February 5, 2026
Via Phone:
Domestic: 800-343-4136
Access Code: Helmerich
International: 203-518-9843
Access Code: Helmerich
Via Internet:
Link to the webcast – H&P's Fiscal First Quarter Earnings Call
Questions:
Kris Nicol, VP of Investor Relations, investor.relations@hpinc.com
If you are unable to listen during the live webcast, the call will be archive...
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11.12.25 - 22:09
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Helmerich & Payne Announces John Lindsay Retirement, Appoints Trey Adams as Next CEO (Business Wire)
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TULSA, Okla.--(BUSINESS WIRE)--The Board of Directors of Helmerich & Payne, Inc. (NYSE: HP) announced today that Chief Executive Officer (CEO) John Lindsay will retire as CEO and director following the Annual Meeting of Stockholders on March 4, 2026. The Board has appointed Raymond John “Trey” Adams, President, to succeed Lindsay as CEO, effective following the Annual Meeting and has nominated Adams to stand for election to the Board at the Annual Meeting. Lindsay will continue serving as a senior advisor through December 2026 to support a smooth transition.
“We are pleased to announce Trey's promotion to CEO. This is the next logical step in the company's succession process that has been underway for several years,” said Hans Helmerich, Chairman the Board. “Trey brings proven operational excellence, leadership skills and a clear vision for innovation and growth. He embodies the H&P Way and the future of our company.”
“I am grateful for the trust the Board has placed in me and honored to f...
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