H&P and GeoPark announce three-year drilling pact
The agreement deploys a FlexRig with integrated technology in Argentina's Vaca Muerta formation, supporting horizontal wells operations starting late 2026.
See the latest news and media coverage for H&P. We track all announcements, press releases, and industry mentions in real time, all in one place.
Global drilling and technology company
hpinc.comLast updated
In short: H&P announced a $1.97 billion acquisition of KCA Deutag, appointed a new CEO and CFO, and secured a $1 billion joint venture contract.
The agreement deploys a FlexRig with integrated technology in Argentina's Vaca Muerta formation, supporting horizontal wells operations starting late 2026.
Shahbal expressed gratitude and highlighted the impact of small consistent efforts and team success.
Consolidated revenue was $932 million, net loss $59 million, adjusted EBITDA $178 million, and FlexRobotics deployment expanding.
President and CEO Trey Adams and CFO Kevin Vann will lead the call, which is open to investors via phone or webcast.
Let’s dig into the relative performance of Helmerich & Payne (NYSE:HP) and its peers as we unravel the now-completed Q1 oilfield services earnings season.
Geopolitical tensions and oil move Helmerich & Payne into focus Helmerich & Payne (HP) has been pulled into the spotlight after rising geopolitical tensions between...
Founded in 1920, Helmerich & Payne Inc., through its subsidiaries, designs, fabricates, and operates high-performance drilling rigs in conventional and unconventional plays around the world.
Helmerich & Payne, Inc. (NYSE:HP) is one of the 8 Best Natural Resources Stocks to Buy Now. On May 19, 2026, BofA analyst Saurabh Pant...
Track H&P and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to H&P and other trending companies.