H&P announces third-quarter 2026 results with strong performance.
NAS averaged 142 rigs, with 57% under term contracts; four geothermal projects in US Lower 48 by early FY'27; secured 5-year contracts in Argentina and holds 25% Vaca Muerta share.
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Global drilling contractor and technology company
hpinc.comLast updated
In short: H&P reported strong fiscal third-quarter 2026 results with $1.035 billion in revenue and secured a major offshore contract in the Caspian.
NAS averaged 142 rigs, with 57% under term contracts; four geothermal projects in US Lower 48 by early FY'27; secured 5-year contracts in Argentina and holds 25% Vaca Muerta share.
Consolidated revenue reached $1.035 billion, with net income of $76 million and adjusted EBITDA of $236 million.
President and CEO Trey Adams and CFO Todd Scruggs will lead the call on August 6, 2026.
The agreement deploys a FlexRig with integrated technology in Argentina's Vaca Muerta formation, supporting horizontal wells operations starting late 2026.
Detailed price information for Helmerich & Payne (HP-N) from The Globe and Mail including charting and trades.
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