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Helmerich 8-K Filings

HP NYSE

Every 8-K that Helmerich (HP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow HP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HP filings page.

Rhea-AI Summary

Helmerich & Payne, Inc. reported fiscal third‑quarter 2026 consolidated revenue of $1.035 billion and net income attributable to the company of $76 million, or $0.74 per share, driven in part by an approximately $115 million gain on the sale of Utica Square. Excluding select items, it recorded an adjusted net loss of $(10) million, or $(0.11) per share, and consolidated adjusted EBITDA of $236 million.

North America Solutions generated operating income of $140 million and direct margin of $241 million, averaging 142 active rigs. International Solutions posted an operating loss of approximately $(54) million with $31 million of direct margin and 65 rigs working, while Offshore Solutions delivered about $17 million of operating income and $29 million of direct margin.

Management issued fourth‑quarter 2026 guidance including North America Solutions direct margin of $245–$255 million on 145–151 average rigs, International Solutions direct margin of $25–$45 million on 60–70 rigs, and Offshore Solutions direct margin of $26–$30 million. Full‑year 2026 gross capital expenditures are projected at $270–$310 million.

Rhea-AI Summary

Helmerich & Payne, Inc. declared a quarterly cash dividend of $0.25 per share on its common stock. The dividend will be payable on September 1, 2026 to stockholders of record at the close of business on August 18, 2026.

Rhea-AI Summary

Helmerich & Payne, Inc. reported fiscal second-quarter 2026 consolidated revenue of $932 million and a net loss of $59 million, or $(0.59) per share, including a $26 million non-cash impairment. Adjusted loss was $38 million, or $(0.38) per share, and adjusted EBITDA reached $178 million.

North America Solutions delivered operating income of $111 million and direct margin of $215 million, about $17,628 per day on 136 active rigs. International Solutions posted an operating loss of roughly $100 million with direct margin of about $11.5 million, reflecting Middle East conflict impacts, while Offshore Solutions earned operating income of about $14 million and direct margin near $27 million.

The company completed the sale of Utica Square with after-tax proceeds above its $100 million target, retired a term loan, reducing post-acquisition debt by $400 million, and returned roughly $25 million to shareholders through dividends. Management highlighted growing FlexRobotics™ deployment, a five-year bp contract renewal in the Caspian Sea that could exceed $1 billion if all options are exercised, and issued guidance calling for North America Solutions direct margin of $230–$240 million and 137–143 average rigs in the third quarter of fiscal 2026.

Rhea-AI Summary

Helmerich & Payne, Inc. is implementing a planned finance leadership transition alongside its recently appointed CEO. Senior Vice President and Chief Financial Officer Kevin Vann will retire from his CFO role effective June 30, 2026, and become a non-executive senior advisor through December 31, 2026.

The Board has appointed Todd Scruggs, currently Vice President, Corporate Finance and Treasurer, as Senior Vice President and Chief Financial Officer effective July 1, 2026. His annual base salary will be $475,000 with a target bonus equal to 90% of base salary for calendar 2026 starting July 1.

Under a Transition Services and Retirement Agreement, Vann will receive his current base salary through June 30, 2026, then an annual base salary of $309,000 as senior advisor through year-end and a one-time $750,000 bonus in lieu of a 2026 annual bonus, paid in two installments tied to the transition and his termination of employment.

Rhea-AI Summary

Helmerich & Payne, Inc. reported results of its 2026 Annual Meeting of Stockholders held on March 4, 2026. Stockholders approved the Amended & Restated 2024 Omnibus Incentive Plan, a stock and cash-based plan covering options, stock awards, and cash incentives for officers, employees, consultants, and non-employee directors.

All nominated directors were elected to serve until the 2027 annual meeting. Stockholders also ratified the appointment of Ernst & Young LLP as independent auditors for the fiscal year ending September 30, 2026 and approved, on an advisory basis, the compensation of the named executive officers.

Rhea-AI Summary

Helmerich & Payne, Inc. reported that its Board of Directors declared a quarterly cash dividend of $0.25 per share on its common stock. The dividend will be payable on June 1, 2026 to stockholders of record at the close of business on May 18, 2026. This maintains regular cash returns to shareholders through ongoing dividend payments.

Rhea-AI Summary

Helmerich & Payne, Inc. furnished an update on its financial performance by issuing a press release covering results for its first fiscal quarter ended December 31, 2025. The company submitted this information in a current report, with the full earnings release included as Exhibit 99.1.

The earnings details themselves are contained in the attached press release, while the report specifies that this financial information is being furnished under securities law rules rather than formally filed, which affects how it is treated for certain legal and reporting purposes.

Rhea-AI Summary

Helmerich & Payne, Inc. announced a planned leadership transition. Chief Executive Officer John Lindsay will retire from his roles as CEO and director following the 2026 Annual Meeting of Stockholders on March 4, 2026. The board has appointed the company’s President, Raymond John “Trey” Adams III, to become CEO effective after that meeting and has nominated him to stand for election as a director.

Mr. Lindsay will remain with the company as a Senior Advisor through December 31, 2026 to support the transition. He will continue to receive his annual base salary, an annual short‑term cash incentive for his CEO service in early fiscal 2026 equal to 50% of his fiscal 2025 short‑term cash incentive award, and a grant of 77,818 restricted shares with a one‑year vesting period in lieu of a fiscal 2026 long‑term equity incentive award. The agreement will also include non‑competition and non‑solicitation covenants. The company issued a press release on December 11, 2025 describing these changes.

Rhea-AI Summary

Helmerich & Payne, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on its common stock. This payment represents direct cash returned to shareholders based on the number of shares they own.

The dividend will be paid on February 27, 2026 to stockholders who are on record as of the close of business on February 13, 2026. Investors holding shares on or before the record date will be eligible to receive the dividend in line with the company’s ongoing capital return practices.

Rhea-AI Summary

Helmerich & Payne, Inc. (HP) reported that it has released its financial results for the fourth fiscal quarter and full fiscal year ended September 30, 2025. The company disclosed this through a current report, noting that the detailed numbers and commentary are contained in an earnings press release dated November 17, 2025, which is attached as an exhibit. The information is being furnished under rules for results of operations and financial condition and is not treated as formally filed for liability purposes.

Rhea-AI Summary

Helmerich & Payne, Inc. announced leadership changes: Raymond John "Trey" Adams III will become President effective October 1, 2025, while John Lindsay remains CEO. Adams, age 40, has held senior commercial and digital roles since joining in 2008. His annual base salary will be increased to $660,000 effective October 1, 2025, and he remains eligible for the annual short-term cash incentive with a 100% target bonus of base salary for fiscal 2026. Michael P. Lennox and John R. Bell will be promoted to Executive Vice Presidents for Western and Eastern Hemisphere Land, respectively, with base salaries increased to $560,000 and restricted stock awards valued at $1 million each that vest in full after three years. The company furnished a press release as Exhibit 99.1 on September 29, 2025.

Rhea-AI Summary

Helmerich & Payne, Inc. announced at a Board meeting on September 9, 2025, a quarterly cash dividend of $0.25 per share on common stock. The dividend is payable on December 2, 2025 to stockholders of record at the close of business on November 18, 2025. The filing reflects the formal declaration and payment schedule but contains no additional financial results, guidance, or commentary.

Rhea-AI Summary

Helmerich & Payne (NYSE:HP) filed an 8-K announcing a two-week extension of its registered exchange offer covering $1.25 billion of senior notes (4.650% 2027, 4.850% 2029, 5.500% 2034). The deadline moves from June 26 to July 10, 2025; all other terms remain unchanged.

As of the prior cutoff, holders had tendered 99.9% of the 2027 notes, 94.3% of the 2029 notes and 99.9% of the 2034 notes. The filing does not involve new financing or material changes to the company’s capital structure.