Helmerich & Payne, Inc. filings document a Delaware operating company with common stock listed on the NYSE and a business centered on drilling rigs, drilling services and drilling technology. Recent 8-K reports furnish quarterly operating results and segment commentary for North America Solutions, International Solutions and Offshore, and also disclose dividend declarations, executive succession matters and compensation arrangements.
Proxy materials cover board elections, stockholder voting results, executive compensation, governance practices and the Amended & Restated 2024 Omnibus Incentive Plan for stock, share-based and cash awards. The filing record also reflects formal disclosure around the completed KCA Deutag acquisition, balance-sheet priorities and capital-allocation matters connected to H&P's global drilling portfolio.
Cramton Kevin G. reported acquisition or exercise transactions in this Form 4 filing.
Helmerich & Payne, Inc. director Kevin G. Cramton received a grant of 5,273 shares of common stock on March 5, 2026, at no stated purchase price. Following this award, his directly held common stock position increased to 43,297 shares.
Helmerich & Payne, Inc. director Belgacem Chariag reported an equity award of common stock. On March 5, 2026, he acquired 5,273 shares of common stock as a grant/award acquisition at a stated price of $0.00 per share.
After this award, his directly owned holdings increased to 67,056 common shares. The transaction is classified as a non-derivative acquisition rather than an open‑market purchase or sale.
Bellinger Delaney Murchison reported acquisition or exercise transactions in this Form 4 filing.
Helmerich & Payne, Inc. director Bellinger Delaney Murchison received a grant of 5,273 units of phantom stock at a stated price of $0.00 per unit, bringing her total phantom stock holdings to 42,697 units.
The phantom shares relate to the Helmerich & Payne, Inc. Director Deferred Compensation Plan and are described as "1-for-1." They are payable in cash only, at the director’s election, either in a lump sum no later than 60 days after her board service ends or in annual installments over a chosen period of up to 10 years.
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.
Helmerich & Payne reported a sharp swing to loss for the quarter ended December 31, 2025. Operating revenues rose to $1.02 billion from $677.3 million a year earlier, driven by much higher international and offshore activity after the KCA Deutag acquisition.
Despite this growth, the company posted a net loss attributable to Helmerich & Payne of $96.7 million, versus net income of $54.8 million last year, or diluted earnings per share of $(0.98) compared with $0.54. Results were hit by $103.1 million in asset impairment charges, largely from scrapping 33 rigs and writing down certain technology assets.
Cash generation remained solid, with net cash from operating activities of $182.4 million, up from $158.4 million. Capital expenditures were $67.6 million, and total debt stood at about $2.05 billion, mainly unsecured senior notes and an unsecured term loan. Firm contract backlog was approximately $4.8 billion, providing multi‑year revenue visibility.
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.
Helmerich & Payne, Inc. has called a virtual Annual Meeting for March 4, 2026, where stockholders will vote on electing 10 director nominees, ratifying Ernst & Young LLP as auditor, approving executive compensation on an advisory basis, and approving an amended and restated 2024 Omnibus Incentive Plan.
The proxy highlights a transformative year, including completion of the KCA Deutag acquisition, making H&P the largest active land driller globally, and a focus on strengthening the balance sheet by repaying $210 million of a $400 million term loan and generating $543 million in operating cash flow, which supported $100 million in base dividends and debt reduction.
North America Solutions delivered industry-leading margin performance, aided by digital adoption and operational gains, while international and offshore operations expanded the company’s global scale. The filing also details a planned leadership transition: CEO John W. Lindsay will retire after the meeting, with President Raymond John “Trey” Adams III becoming President and CEO, as Lindsay remains Senior Advisor through December 2026.
Dimensional Fund Advisors LP filed a passive ownership report on Helmerich & Payne Inc. common stock. Dimensional is reported as having beneficial ownership of 5,165,265 shares, representing 5.2% of the company’s common stock as of the event date. It has sole voting power over 5,025,193 shares and sole dispositive power over the full 5,165,265 shares, with no shared voting or dispositive power.
The filing explains that all of these shares are actually owned by various funds and accounts advised or managed by Dimensional and its subsidiaries, and Dimensional disclaims beneficial ownership except for Section 13(d) reporting purposes. The position is certified as being held in the ordinary course of business and not for the purpose of changing or influencing control of Helmerich & Payne.
Helmerich & Payne, Inc. reported insider equity activity by Chief Executive Officer and Director John W. Lindsay. On January 12, 2026, he acquired 11,003 shares of common stock at $0 per share, reflecting restricted stock units that became eligible to vest under previously awarded performance share units as certified by the Human Resources Committee. On the same date, he disposed of 3,410 shares of common stock at $30.58 per share under a transaction coded “F.” Following these transactions, he directly held 217,978 shares of common stock, with additional indirect holdings of 9,021 shares through a 401(k) and 526,123 shares through a trust.