Helmerich & Payne, INC 8-K filings

Helmerich & Payne has announced the hiring of J. Kevin Vann as Chief Financial Officer Designate, who will succeed Mark W. Smith on August 15, 2024.

Helmerich & Payne will acquire KCA Deutag for $1.9725 billion in cash, significantly expanding its global presence and establishing it as a leader in onshore drilling.

Helmerich & Payne's third fiscal quarter saw a net income of $89 million, driven by strong performance in its North America Solutions segment.

Helmerich & Payne declared a quarterly base cash dividend of $0.25 per share and a supplemental cash dividend of $0.17 per share, both payable on August 30, 2024.

Helmerich & Payne announced a net income of $85 million for the second fiscal quarter of 2024, with North America Solutions experiencing increased direct margins despite market volatility.

Helmerich & Payne's stockholders approved the 2024 Omnibus Incentive Plan and elected directors at the annual meeting held on February 27, 2024.

Helmerich & Payne's CFO, Mark W. Smith, will retire in August 2024, after a six-year tenure, and will transition to a senior advisor role until the end of the year.

Helmerich & Payne's first fiscal quarter of 2024 saw increased revenue and margins, driven by strong performance in North America and significant international expansion.