Helmerich & Payne is a contract drilling company that provides land-based oil and gas drilling services, primarily in the United States. It is best known for its FlexRig fleet of highly automated drilling rigs designed for efficiency, safety, and high utilization. Customers are exploration and production companies that hire the firm’s rigs and crews under day-rate contracts rather than owning drilling equipment themselves.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 1,016 | — | 1.3 | — |
| Q2 2025 | 1,040.9 | — | -163.1 | — |
| Q3 2025 | 1,011.8 | — | -57.7 | — |
| Q4 2025 | 1,017 | — | -97.2 | — |
| Q1 2026 | 932.4 | -8.2% | -59.1 | -4,825% |
| Q2 2026 | 1,034.9 | -0.6% | 74.4 | — |
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