3Q earnings report date set by Helmerich and Payne

Helmerich & Payne Inc.: Back In The Game (NYSE:HP) | Seeking Alpha


Tulsa’s Helmerich & Payne plans to release its third quarter 2022 earnings report later this month followed by a conference call.

The conference call will be held at 10 a.m. Central Time on Thursday, July 28 and will feature John Lindsay, President and CEO; Mark Smith, Senior Vice President and CFO; and Dave Wilson, Vice President of Investor Relations.

The company a net loss of $5 million in the second quarter or 5 cents a diluted share. Its operating revenues totaled $468 million.

The $5 million loss compared to a net loss of $51 million  and 48 cents a share for the quarter that ended Dec. 31, 2021. The company reported net cash from operating activities was $23 million for the second quarter compared to $4 million in the previous quarter.

Helmerich & Payne also increased its rig count during the quarter with 71 rigs in North America.