Helmerich & Payne sees fiscal Q4 direct margins at or near high end of guidance ranges
Bitget2026/10/07 12:00H&P expects fiscal 4Q 2026 direct margins near the high end of guidance for North America, International, Offshore Solutions. North America average rig count seen near the high end of the prior range; International, Offshore activity expected near midpoints. International Solutions direct margins forecast at about $45 million for the quarter. Fiscal 2027 outlook calls for stronger overall direct margins than 2026 on improving contracting activity. Targets about 1x net debt to adjusted EBITDA by calendar year-end 2027 while maintaining the base dividend. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. H&P - Helmerich & Payne Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610070800BIZWIRE_USPR_____20261007_BW183786) on October 07, 2026, and is solely responsible for the information contained therein.
- H&P expects fiscal 4Q 2026 direct margins near the high end of guidance for North America, International, Offshore Solutions.
- North America average rig count seen near the high end of the prior range; International, Offshore activity expected near midpoints.
- International Solutions direct margins forecast at about $45 million for the quarter.
- Fiscal 2027 outlook calls for stronger overall direct margins than 2026 on improving contracting activity.
- Targets about 1x net debt to adjusted EBITDA by calendar year-end 2027 while maintaining the base dividend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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