BUZZ - H&P shares rise after drilling automation partnership with ExxonMobil
路透社2026/10/07 12:51On October 7th, shares of the oilfield services company Helmerich & Payne (HP.N) rose 2% in pre-market trading to $40.4. H&P announced plans to deploy seven additional FlexRobotics systems for ExxonMobil (XOM.N) over the next 12 months. FlexRobotics is HP’s automated drilling platform technology. The company expects its operating margin to improve in fiscal year 2027 and reported strong performance in the fourth quarter. H&P remains committed to reducing its leverage ratio by the end of fiscal year 2027. As of the previous trading day’s close, the stock had risen 38.1% year-to-date. (For convenience, Reuters provides automated translations of its reports into several other languages. Automated translations may contain errors or not include the required context. Reuters does not guarantee the accuracy of automated translations and provides them solely for readers’ convenience. Reuters accepts no liability for any damages or losses arising from the use of automated translation features.)
October 7 - ** Shares of oilfield services company Helmerich and Payne (HP.N) rose 2% in pre-market trading, quoted at $40.4
** H&P stated it plans to deploy seven additional FlexRobotics systems for ExxonMobil (XOM.N) over the next 12 months (link)
** FlexRobotics is HP's automated drilling platform technology
** The company expects (link) its operating margin to improve in fiscal year 2027, with strong performance in the fourth quarter
** It remains committed to reducing leverage by the end of fiscal year 2027
** As of the close of the previous trading day, the stock had risen 38.1% year-to-date
(For the convenience of non-native English speakers, Reuters has made this report available in several other languages via automated translation. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of translated texts, which are provided for readers' convenience only. Reuters accepts no liability for any damages or losses arising from the use of the automated translation feature.)
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