- Helmerich & Payne‘s adjusted earnings per share (EPS) for Q4 was 76 cents, falling short of the expected 81 cents.
- Operating revenue was reported at $693.8 million, slightly surpassing the estimate of $691.9 million.
- International Solutions operating revenue was $45.5 million, under the estimated $49.8 million.
- North America Solutions operating revenue hit $618.3 million, exceeding the estimated $610.5 million.
- North America Solutions operating income surpassed expectations at $155.7 million, above the estimated $152.6 million.
- North America Solutions direct margins were $274.6 million, while International Solutions direct margins were $0.31 million.
- Helmerich & Payne anticipates fiscal year 2025 capital expenditures between $290 million and $325 million, not including the KCA Deutag acquisition.
- The North America Solutions segment maintained its rig count, gained market share, and performed well economically despite a 5% decline in the U.S. rig count.
- Planned capital expenditures in fiscal 2025 are expected to decrease significantly from fiscal 2024 levels.
- The decrease in capital expenditures is due to reduced maintenance costs per rig and lower international growth expenses.
- Fiscal 2024 capital expenditures were notably affected by a 7-rig project with Saudi Aramco.
- Current market sentiment includes 7 buy ratings, 11 hold ratings, and 1 sell rating for Helmerich & Payne.
“`
A look at Helmerich & Payne Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Helmerich & Payne, a company that drills oil and gas wells in the Gulf of Mexico and South America, is looking towards a promising long-term outlook according to Smartkarma Smart Scores. With a solid Value and Dividend score of 4 each, it indicates a positive standing in terms of its financial value and dividend potential. Moreover, a Growth score of 5 suggests strong growth prospects for the company in the coming years. However, there are areas where improvement could be made, with a Resilience score of 3 indicating a moderate level of resilience and a Momentum score of 3 implying a steady but not rapidly increasing momentum in the market.
Overall, Helmerich & Payne seems to be well-positioned for growth and financial stability with its high scores in Value, Dividend, and Growth. While there are some areas of improvement in terms of resilience and momentum, the company’s core strengths bode well for its long-term prospects in the oil and gas drilling industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
