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H&P To Participate in J.P. Morgan 2025 Energy, Power and Renewables Conference
Helmerich & Payne, Inc. (NYSE: HP) today announced that Kevin Vann, Senior Vice President and...
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[{"type":"text","content":"H&P To Participate in J.P. Morgan 2025 Energy, Power and Renewables Conference\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n \n\n\n\n Helmerich & Payne, Inc. (NYSE: HP) today announced that Kevin Vann, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of Americas Operations; and Dave Wilson, Vice President of Investor Relations are scheduled to participate in meetings with investors at the J.P. Morgan 2025 Energy, Power and Renewables Conference in New York City on both Tuesday and Wednesday, June 24-25, 2025. Mr. Vann will participate in a discussion on behalf of the Company on Wednesday, June 25, 2025, at 8:35 a.m. U.S. ET.\n \n\n\n Market Update:\n \n Subsequent to\n \n\n H&P’s second fiscal quarter of 2025 earnings release on May 7, 2025, the Company received notices of contract suspensions for an additional nine rigs in the legacy KCA Deutag rig fleet operating in Saudi Arabia. This brings the Company’s total rig suspensions in country to 26 rigs.\n \n\n President and CEO John Lindsay commented, “Although the unexpected softening in KCA Deutag acquisition’s Saudi operations has presented short-term financial challenges, H&P continues to maintain its strong financial foundation. Even with the slowdown in the Saudi market, we are beginning to capture synergies from this transaction and remain confident that our significant drilling presence in the world's most productive oil and gas region enhances the Company's long-term position in the global market. Additionally, our North America Solutions operations and other markets are performing in-line with the guidance shared during our May earnings call.”\n \n\n\n About H&P\n \n\n\n Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for our customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. For more information, visit\n \n hpinc.com\n ...