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Helmerich & Payne, Inc. To Participate in Conferences in March 2025
Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Exe...
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[{"type":"text","content":"Helmerich & Payne, Inc. To Participate in Conferences in March 2025\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n \n\n\n\n Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Kevin Vann, Senior Vice President and Chief Financial Officer; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of March 2025. Participation by the management team will vary by event.\n \n\n\n The Piper Sandler 25\n \n th\n \n Annual Energy Conference on Tuesday and Wednesday, March 18-19, 2025; Lindsay will participate in a panel discussion on behalf of the Company on Wednesday, March 19, 2025 at 10:45 a.m. U.S. PT.\n \n\n\n\n The NYSE Energy & Utilities Virtual Investor Access Day on Thursday, March 20, 2025.\n \n\n\n\n Market Update:\n \n Subsequent to\n \n\n H&P’s first fiscal quarter of 2025 earnings release on February 5, 2025, the Company received notices of contract suspensions for an additional two rigs from the legacy KCA Deutag rig fleet operating in Saudi Arabia. This brings the Company’s total rig suspensions in country to 14 rigs.\n \n\n President and CEO John Lindsay commented, “While these incremental suspensions are disappointing, we do not expect them to have an incremental adverse material impact on the Company’s financial position. As we have mentioned previously, we remain positive on the long-term strategic prospects of having a large-scale drilling presence in the region and are actively pursuing the cost synergies we discussed on the first fiscal quarter earnings conference call.”\n \n\n\n About Helmerich & Payne, Inc.\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 infor...