Helmerich & Payne, Inc. Provides Earnings Guidance for the First Quarter of 2019
January 29, 2019 at 05:22 pm
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Helmerich & Payne, Inc. provided earnings guidance for the first quarter of 2019. For the first quarter of fiscal 2019, the company expects net income of $0.17 per diluted share included $0.25 in after-tax losses.
Helmerich & Payne, Inc., through its subsidiaries, designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. The Company also develops and implements advanced automation, directional drilling and survey management technologies. Its segments include North America Solutions, Offshore Gulf of Mexico and International Solutions. The North America Solutions segment has operations which are located in Texas and other states, including Colorado, Louisiana and New Mexico. The Offshore Gulf of Mexico segment has operations that are located in Louisiana and in United States federal waters in the Gulf of Mexico. The International Solutions segment has rigs and/or services located in five international locations: Argentina, Bahrain, Colombia, the United Arab Emirates and Australia. The Company's fleet includes approximately 233 land rigs in the United States, 22 international land rigs and seven offshore platform rigs.
HELMERICH & PAYNE, INC. 
