NYSE:HPEnergy Services
Does Reactivation of Saudi Rigs Signal a Turning Point for Helmerich & Payne (HP)?
Helmerich & Payne, Inc. recently reported its fourth quarter and full-year financial results for 2025, showing a year-over-year increase in revenue to US$1.01 billion for the quarter and US$3.75 billion for the year, but a shift from net income to net losses over both periods.
Additionally, the company announced the staged recommencement of operations for seven land rigs in Saudi Arabia during the first half of 2026, an important step in expanding its presence in the Middle East amid...