NYSE:HPEnergy Services
How Investors Are Reacting To Helmerich & Payne (HP) Dividend, Asset Sale and Caspian Contract Renewal
Helmerich & Payne’s board on June 3, 2026, declared a quarterly cash dividend of US$0.25 per common share, payable on September 1 to shareholders of record as of August 18, alongside reporting a fiscal second-quarter net loss influenced by a non-cash impairment.
The company also exceeded its asset divestiture goal with the sale of the Utica Square retail center and renewed a major Caspian Sea offshore operations and maintenance contract through its TURAN joint venture, reinforcing its focus...