Helmerich & Payne, Inc.·Energy

Shares of Dell Technologies and HP Inc. moved higher on Monday after a report suggested Nvidia Corp. could be exploring a major acquisition that may reshape the personal computer industry. The report, published by technology website SemiAccurate, said Nvidia has been negotiating for more than a year to acquire “a large company,” sparking speculation across markets.

JPMorgan Chase and Co. reduced its stake in shares of Helmerich and Payne, Inc. (NYSE: HP) by 48.9% during the undefined quarter, according to its most recent 13F filing with the SEC. The firm owned 114,637 shares of the oil and gas company's stock after selling 109,893 shares during the period. JPMorgan Chase

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced it has completed the sale of Utica Square, the Tulsa retail center it has owned for more than six decades, to funds managed by Northwood Investors, LLC, a privately held real estate equity firm that owns and operates real estate across the United States. The sale reflects continued progress on H&P's debt reduction goals, with after-tax proceeds exceeding the previously communicated $100 million divestiture.

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced updates to its executive leadership team following Trey Adams' appointment as President and Chief Executive Officer on March 4, 2026. The updates come as H&P continues advancing integration while aligning its leadership team to support execution of the company's strategic priorities under Adams' leadership. As part of these updates, the company announced that Kevin Vann, Senior Vice President (SVP) and Chi.

Helmerich & Payne, Inc. has delivered a 28% return since prior coverage, driven by robust revenue growth and strategic expansion. HP's Q1 2026 revenue rose 50.2% YoY, primarily from the KCA Deutag acquisition, though operating margins were impacted by non-cash impairment charges. Strong liquidity, prudent debt management, and potential tailwinds from rising oil prices and data center-driven natural gas demand position HP well.

Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the stock?
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, the company operated a fleet of 236 land rigs in North America; 30 international land rigs; and 7 offshore platform rigs. It also owns, develops, and operates commercial real estate properties. The company's real estate investments include a shopping center comprising approximately 390,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.