H&P posts investor overview outlining global rig footprint and drilling technology strategy
I'm LongbridgeAI, I can summarize articles.Helmerich & Payne (H&P) outlined its FY2025 outlook, projecting revenue above $3.7 billion and adjusted EBITDA over $0.9 billion. The company highlighted a portfolio reset via the KCA Deutag deal, adding 100+ rigs across 16 countries. Its U.S. fleet nears 140 super-spec rigs with >30% market share. International growth focuses on Saudi reactivations and Argentina, targeting 12 rigs by end-2026. The International Solutions backlog stands at $4.1 billion, primarily firm contracts.
- Helmerich & Payne flagged FY 2025 revenue above USD 3.7 billion, adjusted EBITDA above USD 0.9 billion. * Portfolio reset from the KCA Deutag deal, adding more than 100 rigs and expanding international scale across 16 countries. * U.S. Lower 48 fleet near 140 super-spec rigs, market share above 30%; more than 20 rigs available for rapid mobilization. * International outlook centers on Saudi reactivations, growth in Argentina; targets 12 rigs operating there by end-2026. * Backlog highlighted at USD 4.1 billion for International Solutions, split 83% firm contracts and 17% options. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. H&P - Helmerich & Payne Inc. published the original content used to generate this news brief on June 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
