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Helmerich & Payne (HP) expects capital outlay in the range of $450-$500 million, with depreciation and amortization expenses of $390 million for 2024.

Although the revenue and EPS for Helmerich & Payne (HP) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Helmerich & Payne (HP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) first quarter 2024 earnings release, you are invited to listen to its conference call on Tuesday, January 30, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.   What: Helmerich & Payne, Inc.'s Fiscal First Quarter.

HP Inc. (HPQ) posted fiscal fourth-quarter earnings that were largely in line with estimates with revenue missing by a hair. Despite this, HP CEO and President Enrique Lores is confident in the company's profit forecast and renewing demand in the PC market heading into 2024.

Helmerich & Payne is facing challenges in the oil market due to decreased drilling activity. Despite the tough environment, HP stock has protected its bottom line by focusing on margin protection and maintaining prices. The company's expansion into international markets presents a long-term growth opportunity and could mitigate the effects of domestic market fluctuations.

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like HP, PTEN and SDRL.

Although the revenue and EPS for Helmerich & Payne (HP) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

HP (HPQ) shares advanced after the PC and printer maker reported 2024 earnings guidance in line with estimates and boosted its dividend.

U.S. crude oil prices reach their highest level since November, driven by expectations of tight global supplies. August PPI tops forecasts, up 0.7%; Core PPI in line with a 0.2% rise.