On January 31, Helmerich & Payne, Inc. released its first-quarter results for fiscal year 2022.
Highlights include:
- H&P's North America Solutions segment exited the first quarter of fiscal year 2022 with 154 active rigs, up over 20% during the quarter
- In December 2021, the Board of Directors declared a quarterly cash dividend of $0.25 per share, payable on February 28, 2022 to stockholders of record at the close of business on February 11, 2022
- In October 2021, H&P redeemed all of its outstanding 2025 Notes, which resulted in a make-whole premium and write-off of unamortized discount and debt issuance costs of approximately $60 million
- In December 2021, H&P published its inaugural sustainability report