Helmerich & Payne plans proactive engagement at investor conferences in March

On March 17, 2025, Helmerich & Payne, Inc., based in Tulsa, Oklahoma, announced its management team's participation in a series of investor conferences throughout March 2025. John Lindsay, the company's President and CEO, alongside other executives, aims to engage with investors and shareholders, highlighting the company's developments and strategies during these important gatherings. Notably, the Piper Sandler 25th Annual Energy Conference is scheduled for March 18-19, where Lindsay will join a panel discussion on March 19 at 10:45 a.m. US PT. Additionally, another event is the NYSE Energy & Utilities Virtual Investor Access Day, which takes place on March 20, 2025. The announcement comes in the wake of the company's recent earnings release on February 5, 2025, which addressed financial performance and ongoing market challenges. Following this release, Helmerich & Payne disclosed yet another setback, reporting notices of contract suspensions for two additional rigs from its legacy KCA Deutag fleet in Saudi Arabia. These decisions bring the total number of suspended rigs in the country to 14. President and CEO John Lindsay acknowledged the disappointment associated with these new suspensions, although he emphasized that they are not expected to have a significant adverse impact on the company's overall financial condition. Despite these hurdles, Lindsay expressed a positive outlook on the long-term strategic potential of maintaining a sizable drilling presence in the region. He reiterated the company's proactive approach toward pursuing cost synergies as discussed during the February earnings call. The strategy reflects Helmerich & Payne's commitment to navigating the volatile energy market while still focusing on innovations in drilling technology and operational efficiency. As the investor conferences approach, the management team aims to reassure investors of their dedication to the company’s growth and resilience. Helmerich & Payne, a leader in high-performance drilling solutions worldwide, continues to prioritize safety, integrity, and innovation in operations. These conferences will be a key opportunity to engage with stakeholders and outline the company’s future plans and expected benefits from strategic decisions amid industry challenges, showing a commitment to transparency and shareholder value.