Q4 2024 Helmerich and Payne Inc Earnings Call

In This Article:

Participants

Dave Wilson; Vice President, Investor Relations; Helmerich and Payne Inc

John Lindsay; President, Chief Executive Officer, Director; Helmerich and Payne Inc

Kevin Vann; Senior Vice President and Chief Financial Officer; Helmerich and Payne Inc

Arun Jayaram; Analyst; JPMorgan Chase & Co

Eddie Kim; Analyst; Barclays plc

Doug Becker; Analyst; Capital One Securities Inc

Scott Gruber; Analyst; Citigroup Inc

Jeff LeBlanc; Analyst; Tudor Pickering Holt & Co LLC

Kurt Hallead; Analyst; Benchmark Capital

Tom Curran; Analyst; Seaport Global

Presentation

Operator

Good day and welcome to Helmerich & Payne's fiscal fourth-quarter earnings call.
(Operator Instructions)
Please note today's call will be recorded.
It is now my pleasure to turn the call over to Dave Wilson. Please go ahead.

Dave Wilson

Thank you, Todd and welcome everyone to Helmerich & Payne's conference call and webcast for the fourth-quarter and full fiscal year of 2024.
With us today are John Lindsay, President and CEO; and Kevin Vann, Senior Vice President and CFO.
Both John and Kevin will be sharing comments with us after which we'll open the call for questions.
Before we begin our prepared remarks, I will remind everyone that this call will include forward-looking statements as defined under the securities laws. Such statements are based on current information and management's expectations as of this date and are not guarantees of future performance. Forward-looking statements involve certain risks, uncertainties and assumptions that are difficult to predict. As such, our actual outcomes and results could differ materially. You can learn more about these risks in our Annual Report on Form 10-K, our quarterly reports on Form 10-Q and our other SEC filings. You should not place undue reliance on forward-looking statements, and we undertake no obligation to publicly update these forward-looking statements.
We will also make reference to certain non-GAAP financial measures such as segment operating income, direct margin and other operating statistics. You'll find the GAAP reconciliation comments and calculations in yesterday's press release.
Finally, as you'll hear probably a couple of times on this call, unless expressly identified otherwise, statements made during this call relate to H&P on a standalone basis and do not include any amounts or guidance related to KCA Deutag or on a combined enterprise basis resulting from the pending KCA acquisition.
With that said, I'll turn the call over to John Lindsay.

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