赫尔默里奇&佩恩 2026年季度报告

QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period fromtoCommission file number1-4221 HELMERICH& PAYNE,INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 222 North Detroit Avenue, Tulsa, Oklahoma 74120(Address of principal executive offices) (Zip Code)(918) 742-5531(Registrant’s telephone number, including area code)N/A(Former name, former address and former fiscal year, if changed since last report)Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding12months (or for such shorter period that the Registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90days. Yes☒No☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non‑accelerated filer, a smaller reporting company, or an emerging growthcompany. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule12b‑2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule12b‑2 of the Exchange Act).Yes☐No☒ OUTSTANDING AT JANUARY29, 2026 Common Stock, $0.10 par value PART I. FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS HELMERICH & PAYNE, INC. HELMERICH & PAYNE, INC. The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. HELMERICH & PAYNE, INC.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIALSTATEMENTS NOTE 1 NATURE OF OPERATIONS Helmerich & Payne, Inc. (“H&P,” which, together with its subsidiaries, is identified as the “Company,” “we,” “us,” or “our,” exceptwhere stated or the context requires otherwise) through its operating subsidiaries provides performance-driven drilling solutions andtechnologies that are intended to make hydrocarbon recovery safer and more economical for oil and gas exploration and productioncompanies. Our Segments During the three months ended December 31, 2025, we announced the rebranding of our Kenera business unit to BENTEC™.The BENTEC™ name, already recognized in the market, will now represent all products and services previously associated withKenera and its sub-brands. Our North America Solutions operations are primarily located in Texas, but also traditionally operate in other states, dependingon demand. Our International Solutions operations are conducted in major international oil and gas markets, primarily in the Middle Eastand Latin America. Our Offshore Solutions operations consist of asset-light offshore management contracts and contracted rig platformslocated in U.S. federal waters, the North Sea and Norwegian Sea off the coast of Norway, the Caspian Sea and other internationalwaters. Our "Other" operations is comprised of our BENTEC™ manufacturing and engineering activities, our real estate operations, andour wholly-owned captive insurance companies. Refer to Note 12—Business Segments and Geographic Information for further detailson our reportable segments. NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, RELATED RISKS AND UNCERTAINTIES Interim Financial Information The accompanying Unaudited Condensed Consolidated Financial Statements have been prepared in accordance withaccounting principles generally accepted in the United States (“U.S. GAAP”) and applicable rules and regulations of the Securities andExchange Commission (the “SEC”) pertaining to interim financial information.Accordingly, these interim financial statements do notinclude all information or footnote disclosures required by U.S. GAAP for complete financial statements and, therefore, should be readin conjunction with the Consolidated Financial Statements and notes thereto in our 2025 Annual Report on Form 10-K and other currentfilings with the SEC.In the opinion of management, all adjustments, consisting of those of a normal recurring nature, necessary topresent fairly the results of the periods