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Helmerich and Payne inc   (HP)
 

has Turned into Profitability at the in the fiscal period ending June 30 2022

HP delivered third quarter of 2022 operating surplus of $33.722 millions


Published Jul 28 2022
CSIMarket Team / CSIMarket.com


oil_Plataform_By_aherrero_(La_Gaviota_Uploaded_by_ecemaml)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the fiscal period ending June 30 2022 HP had turn a round to profitability by exhibiting earnings per share of $0.16 per share compare to $-0.52 a year before and net profit per share turned positive from $-0.05 per share from the previous reporting period.

Revenues rose strongly by 65.627 % to $550.23 millions from $332.21 millions in the corresponding reporting period a year before and sequentially Revenues improved by 17.672 % from $467.60 millions.




have recorded net earnings of $17.752 millions in the fiscal period ending June 30 2022 an improvement versus a net deficit of $-55.555 millions in the corresponding reporting period a year ago. Helmerich And Payne Inc also emphasized it's improving profit margins, where net margin rose to 3.23% in fiscal period ending June 30 2022, and operating margin edged up to 6.13%.


Helmerich And Payne Inc is expected to report next financial recent numbers on April 26, 2023.



Helmerich And Payne Inc's Price to Cash Flow ratio

Helmerich And Payne Inc's Net Income Growth



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