Helmerich & Payne raises CEO pay as Helmerich & Payne stock trades at EUR 33.10
Published on 10/01/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Helmerich & Payne (US4234521015) was trading at EUR 33.10 at Lang & Schwarz on October 1, 2026 at 1:46 p.m. CEST, up 0.98 percent from EUR 32.78. The company raised CEO Raymond John Adams III's annual base salary to USD 1.00 million effective October 1, 2026, according to StockTitan in a September 22, 2026 filing summary.
CEO pay sets fiscal 2027 terms
Adams's fiscal 2027 target bonus is 130.00 percent of base salary, while his long-term equity incentive target is 500.00 percent, the same StockTitan summary reports. CFO Todd Scruggs' base salary rises to USD 570,000, with a target bonus equal to 100.00 percent of base salary.
The compensation changes arrive as the drilling contractor manages a mixed operating picture. They also mark the first day of the company's fiscal 2027 pay framework, giving investors a dated reference for management incentives.
Revenue climbs between fiscal quarters
Helmerich & Payne reported fiscal third-quarter 2026 revenue of USD 1.03 billion and net income of USD 78.16 million, or USD 0.74 diluted earnings per share, according to StockTitan. Revenue was USD 932.36 million in fiscal second quarter 2026, making the sequential increase 10.98 percent.
Adjusted results were weaker: the company recorded an adjusted net loss of USD 10.00 million, or USD 0.11 per share, in fiscal third quarter 2026. Management's fourth-quarter outlook calls for North America Solutions direct margin of USD 245 million to USD 255 million and 145 to 151 average rigs.
RBC target moves to USD 49
RBC raised its Helmerich & Payne price target from USD 44.00 to USD 49.00 on September 10, 2026, while keeping a Sector Perform rating, as MarketScreener reported. The target change adds a separate valuation reference, but it is denominated in USD and is not combined with the Lang & Schwarz euro quote.
Next report date is November 18
Helmerich & Payne's next earnings report is scheduled for November 18, 2026, according to Investing.com. The stock's 52-week range is USD 21.73 to USD 48.17, while market capitalization is USD 3.7 billion as of September 30, 2026.
Helmerich & Payne stock facts
- Company: Helmerich & Payne, Inc.
- ISIN: US4234521015
- Ticker: HP
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 1, 2026, 1:46 p.m. CEST: EUR 33.10
- Change versus prior close: plus 0.98 percent
- Prior close Lang & Schwarz September 30, 2026: EUR 32.78
- Market capitalization: USD 3.7 billion as of September 30, 2026
- 52-week range: USD 21.73-48.17 as of September 30, 2026
- Sector / Industry: Energy / Oil and Gas Drilling
- Next earnings date: November 18, 2026
