Helmerich & Payne Files 8-K on Governance and Financials
Ticker: HP · Form: 8-K · Filed: Sep 12, 2024 · CIK: 46765
| Field | Detail |
|---|---|
| Company | Helmerich & Payne, INC. (HP) |
| Form Type | 8-K |
| Filed Date | Sep 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, financials, filing
TL;DR
HP filed an 8-K updating bylaws and financials. Standard stuff.
AI Summary
On September 11, 2024, Helmerich & Payne, Inc. filed an 8-K report detailing amendments to its Articles of Incorporation and Bylaws. The company, incorporated in Delaware, also included financial statements and exhibits in its filing. This report serves as a current update on the company's governance and financial documentation.
Why It Matters
This filing provides an update on Helmerich & Payne's corporate governance documents and financial reporting, which are crucial for investors to understand the company's structure and performance.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report detailing amendments to corporate documents and financial statements, with no immediate indication of significant operational or financial distress.
Key Numbers
- 0000046765 — Central Index Key (Unique identifier for Helmerich & Payne, Inc. with the SEC.)
- 001-04221 — SEC File Number (SEC registration number for Helmerich & Payne, Inc.)
Key Players & Entities
- Helmerich & Payne, Inc. (company) — Registrant
- DE (company) — State of Incorporation
- 222 North Detroit Avenue Tulsa, OK 74120 (company) — Principal executive offices address
- September 11, 2024 (date) — Date of earliest event reported
FAQ
What specific amendments were made to Helmerich & Payne's Articles of Incorporation or Bylaws?
The filing indicates amendments were made, but the specific details of these changes are not provided in the summary text of the 8-K.
What is the significance of the 'Financial Statements and Exhibits' included in this filing?
These likely contain updated financial information and supporting documents relevant to the reporting period, providing investors with current financial data.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 11, 2024.
What is Helmerich & Payne, Inc.'s fiscal year end?
Helmerich & Payne, Inc.'s fiscal year ends on September 30.
What is the primary business of Helmerich & Payne, Inc. according to the SIC code?
The Standard Industrial Classification (SIC) code for Helmerich & Payne, Inc. is 1381, which corresponds to Drilling Oil & Gas Wells.
Filing Stats: 661 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2024-09-12 16:22:26
Key Financial Figures
- $0.10 — ange on which registered Common Stock ($0.10 par value) HP NYSE Check the appropri
Filing Documents
- hp-20240911.htm (8-K) — 25KB
- hp-arbyxlawsfinal09112024.htm (EX-3.1) — 239KB
- 0000046765-24-000057.txt ( ) — 436KB
- hp-20240911.xsd (EX-101.SCH) — 2KB
- hp-20240911_lab.xml (EX-101.LAB) — 22KB
- hp-20240911_pre.xml (EX-101.PRE) — 13KB
- hp-20240911_htm.xml (XML) — 3KB
03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR
ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR On September 11, 2024, the Board of Directors (the " Board ") of Helmerich & Payne, Inc. (the " Company ") approved and adopted the Company's Amended and Restated By-Laws (as amended and restated, the " By-Laws "), which became effective the same day. Among other things, the amendments (a) revise the procedural mechanics and disclosure requirements relating to business proposals submitted and director nominations made by stockholders, including by clarifying the parties as to whom disclosure is required, the types of additional information the Company may request about stockholder-proposed nominees and the role of the Board with respect to determining whether such business proposals or nominations were proposed or made in accordance with the By-Laws, and (b) remove the requirement that an incumbent director tender his or her resignation following an uncontested election in which the director did not receive support from a majority of votes cast (which policy is set forth in the Company's Corporate Governance Guidelines). The By-Laws also incorporate various other updates and technical, clarifying and conforming changes, including to reflect that, in the absence of the Chairman of the Board and the Company's Chief Executive Officer, only an officer or director of the Company may be designated as the presiding chair of a stockholders' meeting. The foregoing summary of the amendments to the Company's By-Laws is qualified in all respects by reference to the text of the By-Laws, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit Number DESCRIPTION 3.1 Amended and Restated By-Laws of Helmerich & Payne, Inc. 104 Cover page Interactive Data File - the cover page XBRL tags are embedded within the inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HELMERICH & PAYNE, INC. By: /s/ William H. Gault Name: William H. Gault Title: Date: Corporate Secretary September 12, 2024