Helmerich & Payne Files 8-K for Regulation FD Disclosure
Ticker: HP · Form: 8-K · Filed: Dec 23, 2024 · CIK: 46765
| Field | Detail |
|---|---|
| Company | Helmerich & Payne, INC. (HP) |
| Form Type | 8-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulation-fd, disclosure
Related Tickers: HP
TL;DR
HP filed an 8-K for Reg FD. No major news, just compliance.
AI Summary
On December 20, 2024, Helmerich & Payne, Inc. (HP) filed an 8-K report. The filing primarily serves as a notification of a Regulation FD Disclosure, indicating that the company has made material information available to the public. No specific financial transactions or operational updates were detailed in the provided excerpt.
Why It Matters
This filing ensures compliance with fair disclosure regulations, informing the public about material information released by Helmerich & Payne.
Risk Assessment
Risk Level: low — The filing is a standard regulatory disclosure and does not contain information that inherently increases risk.
Key Players & Entities
- Helmerich & Payne, Inc. (company) — Registrant
- HP (company) — Ticker symbol for Helmerich & Payne, Inc.
- December 20, 2024 (date) — Date of earliest event reported
- December 23, 2024 (date) — Filing date
FAQ
What is the primary purpose of this 8-K filing by Helmerich & Payne, Inc.?
The primary purpose of this 8-K filing is to serve as a Regulation FD Disclosure, indicating that the company has made material information available to the public.
On what date was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is December 20, 2024.
What is the trading symbol for Helmerich & Payne, Inc.'s common stock?
The trading symbol for Helmerich & Payne, Inc.'s common stock is HP.
On which stock exchange is Helmerich & Payne, Inc.'s common stock registered?
Helmerich & Payne, Inc.'s common stock is registered on the NYSE.
What is the par value of Helmerich & Payne, Inc.'s common stock?
The par value of Helmerich & Payne, Inc.'s common stock is $0.10.
Filing Stats: 644 words · 3 min read · ~2 pages · Grade level 12.7 · Accepted 2024-12-23 06:47:33
Key Financial Figures
- $0.10 — ange on which registered Common Stock ($0.10 par value) HP NYSE Check the appropri
Filing Documents
- hp-20241220.htm (8-K) — 22KB
- 0000046765-24-000083.txt ( ) — 169KB
- hp-20241220.xsd (EX-101.SCH) — 2KB
- hp-20241220_def.xml (EX-101.DEF) — 7KB
- hp-20241220_lab.xml (EX-101.LAB) — 27KB
- hp-20241220_pre.xml (EX-101.PRE) — 18KB
- hp-20241220_htm.xml (XML) — 3KB
01 REGULATION FD DISCLOSURE
ITEM 7.01 REGULATION FD DISCLOSURE As previously disclosed, on July 25, 2024, Helmerich & Payne, Inc., a Delaware corporation (the "Company"), entered into a Sale and Purchase Agreement (the "Purchase Agreement"), among the Majority Sellers named therein (the "Majority Sellers"), the Management Seller named therein, Ocorian Limited, a private company limited by shares incorporated in Jersey (the "Trustee"), HP Global Holdings Limited, a private company limited by shares incorporated in Jersey and a wholly owned subsidiary of the Company (the "Purchaser"), and, for certain purposes set forth therein, KCA Deutag International Limited, a private company limited by shares incorporated in Jersey ("KCA Deutag"), which provides for the acquisition of KCA Deutag by the Purchaser. On December 20, 2024, the Company, the Majority Sellers, the Trustee, the Purchaser and KCA Deutag entered into a Deed of Amendment to the Purchase Agreement (the "Deed of Amendment"). The Deed of Amendment serves to vary the terms of the Purchase Agreement to provide, among other things, that the consummation of the transactions contemplated by the Purchase Agreement would occur no earlier than January 15, 2025. The Company expects to consummate the transactions contemplated by the Purchase Agreement in January 2025, subject to regulatory approvals and other customary closing conditions. The information in this Item 7.01 of this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused