Helmerich & Payne, Inc. (HP) Q3 2026 Earnings Call Transcript

Helmerich & Payne, Inc. ( HP ) Q3 2026 Earnings Call August 6, 2026 10:00 AM EDT

Kris Nicol Welcome, everyone to Helmerich & Payne's conference call and webcast for the third fiscal quarter of 2026. On today's call, Frey Adams, our President and CEO, will be joined by Todd Skrugs, our Chief Financial Officer; and Mike Lennox, Executive Vice President of the Western Hemisphere. Before we begin our prepared remarks, I'd like to remind everyone that this call will include forward-looking statements as defined under securities laws. Although management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that the expectations will prove to be correct. Please refer to our filings with the SEC for a list of factors that may cause actual results to differ materially from those in the forward-looking statements made during this call. Adjusted EBITDA, direct margin, adjusted EPS and free cash flow are non-GAAP measures. The most directly comparable GAAP measures and reconciliations are included in our earnings release and investor materials on our Investor Relations website. I also want to highlight that we have a presentation which supports the prepared remarks from the management team and can be