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Helmerich & Payne HP North America Solutions — Restructuring Charges
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Where this comes from
Reported directly by Helmerich & Payne in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
The source filing: Helmerich & Payne’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:16 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000046765-26-000042
| (in thousands) | North America Solutions | International Solutions | Offshore Solutions | Total |
|---|---|---|---|---|
| Selling, general and administrative costs | 11,282 | 9,097 | 1,337 | 21,716 |
| Acquisition transaction and integration costs | — | 186 | — | 186 |
| Asset impairment charge | — | 1,153 | — | 1,153 |
| Restructuring charges | 393 | 498 | 58 | 949 |
| Segment operating income (loss) | 140,312 | (54,428) | 16,800 | 102,684 |
| Reconciliation of segment operating income (loss): | ||||
| All other operating income | 1,344 | |||
| Elimination of intersegment income | 1,528 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Helmerich & Payne's north america solutions — restructuring charges?
- Helmerich & Payne (HP) reported north america solutions — restructuring charges of $393K in Q2 2026.
- How has Helmerich & Payne's north america solutions — restructuring charges changed year-over-year?
- Helmerich & Payne's north america solutions — restructuring charges decreased by 78.7% year-over-year, from $1.85M to $393K.
- What does north america solutions — restructuring charges mean?
- This metric captures costs related to organizational changes, such as workforce reductions or facility consolidations, within the North America segment. It provides insight into management's efforts to optimize the cost structure in response to shifting market demand for drilling services.
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