Helmerich & Payne (HP) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- -$0.11
- Estimate
- $0.10
- Surprise
- -210.5%
- Score today
- 5.1/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Helmerich & Payne (HP) reported a wider loss than forecast — diluted EPS of -$0.11 against the $0.10 estimate (a 210.5% shortfall).
Where TrendMatrix's rating stands now
TrendMatrix currently rates HP Sell at 5.1/10; no pre/post engine snapshot brackets this report.
0 of the last 4 quarters beat the estimate; this quarter's -210.5% surprise compares with a -349.2% four-quarter average. Next scheduled report: 2026-11-16.
What argues against it
- Concentration risk — Geographic: North America Solutions (63.0%)
- Target reached (-11.3% upside)
- Quality below floor (3.0 < 4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $43.55
- Price target
- $50.08
- Stop
- $40.50
- Upside to target
- +15.0%
Risk check: RSI 83 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.
HP at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Drilling
- Market cap
- $4.35B
- P/E (fwd)
- 28.8
- 52-week range
- $18.48–$45.00
- Off 52-week high
- 3.2%
- RSI (14)
- 83
- Volume vs avg
- 0.70×
- Score today
- 5.1/10