Helmerich & Payne, Inc. (NYSE:HP) Q3 2024 Earnings and Acquisition of KCA Deutag Call July 25, 2024 11:00 AM ET
Company Participants
Dave Wilson – Vice President-Investor Relations
John Lindsay – President and Chief Executive Officer
Mark Smith – Senior Vice President and Chief Financial Officer
Conference Call Participants
Saurabh Pant – Bank of America Merrill Lynch
Keith MacKey – RBC
David Smith – Pickering Energy Partners
Doug Becker – Capital One
Marc Bianchi – TD Cowen
Operator
Good day, everyone, and welcome to today’s Helmerich & Payne’s Fiscal Third Quarter Earnings and Acquisition of KCA Deutag Call. [Operator Instructions] And as a reminder, today’s call is being recorded.
It is now my pleasure to turn the conference over to Dave Wilson, Vice President, Investor Relations. Please go ahead, sir.
Dave Wilson
Thank you, Connie. And welcome, everyone, to Helmerich & Payne’s conference call and webcast to discuss the acquisition of KCA Deutag and the company’s results for the third fiscal quarter of year 2024.
With us today are John Lindsay, President and CEO; and Mark Smith, Senior Vice President and CFO.
The agenda for our call this morning is as follows: both John and Mark will be sharing some brief comments on the company’s third quarter results and outlook for the fourth quarter; John will then provide an overview of our transaction with KCA Deutag and the significant growth and value creation opportunities that it generates; then Mark will discuss the financial benefits of the acquisition and our deleveraging plan. And then finally, John will conclude our prepared remarks by discussing our approach to integration planning. And then after that, we’ll open the call for questions.
Before we begin our prepared remarks, I’ll remind everyone that this call will include forward-looking statements as defined under the securities laws. Such statements are