H&P

EIC Rose Rock Investment Aims to Utilize AI to Improve Worker Safety

Retrieved on: 
Thursday, March 7, 2024
H&P, Artificial intelligence, EIC, Safety, Organization, Accident, Renewable energy

“We are excited to lead this investment into Safety Radar and continue delivering innovation and value to our corporate partners.

Key Points: 
  • “We are excited to lead this investment into Safety Radar and continue delivering innovation and value to our corporate partners.
  • Garrison Haning, Safety Radar’s CEO, stated, “We are excited to become part of the EIC Rose Rock portfolio.
  • Their investment highlights our shared excitement as Safety Radar’s AI platform aims to keep people safe in a diverse set of industries.
  • "We are excited about Safety Radar’s technology and the potential safety impacts it has for our employees and others working in our industry.”
    Prior to the investment from EIC Rose Rock, Safety Radar was a member of the Rose Rock Bridge start-up incubator and received a $100,000 non-dilutive grant to build the company in Tulsa.

Helmerich & Payne, Inc. Announces Release of its 2023 Sustainability Report

Retrieved on: 
Wednesday, December 13, 2023
Environmental Policy, Professional Services, Environmental Issues, Environmental Health, Environmental, Social and Governance (ESG), DEI (Diversity, Equity and Inclusion), Green Technology, Oil, Gas, Environment, Energy, Sustainability, Sustainability reporting, Safety, NYSE, Sustainability accounting, TCFD, Plan, Greenhouse gas, Sustainability Accounting Standards Board, Climate, Task force, HP, GRI, Helmerich & Payne, H&P

Helmerich & Payne, Inc. (NYSE:HP) (H&P or the Company) today announced that it has released its 2023 Sustainability Report outlining the Company’s sustainability efforts and performance for its fiscal year ended September 30, 2023.

Key Points: 
  • Helmerich & Payne, Inc. (NYSE:HP) (H&P or the Company) today announced that it has released its 2023 Sustainability Report outlining the Company’s sustainability efforts and performance for its fiscal year ended September 30, 2023.
  • President and CEO John Lindsay commented, “I am pleased to share H&P’s third annual Sustainability Report with our stakeholders.
  • In fiscal 2023, in addition to achieving financial successes, we also recognized non-financial achievements which are highlighted in the report.
  • A copy of H&P’s 2023 Sustainability Report and related performance data can be downloaded here .

Sevaro Health Releases Synapse 2.0 With Nirvana Notes, An Intelligent Documentation Application For Teleneurology

Retrieved on: 
Thursday, November 9, 2023
Documentation, Web browser, Burnout, H&P, Neurology, Java Advanced Imaging, Health, Software, Telehealth, EMR, Overalls, Synapse, Fatigue, Medical imaging, Nuance

EAST BRUNSWICK, N.J., Nov. 9, 2023 /PRNewswire/ -- Sevaro Health, a teleneurology and medical technology company, is announces the release of Nirvana Notes, an intuitive, and thoughtful teleneurology documentation app designed by neurologists for neurologists who practice teleneurology.

Key Points: 
  • EAST BRUNSWICK, N.J., Nov. 9, 2023 /PRNewswire/ -- Sevaro Health, a teleneurology and medical technology company, is announces the release of Nirvana Notes, an intuitive, and thoughtful teleneurology documentation app designed by neurologists for neurologists who practice teleneurology.
  • Synapse 2.0 is accessible via mobile app or web browser, and allows for  consistent documentation of a H&P, imaging review and consultation note within minutes.
  • "After a physician uses it, it is clear that Nirvana Notes is the future of documentation in telemedicine," said Dr. Sama Saha, Vascular Neurologist at Sevaro.
  • With Synapse 2.0, Nirvana Notes and Premium Analytics a health system can launch a telestroke program and connect to each spoke and still allow each site to use their own EMR, televideo application and Advanced Imaging.

Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results

Retrieved on: 
Wednesday, November 8, 2023
Oil, Gas, Energy, Average cost, HP, Weather, Optimism, H&P, NYSE, Event, Public expenditure, Maintenance, Internet, Senior, Growth, Webcast, Running, CFO, Hand, Helmerich & Payne, Investment, David Wilson, Video game, Security (finance), Cryptocurrency, Bookkeeping

For the fourth quarter of fiscal year 2023, select items(2) were comprised of:

Key Points: 
  • For the fourth quarter of fiscal year 2023, select items(2) were comprised of:
    Net cash provided by operating activities was $215 million for the fourth quarter of fiscal year 2023 compared to $293 million for the third quarter of fiscal year 2023.
  • Net cash provided by operating activities was $834 million in fiscal year 2023 compared to $234 million in fiscal year 2022.
  • Moving into the fiscal 2024 first quarter, the contractual churn is higher than expected, which has had two distinct effects.
  • Current quarter results included a $4.6 million foreign currency loss compared to a $1.5 million foreign currency loss in the previous quarter.

Falcon Oil & Gas Ltd. - Operational Update including the Successful Drilling of Amungee NW 3H Horizontal Well

Retrieved on: 
Monday, October 16, 2023
HP, FOG, NYSE, Cavendish, Technische Universität Darmstadt, Amungee Mungee, H&P, Beetaloo, Falcon, Helmerich, IP30, AIM, Helmerich & Payne, TD, Oil

16 October 2023 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that drilling operations on the Amungee NW 3H (“A3H”) well in EP98 have been successfully completed with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited.

Key Points: 
  • 16 October 2023 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that drilling operations on the Amungee NW 3H (“A3H”) well in EP98 have been successfully completed with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited.
  • Details of operations are as follows:
    The A3H well was drilled, cased and cemented to a total measured depth (“TD”) of 3,837 metres, including a horizontal section of 1,100 metres in the Amungee Member B-shale.
  • The well intersected the Amungee Member B-shale at a total vertical depth (“TVD”) of 2,272 metres and encountered significant gas shows, in line with pre-drill expectations.
  • Falcon is pleased to announce the appointment of Tennyson Securities as joint broker, alongside Cavendish Securities Plc (“Cavendish”) Falcon’s current broker.

EIC Rose Rock Adds Helmerich & Payne to Corporate Investor Roster

Retrieved on: 
Thursday, September 7, 2023
TIL, H&P, ONEOK, OKE, DVN, Investment, Devon Energy, Helmerich & Payne, EIC, HP, Big, VC, NYSE, WMB, Renewable energy, Desert rose (crystal)

TULSA, Okla., Sept. 07, 2023 (GLOBE NEWSWIRE) -- EIC Rose Rock, an early-stage VC fund focused on energy technologies, today announced leading energy drilling solutions provider Helmerich & Payne (NYSE: HP) is the newest corporate investor partner participating in its platform.

Key Points: 
  • TULSA, Okla., Sept. 07, 2023 (GLOBE NEWSWIRE) -- EIC Rose Rock, an early-stage VC fund focused on energy technologies, today announced leading energy drilling solutions provider Helmerich & Payne (NYSE: HP) is the newest corporate investor partner participating in its platform.
  • “The EIC Rose Rock team has established a proven track record of helping to build energy tech startups,” said David Clouse, managing director, EIC Rose Rock.
  • EIC Rose Rock, a targeted $50 million fund that provides seed through Series A funding to emerging energy startups.
  • EIC Fusion, which aligns EIC Rose Rock portfolio companies’ technologies with the innovation agendas of supermajors and large energy companies to accelerate the commercialization and adoption of new technologies while supporting R&D needs.

Helmerich & Payne, Inc. Announces Fiscal Third Quarter Results

Retrieved on: 
Wednesday, July 26, 2023
Oil, Gas, Energy, Uncertainty, Helmerich & Payne, Optimism, Senior, Event, H&P, NAS, Calendar, Attitude, Sale, Internet, Investment, Webcast, CFO, HP, NYSE, Economics, Tourism, Security (finance)

President and CEO John Lindsay commented, "H&P's financial results for the third fiscal quarter were significant for a few reasons.

Key Points: 
  • President and CEO John Lindsay commented, "H&P's financial results for the third fiscal quarter were significant for a few reasons.
  • Finally, the results reflect a behavioral change that has transpired broadly within the energy industry, and is guided by fiscal prudence and capital allocation.
  • In addition to the planned base and supplemental dividends during the third fiscal quarter, we continued to opportunistically repurchase shares.
  • Direct margin(2) during the third fiscal quarter was $3.3 million compared to $8.6 million during the previous quarter.

Helmerich & Payne, Inc. Announces Fiscal Second Quarter Results

Retrieved on: 
Wednesday, April 26, 2023
Other Natural Resources, Other Energy, Mining, Minerals, Oil, Gas, Energy, Natural Resources, Helmerich & Payne, Senior, Event, H&P, NAS, Anxiety, Calendar, David Wilson, Internet, Natural gas, Expandable tubular technology, Webcast, CFO, HP, NYSE, Economics, Airline, Shipbuilding, Security (finance), Risk management, Video game

For the second quarter of fiscal year 2023, select items were comprised of:

Key Points: 
  • For the second quarter of fiscal year 2023, select items were comprised of:
    Net cash provided by operating activities was $141 million for the second quarter of fiscal year 2023, which included $114 million in tax payments compared to net cash provided by operating activities of $185 million for the first quarter of fiscal year 2023, which included $22 million in net tax refunds.
  • Quarterly operating results were impacted by the costs associated with reactivating rigs; $5.2 million in the second fiscal quarter compared to $8.6 million in the previous quarter.
  • Direct margins(2) during the second fiscal quarter were $8.6 million compared to $13.8 million during the previous quarter.
  • Direct margins(2) for the quarter were $9.3 million compared to $9.5 million in the prior quarter.

PureRED, Haddad & Partners Merge to Deliver Robust Creative Offering to Clients

Retrieved on: 
Wednesday, March 1, 2023
TD, Toronto-Dominion Bank, Charter, H&P, Partnership, Kroger, Rite Aid, New Jersey Lottery, Haddad, Growth, Edith Abigail Purer, Eye, Microsoft, Animation, Sales, Sanofi

FAIRFIELD, Conn., March 1, 2023 /PRNewswire/ -- Today, leading marketing, data, and technology partner PureRED and global creative agency Haddad & Partners ("H&P") announced that effective immediately, the companies will merge to form a larger, more comprehensive offering. PureRED CEO Brian Cohen will oversee the newly formed company, with H&P Founder and Chief Creative Officer DJ Haddad remaining in his current role to oversee legacy H&P clients.

Key Points: 
  • PureRED CEO Brian Cohen will oversee the newly formed company, with H&P Founder and Chief Creative Officer DJ Haddad remaining in his current role to oversee legacy H&P clients.
  • The combined leadership team aligns under a centralized P&L delivering a broader suite of integrated and strategic solutions for clients.
  • The newly combined network of over 600 employees offers clients robust strategy, creative, and veteran expertise with a deeper integrated marketing service, technology, and creative offerings.
  • Building on PureRED's corporate growth strategy, this merger elevates PureRED's creative and digital capabilities for current and future clients.

Helmerich & Payne, Inc. Announces Fiscal First Quarter Results

Retrieved on: 
Monday, January 30, 2023
Other Natural Resources, Other Energy, Mining, Minerals, Oil, Gas, Energy, Natural Resources, CFO, Helmerich & Payne, David Wilson, Event, HP, NYSE, Economics, Maintenance, Internet, Webcast, Senior, H&P, Growth, Calendar, NAS, Walking, Video game, Management, Shipbuilding

The net income per diluted share for first quarter of fiscal 2023 and fourth quarter of fiscal year 2022 include $(0.20) and $(0.03) of after-tax losses, respectively, comprised of select items(1).

Key Points: 
  • The net income per diluted share for first quarter of fiscal 2023 and fourth quarter of fiscal year 2022 include $(0.20) and $(0.03) of after-tax losses, respectively, comprised of select items(1).
  • For the first quarter of fiscal year 2023, select items were comprised of:
    Net cash provided by operating activities was $185 million for the first quarter of fiscal year 2023 compared to $117 million for the fourth quarter of fiscal year 2022.
  • Our first fiscal quarter results of 2023 show another strong sequential improvement in our financial performance and the continuation of momentum established in fiscal 2022.
  • Quarterly operating results were impacted by the costs associated with reactivating rigs; $8.6 million in the first fiscal quarter compared to $7.5 million in the previous quarter.