Item 7.01 Regulation FD Disclosure.

On March 31, 2020, Helmerich & Payne, Inc. (the "Company") issued a press release announcing updated guidance related to, and actions it has taken in response to, the weakened commodity price environment and broader uncertainties related to COVID-19. Such actions include (i) reaffirming the Company's commitment to paying the previously announced $0.71 per share quarterly dividend on June 1, 2020, to stockholders of record at the close of business on May 11, 2020, (ii) announcing the Company's intention to reduce future quarterly cash dividends to $0.25 per share, (iii) updating guidance for fiscal year 2020 capital expenditures to a range of between $210 and $230 million and (iv) updating guidance for fiscal year 2020 selling, general and administrative costs to approximately $185 million. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

This information is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.




 Item 8.01 Other Events.

On March 31, 2020, the Company announced that it is reaffirming its commitment to paying the previously announced $0.71 per share quarterly dividend on June 1, 2020, to stockholders of record at the close of business May 11, 2020. In addition, as part of its capital allocation update, the Company announced it intends to reduce future quarterly cash dividends to $0.25 per share. The declaration and amount of any future dividends, and any future increase or decrease in such amount, is at the discretion of the Board of Directors of the Company (the "Board") and subject to the Company's financial condition, results of operations, cash flows and other factors the Board deems relevant.

Item 9.01 Financial Statements and Exhibits.






 (d) Exhibits.




Exhibit Number   Description
     99.1          Press release, dated March 31, 2020, issued by the Company.
     104         Cover Page Interactive Data File - the cover page XBRL tags are
                 embedded within the Inline XBRL document.




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