Exhibit 99

HELMERICH & PAYNE, INC. / 1437 SOUTH BOULDER AVENUE / TULSA, OKLAHOMA

July 30, 2015

HELMERICH & PAYNE, INC. ANNOUNCES THIRD QUARTER RESULTS

Helmerich & Payne, Inc. (NYSE: HP) reported net income of $91 million ($0.83 per diluted share) from operating revenues of $660 million for the third fiscal quarter of 2015, compared to net income of $192 million ($1.75 per diluted share) from operating revenues of $952 million during the third quarter of fiscal 2014, and net income of $150 million ($1.37 per diluted share) from operating revenues of $883 million during the second quarter of fiscal 2015.  Included in net income per diluted share corresponding to this year’s third fiscal quarter are approximately $0.55 of after-tax gains from long-term contract early termination compensation from customers (which favorably impacted net income by approximately $60 million) and $0.01 of after-tax gains related to the sale of used drilling equipment.  Included in net income per diluted share corresponding to last year’s third fiscal quarter are approximately $0.13 of after-tax gains on the sale of investment securities and $0.01 of after-tax gains related to the sale of used drilling equipment. Included in net income per diluted share corresponding to this year’s second fiscal quarter are approximately $0.44 of after-tax gains from long-term contract early termination compensation from customers, $0.02 of after-tax gains related to the sale of used drilling equipment, and $0.05 of after-tax losses from abandonment charges.

President and CEO John Lindsay commented, “The industry has endured an unprecedented rig count decline, and yet we believe that the Company remains well positioned.  Long-term contracts continue to protect our investments, the balance sheet is in great shape, our customer base remains strong, and our competitive advantages have positioned us very well to manage through this cycle and to capture opportunities when they emerge.

“The industry is faced with a global oversupply of oil, as well as other macroeconomic headwinds to a strengthening oil price.  A significant difference today, compared to previous down-cycles, is that the U.S. may be positioned to become a global swing producer.  In such an environment, the energy services landscape would most probably become increasingly competitive, with even greater pressure to reduce well costs, enhance productivity and add value for customers. H&P’s long-term strategy has delivered a track record of innovation and value creation.  We remain committed to this endeavor and look forward to opportunities ahead.”

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July 30, 2015

Operating Segment Results

Segment operating income for the Company’s U.S. land operations was $122 million for the third quarter of fiscal 2015, compared with $271 million for last year’s third fiscal quarter and $225 million for this year’s second fiscal quarter.  As compared to the second quarter of fiscal 2015, segment operating income decreased primarily as a result of significantly lower levels of quarterly activity.  The number of quarterly revenue days decreased sequentially by approximately 32% to 14,219 days.  Excluding the impact of $3,413 and $5,325 per day corresponding to revenues from early contract terminations during this year’s second and third fiscal quarters, respectively, the average rig revenue per day decreased sequentially by $941 to $26,634, and the average rig margin per day decreased sequentially by $1,676 to $12,504.  The average rig expense per day increased sequentially by $735 to $14,130.  Rig utilization for the segment was 47% for this year’s third fiscal quarter, compared with 88% and 68% for last year’s third fiscal quarter and this year’s second fiscal quarter, respectively.  At June 30, 2015, the Company’s U.S. land segment had approximately 153 contracted rigs generating revenue (including 123 under long-term contracts) and 188 idle rigs (including 181 AC drive FlexRigs®*).

Segment operating income for the Company’s offshore operations was $14.7 million for the third quarter of fiscal 2015, compared with $17.0 million for last year’s third fiscal quarter and $19.1 million for this year’s second fiscal quarter.  The sequential decrease in operating income was attributable to a decline in the average rig margin per day and a decline in quarterly revenue days.  The average rig margin per day decreased from $18,671 to $14,265, and quarterly revenue days decreased by approximately 8% to 728 days.

The Company’s international land operations reported segment operating income of $16.7 million for this year’s third fiscal quarter, compared with $6.6 million for last year’s third fiscal quarter and $6.3 million for this year’s second fiscal quarter.  The sequential increase in operating income was attributable to higher early termination revenues earned during the third quarter of fiscal 2015, an increase in the average rig margin per day and an increase in quarterly revenue days.  Excluding the impact of $373 and $4,658 per day corresponding to revenues from early contract terminations during this year’s second and third fiscal quarters, respectively, the average rig margin per day increased sequentially from $10,524 to $13,086.  The number of quarterly revenue days increased sequentially by approximately 2% to 1,887 days.

Drilling Operations Outlook for the Fourth Quarter of Fiscal 2015

In the U.S. land segment, the Company expects revenue days (activity) to decrease by roughly three to four percent during the fourth fiscal quarter as compared to the third fiscal quarter of 2015.  Excluding the impact from early termination revenue during the fourth quarter of fiscal 2015, the average rig revenue per day is expected to decrease to roughly $26,000, and the corresponding average rig expense per day is expected to decrease to roughly $13,900.  As of today, the U.S. land segment has approximately 156 contracted rigs that are generating revenue (including 124 under term contracts) and 186 idle rigs (including 179 AC drive FlexRigs).

In the offshore segment, the Company expects the average rig margin per day to be approximately $10,500 during the fourth fiscal quarter and revenue days to be roughly flat as compared to the third quarter of fiscal 2015.

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In the international land segment, the Company expects revenue days during the fourth fiscal quarter to be sequentially down by 10% to 15%.  Excluding the impact from early termination revenue and also as compared to the third quarter of fiscal 2015, the average rig margin per day is expected to decline by approximately 30% to 35%.

Capital Expenditures and Other Estimates for Fiscal 2015

The Company continues to expect a total of approximately $1.3 billion in capital expenditures during all of fiscal 2015.  Depreciation expense is now expected to be approximately $580 million, and general and administrative expenses are now expected to be approximately $130 million for fiscal 2015.  Furthermore, the Company expects an effective income tax rate of approximately 34% for the fourth quarter of fiscal 2015.

About Helmerich & Payne, Inc.

Helmerich & Payne, Inc. is primarily a contract drilling company.  As of July 30, 2015, the Company’s existing fleet includes 342 land rigs in the U.S., 40 international land rigs, and 9 offshore platform rigs.  In addition, the Company is scheduled to complete another 12 new H&P-designed and operated FlexRigs, all under long-term contracts with customers.  Upon completion of these commitments, the Company’s global fleet is expected to have a total of 394 land rigs, including 373 AC drive FlexRigs.

Forward-Looking Statements

This release includes “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, and such statements are based on current expectations and assumptions that are subject to risks and uncertainties.  All statements other than statements of historical facts included in this release, including, without limitation, statements regarding the registrant’s future financial position, operations outlook, business strategy, budgets, projected costs and plans and objectives of management for future operations, are forward-looking statements.  For information regarding risks and uncertainties associated with the Company’s business, please refer to the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s SEC filings, including but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q.  As a result of these factors, Helmerich & Payne, Inc.’s actual results may differ materially from those indicated or implied by such forward-looking statements.  We undertake no duty to update or revise our forward-looking statements based on changes in internal estimates, expectations or otherwise, except as required by law.

*FlexRig® is a registered trademark of Helmerich & Payne, Inc.

Contact:

Investor Relations

investor.relations@hpinc.com

(918) 588-5190

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July 30, 2015

HELMERICH & PAYNE, INC.

Unaudited

(in thousands, except per share data)

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July 30, 2015

HELMERICH & PAYNE, INC.

Unaudited

(in thousands, except per share data)

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July 30, 2015

HELMERICH & PAYNE, INC.

Unaudited

(in thousands)

* The September 30, 2014 balance sheet has been restated due to the adoption of Accounting Standards Update No. 2015-03 applied retrospectively.

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July 30, 2015

HELMERICH & PAYNE, INC.

Unaudited

(in thousands)

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July 30, 2015

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Operating statistics exclude the effects of offshore platform management contracts, gains and losses from translation of foreign currency transactions, and do not include reimbursements of “out-of-pocket” expenses in revenue per day, expense per day and margin calculations.

Reimbursed amounts were as follows:

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Segment operating income for all segments is a non-GAAP financial measure of the Company’s performance, as it excludes general and administrative expenses, corporate depreciation, income from asset sales and other corporate income and expense.  The Company considers segment operating income to be an important supplemental measure of operating performance for presenting trends in the Company’s core businesses.  This measure is used by the Company to facilitate period-to-period comparisons in operating performance of the Company’s reportable segments in the aggregate by eliminating items that affect comparability between periods.  The Company believes that segment operating income is useful to investors because it provides a means to evaluate the operating performance of the segments and the Company on an ongoing basis using criteria that are used by our internal decision makers.  Additionally, it highlights operating trends and aids analytical comparisons.  However, segment operating income has limitations and should not be used as an alternative to operating income or loss, a performance measure determined in accordance with GAAP, as it excludes certain costs that may affect the Company’s operating performance in future periods.

The following table reconciles operating income per the information above to income from continuing operations before income taxes as reported on the Consolidated Statements of Income (in thousands).

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