Helmerich & Payne, Inc (HP), an oil and gas drilling company said third quarter revenues rose 26% to $483.4 million from $384.4 million a year ago. Net loss in the quarter was $36.7 million or 34 cents per diluted share compared to net income of $53 million or 50 cents per share a year ago.

Helmerich & Payne, Inc, in the last one year traded as high as $49.13 in January 2010 and as low as $31.37 in August 2009. Based on the yesterday’s closing price of $40.44 the company has market cap of $4.28 billion.