Helmerich & Payne (HP) Stock Price, News & Analysis

Company Overview

Helmerich & Payne, Inc. (NYSE: HP) is a leading provider of contract drilling services for the energy industry, specializing in the design, planning and operation of onshore drilling rigs. The company offers a full range of drilling solutions, including conventional rotary drilling, directional drilling, managed pressure drilling and well-completion services. Through its fleet of advanced land rigs and proprietary technologies, Helmerich & Payne serves exploration and production companies seeking to maximize efficiency, reduce cycle times and optimize well performance.

The company’s rig fleet features its signature FlexRig® platform, designed to deliver higher mobility, greater automation and improved safety in complex drilling environments. Helmerich & Payne also leverages digital monitoring and analytics tools—such as its SmartRig® and ForeSite® systems—to provide real-time data, predictive maintenance insights and remote operations support. These innovations aim to lower nonproductive time and enhance drilling accuracy across a variety of well types, from shallow gas prospects to deep horizontal and multi-fractured wells.

Founded in 1920 and headquartered in Tulsa, Oklahoma, Helmerich & Payne has grown from a regional drilling contractor into a global services provider. The company maintains operations throughout the United States and in key international markets across Latin America, the Middle East, the Asia-Pacific region and North Africa. Its international presence is supported by strategic partnerships and joint ventures that align with local regulations and bolster its ability to deliver turnkey drilling services in diverse geological settings.

Under the leadership of President and Chief Executive Officer John D. Lindsay, Helmerich & Payne emphasizes safety, environmental stewardship and continuous improvement. The company’s board and executive team focus on strategic investments in automation, digitalization and sustainable practices that enhance operational performance and minimize the industry’s environmental footprint. By combining technological innovation with rigorous safety standards, Helmerich & Payne aims to maintain its position as a trusted partner to energy producers worldwide.

Key Stats

• Today's Range: $15.42 to $16.26
• 50-Day Range: $15.20 to $19.26
• 52-Week Range: $14.65 to $42.60
• Volume: 1.67 million shs
• Average Volume: 1.77 million shs
• Market Capitalization: $1.54 billion
• P/E Ratio: 7.10
• Dividend Yield: 6.44%
• Price Target: $23.10
• Consensus Rating: Reduce

Helmerich & Payne Stock Analysis - MarketRank™

Helmerich & Payne scored higher than 96% of companies evaluated by MarketBeat, and ranked 14th out of 258 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Helmerich & Payne has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on 1 buy rating, 9 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Helmerich & Payne has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 6.83%

Earnings Growth

Earnings for Helmerich & Payne are expected to grow by 6.83% in the coming year, from $2.93 to $3.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Helmerich & Payne is 7.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Helmerich & Payne is 7.10, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 67.52.

Price to Book Value per Share Ratio

Helmerich & Payne has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

8.07% of the float of Helmerich & Payne has been sold short.

Short Interest Ratio / Days to Cover

Helmerich & Payne has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Helmerich & Payne has recently decreased by 5.64%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Helmerich & Payne is a leading dividend payer. It pays a dividend yield of 6.25%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Helmerich & Payne does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Helmerich & Payne is 45.66%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Helmerich & Payne will have a dividend payout ratio of 31.95% next year. This indicates that Helmerich & Payne will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -8.40

Percentage of Shares Shorted

8.07% of the float of Helmerich & Payne has been sold short.

Short Interest Ratio / Days to Cover

Helmerich & Payne has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Helmerich & Payne has recently decreased by 5.64%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.63

News Sentiment

Helmerich & Payne has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Helmerich & Payne this week, compared to 7 articles on an average week.

Search Interest

Only 16 people have searched for HP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

12 people have added Helmerich & Payne to their MarketBeat watchlist in the last 30 days. This is an increase of 71% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Helmerich & Payne insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.51% of the stock of Helmerich & Payne is held by insiders.

Percentage Held by Institutions

96.05% of the stock of Helmerich & Payne is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HP Stock Analysis - Frequently Asked Questions

How have HP shares performed this year?

Helmerich & Payne's stock was trading at $32.02 on January 1st, 2025. Since then, HP shares have decreased by 51.5% and is now trading at $15.54.

How were Helmerich & Payne's earnings last quarter?

Helmerich & Payne, Inc. (NYSE:HP) released its earnings results on Wednesday, May, 7th. The oil and gas company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.65 by $0.63. The firm's revenue was up 47.7% compared to the same quarter last year.
Read the conference call transcript.

Who are Helmerich & Payne's major shareholders?

Helmerich & Payne's top institutional investors include Wedge Capital Management L L P NC (0.27%), State of Alaska Department of Revenue (0.06%), Radnor Capital Management LLC (0.04%) and Harbor Capital Advisors Inc. (0.03%). Insiders that own company stock include Hans Helmerich, John W Lindsay, Mark W Smith, Cara M Hair, John R Bell, Raymond John Adams III and Belgacem Chariag.
View institutional ownership trends.

How do I buy shares of Helmerich & Payne?

Shares of HP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Helmerich & Payne own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Helmerich & Payne investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), Chevron (CVX) and Tesla (TSLA).

Company Calendar

• Last Earnings: 5/07/2025
• Record date for 5/30 Dividend: 5/15/2025
• Ex-Dividend for 5/30 Dividend: 5/15/2025
• Dividend Payable: 5/30/2025
• Today: 7/21/2025
• Next Earnings (Estimated): 7/23/2025
• Record date for 8/29 Dividend: 8/15/2025
• Ex-Dividend for 8/29 Dividend: 8/15/2025
• Dividend Payable: 8/29/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL&GAS - DRILL
• Sub-Industry: Oil & Gas Drilling
• Current Symbol: NYSE:HP
• CIK: 46765
• Web: www.hpinc.com
• Phone: 918-742-5531
• Fax: 918-742-0237
• Employees: 6,200
• Year Founded: 1920

Price Target and Rating

• Average Price Target for Helmerich & Payne: $23.10
• High Price Target: $39.00
• Low Price Target: $17.00
• Potential Upside/Downside: +48.6%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.92
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.19
• Trailing P/E Ratio: 7.10
• Forward P/E Ratio: 5.30
• P/E Growth: N/A
• Net Income: $344.17 million
• Net Margins: 7.15%
• Pretax Margin: 11.66%
• Return on Equity: 8.25%
• Return on Assets: 4.16%

Debt

• Debt-to-Equity Ratio: 0.73
• Current Ratio: 1.68
• Quick Ratio: 1.32

Sales & Book Value

• Annual Sales: $3.08 billion
• Price / Sales: 0.50
• Cash Flow: $7.73 per share
• Price / Cash Flow: 2.01
• Book Value: $29.54 per share
• Price / Book: 0.53

Miscellaneous

• Outstanding Shares: 99,420,000
• Free Float: 94,936,000
• Market Cap: $1.54 billion
• Optionable: Optionable
• Beta: 0.82