Helmerich & Payne (HP) to Release Quarterly Earnings on Wednesday

Helmerich & Payne (NYSE:HP - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.72 per share and revenue of $961.03 million for the quarter.

Helmerich & Payne (NYSE:HP - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The oil and gas company reported $0.71 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.02. Helmerich & Payne had a return on equity of 11.31% and a net margin of 11.02%. On average, analysts expect Helmerich & Payne to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Helmerich & Payne Stock Up 0.1 %

Shares of Helmerich & Payne stock opened at $19.84 on Wednesday. Helmerich & Payne has a one year low of $17.82 and a one year high of $42.60. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.81 and a quick ratio of 2.52. The stock's 50-day moving average is $23.33 and its 200 day moving average is $29.70. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 6.53, a PEG ratio of 3.52 and a beta of 1.00.

Helmerich & Payne Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.00 annualized dividend and a dividend yield of 5.04%. Helmerich & Payne's payout ratio is 32.89%.

Insider Transactions at Helmerich & Payne

In related news, CEO John W. Lindsay purchased 20,000 shares of the business's stock in a transaction dated Monday, February 10th. The stock was purchased at an average cost of $27.55 per share, with a total value of $551,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 691,214 shares of the company's stock, valued at approximately $19,042,945.70. The trade was a 2.98 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Belgacem Chariag purchased 37,356 shares of the business's stock in a transaction dated Monday, February 10th. The stock was bought at an average cost of $27.08 per share, with a total value of $1,011,600.48. Following the completion of the acquisition, the director now directly owns 54,606 shares of the company's stock, valued at approximately $1,478,730.48. This trade represents a 216.56 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 4.51% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on HP shares. Barclays lowered their price objective on Helmerich & Payne from $36.00 to $24.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 19th. The Goldman Sachs Group lowered their price objective on Helmerich & Payne from $32.00 to $25.00 and set a "sell" rating for the company in a research note on Thursday, April 10th. Royal Bank of Canada lowered their price objective on Helmerich & Payne from $41.00 to $35.00 and set a "sector perform" rating for the company in a research note on Friday, February 7th. Susquehanna lowered their price objective on Helmerich & Payne from $43.00 to $28.00 and set a "positive" rating for the company in a research note on Monday, April 14th. Finally, Argus raised Helmerich & Payne to a "hold" rating in a research report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $31.78.

Helmerich & Payne Company Profile

Founded in 1920, Helmerich & Payne, Inc (H&P) NYSE: HP is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.

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