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Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Buy THIS stock before Taiwan is attacked (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Buy THIS stock before Taiwan is attacked (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
Buy THIS stock before Taiwan is attacked (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find

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

$42.82
+0.15 (+0.35%)
(As of 09/22/2023 ET)
Compare
Today's Range
$42.64
$43.54
50-Day Range
$38.27
$45.96
52-Week Range
$30.41
$54.45
Volume
933,147 shs
Average Volume
1.41 million shs
Market Capitalization
$4.26 billion
P/E Ratio
11.24
Dividend Yield
2.34%
Price Target
$49.09

Helmerich & Payne MarketRank™ Forecast

Analyst Rating
Hold
2.30 Rating Score
Upside/​Downside
14.6% Upside
$49.09 Price Target
Short Interest
Healthy
4.82% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.40
Upright™ Environmental Score
News Sentiment
1.72mentions of Helmerich & Payne in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-19.46%
From $4.11 to $3.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

Oils/Energy Sector

129th out of 244 stocks

Drilling Oil & Gas Wells Industry

5th out of 11 stocks


HP stock logo

About Helmerich & Payne (NYSE:HP) Stock

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. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. H&P’s fleet includes 299 land rigs in the U.S., 31 international land rigs and eight offshore platform rigs.

HP Price History

HP Stock News Headlines

3 Best Stocks to Consider in the Energy Sector
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Helmerich & Payne (HP) Receives a Rating Update from a Top Analyst
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Barclays Keeps Their Buy Rating on Helmerich & Payne (HP)
Drilling Stocks Plunge on Bets for Oil Price Slump
Helmerich & Payne (HP) Gets a Buy from Barclays
Helmerich & Payne (NYSE: HP)
8 Analysts Have This to Say About Helmerich & Payne
See More Headlines
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HP Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 8/31 Dividend
8/16/2023
Dividend Payable
8/31/2023
Today
9/24/2023
Fiscal Year End
9/30/2023
Next Earnings (Estimated)
11/15/2023

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
Oil & Gas Drilling
CUSIP
42345210
Employees
7,000
Year Founded
1920

Price Target and Rating

Average Stock Price Forecast
$49.09
High Stock Price Forecast
$71.00
Low Stock Price Forecast
$37.00
Forecasted Upside/Downside
+14.6%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
10 Analysts

Profitability

Net Income
$6.95 million
Pretax Margin
19.42%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$3.96 per share
Book Value
$26.26 per share

Miscellaneous

Free Float
95,291,000
Market Cap
$4.26 billion
Optionable
Optionable
Beta
1.72

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Key Executives

  • Mr. John W. LindsayMr. John W. Lindsay (Age 58)
    Pres, CEO & Director
  • Mr. Mark W. Smith CPA (Age 48)
    VP, CFO, Treasurer & Director
  • Ms. Cara M. Hair (Age 43)
    VP of Corp. Services, Chief Legal & Compliance Officer
  • Mr. Robert L. Stauder (Age 56)
    Sr. VP & Chief Engineer of Helmerich & Payne International Drilling Co
  • Mr. Dave Wilson
    Director of Investor Relations













HP Stock - Frequently Asked Questions

Should I buy or sell Helmerich & Payne stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 2 sell ratings, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HP, but not buy additional shares or sell existing shares.
View HP analyst ratings
or view top-rated stocks.

What is Helmerich & Payne's stock price forecast for 2023?

10 brokers have issued twelve-month price objectives for Helmerich & Payne's stock. Their HP share price forecasts range from $37.00 to $71.00. On average, they predict the company's share price to reach $49.09 in the next year. This suggests a possible upside of 14.6% from the stock's current price.
View analysts price targets for HP
or view top-rated stocks among Wall Street analysts.

How have HP shares performed in 2023?

Helmerich & Payne's stock was trading at $49.57 on January 1st, 2023. Since then, HP stock has decreased by 13.6% and is now trading at $42.82.
View the best growth stocks for 2023 here
.

Are investors shorting Helmerich & Payne?

Helmerich & Payne saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 4,430,000 shares, an increase of 15.4% from the July 31st total of 3,840,000 shares. Based on an average daily trading volume, of 1,370,000 shares, the short-interest ratio is currently 3.2 days. Approximately 4.7% of the company's stock are short sold.
View Helmerich & Payne's Short Interest
.

When is Helmerich & Payne's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023.
View our HP earnings forecast
.

How were Helmerich & Payne's earnings last quarter?

Helmerich & Payne, Inc. (NYSE:HP) released its earnings results on Wednesday, July, 26th. The oil and gas company reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.20. The oil and gas company had revenue of $723.96 million for the quarter, compared to the consensus estimate of $702.05 million. Helmerich & Payne had a trailing twelve-month return on equity of 14.98% and a net margin of 14.14%.

How often does Helmerich & Payne pay dividends? What is the dividend yield for Helmerich & Payne?

Helmerich & Payne announced a quarterly dividend on Wednesday, September 6th. Stockholders of record on Monday, November 20th will be paid a dividend of $0.25 per share on Monday, December 4th. This represents a $1.00 annualized dividend and a dividend yield of 2.34%. The ex-dividend date is Friday, November 17th.
Read our dividend analysis for HP
.

Is Helmerich & Payne a good dividend stock?

Helmerich & Payne (NYSE:HP) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.34%. The dividend payout ratio is 26.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HP will have a dividend payout ratio of 30.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HP.

What is John Lindsay's approval rating as Helmerich & Payne's CEO?

97 employees have rated Helmerich & Payne Chief Executive Officer John Lindsay on Glassdoor.com. John Lindsay has an approval rating of 92% among the company's employees. This puts John Lindsay in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Helmerich & Payne own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Helmerich & Payne investors own include AT&T (T), CA (CA), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Pfizer (PFE), Verizon Communications (VZ), Boeing (BA), Intel (INTC), Cisco Systems (CSCO) and Gilead Sciences (GILD).

What is Helmerich & Payne's stock symbol?

Helmerich & Payne trades on the New York Stock Exchange (NYSE) under the ticker symbol "HP."

Who are Helmerich & Payne's major shareholders?

Helmerich & Payne's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.58%), Dimensional Fund Advisors LP (4.95%), State Street Corp (4.15%), Earnest Partners LLC (2.83%), Van ECK Associates Corp (2.34%) and Boston Trust Walden Corp (2.18%). Insiders that own company stock include Hans Helmerich, John R Bell, John W Lindsay, Michael Lennox, Raymond John Adams III, Sara Marie Momper and Todd Willard Benson.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Helmerich & Payne's stock price today?

One share of HP stock can currently be purchased for approximately $42.82.

How much money does Helmerich & Payne make?

Helmerich & Payne (NYSE:HP) has a market capitalization of $4.26 billion and generates $2.06 billion in revenue each year. The oil and gas company earns $6.95 million in net income (profit) each year or $3.81 on an earnings per share basis.

How many employees does Helmerich & Payne have?

The company employs 7,000 workers across the globe.

How can I contact Helmerich & Payne?

Helmerich & Payne's mailing address is 1437 SOUTH BOULDER AVENUE SUITE 1400, TULSA OK, 74119. The official website for the company is www.hpinc.com. The oil and gas company can be reached via phone at 918-742-5531, via email at investor.relations@hpinc.com, or via fax at 918-742-0237.

This page (NYSE:HP) was last updated on 9/24/2023 by MarketBeat.com Staff

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