Helmerich & Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies. The company operates through U.S. Land, Offshore, and International Land segments. The U.S. Land segment drills primarily in Colorado, Louisiana, Ohio, Oklahoma, New Mexico, North Dakota, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore segment has drilling operations in the Gulf of Mexico. The International Land segment conducts drilling operations in Colombia, Argentina, Bahrain, and the United Arab Emirates. As of September 30, 2017, the company operated a fleet of 350 land rigs in the United States; 38 international land rigs; and 8 offshore platform rigs. The company also provides drilling rigs, equipment, personnel, and related ancillary services on a contract basis to explore for and develop oil and gas from onshore areas and from fixed platforms, tension-leg platforms, and spars in offshore areas. In addition, it owns, develops, and operates commercial real estate properties; and researches and develops rotary steerable technology. Its real estate investments include a shopping center comprising approximately 441,000 leasable square feet; multi-tenant industrial warehouse properties covering approximately one million leasable square feet; and approximately 210 acres of undeveloped real estate located in Tulsa, Oklahoma. Further, the company offers Bit Guidance System, an algorithm-driven system, which considers the total economic consequences of directional drilling decisions and consistently lowers drilling costs through more efficient drilling and increase hydrocarbon production. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
Current SymbolNYSE:HP
Previous Symbol
CUSIP42345210
Phone918-742-5531
Debt
Debt-to-Equity Ratio0.11
Current Ratio2.96
Quick Ratio2.54
Price-To-Earnings
Trailing P/E Ratio388.93
Forward P/E Ratio30.76
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.49 billion
Price / Sales2.39
Cash Flow$5.3593 per share
Price / Cash Flow10.16
Book Value$40.23 per share
Price / Book1.35
Profitability
EPS (Most Recent Fiscal Year)$0.14
Net Income$482.67 million
Net Margins19.41%
Return on Equity0.41%
Return on Assets0.29%
Miscellaneous
Employees9,777
Outstanding Shares109,040,000
Market Cap$6.15 billion
OptionableOptionable
Helmerich & Payne (NYSE:HP) Frequently Asked Questions
What is Helmerich & Payne's stock symbol?
Helmerich & Payne trades on the New York Stock Exchange (NYSE) under the ticker symbol "HP."
How often does Helmerich & Payne pay dividends? What is the dividend yield for Helmerich & Payne?
Helmerich & Payne announced a quarterly dividend on Wednesday, September 5th. Investors of record on Monday, November 12th will be paid a dividend of $0.71 per share on Monday, December 3rd. This represents a $2.84 annualized dividend and a yield of 5.22%. The ex-dividend date is Thursday, November 8th. View Helmerich & Payne's Dividend History.
How were Helmerich & Payne's earnings last quarter?
Helmerich & Payne, Inc. (NYSE:HP) announced its earnings results on Thursday, November, 15th. The oil and gas company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.01. The oil and gas company had revenue of $696.83 million for the quarter, compared to analyst estimates of $683.89 million. Helmerich & Payne had a return on equity of 0.41% and a net margin of 19.41%. View Helmerich & Payne's Earnings History.
When is Helmerich & Payne's next earnings date?
What price target have analysts set for HP?
23 brokerages have issued twelve-month price targets for Helmerich & Payne's shares. Their forecasts range from $61.00 to $90.00. On average, they expect Helmerich & Payne's stock price to reach $72.3333 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price. View Analyst Price Targets for Helmerich & Payne.
What is the consensus analysts' recommendation for Helmerich & Payne?
23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 2 sell ratings, 8 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Helmerich & Payne.
Has Helmerich & Payne been receiving favorable news coverage?
Media headlines about HP stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Helmerich & Payne earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
Who are some of Helmerich & Payne's key competitors?
Some companies that are related to Helmerich & Payne include Transocean (RIG), Patterson-UTI Energy (PTEN), Ocean Rig UDW (ORIG), Ensco (ESV), Diamond Offshore Drilling (DO), Rowan Companies (RDC), Baytex Energy (BTE), Nabors Industries (NBR), Noble (NE), Precision Drilling (PDS), Oasis Midstream Partners (OMP), Independence Contract Drilling (ICD), Seadrill Partners (SDLP), Pioneer Energy Services (PES) and Key Energy Services (KEG).
Who are Helmerich & Payne's key executives?
Helmerich & Payne's management team includes the folowing people:
- Mr. John W. Lindsay, Pres, CEO & Director (Age 57)
- Ms. Cara M. Hair, VP of Corp. Services & Chief Legal Officer (Age 42)
- Mr. Robert L. Stauder, Sr. VP & Chief Engineer of Helmerich & Payne International Drilling Co (Age 55)
- Mr. Mark W. Smith CPA, VP, CFO & Chief Accounting Officer (Age 47)
- Mr. Dave Wilson, Director of Investor Relations
Who are Helmerich & Payne's major shareholders?
Helmerich & Payne's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.61%), Vanguard Group Inc (10.61%), BlackRock Inc. (9.32%), Capital International Investors (7.15%), Capital World Investors (5.13%) and Dimensional Fund Advisors LP (2.52%). Company insiders that own Helmerich & Payne stock include Chapman Paula Marshall, John R Bell, John W Lindsay, Juan Pablo Tardio, Michael Lennox, Robert L Stauder and Thomas A Petrie. View Institutional Ownership Trends for Helmerich & Payne.
Which institutional investors are selling Helmerich & Payne stock?
HP stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Bank of New York Mellon Corp, Capital International Investors, Point72 Asset Management L.P., Los Angeles Capital Management & Equity Research Inc., Prudential Financial Inc., Chicago Equity Partners LLC and JPMorgan Chase & Co.. Company insiders that have sold Helmerich & Payne company stock in the last year include Chapman Paula Marshall, John R Bell, John W Lindsay, Juan Pablo Tardio, Michael Lennox and Robert L Stauder. View Insider Buying and Selling for Helmerich & Payne.
Which institutional investors are buying Helmerich & Payne stock?
HP stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., AQR Capital Management LLC, Janus Henderson Group PLC, Capital World Investors, First Trust Advisors LP, Deprince Race & Zollo Inc., Canada Pension Plan Investment Board and BlackRock Inc.. Company insiders that have bought Helmerich & Payne stock in the last two years include John W Lindsay and Thomas A Petrie. View Insider Buying and Selling for Helmerich & Payne.
How do I buy shares of Helmerich & Payne?
Shares of HP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Helmerich & Payne's stock price today?
One share of HP stock can currently be purchased for approximately $54.45.
How big of a company is Helmerich & Payne?
Helmerich & Payne has a market capitalization of $6.15 billion and generates $2.49 billion in revenue each year. The oil and gas company earns $482.67 million in net income (profit) each year or $0.14 on an earnings per share basis. Helmerich & Payne employs 9,777 workers across the globe.
What is Helmerich & Payne's official website?
How can I contact Helmerich & Payne?
Helmerich & Payne's mailing address is 1437 SOUTH BOULDER AVENUE SUITE 1400, TULSA OK, 74119. The oil and gas company can be reached via phone at 918-742-5531 or via email at [email protected]
MarketBeat Community Rating for Helmerich & Payne (NYSE HP)
MarketBeat's community ratings are surveys of what our community members think about Helmerich & Payne and other stocks. Vote "Outperform" if you believe HP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HP will underperform the S&P 500 over the long term. You may vote once every thirty days.
