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
SymbolNYSE:HP
CUSIP42345210
Phone918-742-5531
Debt
Debt-to-Equity Ratio0.11
Current Ratio3.32
Quick Ratio2.90
Price-To-Earnings
Trailing P/E Ratio-49.77
Forward P/E Ratio621.50
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.80 billion
Price / Sales3.75
Cash Flow$4.0045 per share
Price / Cash15.52
Book Value$38.35 per share
Price / Book1.62
Profitability
EPS (Most Recent Fiscal Year)($1.27)
Net Income$-128,210,000.00
Net Margins20.39%
Return on Equity-0.81%
Return on Assets-0.55%
Miscellaneous
Employees8,123
Outstanding Shares108,880,000
Market Cap$7,022.89
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 Friday, June 8th. Stockholders of record on Friday, August 17th will be paid a dividend of $0.71 per share on Friday, August 31st. This represents a $2.84 annualized dividend and a dividend yield of 4.56%. The ex-dividend date is Thursday, August 16th. This is a boost from Helmerich & Payne's previous quarterly dividend of $0.70. View Helmerich & Payne's Dividend History.
How were Helmerich & Payne's earnings last quarter?
Helmerich & Payne, Inc. (NYSE:HP) issued its quarterly earnings results on Thursday, April, 26th. The oil and gas company reported ($0.05) earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.05). The oil and gas company had revenue of $577.50 million for the quarter, compared to analysts' expectations of $566.02 million. Helmerich & Payne had a net margin of 20.39% and a negative return on equity of 0.81%. Helmerich & Payne's quarterly revenue was up 42.5% compared to the same quarter last year. During the same period last year, the company earned ($0.47) earnings per share. 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 1-year price objectives for Helmerich & Payne's shares. Their forecasts range from $38.00 to $87.00. On average, they expect Helmerich & Payne's stock price to reach $60.3158 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View Analyst Ratings 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 4 sell ratings, 12 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Helmerich & Payne's key competitors?
Some companies that are related to Helmerich & Payne include Transocean (RIG), Patterson-UTI Energy (PTEN), Ensco (ESV), Diamond Offshore Drilling (DO), Ocean Rig UDW (ORIG), Nabors Industries (NBR), Rowan Companies (RDC), Noble (NE), Precision Drilling (PDS), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Pioneer Energy Services (PES), Key Energy Services (KEG), Seadrill Partners (SDLP) and Independence Contract Drilling (ICD).
Who are Helmerich & Payne's key executives?
Helmerich & Payne's management team includes the folowing people:
- Mr. Hans Christian Helmerich III, Chairman & Consultant (Age 59)
- Mr. John W. Lindsay, Pres, CEO & Director (Age 57)
- Ms. Cara M. Hair, VP of Corp. Services, Chief Legal Officer & Interim Corp. Sec. (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 (Age 47)
Has Helmerich & Payne been receiving favorable news coverage?
Media headlines about HP stock have trended somewhat negative this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Helmerich & Payne earned a media sentiment score of -0.05 on Accern's scale. They also gave news coverage about the oil and gas company an impact score of 46.74 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Helmerich & Payne's major shareholders?
Helmerich & Payne's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.80%), Bank of Montreal Can (0.26%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%), Atria Investments LLC (0.03%), State of Alaska Department of Revenue (0.03%) and Radnor Capital Management LLC (0.02%). Company insiders that own Helmerich & Payne stock include Chapman Paula Marshall, Hans Helmerich, John R Bell, John W Lindsay, Juan Pablo Tardio, 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 Fjarde AP Fonden Fourth Swedish National Pension Fund, Atria Investments LLC and Radnor Capital Management LLC. Company insiders that have sold Helmerich & Payne company stock in the last year include Chapman Paula Marshall, Juan Pablo Tardio 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 Bank of Montreal Can, Fisher Asset Management LLC, BLB&B Advisors LLC, Rockland Trust Co., State of Alaska Department of Revenue, Gateway Investment Advisers LLC and IFM Investors Pty Ltd. 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 $62.32.
How big of a company is Helmerich & Payne?
Helmerich & Payne has a market capitalization of $7.02 billion and generates $1.80 billion in revenue each year. The oil and gas company earns $-128,210,000.00 in net income (profit) each year or ($1.27) on an earnings per share basis. Helmerich & Payne employs 8,123 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 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.
