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 Ratio2.97
Quick Ratio2.57
Price-To-Earnings
Trailing P/E Ratio-49.22
Forward P/E Ratio3,125.50
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.80 billion
Price / Sales3.77
Cash Flow$4.1480 per share
Price / Cash15.07
Book Value$38.35 per share
Price / Book1.63
Profitability
EPS (Most Recent Fiscal Year)($1.27)
Net Income$-128,210,000.00
Net Margins19.70%
Return on Equity-0.37%
Return on Assets-0.26%
Miscellaneous
Employees8,123
Outstanding Shares108,940,000
Market Cap$6.82 billion
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 declared a quarterly dividend on Friday, June 8th. Stockholders of record on Friday, August 17th will be given a dividend of $0.71 per share on Friday, August 31st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Thursday, August 16th. This is a positive change 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) released its quarterly earnings data on Wednesday, July, 25th. The oil and gas company reported ($0.01) EPS for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.04. The oil and gas company had revenue of $648.87 million for the quarter, compared to analyst estimates of $617.06 million. Helmerich & Payne had a net margin of 19.70% and a negative return on equity of 0.37%. Helmerich & Payne's revenue was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.25) 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?
20 brokers have issued 12 month price objectives for Helmerich & Payne's stock. Their predictions range from $45.00 to $87.00. On average, they anticipate Helmerich & Payne's share price to reach $64.1875 in the next year. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Price Targets for Helmerich & Payne.
What is the consensus analysts' recommendation for Helmerich & Payne?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 3 sell ratings, 9 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Helmerich & Payne.
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), Key Energy Services (KEG), Seadrill Partners (SDLP), Pioneer Energy Services (PES) and Independence Contract Drilling (ICD).
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 & 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)
- Mr. Gordon K. Helm, VP, Controller & Chief Accounting Officer (Age 65)
Has Helmerich & Payne been receiving favorable news coverage?
Media coverage about HP stock has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources. 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 news impact score of 0.19 on Accern's scale. They also gave media stories about the oil and gas company an impact score of 46.94 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Helmerich & Payne.
Who are Helmerich & Payne's major shareholders?
Helmerich & Payne's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.26%), Bank of New York Mellon Corp (2.70%), Dimensional Fund Advisors LP (2.51%), Van ECK Associates Corp (1.05%), Schwab Charles Investment Management Inc. (0.84%) and Fisher Asset Management LLC (0.80%). 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 major investors are selling Helmerich & Payne stock?
HP stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, American Century Companies Inc., Advisors Asset Management Inc., Russell Investments Group Ltd., Investec Asset Management LTD, Victory Capital Management Inc., Dividend Assets Capital LLC and Engineers Gate Manager LP. 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 major investors are buying Helmerich & Payne stock?
HP stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Los Angeles Capital Management & Equity Research Inc., Pinnacle Associates Ltd., Bank of Montreal Can, Canada Pension Plan Investment Board, BTIM Corp., Point72 Asset Management L.P. and First Trust Advisors LP. 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 $62.51.
How big of a company is Helmerich & Payne?
Helmerich & Payne has a market capitalization of $6.82 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, 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.
