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
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 RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.80 billion
Price / Sales3.90
Cash Flow$4.1921 per share
Price / Cash15.41
Book Value$38.35 per share
Price / Book1.68
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
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. Shareholders 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 annualized dividend and a yield of 4.40%. The ex-dividend date of this dividend is Thursday, August 16th. This is an increase 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 results on Thursday, April, 26th. The oil and gas company reported ($0.05) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.05). The oil and gas company earned $577.50 million during 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%. The business's quarterly revenue was up 42.5% compared to the same quarter last year. During the same period last year, the business 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?
25 brokerages have issued 1 year target prices for Helmerich & Payne's shares. Their forecasts range from $38.00 to $87.00. On average, they anticipate Helmerich & Payne's stock price to reach $58.4091 in the next year. 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), Ocean Rig UDW (ORIG), Diamond Offshore Drilling (DO), 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 Seadrill (SDRL).
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 coverage about HP stock has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Helmerich & Payne earned a coverage optimism score of 0.03 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 46.17 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Helmerich & Payne's major shareholders?
Helmerich & Payne's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.15%), Franklin Resources Inc. (4.32%), Dimensional Fund Advisors LP (2.48%), Northern Trust Corp (1.14%), Van ECK Associates Corp (1.04%) and Schwab Charles Investment Management Inc. (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 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., BlackRock Inc., American Century Companies Inc., Victory Capital Management Inc., Lord Abbett & CO. LLC, Wells Fargo & Company MN, New York State Common Retirement Fund and Honeywell International Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Arosa Capital Management LP, State of Tennessee Treasury Department, Monarch Partners Asset Management LLC, Chicago Equity Partners LLC, Prudential Financial Inc., Schwab Charles Investment Management Inc. and Russell Investments Group 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 $64.60.
How big of a company is Helmerich & Payne?
Helmerich & Payne has a market capitalization of $6.97 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 (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.
