Helmerich & Payne (HP)
(Delayed Data from NYSE)
$31.15 USD
-1.71 (-5.20%)
Updated Sep 25, 2024 04:00 PM ET
After-Market: $31.13 -0.02 (-0.06%) 5:34 PM ET
3-Hold of 5 3
A Value A Growth F Momentum A VGM
Company Summary
Incorporated in 1940, Helmerich & Payne Inc. is engaged in the contract drilling of oil and gas wells in the U.S. and internationally. The company supplies drilling rigs, equipment, personnel, and camps on a contractual basis to explore for and develop oil and gas from onshore areas and from fixed platforms, tension-leg platforms, and spars in offshore areas. The technologically advanced FlexRigs rigs, multi-pad drilling, hydraulic fracturing coupled with horizontal drilling, have greatly increased drilling efficiencies of the firm. Helmerich & Payne divides its operations into three business segments: North America Solutions, International Solutions and Offshore ...
Company Summary
Incorporated in 1940, Helmerich & Payne Inc. is engaged in the contract drilling of oil and gas wells in the U.S. and internationally. The company supplies drilling rigs, equipment, personnel, and camps on a contractual basis to explore for and develop oil and gas from onshore areas and from fixed platforms, tension-leg platforms, and spars in offshore areas. The technologically advanced FlexRigs rigs, multi-pad drilling, hydraulic fracturing coupled with horizontal drilling, have greatly increased drilling efficiencies of the firm. Helmerich & Payne divides its operations into three business segments: North America Solutions, International Solutions and Offshore Gulf of Mexico.
North America Solutions: As of Sep 30, 2023, the company’s North American drilling business consisted of 233 rigs available for work (147 under contract). Helmerich & Payne conducts its domestic land drilling primarily in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Pennsylvania, Ohio, Utah, New Mexico, Montana, North Dakota, West Virginia and Nevada. The company holds leading positions in various oil/gas basins like Permian, Eagle Ford and Woodford Shale. During fiscal 2023 (twelve months ending Sep 30, 2023), the North America Solutions operations contributed approximately 88% of the company’s operating revenues.
This segment is also involved in the development of advanced digital technologies and solutions to improve safety, reliability, and well economics for its clients.
Offshore Gulf of Mexico: The domestic offshore drilling unit’s key assets include seven rigs (four under contract). Helmerich & Payne carries out offshore drilling in the Gulf of Mexico.
International Solutions: This segment is primarily active in Colombia and Argentina, in addition to Bahrain and the United Arab Emirates ("UAE"). It has 12 rigs in Argentina and five in Colombia.
Additionally, Helmerich & Payne is involved in the ownership, development, and operation of commercial real estate properties as well as the research and development of rotary steerable technology.
General Information
Helmerich & Payne, Inc
222 North Detroit Avenue
TULSA, OK 74103
Phone: 918-742-5531
Fax: 918-742-0237
Web: http://www.hpinc.com
Email: investor.relations@hpinc.com
Industry | Oil and Gas - Drilling |
Sector | Oils-Energy |
Fiscal Year End | September |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/13/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.76 |
Current Year EPS Consensus Estimate | 3.48 |
Estimated Long-Term EPS Growth Rate | 2.60 |
Exp Earnings Date | 11/13/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 32.86 |
52 Week High | 45.04 |
52 Week Low | 29.46 |
Beta | 1.42 |
20 Day Moving Average | 1,798,954.25 |
Target Price Consensus | 43.18 |
4 Week | -1.68 |
12 Week | -7.93 |
YTD | -9.28 |
4 Week | -3.51 |
12 Week | -11.53 |
YTD | -24.52 |
Shares Outstanding (millions) | 98.75 |
Market Capitalization (millions) | 3,245.10 |
Short Ratio | NA |
Last Split Date | 7/10/2006 |
Dividend Yield | 3.04% |
Annual Dividend | $1.00 |
Payout Ratio | 0.29 |
Change in Payout Ratio | -2.66 |
Last Dividend Payout / Amount | 8/16/2024 / $0.42 |
Fundamental Ratios
P/E (F1) | 9.45 |
Trailing 12 Months | 9.55 |
PEG Ratio | 3.61 |
vs. Previous Year | -15.60% |
vs. Previous Quarter | 6.98% |
vs. Previous Year | -3.62% |
vs. Previous Quarter | 1.42% |
Price/Book | 1.14 |
Price/Cash Flow | 4.00 |
Price / Sales | 1.19 |
6/30/24 | 12.39 |
3/31/24 | 13.21 |
12/31/23 | 15.06 |
6/30/24 | 7.83 |
3/31/24 | 8.31 |
12/31/23 | 9.46 |
6/30/24 | 2.12 |
3/31/24 | 2.16 |
12/31/23 | 2.11 |
6/30/24 | 1.87 |
3/31/24 | 1.92 |
12/31/23 | 1.89 |
6/30/24 | 12.73 |
3/31/24 | 13.27 |
12/31/23 | 14.63 |
6/30/24 | 12.72 |
3/31/24 | 12.84 |
12/31/23 | 15.27 |
6/30/24 | 17.53 |
3/31/24 | 17.86 |
12/31/23 | 20.82 |
6/30/24 | 28.93 |
3/31/24 | 28.39 |
12/31/23 | 27.92 |
6/30/24 | 15.64 |
3/31/24 | 16.30 |
12/31/23 | 17.10 |
6/30/24 | 0.19 |
3/31/24 | 0.19 |
12/31/23 | 0.20 |
6/30/24 | 16.03 |
3/31/24 | 16.29 |
12/31/23 | 16.50 |