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Helmerich & Payne, Inc. (HP)
Common Stock · Currency in USD · XNYS
Helmerich & Payne Inc provides performance-driven drilling solutions and technologies to make hydrocarbon recovery safer and more economical for oil and gas exploration and production companies. Focusing on the drilling segment, its technology services develop and commercialize solutions that improve drilling efficiency, accuracy, and wellbore quality and placement. The company operates through North America Solutions, International Solutions, and Offshore Solutions segments. The North America segment runs a technologically advanced AC drive drilling rig fleet in the U.S., with a presence in shale and unconventional basins, while the Offshore Solutions segment, operating rigs on fixed-leg and floating platforms, generates the majority of revenue.
Company Info
SIC1381
Composite FIGIBBG000BLCPY4
CIK0000046765
IPOMar 20, 1963
Sectordrilling oil & gas wells
Highlights
Market Cap$3.54B
EPS-$3.92
P/E Ratio-9.32
Revenue$4.12B
Gross Profit$4.07B
Net Income-$379.72M
Employees15,700
WSO101,666,159
Phone(918) 742-5531
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Helmerich & Payne, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Helmerich & Payne, Inc. (HP) has returned 20.95% so far this year and 84.57% over the past 12 months. Looking at the last ten years, HP has achieved an annualized return of -4.80%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
HP
1M1.37%
6M48.82%
YTD20.95%
1Y84.57%
5Y5.86%
10Y-4.80%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Helmerich & Payne, Inc. (HP) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 17.72% | 7.35% | 0.06% | -1.86% | ||||||||
| 2025 | -3.63% | -15.63% | -2.36% | -27.23% | -19.53% | -4.17% | 5.53% | 30.56% | 5.59% | 18.99% | 6.94% | 3.73% |
| 2024 | 10.97% | -5.68% | 7.90% | -7.07% | -3.16% | -4.89% | 11.32% | -19.03% | -5.03% | 11.26% | 1.23% | -8.20% |
| 2023 | -0.94% | -12.44% | -15.42% | -12.71% | -4.75% | 14.91% | 25.58% | -9.83% | 3.18% | -6.34% | -8.95% | 0.56% |
| 2022 | 19.83% | 22.52% | 17.66% | 7.42% | 9.74% | -15.34% | 7.37% | -4.92% | -11.26% | 28.13% | 1.65% | -4.23% |
| 2021 | 4.16% | 16.93% | -8.67% | -6.12% | 8.45% | 12.32% | -14.98% | -6.95% | 1.48% | 12.71% | -28.55% | 1.72% |
| 2020 | -11.58% | -8.60% | -58.17% | 31.36% | 11.83% | -2.55% | -8.56% | -6.04% | -11.64% | 3.77% | 51.20% | -1.57% |
| 2019 | 18.70% | -3.70% | 2.04% | 3.89% | -16.03% | 3.10% | -4.00% | -22.99% | 9.48% | -7.36% | 4.08% | 14.06% |
| 2018 | 10.53% | -10.84% | 3.31% | 5.70% | -3.52% | -4.49% | -3.17% | 8.04% | 4.62% | -9.72% | -3.27% | -23.83% |
| 2017 | -9.37% | -4.31% | -3.41% | -9.86% | -12.97% | 3.19% | -7.20% | -16.18% | 22.53% | 5.95% | 6.51% | 9.04% |
| 2016 | 15.96% | -6.93% | 12.16% | -7.69% | -1.88% | 12.17% | -6.41% | 18.59% | -0.03% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Helmerich & Payne, Inc. (HP) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of HP compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Helmerich & Payne, Inc. volatility is 2.13%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 6.71B | 5.78B | 4.38B | 4.36B | 5.03B | 4.83B | 5.84B | 6.21B | 6.44B | 6.83B | 7.15B | 6.72B | 6.26B | 5.72B | 5.00B | 4.27B | 4.16B |
| Equity Attributable To Parent (USD) | 2.72B | 2.92B | 2.77B | 2.77B | 2.91B | 3.32B | 4.01B | 4.38B | 4.16B | 4.56B | 4.90B | 4.89B | 4.44B | 3.83B | 3.27B | 2.81B | 2.68B |
| Equity Attributable To Noncontrolling Interest (USD) | 104.55M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 2.83B | 2.92B | 2.77B | 2.77B | 2.91B | 3.32B | 4.01B | 4.38B | 4.16B | 4.56B | 4.90B | 4.89B | 4.44B | 3.83B | 3.27B | 2.81B | 2.68B |
| Other Non-current Liabilities (USD) | 997.62M | - | - | 652.64M | 229.72M | 811.24M | 937.70M | 961.00M | - | 1.45B | 1.37B | 1.24B | 1.17B | 1.27B | 967.12M | - | - |
| Long-term Debt (USD) | 2.06B | - | - | 542.61M | 1.03B | 480.73M | 479.36M | 493.97M | - | 491.80M | 531.50M | 80.00M | 195.00M | 235.00M | 350.00M | - | - |
| Noncurrent Liabilities (USD) | 3.06B | 2.42B | 1.19B | 1.20B | 1.26B | 1.29B | 1.42B | 1.45B | 1.93B | 1.94B | 1.90B | 1.32B | 1.37B | 1.50B | 1.32B | 1.23B | 1.18B |
| Other Current Liabilities (USD) | 596.91M | 238.12M | 232.48M | 209.24M | 725.00M | 155.60M | 207.63M | 163.59M | 153.82M | 191.15M | 204.59M | 237.37M | 236.24M | 169.56M | 269.80M | 152.10M | 231.69M |
| Wages (USD) | - | 73.74M | 55.60M | 58.60M | 69.31M | 27.07M | 79.47M | 80.92M | 54.94M | 43.55M | 35.94M | 88.13M | 71.66M | 52.19M | 43.08M | - | - |
| Accounts Payable (USD) | 217.92M | 135.08M | 130.85M | 126.97M | 72.00M | 36.47M | 123.15M | 132.66M | 135.63M | 95.42M | 110.70M | 182.03M | 144.38M | 159.42M | 103.85M | 80.53M | 70.22M |
| Current Liabilities (USD) | 814.84M | 446.95M | 418.93M | 394.81M | 866.31M | 219.14M | 410.24M | 377.17M | 344.39M | 330.12M | 351.23M | 507.53M | 452.27M | 381.16M | 416.73M | 232.64M | 301.91M |
| Liabilities (USD) | 3.88B | 2.86B | 1.61B | 1.59B | 2.12B | 1.51B | 1.83B | 1.83B | 2.28B | 2.27B | 2.25B | 1.83B | 1.82B | 1.89B | 1.73B | 1.46B | 1.48B |
| Other Non-current Assets (USD) | 441.65M | 1.52B | 393.06M | 324.62M | 246.44M | 138.93M | 135.63M | 168.73M | 152.89M | 114.60M | 145.77M | 255.95M | 330.51M | 474.29M | 370.51M | - | 372.19M |
| Intangible Assets (USD) | 485.54M | 54.15M | 60.58M | 67.15M | 73.84M | 81.03M | 86.72M | 73.21M | 50.79M | - | - | - | - | - | - | - | - |
| Fixed Assets (USD) | 4.31B | 3.02B | 2.92B | 2.96B | 3.13B | 3.65B | 4.50B | 4.86B | 5.00B | 5.14B | 5.57B | 5.19B | 4.68B | 4.35B | 3.68B | 3.28B | 3.27B |
| Noncurrent Assets (USD) | 5.24B | 4.59B | 3.38B | 3.35B | 3.45B | 3.87B | 4.72B | 5.10B | 5.20B | 5.26B | 5.71B | 5.44B | 5.01B | 4.83B | 4.05B | 16.83M | 3.64B |
| Other Current Assets (USD) | 358.51M | 655.58M | 508.21M | 456.27M | 173.62M | 89.32M | 469.83M | 392.21M | 620.99M | 1.07B | 860.93M | 465.91M | 547.93M | 195.96M | 441.37M | 609.40M | 478.21M |
| Inventory (USD) | 324.33M | 117.88M | 94.23M | 87.96M | 84.06M | 104.18M | 149.65M | 158.13M | 137.20M | 124.33M | 128.73M | 106.24M | 88.87M | 78.78M | 54.41M | 43.40M | 44.72M |
| Accounts Receivable (USD) | 782.64M | 418.60M | 404.19M | 458.71M | 228.89M | 192.62M | 495.60M | 565.20M | 477.07M | 375.17M | 449.34M | 705.21M | 621.42M | 620.49M | 460.54M | - | - |
| Cash (USD) | - | - | - | - | 1.10B | 577.20M | - | - | - | - | - | - | - | - | - | - | - |
| Current Assets (USD) | 1.47B | 1.19B | 1.01B | 1.00B | 1.59B | 963.33M | 1.12B | 1.12B | 1.24B | 1.57B | 1.44B | 1.28B | 1.26B | 895.23M | 956.31M | 652.80M | 522.93M |
| Assets (USD) | 6.71B | 5.78B | 4.38B | 4.36B | 5.03B | 4.83B | 5.84B | 6.21B | 6.44B | 6.83B | 7.15B | 6.72B | 6.26B | 5.72B | 5.00B | 4.27B | 4.16B |
News and Insights
Growth stocks are experiencing a remarkable resurgence, posting their best month in over a year when compared to value stocks, as the rally in tech and mega caps continues to dominate market dynamics. The iShares Russell 1000 Growth ETF (NYSE:IWF) has surged by 6.5% so far in June 2024. This gain puts it on track for its seventh month of increases in the last eight. Investors have shown elevated confidence in growth-oriented sectors, particularly technology, which continues to benefit from strong earnings reports, heightened expectations for future cash flows and positive market sentiment, especially towards AI-related industries. In stark contrast, the iShares Russell 1000 Value ETF (NYSE:IWD), representing the other major equity style, has declined by 1.4% in June. This divergence highlights the challenges facing value stocks, which typically encompass sectors like financials, energy, utilities, and consumer staples. These sectors have struggled to attract investor interest due to their less impressive performance and subdued earnings expectations. The performance gap between growth and value in June 2024 stands at a striking 7.9 percentage points, marking the most substantial monthly performance difference since May 2023. ...Full story available on Benzinga.com
Investors need to pay close attention to Helmerich & Payne (HP) stock based on the movements in the options market lately.
Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Helmerich & Payne (HP) expects a $500 million capital outlay in 2024, with depreciation and amortization expenses of $405 million, and research and development expenses of $37 million.
In the last three months, 6 analysts have published ratings on Helmerich & Payne (NYSE:HP), offering a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 3 0 0 Last 30D 0 0 0 0 0 1M Ago 0 2 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $47.67, a high estimate of $52.00, and a low estimate of $42.00. Observing a 5.0% increase, the current average has risen from the previous average price target of $45.40. Investigating Analyst Ratings: An Elaborate Study An in-depth analysis of recent analyst actions unveils how financial experts perceive Helmerich & Payne. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Scott Gruber Citigroup Raises Neutral $42.00 $40.00 Charles Minervino Susquehanna Raises Positive $52.00 $50.00 Charles Minervino Susquehanna Maintains Positive $50.00 $50.00 Ian Macpherson Piper Sandler Raises Neutral $44.00 $41.00 Charles Minervino Susquehanna Maintains Positive $50.00 - Keith Mackey RBC Capital Raises Sector Perform $48.00 $46.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction ...Full story available on Benzinga.com
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like SAPMF, HP and PDS.
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Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Helmerich & Payne (HP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.