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HP

HP - Helmerich & Payne Inc Stock Price, Fair Value and News

39.01USD+0.28 (+0.72%)Market Closed

Market Summary

HP
USD39.01+0.28
Market Closed
0.72%

HP Alerts

  • 2 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

HP Stock Price

View Fullscreen

HP RSI Chart

HP Valuation

Market Cap

3.8B

Price/Earnings (Trailing)

10.83

Price/Sales (Trailing)

1.39

EV/EBITDA

4.66

Price/Free Cashflow

10.7

HP Price/Sales (Trailing)

HP Profitability

EBT Margin

17.88%

Return on Equity

12.59%

Return on Assets

7.98%

Free Cashflow Yield

9.34%

HP Fundamentals

HP Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-10.57%

Rev. Growth (Qtr)

1.59%

HP Earnings

Earnings (TTM)

352.9M

Earnings Growth (Yr)

-48.29%

Earnings Growth (Qtr)

-10.87%

Breaking Down HP Revenue

Last 7 days

0.7%

Last 30 days

-7.3%

Last 90 days

6.2%

Trailing 12 Months

24.3%

How does HP drawdown profile look like?

HP Financial Health

Current Ratio

2.16

Debt/Equity

0.19

Debt/Cashflow

1.51

HP Investor Care

Dividend Yield

2.38%

Buy Backs (1Y)

3.76%

Diluted EPS (TTM)

3.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.7B000
20232.7B2.8B2.9B2.8B
20221.6B1.8B2.1B2.4B
20211.1B1.1B1.2B1.4B
20202.6B2.2B1.8B1.4B
20192.8B2.8B2.8B2.7B
20182.2B2.3B2.5B2.7B
20171.5B1.6B1.8B2.0B
20162.1B1.8B1.6B1.5B
20153.9B3.6B3.2B2.6B
20143.5B3.6B3.7B3.9B
20133.3B3.4B3.4B3.4B
20122.8B3.0B3.2B3.3B
20112.2B2.4B2.5B2.7B
20101.6B1.7B1.9B2.1B
20091.9B1.9B1.9B1.6B
200801.7B1.9B1.9B
2007001.6B0
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Tracking the Latest Insider Buys and Sells of Helmerich & Payne Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 29, 2024
hair cara m.
sold
-398,580
40.22
-9,910
svp, corp. services & clo
Apr 29, 2024
smith mark w.
sold
-647,840
40.49
-16,000
senior vp and cfo
Mar 01, 2024
lennox michael
sold
-90,194
38.81
-2,324
svp, us land ops, drilling sub
Feb 29, 2024
lennox michael
sold
-391,878
38.51
-10,176
svp, us land ops, drilling sub
Feb 28, 2024
zeglis john d
acquired
-
-
4,675
-
Feb 28, 2024
chariag belgacem
acquired
-
-
4,675
-
Feb 28, 2024
helmerich hans
acquired
-
-
7,012
-
Feb 28, 2024
mas jose ramon
acquired
-
-
4,675
-
Feb 28, 2024
petrie thomas a.
acquired
-
-
4,675
-
Feb 28, 2024
cramton kevin g.
acquired
-
-
4,675
-

1–10 of 50

Which funds bought or sold HP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 13, 2024
CI INVESTMENTS INC.
reduced
-85.76
-617,000
122,000
-%
May 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
added
2.2
14,255,200
90,539,700
0.01%
May 13, 2024
FIRST TRUST ADVISORS LP
added
47.23
3,413,500
8,223,190
0.01%
May 13, 2024
BESSEMER GROUP INC
unchanged
-
2,000
13,000
-%
May 13, 2024
Clearbridge Investments, LLC
added
2.2
2,164,140
13,753,800
0.01%
May 13, 2024
CANADA LIFE ASSURANCE Co
added
17.53
1,502,000
5,589,000
0.01%
May 13, 2024
NOMURA ASSET MANAGEMENT CO LTD
unchanged
-
6,015
43,322
-%
May 13, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.94
289,187
2,212,650
0.01%
May 13, 2024
Ameritas Investment Partners, Inc.
reduced
-3.66
43,388
408,739
0.01%
May 13, 2024
RENAISSANCE TECHNOLOGIES LLC
reduced
-59.28
-10,384,000
9,316,000
0.01%

1–10 of 48

Are Funds Buying or Selling HP?

Are funds buying HP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HP
No. of Funds

Unveiling Helmerich & Payne Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
alliancebernstein l.p.
0.6%
606,600
SC 13G/A
Feb 13, 2024
vanguard group inc
11.71%
11,639,212
SC 13G/A
Feb 12, 2024
state farm mutual automobile insurance co
8.30%
8,257,200
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
5.2%
5,181,369
SC 13G
Jan 22, 2024
blackrock inc.
17.3%
17,224,149
SC 13G/A
Feb 14, 2023
alliancebernstein l.p.
5.1%
5,394,766
SC 13G
Feb 09, 2023
vanguard group inc
11.26%
11,865,323
SC 13G/A
Jan 31, 2023
state farm mutual automobile insurance co
7.83%
8,257,200
SC 13G/A
Jan 26, 2023
blackrock inc.
16.7%
17,591,785
SC 13G/A
Jan 20, 2023
blackrock inc.
16.7%
17,591,785
SC 13G/A

Recent SEC filings of Helmerich & Payne Inc

View All Filings
Date Filed Form Type Document
Apr 30, 2024
4
Insider Trading
Apr 30, 2024
4
Insider Trading
Apr 29, 2024
144
Notice of Insider Sale Intent
Apr 29, 2024
144
Notice of Insider Sale Intent
Apr 24, 2024
10-Q
Quarterly Report
Apr 24, 2024
8-K
Current Report
Mar 04, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
4
Insider Trading

Peers (Alternatives to Helmerich & Payne Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
464.9B
341.1B
-2.05% 12.42%
14.17
1.36
-16.75% -46.83%
303.9B
198.9B
3.51% 5.06%
14.97
1.53
-18.05% -43.28%
55.8B
27.7B
-8.84% 8.30%
12.91
2.02
-22.75% -55.41%
15.0B
6.6B
-8.66% 18.67%
10.45
2.26
-15.57% -47.38%
11.6B
6.4B
-0.21% 10.80%
10.97
1.8
-54.63% -85.10%
MID-CAP
8.6B
2.2B
-1.50% 34.46%
17.87
3.92
-62.59% -77.29%
3.8B
2.7B
-7.32% 24.33%
10.83
1.39
2.93% 8.77%
3.7B
2.5B
-3.38% 51.16%
3.6
1.44
-6.59% -31.79%
2.8B
1.7B
-3.06% -0.83%
12.77
1.64
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
246.0M
304.0M
-12.55% -7.60%
8.04
0.81
-28.78% -93.34%
178.0M
257.2M
-6.29% 124.58%
-4.02
0.69
7.59% 61.82%
92.3M
220.8M
3.88% -8.17%
-30.29
0.42
-38.52% -116.44%
70.2M
2.8B
-6.33% -17.39%
41
0.03
-15.01% 137.22%
26.7M
23.9M
3.05% 3.85%
-9.83
1.12
-21.86% -149.09%

Helmerich & Payne Inc News

Latest updates
Yahoo Lifestyle UK • 12 hours ago
Seeking Alpha • 12 May 2024 • 11:29 am
MarketBeat • 12 May 2024 • 07:00 am
The Motley Fool • 3 months ago

Helmerich & Payne Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.6%688677660724769720631550468410344332296246208317634615649688721
Costs and Expenses4.3%5775545665755945755555174904524414104573402843751,152583610856626
  S&GA Expenses9.7%62.0057.0056.0049.0053.0048.0047.0045.0047.0044.0052.0042.0039.0039.0033.0043.0042.0050.0050.0047.0044.00
EBITDA Margin-6.4%0.33*0.35*0.35*0.34*0.32*0.27*0.22*0.16*0.13*------------
Interest Expenses-2.5%4.004.004.004.004.004.004.004.004.006.006.006.006.006.006.006.006.006.008.006.006.00
Income Taxes7.0%32.0030.0035.0041.0051.0032.0028.002.003.00-7.57-25.31-23.70-36.60-18.11-23.24-17.60-11314.00-13.11-32.0325.00
Earnings Before Taxes-6.6%11712511313621513073.0019.00-1.95-58.90-93.55-80.36-159-96.04-83.90-63.58-53345.0029.00-18697.00
EBT Margin-14.2%0.18*0.21*0.21*0.19*0.16*0.09*0.02*-0.08*-0.15*------------
Net Income-10.9%85.0095.0078.0095.0016497.0046.0018.00-4.98-51.36-79.16-55.55-121-70.43-58.96-45.60-42031.0041.00-15461.00
Net Income Margin-15.9%0.13*0.15*0.15*0.14*0.12*0.07*0.00*-0.07*-0.12*------------
Free Cashflow-33.8%25.0038.0010119255.0089.0041.0027.00-37.85------------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.1%4,4254,4214,3824,3414,3664,4124,3564,3234,3344,3925,0344,4954,5884,7274,8304,9625,1775,8425,8405,8976,145
  Current Assets-4.0%9499891,0079931,0041,0791,0039469189551,5879849799539639911,1201,1551,1151,1161,048
    Cash Equivalents-9.6%194214257221160229232189202234918371427374537426336355383335244
  Inventory5.7%10710194.0010199.0091.0088.0086.0084.0087.0084.0091.0097.0099.00104113112149150150162
  Net PPE0.8%2,9942,9702,9222,9332,9312,9422,9612,9873,0223,0663,1273,2813,3743,5523,6463,7543,8404,4124,5024,5844,887
  Goodwill0%46.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0083.0083.0068.0068.00
  Current Liabilities-6.4%439469419433414470395401378399866265252228219242377419410391374
  Long Term Debt0.0%545545545545543543543542542542542481482481481480480479479492491
    LT Debt, Current-----------483----------
    LT Debt, Non Current0.0%545545545545543543543542542542542481482481481480480479479492491
Shareholder's Equity1.6%2,8032,7602,7722,7082,7562,7452,7652,7332,7342,7772,9133,0083,0843,2253,3193,3963,4613,9764,0124,0954,319
  Retained Earnings1.6%2,7862,7442,7082,6552,6082,4942,4742,4552,4642,4952,5732,6802,7632,9113,0103,0963,1693,6663,7143,7513,980
  Additional Paid-In Capital-0.8%503507525517509513528521515515530523517512522515510499510502493
Accumulated Depreciation-4,741-4,627------------------
Shares Outstanding0.1%99.0099.0099.0099.00105105105106106108108108---------
Float-----3,700---4,500---2,910-------1,680
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-17.8%143,719174,798214,682292,746140,879185,375117,27297,74522,614-3,71846,61931,01978,406-19,60492,628213,611120,861111,781196,380250,353199,536
  Share Based Compensation9.9%8,4297,6728,5728,1807,4318,2736,8187,0517,9456,2186,6186,9636,8267,4514,27011,10710,75110,2018,8258,8789,431
Cashflow From Investing1.5%-111,406-113,067-131,540-71,838-37,037-82,169-44,169-77,825-592-44,729-42,242-59,4374,888-65,203-861-40,074-23,915-23,035-48,675-81,368-105,863
Cashflow From Financing50.0%-49,371-98,728-48,877-151,838-162,597-100,557-26,683-26,707-45,305-635,610510,467-28,345-27,312-29,287-31,244-77,532-111,042-77,402-133,840-77,986-78,156
  Dividend Payments-0.5%42,07742,29448,87749,63851,17751,76426,69326,69526,68727,32027,31527,58527,31226,91827,21177,23478,28877,60278,36378,47878,458
  Buy Backs-91.7%3,97747,654888103,221106,70839,060--16,64160,358----1.00-28,504-42,779--
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HP Income Statement

2024-03-31
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
OPERATING REVENUES    
Drilling services$ 685,131,000$ 766,682,000$ 1,359,696,000$ 1,483,852,000
Other2,812,0002,540,0005,394,0005,007,000
Total operating revenues687,943,000769,222,0001,365,090,0001,488,859,000
OPERATING COSTS AND EXPENSES    
Drilling services operating expenses, excluding depreciation and amortization401,851,000449,110,000805,154,000877,361,000
Other operating expenses1,026,0001,188,0002,163,0002,314,000
Depreciation and amortization104,545,00096,255,000198,536,000192,910,000
Research and development12,942,0008,702,00021,550,00015,635,000
Selling, general and administrative62,037,00052,855,000118,614,000101,310,000
Asset impairment charges00012,097,000
Gain on reimbursement of drilling equipment(7,461,000)(11,574,000)(14,955,000)(27,298,000)
Other (gain) loss on sale of assets(2,431,000)2,519,00012,0004,898,000
Total operating costs and expenses577,371,000594,017,0001,131,050,0001,169,431,000
OPERATING INCOME110,572,000175,205,000234,040,000319,428,000
Other income (expense)    
Interest and dividend income6,567,0005,055,00017,301,0009,760,000
Interest expense(4,261,000)(4,239,000)(8,633,000)(8,594,000)
Gain (loss) on investment securities3,747,00039,752,000(287,000)24,661,000
Other400,000(604,000)(143,000)(546,000)
Total unallocated amounts6,453,00039,964,0008,238,00025,281,000
Income before income taxes117,025,000215,169,000242,278,000344,709,000
Income tax expense32,194,00051,129,00062,274,00083,524,000
NET INCOME$ 84,831,000$ 164,040,000$ 180,004,000$ 261,185,000
Basic earnings per common share    
Net income (loss) (in dollars per share)$ 0.85$ 1.55$ 1.79$ 2.46
Diluted earnings per common share:    
Net income (in dollars per share)$ 0.84$ 1.55$ 1.79$ 2.46
Weighted average shares outstanding:    
Basic (in shares)98,774103,96898,960104,615
Diluted (in shares)99,046104,36399,216105,003

HP Balance Sheet

2024-03-31
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Sep. 30, 2023
Current Assets:  
Cash and cash equivalents$ 193,636$ 257,174
Restricted cash68,54759,064
Short-term investments83,39093,600
Accounts receivable, net of allowance of $2,769 and $2,688, respectively431,681404,188
Inventories of materials and supplies, net107,21094,227
Prepaid expenses and other, net64,31697,727
Assets held-for-sale0645
Total current assets948,7801,006,625
Investments274,446264,947
Property, plant and equipment, net2,993,8252,921,695
Other Noncurrent Assets:  
Goodwill45,65345,653
Intangible assets, net57,36060,575
Operating lease right-of-use assets59,73050,400
Other assets, net45,05432,061
Total other noncurrent assets207,797188,689
Total assets4,424,8484,381,956
Current Liabilities:  
Accounts payable158,296130,852
Dividends payable42,04725,194
Accrued liabilities238,494262,885
Total current liabilities438,837418,931
Noncurrent Liabilities:  
Long-term debt, net545,441545,144
Deferred income taxes502,088517,809
Other135,408128,129
Total noncurrent liabilities1,182,9371,191,082
Commitments and Contingencies (Note 11)
Shareholders' Equity:  
Common stock, $0.10 par value, 160,000,000 shares authorized, 112,222,865 shares issued as of March 31, 2024 and September 30, 2023, and 98,752,018 and 99,426,526 shares outstanding as of March 31, 2024 and September 30, 2023, respectively11,22211,222
Preferred stock, no par value, 1,000,000 shares authorized, no shares issued00
Additional paid-in capital502,586525,369
Retained earnings2,786,4952,707,715
Accumulated other comprehensive loss(7,713)(7,981)
Treasury stock, at cost, 13,470,847 shares and 12,796,339 shares as of March 31, 2024 and September 30, 2023, respectively(489,516)(464,382)
Total shareholders’ equity2,803,0742,771,943
Total liabilities and shareholders' equity$ 4,424,848$ 4,381,956
HP
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.
 CEO
 WEBSITEhpinc.com
 INDUSTRYOil - E&P
 EMPLOYEES8000

Helmerich & Payne Inc Frequently Asked Questions


What is the ticker symbol for Helmerich & Payne Inc? What does HP stand for in stocks?

HP is the stock ticker symbol of Helmerich & Payne Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Helmerich & Payne Inc (HP)?

As of Mon May 13 2024, market cap of Helmerich & Payne Inc is 3.82 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HP stock?

You can check HP's fair value in chart for subscribers.

What is the fair value of HP stock?

You can check HP's fair value in chart for subscribers. The fair value of Helmerich & Payne Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Helmerich & Payne Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Helmerich & Payne Inc a good stock to buy?

The fair value guage provides a quick view whether HP is over valued or under valued. Whether Helmerich & Payne Inc is cheap or expensive depends on the assumptions which impact Helmerich & Payne Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HP.

What is Helmerich & Payne Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, HP's PE ratio (Price to Earnings) is 10.83 and Price to Sales (PS) ratio is 1.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Helmerich & Payne Inc's stock?

In the past 10 years, Helmerich & Payne Inc has provided -0.056 (multiply by 100 for percentage) rate of return.