HP RSI Chart
Last 7 days
0.7%
Last 30 days
-7.3%
Last 90 days
6.2%
Trailing 12 Months
24.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.7B | 0 | 0 | 0 |
2023 | 2.7B | 2.8B | 2.9B | 2.8B |
2022 | 1.6B | 1.8B | 2.1B | 2.4B |
2021 | 1.1B | 1.1B | 1.2B | 1.4B |
2020 | 2.6B | 2.2B | 1.8B | 1.4B |
2019 | 2.8B | 2.8B | 2.8B | 2.7B |
2018 | 2.2B | 2.3B | 2.5B | 2.7B |
2017 | 1.5B | 1.6B | 1.8B | 2.0B |
2016 | 2.1B | 1.8B | 1.6B | 1.5B |
2015 | 3.9B | 3.6B | 3.2B | 2.6B |
2014 | 3.5B | 3.6B | 3.7B | 3.9B |
2013 | 3.3B | 3.4B | 3.4B | 3.4B |
2012 | 2.8B | 3.0B | 3.2B | 3.3B |
2011 | 2.2B | 2.4B | 2.5B | 2.7B |
2010 | 1.6B | 1.7B | 1.9B | 2.1B |
2009 | 1.9B | 1.9B | 1.9B | 1.6B |
2008 | 0 | 1.7B | 1.9B | 1.9B |
2007 | 0 | 0 | 1.6B | 0 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Which funds bought or sold HP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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% |
Unveiling Helmerich & Payne Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Helmerich & Payne Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
XOM | 464.9B | 341.1B | 14.17 | 1.36 | ||||
CVX | 303.9B | 198.9B | 14.97 | 1.53 | ||||
OXY | 55.8B | 27.7B | 12.91 | 2.02 | ||||
MRO | 15.0B | 6.6B | 10.45 | 2.26 | ||||
CHK | 11.6B | 6.4B | 10.97 | 1.8 | ||||
MID-CAP | ||||||||
RRC | 8.6B | 2.2B | 17.87 | 3.92 | ||||
HP | 3.8B | 2.7B | 10.83 | 1.39 | ||||
CNX | 3.7B | 2.5B | 3.6 | 1.44 | ||||
KOS | 2.8B | 1.7B | 12.77 | 1.64 | ||||
CPE | 2.4B | 2.1B | 5.93 | 1.13 | ||||
SMALL-CAP | ||||||||
AMPY | 246.0M | 304.0M | 8.04 | 0.81 | ||||
AMTX | 178.0M | 257.2M | -4.02 | 0.69 | ||||
BATL | 92.3M | 220.8M | -30.29 | 0.42 | ||||
AE | 70.2M | 2.8B | 41 | 0.03 | ||||
BRN | 26.7M | 23.9M | -9.83 | 1.12 |
Helmerich & Payne Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 1.6% | 688 | 677 | 660 | 724 | 769 | 720 | 631 | 550 | 468 | 410 | 344 | 332 | 296 | 246 | 208 | 317 | 634 | 615 | 649 | 688 | 721 |
Costs and Expenses | 4.3% | 577 | 554 | 566 | 575 | 594 | 575 | 555 | 517 | 490 | 452 | 441 | 410 | 457 | 340 | 284 | 375 | 1,152 | 583 | 610 | 856 | 626 |
S&GA Expenses | 9.7% | 62.00 | 57.00 | 56.00 | 49.00 | 53.00 | 48.00 | 47.00 | 45.00 | 47.00 | 44.00 | 52.00 | 42.00 | 39.00 | 39.00 | 33.00 | 43.00 | 42.00 | 50.00 | 50.00 | 47.00 | 44.00 |
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% | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 8.00 | 6.00 | 6.00 |
Income Taxes | 7.0% | 32.00 | 30.00 | 35.00 | 41.00 | 51.00 | 32.00 | 28.00 | 2.00 | 3.00 | -7.57 | -25.31 | -23.70 | -36.60 | -18.11 | -23.24 | -17.60 | -113 | 14.00 | -13.11 | -32.03 | 25.00 |
Earnings Before Taxes | -6.6% | 117 | 125 | 113 | 136 | 215 | 130 | 73.00 | 19.00 | -1.95 | -58.90 | -93.55 | -80.36 | -159 | -96.04 | -83.90 | -63.58 | -533 | 45.00 | 29.00 | -186 | 97.00 |
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% | 85.00 | 95.00 | 78.00 | 95.00 | 164 | 97.00 | 46.00 | 18.00 | -4.98 | -51.36 | -79.16 | -55.55 | -121 | -70.43 | -58.96 | -45.60 | -420 | 31.00 | 41.00 | -154 | 61.00 |
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% | 25.00 | 38.00 | 101 | 192 | 55.00 | 89.00 | 41.00 | 27.00 | -37.85 | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.1% | 4,425 | 4,421 | 4,382 | 4,341 | 4,366 | 4,412 | 4,356 | 4,323 | 4,334 | 4,392 | 5,034 | 4,495 | 4,588 | 4,727 | 4,830 | 4,962 | 5,177 | 5,842 | 5,840 | 5,897 | 6,145 |
Current Assets | -4.0% | 949 | 989 | 1,007 | 993 | 1,004 | 1,079 | 1,003 | 946 | 918 | 955 | 1,587 | 984 | 979 | 953 | 963 | 991 | 1,120 | 1,155 | 1,115 | 1,116 | 1,048 |
Cash Equivalents | -9.6% | 194 | 214 | 257 | 221 | 160 | 229 | 232 | 189 | 202 | 234 | 918 | 371 | 427 | 374 | 537 | 426 | 336 | 355 | 383 | 335 | 244 |
Inventory | 5.7% | 107 | 101 | 94.00 | 101 | 99.00 | 91.00 | 88.00 | 86.00 | 84.00 | 87.00 | 84.00 | 91.00 | 97.00 | 99.00 | 104 | 113 | 112 | 149 | 150 | 150 | 162 |
Net PPE | 0.8% | 2,994 | 2,970 | 2,922 | 2,933 | 2,931 | 2,942 | 2,961 | 2,987 | 3,022 | 3,066 | 3,127 | 3,281 | 3,374 | 3,552 | 3,646 | 3,754 | 3,840 | 4,412 | 4,502 | 4,584 | 4,887 |
Goodwill | 0% | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 83.00 | 83.00 | 68.00 | 68.00 |
Current Liabilities | -6.4% | 439 | 469 | 419 | 433 | 414 | 470 | 395 | 401 | 378 | 399 | 866 | 265 | 252 | 228 | 219 | 242 | 377 | 419 | 410 | 391 | 374 |
Long Term Debt | 0.0% | 545 | 545 | 545 | 545 | 543 | 543 | 543 | 542 | 542 | 542 | 542 | 481 | 482 | 481 | 481 | 480 | 480 | 479 | 479 | 492 | 491 |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | 483 | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | 0.0% | 545 | 545 | 545 | 545 | 543 | 543 | 543 | 542 | 542 | 542 | 542 | 481 | 482 | 481 | 481 | 480 | 480 | 479 | 479 | 492 | 491 |
Shareholder's Equity | 1.6% | 2,803 | 2,760 | 2,772 | 2,708 | 2,756 | 2,745 | 2,765 | 2,733 | 2,734 | 2,777 | 2,913 | 3,008 | 3,084 | 3,225 | 3,319 | 3,396 | 3,461 | 3,976 | 4,012 | 4,095 | 4,319 |
Retained Earnings | 1.6% | 2,786 | 2,744 | 2,708 | 2,655 | 2,608 | 2,494 | 2,474 | 2,455 | 2,464 | 2,495 | 2,573 | 2,680 | 2,763 | 2,911 | 3,010 | 3,096 | 3,169 | 3,666 | 3,714 | 3,751 | 3,980 |
Additional Paid-In Capital | -0.8% | 503 | 507 | 525 | 517 | 509 | 513 | 528 | 521 | 515 | 515 | 530 | 523 | 517 | 512 | 522 | 515 | 510 | 499 | 510 | 502 | 493 |
Accumulated Depreciation | - | 4,741 | - | 4,627 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding | 0.1% | 99.00 | 99.00 | 99.00 | 99.00 | 105 | 105 | 105 | 106 | 106 | 108 | 108 | 108 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | 3,700 | - | - | - | 4,500 | - | - | - | 2,910 | - | - | - | - | - | - | - | 1,680 |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -17.8% | 143,719 | 174,798 | 214,682 | 292,746 | 140,879 | 185,375 | 117,272 | 97,745 | 22,614 | -3,718 | 46,619 | 31,019 | 78,406 | -19,604 | 92,628 | 213,611 | 120,861 | 111,781 | 196,380 | 250,353 | 199,536 |
Share Based Compensation | 9.9% | 8,429 | 7,672 | 8,572 | 8,180 | 7,431 | 8,273 | 6,818 | 7,051 | 7,945 | 6,218 | 6,618 | 6,963 | 6,826 | 7,451 | 4,270 | 11,107 | 10,751 | 10,201 | 8,825 | 8,878 | 9,431 |
Cashflow From Investing | 1.5% | -111,406 | -113,067 | -131,540 | -71,838 | -37,037 | -82,169 | -44,169 | -77,825 | -592 | -44,729 | -42,242 | -59,437 | 4,888 | -65,203 | -861 | -40,074 | -23,915 | -23,035 | -48,675 | -81,368 | -105,863 |
Cashflow From Financing | 50.0% | -49,371 | -98,728 | -48,877 | -151,838 | -162,597 | -100,557 | -26,683 | -26,707 | -45,305 | -635,610 | 510,467 | -28,345 | -27,312 | -29,287 | -31,244 | -77,532 | -111,042 | -77,402 | -133,840 | -77,986 | -78,156 |
Dividend Payments | -0.5% | 42,077 | 42,294 | 48,877 | 49,638 | 51,177 | 51,764 | 26,693 | 26,695 | 26,687 | 27,320 | 27,315 | 27,585 | 27,312 | 26,918 | 27,211 | 77,234 | 78,288 | 77,602 | 78,363 | 78,478 | 78,458 |
Buy Backs | -91.7% | 3,977 | 47,654 | 888 | 103,221 | 106,708 | 39,060 | - | - | 16,641 | 60,358 | - | - | - | - | 1.00 | - | 28,504 | - | 42,779 | - | - |
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands | 3 Months Ended | 6 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 |
Other | 2,812,000 | 2,540,000 | 5,394,000 | 5,007,000 |
Total operating revenues | 687,943,000 | 769,222,000 | 1,365,090,000 | 1,488,859,000 |
OPERATING COSTS AND EXPENSES | ||||
Drilling services operating expenses, excluding depreciation and amortization | 401,851,000 | 449,110,000 | 805,154,000 | 877,361,000 |
Other operating expenses | 1,026,000 | 1,188,000 | 2,163,000 | 2,314,000 |
Depreciation and amortization | 104,545,000 | 96,255,000 | 198,536,000 | 192,910,000 |
Research and development | 12,942,000 | 8,702,000 | 21,550,000 | 15,635,000 |
Selling, general and administrative | 62,037,000 | 52,855,000 | 118,614,000 | 101,310,000 |
Asset impairment charges | 0 | 0 | 0 | 12,097,000 |
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) | 2,519,000 | 12,000 | 4,898,000 |
Total operating costs and expenses | 577,371,000 | 594,017,000 | 1,131,050,000 | 1,169,431,000 |
OPERATING INCOME | 110,572,000 | 175,205,000 | 234,040,000 | 319,428,000 |
Other income (expense) | ||||
Interest and dividend income | 6,567,000 | 5,055,000 | 17,301,000 | 9,760,000 |
Interest expense | (4,261,000) | (4,239,000) | (8,633,000) | (8,594,000) |
Gain (loss) on investment securities | 3,747,000 | 39,752,000 | (287,000) | 24,661,000 |
Other | 400,000 | (604,000) | (143,000) | (546,000) |
Total unallocated amounts | 6,453,000 | 39,964,000 | 8,238,000 | 25,281,000 |
Income before income taxes | 117,025,000 | 215,169,000 | 242,278,000 | 344,709,000 |
Income tax expense | 32,194,000 | 51,129,000 | 62,274,000 | 83,524,000 |
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) | 98,774 | 103,968 | 98,960 | 104,615 |
Diluted (in shares) | 99,046 | 104,363 | 99,216 | 105,003 |
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 cash | 68,547 | 59,064 |
Short-term investments | 83,390 | 93,600 |
Accounts receivable, net of allowance of $2,769 and $2,688, respectively | 431,681 | 404,188 |
Inventories of materials and supplies, net | 107,210 | 94,227 |
Prepaid expenses and other, net | 64,316 | 97,727 |
Assets held-for-sale | 0 | 645 |
Total current assets | 948,780 | 1,006,625 |
Investments | 274,446 | 264,947 |
Property, plant and equipment, net | 2,993,825 | 2,921,695 |
Other Noncurrent Assets: | ||
Goodwill | 45,653 | 45,653 |
Intangible assets, net | 57,360 | 60,575 |
Operating lease right-of-use assets | 59,730 | 50,400 |
Other assets, net | 45,054 | 32,061 |
Total other noncurrent assets | 207,797 | 188,689 |
Total assets | 4,424,848 | 4,381,956 |
Current Liabilities: | ||
Accounts payable | 158,296 | 130,852 |
Dividends payable | 42,047 | 25,194 |
Accrued liabilities | 238,494 | 262,885 |
Total current liabilities | 438,837 | 418,931 |
Noncurrent Liabilities: | ||
Long-term debt, net | 545,441 | 545,144 |
Deferred income taxes | 502,088 | 517,809 |
Other | 135,408 | 128,129 |
Total noncurrent liabilities | 1,182,937 | 1,191,082 |
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, respectively | 11,222 | 11,222 |
Preferred stock, no par value, 1,000,000 shares authorized, no shares issued | 0 | 0 |
Additional paid-in capital | 502,586 | 525,369 |
Retained earnings | 2,786,495 | 2,707,715 |
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’ equity | 2,803,074 | 2,771,943 |
Total liabilities and shareholders' equity | $ 4,424,848 | $ 4,381,956 |
 | Mr. John W. Lindsay |
---|---|
 | hpinc.com |
 | Oil - E&P |
 | 8000 |