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HP

49.63USD+0.94(+1.93%)Delayedas of 29 Nov 2022, 11:48 am

Helmerich and Payne Inc

Market Summary

USD49.63+0.94Delayedas of 29 Nov 2022, 11:48 am
1.93%

HP Alerts

HP Stock Price

RSI Chart

Valuation

Market Cap

5.2B

Price/Earnings

-44.07

Price/Sales

2.93

Price/Cashflow

31.78

MarketCap/EBT

-35.42

Price/Sales

Profitability

EBT Margin

-8.27%

Return on Equity

-4.31%

Return on Assets

-2.72%

Fundamentals

Revenue

Revenue (TTM)

2.1B

Revenue Y/Y

83.63%

Revenue Q/Q

14.74%

Earnings

Earnings (TTM)

7.0M

Earnings Y/Y

157.53%

Earnings Q/Q

156.53%

Price Action

52 Week Range

20.3454.45
(Low)(High)

Last 7 days

-5.0%

Last 30 days

-0.3%

Last 90 days

15.7%

Trailing 12 Months

114.1%

Financial Health

Current Ratio

2.36

Debt/Equity

0.2

Debt/Cashflow

0.3

Investor Care

Dividend Yield

2.03%

Dividend/Share (TTM)

1

Buy Backs (1Y)

2.41%

Diluted EPS (TTM)

0.05

Peers (Alternatives to Helmerich and Payne)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.3B
22.2B
2.21% 70.07%
13.73
3.53
70.19% 203.78%
71.5B
26.4B
-1.13% 69.80%
24.03
2.71
18.89% 79.99%
66.9B
36.8B
-5.03% 131.25%
6.09
1.96
69.86% 4049.24%
61.4B
24.8B
-4.70% 43.81%
8.62
2.47
81.49% 409.80%
32.5B
19.0B
-0.19% 67.13%
18.68
1.71
33.23% 337.19%
MID-CAP
8.5B
6.7B
0.93% 75.95%
770.61
1.27
25.25% 101.97%
5.7B
3.6B
5.42% 49.16%
43.34
1.55
23.09% 69.11%
5.2B
2.1B
-0.27% 114.11%
-44.07
2.93
68.96% 102.13%
3.8B
2.3B
-1.16% 141.34%
-8.3
1.92
109.25% 23.04%
3.0B
3.6B
0.06% 72.04%
15.62
0.83
76.43% 218.96%
2.6B
2.6B
7.18% 28.48%
-4.04
1.01
-1.33% -43.90%
SMALL-CAP
1.6B
2.4B
-13.19% 75.43%
-4.05
0.65
27.49% 29.97%
56.1M
155.0M
-6.07% 26.89%
-0.58
0.43
113.18% -28.01%
45.5M
-
7.85% -11.21%
-1.83
1.56
-71.32% 17.71%
9.8M
-
-12.03% -82.75%
-0.25
0.1
- -

Financials for Helmerich and Payne

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue16.2%2,0591,7711,5531,3821,219
  S&GA Expenses-2.8%182188184177172
Earnings Before Taxes121.1%31-146.50-246.07-404.04-441.18
Net Income105.9%7-117.75-191.05-307.08-326.15
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.8%4,3564,3234,3344,3925,034
  Current Assets6.0%1,0039469189551,587
    Cash Equivalents23.0%232189202234918
  Inventory2.2%8886848784
  Net PPE-0.9%2,9612,9873,0223,0663,127
  Goodwill0%4646464646
  Current Liabilities-1.6%395401378399866
  Long Term Debt0.1%5435425425421,025
    LT Debt, CurrentNaN%----483
    LT Debt, Non Current0.1%543542542542542
Shareholder's Equity1.2%2,7652,7332,7342,7772,913
  Retained Earnings0.8%2,4742,4552,4642,4952,573
  Additional Paid-In Capital1.3%521515515530-
Accumulated Depreciation1.9%4,5174,4314,3464,2774,226
Shares Outstanding0.0%105105105106108
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations43.3%23416397152136
  Share Based Compensation0.7%2828282728
Cashflow From Investing-1.2%-167.31-165.39-147.00-141.52-161.99
Cashflow From Financing-272.5%-734.30-197.15-198.79-180.80426
  Dividend Payments-0.8%108109110109
  Buy Backs0%777777600
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on HP?

91.2%


Probability that Helmerich and Payne stock will be more than 20% underwater in next one year

77.7%


Probability that Helmerich and Payne stock will be more than 30% underwater in next one year.

29.6%


Probability that Helmerich and Payne stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Helmerich and Payne was unfortunately bought at previous high price.

Returns

Cumulative Returns on HP

3.8%


10-Year Cumulative Returns

2.5%


7-Year Cumulative Returns

2.0%


5-Year Cumulative Returns

12.9%


3-Year Cumulative Returns

What are the long-term rolling returns for HP?

FIve years rolling returns for Helmerich and Payne.

Which funds bought or sold HP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,199,000
1,199,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.36
-945,000
4,900,000
0.01%
2022-11-18
CastleArk Alternatives, LLC
UNCHANGED
-
-54,000
327,000
2.80%
2022-11-17
M&T Bank Corp
REDUCED
-9.3
-100,000
351,000
-%
2022-11-16
CoreFirst Bank & Trust
SOLD OFF
-100
-4,000
-
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
5.85
-50,000
504,000
-%
2022-11-16
GLENMEDE TRUST CO NA
REDUCED
-10.57
-3,158,000
10,439,000
0.07%
2022-11-16
Neo Ivy Capital Management
REDUCED
-37.63
-4,000
4,000
0.01%
2022-11-15
Balyasny Asset Management LLC
ADDED
31.98
508,000
4,320,000
0.01%
2022-11-15
JANE STREET GROUP, LLC
ADDED
340.26
786,000
1,069,000
-%

1–10 of 45

Latest Funds Activity

Are funds buying HP calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own HP

Helmerich and Payne News

Nasdaq

ExxonMobil (XOM) to Stop Crude Production in Equatorial Guinea.3 hours ago

HP Fair Value

Helmerich and Payne fair value in different scenarios

The table shows the Fair Value estimates for Helmerich and Payne for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

0.19

-99.62%

0.97

-98.05%

2.36

-95.24%

3.73

-92.48%

6.45

-87.00%

Current Inflation

0.18

-99.64%

0.88

-98.23%

2.10

-95.77%

3.30

-93.35%

5.68

-88.56%

Very High Inflation

0.16

-99.68%

0.77

-98.45%

1.80

-96.37%

2.81

-94.34%

4.78

-90.37%

Historical Helmerich and Payne Fair Value Estimates


Recent SEC filings of Helmerich and Payne

View All Filings
Date Filed Form Type Document
Nov 17, 2022
10-K
Annual Report
Nov 16, 2022
8-K
Current Report
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Oct 27, 2022
4
Insider Trading

Latest Insider Trading transactions for HP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-07
LINDSAY JOHN W
SOLD
-630,120
52.51
-12,000
PRESIDENT AND CEO
2022-11-04
Adams Raymond John III
SOLD FOR TAXES
-30,523.9
50.62
-603
SVP SALES, MARKETING & DIGITAL
2022-11-04
Hair Cara M.
SOLD FOR TAXES
-58,466.1
50.62
-1,155
SVP, CORP. SERVICES & CLO
2022-11-04
LINDSAY JOHN W
SOLD FOR TAXES
-347,203
50.62
-6,859
PRESIDENT AND CEO
2022-11-04
Lennox Michael
SOLD FOR TAXES
-47,835.9
50.62
-945
SVP, US LAND OPS, DRILLING SUB
2022-11-04
Bell John R.
SOLD FOR TAXES
-53,454.7
50.62
-1,056
SVP, INT'L & OFFSHORE OPS, SUB
2022-11-04
Momper Sara Marie
SOLD FOR TAXES
-12,908.1
50.62
-255
VP, CAO
2022-11-04
Smith Mark W.
SOLD FOR TAXES
-82,055
50.62
-1,621
SENIOR VP AND CFO
2022-10-26
Bell John R.
SOLD
-215,700
50
-4,314
SVP, INT'L & OFFSHORE OPS, SUB
2022-09-14
Adams Raymond John III
SOLD
-71,250
47.5
-1,500
SVP SALES, MARKETING & DIGITAL

1–10 of 50

John W. Lindsay
5440
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. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. 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, 2021, the company operated a fleet of 236 land rigs in North America; 30 international land rigs; and 7 offshore platform rigs. It also owns, develops, and operates commercial real estate properties. The company's real estate investments include a shopping center comprising approximately 390,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.

HP Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
OPERATING REVENUES   
Drilling services$ 2,049,841$ 1,210,800$ 1,761,714
Other9,1037,76812,213
Total operating revenues2,058,9441,218,5681,773,927
OPERATING COSTS AND EXPENSES   
Drilling services operating expenses, excluding depreciation and amortization1,426,589952,6001,184,788
Other operating expenses4,6385,1385,777
Depreciation and amortization403,170419,726481,885
Research and development26,56321,72421,645
Selling, general and administrative182,366172,195167,513
Asset impairment charges4,36370,850563,234
Restructuring charges8385,92616,047
Gain on reimbursement of drilling equipment(29,443)(12,322)(26,959)
Other (gain) loss on sale of assets(5,432)11,280(19,816)
Total operating costs and expenses2,013,6521,647,1172,394,114
OPERATING INCOME (LOSS) FROM CONTINUING OPERATIONS45,292(428,549)(620,187)
Other income (expense)   
Interest and dividend income18,09010,2547,304
Interest expense(19,203)(23,955)(24,474)
Gain (loss) on investment securities57,9376,727(8,720)
Gain on sale of subsidiary0014,963
Loss on extinguishment of debt(60,083)00
Other(11,115)(5,657)(5,384)
Total unallocated amounts(14,374)(12,631)(16,311)
Income (loss) from continuing operations before income taxes30,918(441,180)(636,498)
Income tax expense (benefit)24,366(103,721)(140,106)
Income (loss) from continuing operations6,552(337,459)(496,392)
Income from discontinued operations before income taxes40111,30930,580
Income tax provision0028,685
Income from discontinued operations40111,3091,895
NET INCOME (LOSS)$ 6,953$ (326,150)$ (494,497)
Basic earnings (loss) per common share:   
Income (loss) from continuing operations (in dollars per share)$ 0.05$ (3.14)$ (4.62)
Income from discontinued operations (in dollars per share)00.100.02
Net income (loss) (in dollars per share)0.05(3.04)(4.60)
Diluted earnings (loss) per common share:   
Income (loss) from continuing operations (in dollars per share)0.05(3.14)(4.62)
Income from discontinued operations (in dollars per share)00.100.02
Net income (loss) (in dollars per share)$ 0.05$ (3.04)$ (4.60)
Weighted average shares outstanding:   
Basic (in shares)105,891107,818108,009
Diluted (in shares)106,555107,818108,009

HP Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Sep. 30, 2021
Current Assets:  
Cash and cash equivalents$ 232,131$ 917,534
Restricted cash36,24618,350
Short-term investments117,101198,700
Accounts receivable, net of allowance of $2,975 and $2,068, respectively458,713228,894
Inventories of materials and supplies, net87,95784,057
Prepaid expenses and other, net66,46367,578
Assets held-for-sale4,33371,453
Total current assets1,002,9441,586,566
Investments218,981135,444
Property, plant and equipment, net2,960,8093,127,287
Other Noncurrent Assets:  
Goodwill45,65345,653
Intangible assets, net67,15473,838
Operating lease right-of-use assets39,06449,187
Other assets, net20,92616,153
Total other noncurrent assets172,797184,831
Total assets4,355,5315,034,128
Current Liabilities:  
Accounts payable126,96671,996
Dividends payable26,69327,332
Current portion of long-term debt, net0483,486
Accrued liabilities241,151283,492
Total current liabilities394,810866,306
Noncurrent Liabilities:  
Long-term debt, net542,610541,997
Deferred income taxes537,712563,437
Other113,387147,757
Noncurrent liabilities - discontinued operations1,5402,013
Total noncurrent liabilities1,195,2491,255,204
Commitments and Contingencies (Note 16)
Shareholders' Equity:  
Common stock, $0.10 par value, 160,000,000 shares authorized, 112,222,865 shares issued as of September 30, 2022 and 2021, and 105,293,662 and 107,898,859 shares outstanding as of September 30, 2022 and 2021, respectively11,22211,222
Preferred stock, no par value, 1,000,000 shares authorized, no shares issued00
Additional paid-in capital528,278529,903
Retained earnings2,473,5722,573,375
Accumulated other comprehensive loss(12,072)(20,244)
Treasury stock, at cost, 6,929,203 shares and 4,324,006 shares as of September 30, 2022 and 2021, respectively(235,528)(181,638)
Total shareholders’ equity2,765,4722,912,618
Total liabilities and shareholders' equity$ 4,355,531$ 5,034,128
Common stock, shares issued (in shares)112,222,865112,222,865