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

42.43USD+0.11 (+0.26%)Market Closed

Market Summary

HP
USD42.43+0.11
Market Closed
0.26%

HP Stock Price

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HP RSI Chart

HP Valuation

Market Cap

4.2B

Price/Earnings (Trailing)

9.7

Price/Sales (Trailing)

1.48

EV/EBITDA

4.59

Price/Free Cashflow

10.83

HP Price/Sales (Trailing)

HP Profitability

EBT Margin

20.83%

Return on Equity

15.66%

Return on Assets

9.77%

Free Cashflow Yield

9.24%

HP Fundamentals

HP Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

-5.9%

Rev. Growth (Qtr)

2.66%

HP Earnings

Earnings (TTM)

432.1M

Earnings Growth (Yr)

-2.03%

Earnings Growth (Qtr)

22.61%

Breaking Down HP Revenue

Last 7 days

2.7%

Last 30 days

2.5%

Last 90 days

20.3%

Trailing 12 Months

14.1%

How does HP drawdown profile look like?

HP Financial Health

Current Ratio

2.11

Debt/Equity

0.2

Debt/Cashflow

1.51

HP Investor Care

Dividend Yield

2.43%

Dividend/Share (TTM)

1

Buy Backs (1Y)

5.42%

Diluted EPS (TTM)

4.19

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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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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.

Russell 2000 Index
Very Expensive Stocks
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Tracking the Latest Insider Buys and Sells of Helmerich & Payne Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
cramton kevin g.
acquired
-
-
4,675
-
Feb 28, 2024
petrie thomas a.
acquired
-
-
4,675
-
Feb 28, 2024
mas jose ramon
acquired
-
-
4,675
-
Feb 28, 2024
helmerich hans
acquired
-
-
7,012
-
Jan 11, 2024
momper sara marie
acquired
-
-
2,297
vp, cao
Jan 11, 2024
smith mark w.
acquired
-
-
16,268
senior vp and cfo

1–10 of 50

Which funds bought or sold HP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
reduced
-15.74
-154,587
7,005,090
0.11%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-1.61
256,600
2,056,730
0.04%
Apr 23, 2024
Gradient Investments LLC
sold off
-100
-833
-
-%
Apr 23, 2024
REGIONS FINANCIAL CORP
added
0.91
195,395
1,332,380
0.01%
Apr 23, 2024
Global Retirement Partners, LLC
added
0.61
4,516
20,871
-%
Apr 23, 2024
FIFTH THIRD BANCORP
reduced
-1.04
162,556
1,252,130
-%
Apr 23, 2024
WETZEL INVESTMENT ADVISORS, INC.
unchanged
-
117
4,117
-%
Apr 23, 2024
AMALGAMATED BANK
reduced
-16.32
-39,000
1,318,000
0.01%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
added
13.22
786,301
3,284,740
-%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
-303,641
1,851,490
0.01%

1–10 of 47

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
Mar 04, 2024
4
Insider Trading
Mar 01, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
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
480.3B
344.6B
6.63% 2.38%
13.34
1.39
-16.70% -35.40%
303.9B
200.9B
5.29% -5.04%
14.22
1.51
-18.40% -39.75%
59.2B
28.9B
5.61% 7.38%
12.61
2.05
-22.04% -64.70%
15.9B
6.6B
2.69% 12.54%
10.22
2.39
-17.41% -56.98%
11.9B
8.7B
2.61% 7.38%
4.9
1.36
-25.73% -50.99%
MID-CAP
8.5B
2.2B
10.15% 42.39%
17.6
3.86
-62.59% -77.29%
4.2B
2.8B
2.54% 14.07%
9.7
1.48
19.47% 177.97%
3.7B
3.4B
5.94% 53.51%
2.13
1.07
172.35% 1311.12%
2.8B
1.7B
0.34% -14.77%
13.14
1.65
-26.01% -5.75%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
289.7M
307.6M
16.98% 4.99%
0.74
0.94
-32.91% 578.62%
166.2M
186.7M
-30.16% 80.93%
-3.58
0.89
-27.21% 56.92%
86.2M
220.8M
-8.07% -26.71%
-28.29
0.39
-38.52% -116.44%
75.2M
2.7B
13.76% -21.15%
354.73
0.03
-18.46% -93.92%
27.2M
23.9M
18.14% 3.70%
-10.01
1.14
-21.86% -149.09%

Helmerich & Payne Inc News

Latest updates
Simply Wall St • 8 hours ago
Yahoo Canada Shine On • 20 Apr 2024 • 03:56 am
CNN • 12 Mar 2024 • 05:39 pm
The Motley Fool • 2 months ago

Helmerich & Payne Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.7%677660724769720631550468410344332296246208317634615649688721741
Costs and Expenses-2.2%5545665755945755555174904524414104573402843751,152583610856626686
  S&GA Expenses0.9%57.0056.0049.0053.0048.0047.0045.0047.0044.0052.0042.0039.0039.0033.0043.0042.0050.0050.0047.0044.0055.00
EBITDA Margin0.8%0.35*0.35*0.34*0.32*0.27*0.22*0.16*0.13*-------------
Interest Expenses0.2%4.004.004.004.004.004.004.004.006.006.006.006.006.006.006.006.006.008.006.006.005.00
Income Taxes-14.2%30.0035.0041.0051.0032.0028.002.003.00-7.60-25.33-23.66-36.60-18.11-23.21-17.58-11314.00-13.13-32.0025.001.00
Earnings Before Taxes10.6%12511313621513073.0019.00-1.95-58.90-93.55-80.36-159-96.04-83.90-63.58-53345.0029.00-18697.0010.00
EBT Margin0.8%0.21*0.21*0.19*0.16*0.09*0.02*-0.08*-0.15*-------------
Net Income22.6%95.0078.0095.0016497.0046.0018.00-4.98-51.36-79.16-55.55-121-70.43-58.96-45.60-42031.0041.00-15461.0019.00
Net Income Margin1.0%0.15*0.15*0.14*0.12*0.07*0.00*-0.07*-0.12*-------------
Free Cashflow-62.0%38.0010119255.0089.0041.0027.00-37.85-------------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.9%4,4214,3824,3414,3664,4124,3564,3234,3344,3925,0344,4954,5884,7274,8304,9625,1775,8425,8405,8976,1456,144
  Current Assets-1.8%9891,0079931,0041,0791,0039469189551,5879849799539639911,1201,1551,1151,1161,0481,043
    Cash Equivalents-16.7%214257221160229232189202234918371427374537426336355383335244228
  Inventory7.6%10194.0010199.0091.0088.0086.0084.0087.0084.0091.0097.0099.00104113112149150150162160
  Net PPE1.7%2,9702,9222,9332,9312,9422,9612,9873,0223,0663,1273,2813,3743,5523,6463,7543,8404,4124,5024,5844,8874,900
  Goodwill0%46.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0083.0083.0068.0068.0068.00
  Current Liabilities11.9%469419433414470395401378399866265252228219242377419410391374386
  Long Term Debt0.0%545545545543543543542542542542481482481481480480479479492491491
    LT Debt, Current----------483-----------
    LT Debt, Non Current0.0%545545545543543543542542542542481482481481480480479479492491491
Shareholder's Equity-0.4%2,7602,7722,7082,7562,7452,7652,7332,7342,7772,9133,0083,0843,2253,3193,3963,4613,9764,0124,0954,3194,326
  Retained Earnings1.3%2,7442,7082,6552,6082,4942,4742,4552,4642,4952,5732,6802,7632,9113,0103,0963,1693,6663,7143,7513,9803,997
  Additional Paid-In Capital-3.6%507525517509513528521515515530523517512522515510499510502493484
Shares Outstanding-0.8%99.0099.0099.00103105105106105108108108108---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-18.6%174,798214,682292,746140,879185,375117,27297,74522,614-3,71846,61931,01978,406-19,60492,628213,611120,861111,781196,380250,353199,536209,482
  Share Based Compensation-10.5%7,6728,5728,1807,4318,2736,8187,0517,9456,2186,6186,9636,8267,4514,27011,10710,75110,2018,8258,8789,4317,158
Cashflow From Investing14.0%-113,067-131,540-71,838-37,037-82,169-44,169-77,825-592-44,729-42,242-59,4374,888-65,203-861-40,074-23,915-23,035-48,675-81,368-105,863-186,730
Cashflow From Financing-102.0%-98,728-48,877-151,838-162,597-100,557-26,683-26,707-45,305-635,610510,467-28,345-27,312-29,287-31,244-77,532-111,042-77,402-133,840-77,986-78,156-86,347
  Dividend Payments-13.5%42,29448,87749,63851,17751,76426,69326,69526,68727,32027,31527,58527,31226,91827,21177,23478,28877,60278,36378,47878,45878,122
  Buy Backs5266.4%47,654888103,221106,70839,060--16,64160,358----5.00-4.0028,504-42,779---

HP Income Statement

2023-12-31
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
OPERATING REVENUES  
Drilling services$ 674,565$ 717,170
Other2,5822,467
Total operating revenues677,147719,637
OPERATING COSTS AND EXPENSES  
Drilling services operating expenses, excluding depreciation and amortization403,303428,251
Other operating expenses1,1371,126
Depreciation and amortization93,99196,655
Research and development8,6086,933
Selling, general and administrative56,57748,455
Asset impairment charges012,097
Gain on reimbursement of drilling equipment(7,494)(15,724)
Other gain on sale of assets2,4432,379
Total operating costs and expenses553,679575,414
OPERATING INCOME123,468144,223
Other income (expense)  
Interest and dividend income10,7344,705
Interest expense(4,372)(4,355)
Loss on investment securities(4,034)(15,091)
Other(543)58
Total unallocated amounts1,785(14,683)
Income before income taxes125,253129,540
Income tax expense30,08032,395
NET INCOME$ 95,173$ 97,145
Basic earnings per common share  
Net income (loss) (in dollars per share)$ 0.95$ 0.92
Diluted earnings per common share:  
Net income (in dollars per share)$ 0.94$ 0.91
Weighted average shares outstanding:  
Basic (in shares)99,143105,248
Diluted (in shares)99,628106,104

HP Balance Sheet

2023-12-31
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Sep. 30, 2023
Current Assets:  
Cash and cash equivalents$ 214,104$ 257,174
Restricted cash65,13759,064
Short-term investments84,12193,600
Accounts receivable, net of allowance of $3,948 and $2,688, respectively435,819404,188
Inventories of materials and supplies, net101,41994,227
Prepaid expenses and other, net88,08097,727
Assets held-for-sale0645
Total current assets988,6801,006,625
Investments263,443264,947
Property, plant and equipment, net2,970,3712,921,695
Other Noncurrent Assets:  
Goodwill45,65345,653
Intangible assets, net58,96860,575
Operating lease right-of-use assets62,25450,400
Other assets, net31,95932,061
Total other noncurrent assets198,834188,689
Total assets4,421,3284,381,956
Current Liabilities:  
Accounts payable157,302130,852
Dividends payable41,99325,194
Accrued liabilities269,691262,885
Total current liabilities468,986418,931
Noncurrent Liabilities:  
Long-term debt, net545,292545,144
Deferred income taxes510,015517,809
Other137,389128,129
Total noncurrent liabilities1,192,6961,191,082
Commitments and Contingencies (Note 12)
Shareholders' Equity:  
Common stock, $0.10 par value, 160,000,000 shares authorized, 112,222,865 shares issued as of December 31, 2023 and September 30, 2023, and 98,623,747 and 99,426,526 shares outstanding as of December 31, 2023 and September 30, 2023, respectively11,22211,222
Preferred stock, no par value, 1,000,000 shares authorized, no shares issued00
Additional paid-in capital506,672525,369
Retained earnings2,743,7942,707,715
Accumulated other comprehensive loss(7,847)(7,981)
Treasury stock, at cost, 13,599,118 shares and 12,796,339 shares as of December 31, 2023 and September 30, 2023, respectively(494,195)(464,382)
Total shareholders’ equity2,759,6462,771,943
Total liabilities and shareholders' equity$ 4,421,328$ 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 Tue Apr 23 2024, market cap of Helmerich & Payne Inc is 4.18 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 Tue Apr 23 2024, HP's PE ratio (Price to Earnings) is 9.68 and Price to Sales (PS) ratio is 1.48. 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 -0.05 (multiply by 100 for percentage) rate of return.