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Helmerich and Payne Inc Stock Research

HP

42.43USD-0.64(-1.49%)Delayedas of 26 Sep 2023, 03:56 pm
Watchlist

Market Summary

USD42.43-0.64
Delayedas of 26 Sep 2023, 03:56 pm
-1.49%

HP Alerts

HP Stock Price

HP RSI Chart

HP Valuation

Market Cap

4.3B

Price/Earnings (Trailing)

10.65

Price/Sales (Trailing)

1.51

EV/EBITDA

4.25

Price/Free Cashflow

11.31

HP Price/Sales (Trailing)

HP Profitability

EBT Margin

16.31%

Return on Equity

11.77%

Return on Assets

7.43%

Free Cashflow Yield

8.84%

HP Fundamentals

HP Revenue

Revenue (TTM)

2.8B

Revenue Y/Y

31.57%

Revenue Q/Q

-5.88%

HP Earnings

Earnings (TTM)

402.0M

Earnings Y/Y

436.8%

Earnings Q/Q

-41.91%

Price Action

52 Week Range

30.2454.45
(Low)(High)

Last 7 days

-4.9%

Last 30 days

6.8%

Last 90 days

25.6%

Trailing 12 Months

22.5%

HP Financial Health

Current Ratio

2.43

Debt/Equity

0.2

Debt/Cashflow

0.78

HP Investor Care

Dividend Yield

2.32%

Dividend/Share (TTM)

1

Buy Backs (1Y)

5.57%

Diluted EPS (TTM)

3.81

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for HP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-06-30
Killinger Elizabeth R
acquired
-
-
3,394
-
2023-03-01
MAS JOSE RAMON
acquired
-
-
4,197
-
2023-03-01
Chariag Belgacem
acquired
-
-
4,197
-
2023-03-01
ZEGLIS JOHN D
acquired
-
-
4,197
-
2023-03-01
HELMERICH HANS
acquired
-
-
6,296
-
2023-03-01
Cramton Kevin G.
acquired
-
-
4,197
-
2023-03-01
Petrie Thomas A.
acquired
-
-
4,197
-
2023-01-13
Hair Cara M.
sold (taxes)
-393,068
50.64
-7,762
svp, corp. services & clo
2023-01-13
Bell John R.
acquired
-
-
32,371
svp, int'l & offshore ops, sub
2023-01-13
Bell John R.
sold (taxes)
-346,833
50.64
-6,849
svp, int'l & offshore ops, sub

1–10 of 50

Which funds bought or sold HP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Baystate Wealth Management LLC
unchanged
-
6.00
846
-%
2023-09-21
Jefferies Group LLC
reduced
-63.68
-9,854,330
4,464,460
0.04%
2023-09-20
BARCLAYS PLC
added
11.6
504,000
5,210,000
-%
2023-09-12
Farther Finance Advisors, LLC
reduced
-17.31
-335
1,524
-%
2023-08-23
WOLVERINE TRADING, LLC
reduced
-48.48
-327,259
339,741
-%
2023-08-22
COMERICA BANK
sold off
-
-
-
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
sold off
-100
-675,675
-
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
28.29
579,000
2,704,000
0.03%
2023-08-21
OSAIC HOLDINGS, INC.
added
50.55
364,818
1,104,360
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.11
-231,803
4,482,080
0.01%

1–10 of 46

Latest Funds Activity

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

Schedule 13G FIlings of Helmerich and Payne

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 14, 2022
boston partners
0.95%
1,025,039
SC 13G/A
Feb 10, 2022
vanguard group inc
10.92%
11,798,753
SC 13G/A
Feb 02, 2022
state farm mutual automobile insurance co
7.65%
8,257,200
SC 13G/A
Jan 27, 2022
blackrock inc.
16.4%
17,718,102
SC 13G/A
Jan 25, 2022
blackrock inc.
16.4%
17,718,102
SC 13G

Recent SEC filings of Helmerich and Payne

View All Filings
Date Filed Form Type Document
Sep 25, 2023
144
Notice of Insider Sale Intent
Sep 06, 2023
8-K
Current Report
Sep 06, 2023
4
Insider Trading
Jul 26, 2023
8-K
Current Report
Jul 26, 2023
10-Q
Quarterly Report
Jul 05, 2023
8-K
Current Report
Jul 05, 2023
4
Insider Trading
Jul 05, 2023
3
Insider Trading

HP Fair Value

Loading...

Peers (Alternatives to Helmerich and Payne)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
85.0B
31.2B
5.99% 70.97%
21.59
2.73
25.73% 50.31%
72.9B
25.9B
-1.13% 15.83%
8.37
2.81
16.80% 52.54%
60.4B
31.8B
2.13% 8.08%
4.68
1.64
-6.68% -38.20%
52.8B
20.3B
-3.52% 7.92%
9.12
2.6
-14.26% -6.45%
36.9B
22.4B
7.42% 68.00%
14.98
1.65
28.12% 72.02%
MID-CAP
8.2B
8.0B
3.53% 37.22%
19.72
1.02
30.72% 567.42%
7.2B
3.9B
4.08% 94.13%
28.86
1.86
12.88% 50.71%
6.4B
2.7B
8.55% 255.08%
-6.37
2.4
5.94% -59.24%
4.3B
2.8B
6.77% 22.53%
10.65
1.51
60.56% 441.42%
3.1B
4.9B
13.63% 55.80%
5.07
0.64
58.51% 11504.38%
3.0B
3.1B
4.43% 34.71%
8.8
0.99
56.78% 176.56%
SMALL-CAP
1.1B
3.0B
15.22% 32.38%
-39.61
0.38
33.84% 94.24%
60.5M
67.8M
29.92% 27.38%
-3.97
0.89
71.92% 36.06%
40.6M
229.5M
-0.34% -2.36%
-5.16
0.18
76.69% 91.91%

Helmerich and Payne News

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Returns for HP

Cumulative Returns on HP

-0.4%


10-Year Cumulative Returns

0.4%


7-Year Cumulative Returns

-4.7%


5-Year Cumulative Returns

48.8%


3-Year Cumulative Returns

Risks for HP

What is the probability of a big loss on HP?

96.9%


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

88.1%


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

36.5%


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.

Drawdowns

Financials for Helmerich and Payne

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Last 12 Months)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue6.5%2,844,1472,670,4242,368,7992,058,9441,771,4191,553,3991,381,9731,218,5681,083,0281,068,1791,405,6471,773,9272,214,7102,585,3202,672,5492,798,4902,846,2652,807,1632,663,7792,487,2682,322,747
Costs and Expenses2.6%2,299,1792,240,4762,136,6732,013,6521,899,9611,793,0301,759,9101,647,1171,489,9711,455,3392,150,4252,394,1142,720,4463,201,3462,674,8882,777,9082,840,4912,627,2092,580,1352,454,3042,340,219
  S&GA Expenses2.2%197,248192,910187,106182,366187,523184,309176,607172,195152,990154,379157,008167,513184,706188,188189,716194,416196,856202,576207,306199,257183,882
EBITDA-100.0%-845,620635,471453,291280,537186,31133,1922,50131,15153,760-294,276-130,1399,728-80,071561,972------
EBITDA Margin-100.0%-0.32*0.27*0.22*0.16*0.12*0.02*0.00*0.03*0.05*-0.21*-0.07*0.00*-0.03*0.21*------
Interest Expenses-0.3%17,24517,29317,44419,20320,97022,56123,93023,95524,01524,17724,51324,47426,36326,49526,56725,18823,61523,35123,21224,26520,038
Earnings Before Taxes26.8%552,359435,621218,63930,918-146,503-246,072-404,040-441,180-420,222-403,443-777,404-636,498-523,819-646,886-16,070-51,222-60,967128,04625,55615,841-31,102
EBT Margin-100.0%-0.16*0.09*0.02*-0.08*-0.16*-0.29*-0.36*-0.39*-0.38*-0.55*-0.36*-0.24*-0.25*-0.01*------
Net Income23.9%402,017324,476155,4606,953-117,747-191,054-307,081-326,150-305,952-295,996-595,533-494,497-394,357-503,441-22,010-33,656-72,38074,2951,525482,672457,687
Net Income Margin-100.0%-0.12*0.07*0.00*-0.07*-0.12*-0.22*-0.27*-0.28*-0.28*-0.42*-0.28*-0.18*-0.19*-0.01*------
Free Cashflow-100.0%-213,380120,099-16,981-44,673-59,35140,14954,292113,441287,813298,737398,086466,841456,641449,721------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.6%4,3414,3664,4124,3564,3234,3344,3925,0344,4954,5884,7274,8304,9625,1775,8425,8405,8976,1456,1446,2156,266
  Current Assets-1.2%9931,0041,0791,0039469189551,5879849799539639911,1201,1551,1151,1161,0481,0431,1161,133
    Cash Equivalents38.2%221160229232189202234918371427374488426336355383335244228326306
  Inventory1.9%10199.0091.0088.0086.0084.0087.0084.0091.0097.0099.00104113112149150150162160158152
  Net PPE0.0%2,9332,9312,9422,9612,9873,0223,0663,1273,2813,3743,5523,6463,7543,8404,4124,5024,5844,8874,9004,8574,883
  Goodwill0.1%46.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0046.0083.0083.0068.0068.0068.0065.0069.00
  Current Liabilities4.8%433414470395401378399866265252228219242377419410391374386377382
    LT Debt, Current--------483-------------
    LT Debt, Non Current0.4%545543543543542542542542481482481481480480479479492491491494494
Shareholder's Equity-1.7%2,7082,7562,7452,7652,7332,7342,7772,9133,0083,0843,2253,3193,3963,4613,9764,0124,0954,3194,3264,3834,442
  Retained Earnings1.8%2,6552,6082,4942,4742,4552,4642,4952,5732,6802,7632,9113,0103,0963,1693,6663,7143,7513,9803,9974,0284,103
  Additional Paid-In Capital1.6%517509513528521515515530523517512522515510499510502493484500495
Shares Outstanding-3.1%99.00103105105105105108108108108108107107109109108109109109109109
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations36.0%73654142323416397.00152136182365407539643679758856846759688558502
  Share Based Compensation3.8%31.0030.0030.0028.0028.0028.0027.0028.0026.0030.0034.0036.0041.0039.0037.0034.0034.0033.0032.0032.0030.00
Cashflow From Investing2.5%-235-241-204-167-165-147-141-161-120-101-130-87.88-135-176-258-422-504-538-530-472-438
Cashflow From Financing-39.5%-441-316-199-734-197-198-180426-116-165-249-297-399-400-367-376-320-322-323-319-318
  Dividend Payments14.7%179156132107108109110109109159210260311313313313313312310308307
  Buy Backs70.8%24914656.0077.0077.0077.0060.00-0.000.0029.0029.0095.0095.00-43.00-----

HP Income Statement

2023-06-30
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING REVENUES    
Drilling services$ 721,567$ 547,906$ 2,205,419$ 1,420,810
Other2,3892,3277,3966,802
Total operating revenues723,956550,2332,212,8151,427,612
OPERATING COSTS AND EXPENSES    
Drilling services operating expenses, excluding depreciation and amortization429,182376,2101,306,5431,015,621
Other operating expenses1,0031,0533,3173,416
Depreciation and amortization94,811100,741287,721304,115
Research and development7,0856,51122,72019,425
Selling, general and administrative49,27144,933150,581135,699
Asset impairment charges0012,0974,363
Restructuring charges0330838
Gain on reimbursement of drilling equipment(10,642)(9,895)(37,940)(21,597)
Other (gain) loss on sale of assets(4,504)3,0753942,762
Total operating costs and expenses575,214516,5111,744,6451,459,118
OPERATING INCOME (LOSS) FROM CONTINUING OPERATIONS148,74233,722468,170(31,506)
Other income (expense)    
Interest and dividend income10,7485,31320,50811,301
Interest expense(4,324)(4,372)(12,918)(14,876)
Gain (loss) on investment securities(18,538)(14,310)6,12355,684
Loss on extinguishment of debt000(60,083)
Other(685)(1,148)(2,088)(2,166)
Total unallocated amounts(12,799)(14,517)11,625(10,140)
Income (loss) from continuing operations before income taxes135,94319,205479,795(41,646)
Income tax expense (benefit)40,6631,730124,187(3,166)
Income (loss) from continuing operations95,28017,475355,608(38,480)
Income (loss) from discontinued operations before income taxes13277870(106)
Income tax expense0000
Income (loss) from discontinued operations13277870(106)
NET INCOME (LOSS)$ 95,293$ 17,752$ 356,478$ (38,586)
Basic earnings (loss) per common share:    
Income (loss) from continuing operations (in dollars per share)$ 0.93$ 0.16$ 3.39$ (0.37)
Income from discontinued operations (in dollars per share)000.010
Net income (loss) (in dollars per share)0.930.163.40(0.37)
Diluted earnings (loss) per common share:    
Income (loss) from continuing operations (in dollars per share)0.930.163.38(0.37)
Income from discontinued operations (in dollars per share)000.010
Net income (loss) (in dollars per share)$ 0.93$ 0.16$ 3.39$ (0.37)
Weighted average shares outstanding:    
Basic (in shares)101,163105,289103,464106,092
Diluted (in shares)101,550106,021103,852106,092

HP Balance Sheet

2023-06-30
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Sep. 30, 2022
Current Assets:  
Cash and cash equivalents$ 220,609$ 232,131
Restricted cash61,36436,246
Short-term investments72,609117,101
Accounts receivable, net of allowance of $4,983 and $2,975, respectively449,588458,713
Inventories of materials and supplies, net101,29987,957
Prepaid expenses and other, net86,37166,463
Assets held-for-sale9884,333
Total current assets992,8281,002,944
Investments246,059218,981
Property, plant and equipment, net2,932,5932,960,809
Other Noncurrent Assets:  
Goodwill45,65345,653
Intangible assets, net62,18367,154
Operating lease right-of-use assets36,97239,064
Other assets, net24,52820,926
Total other noncurrent assets169,336172,797
Total assets4,340,8164,355,531
Current Liabilities:  
Accounts payable151,671126,966
Dividends payable48,87826,693
Accrued liabilities232,947241,151
Total current liabilities433,496394,810
Noncurrent Liabilities:  
Long-term debt, net544,996542,610
Deferred income taxes541,424537,712
Other112,819114,927
Total noncurrent liabilities1,199,2391,195,249
Commitments and Contingencies (Note 12)
Shareholders' Equity:  
Common stock, $0.10 par value, 160,000,000 shares authorized, 112,222,865 shares issued as of June 30, 2023 and September 30, 2022, and 99,426,526 and 105,293,662 shares outstanding as of June 30, 2023 and September 30, 2022, respectively11,22211,222
Preferred stock, no par value, 1,000,000 shares authorized, no shares issued00
Additional paid-in capital517,259528,278
Retained earnings2,655,2872,473,572
Accumulated other comprehensive loss(11,305)(12,072)
Treasury stock, at cost, 12,796,339 shares and 6,929,203 shares as of June 30, 2023 and September 30, 2022, respectively(464,382)(235,528)
Total shareholders’ equity2,708,0812,765,472
Total liabilities and shareholders' equity$ 4,340,816$ 4,355,531
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.