HP RSI Chart
Last 7 days
2.7%
Last 30 days
2.5%
Last 90 days
20.3%
Trailing 12 Months
14.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold HP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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% |
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 | 480.3B | 344.6B | 13.34 | 1.39 | ||||
CVX | 303.9B | 200.9B | 14.22 | 1.51 | ||||
OXY | 59.2B | 28.9B | 12.61 | 2.05 | ||||
MRO | 15.9B | 6.6B | 10.22 | 2.39 | ||||
CHK | 11.9B | 8.7B | 4.9 | 1.36 | ||||
MID-CAP | ||||||||
RRC | 8.5B | 2.2B | 17.6 | 3.86 | ||||
HP | 4.2B | 2.8B | 9.7 | 1.48 | ||||
CNX | 3.7B | 3.4B | 2.13 | 1.07 | ||||
KOS | 2.8B | 1.7B | 13.14 | 1.65 | ||||
CPE | 2.4B | 2.1B | 5.93 | 1.13 | ||||
SMALL-CAP | ||||||||
AMPY | 289.7M | 307.6M | 0.74 | 0.94 | ||||
AMTX | 166.2M | 186.7M | -3.58 | 0.89 | ||||
BATL | 86.2M | 220.8M | -28.29 | 0.39 | ||||
AE | 75.2M | 2.7B | 354.73 | 0.03 | ||||
BRN | 27.2M | 23.9M | -10.01 | 1.14 |
Helmerich & Payne Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.7% | 677 | 660 | 724 | 769 | 720 | 631 | 550 | 468 | 410 | 344 | 332 | 296 | 246 | 208 | 317 | 634 | 615 | 649 | 688 | 721 | 741 |
Costs and Expenses | -2.2% | 554 | 566 | 575 | 594 | 575 | 555 | 517 | 490 | 452 | 441 | 410 | 457 | 340 | 284 | 375 | 1,152 | 583 | 610 | 856 | 626 | 686 |
S&GA Expenses | 0.9% | 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 | 55.00 |
EBITDA Margin | 0.8% | 0.35* | 0.35* | 0.34* | 0.32* | 0.27* | 0.22* | 0.16* | 0.13* | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | 0.2% | 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 | 5.00 |
Income Taxes | -14.2% | 30.00 | 35.00 | 41.00 | 51.00 | 32.00 | 28.00 | 2.00 | 3.00 | -7.60 | -25.33 | -23.66 | -36.60 | -18.11 | -23.21 | -17.58 | -113 | 14.00 | -13.13 | -32.00 | 25.00 | 1.00 |
Earnings Before Taxes | 10.6% | 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 | 10.00 |
EBT Margin | 0.8% | 0.21* | 0.21* | 0.19* | 0.16* | 0.09* | 0.02* | -0.08* | -0.15* | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 22.6% | 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 | 19.00 |
Net Income Margin | 1.0% | 0.15* | 0.15* | 0.14* | 0.12* | 0.07* | 0.00* | -0.07* | -0.12* | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | -62.0% | 38.00 | 101 | 192 | 55.00 | 89.00 | 41.00 | 27.00 | -37.85 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.9% | 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 | 6,144 |
Current Assets | -1.8% | 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 | 1,043 |
Cash Equivalents | -16.7% | 214 | 257 | 221 | 160 | 229 | 232 | 189 | 202 | 234 | 918 | 371 | 427 | 374 | 537 | 426 | 336 | 355 | 383 | 335 | 244 | 228 |
Inventory | 7.6% | 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 | 160 |
Net PPE | 1.7% | 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 | 4,900 |
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 | 83.00 | 83.00 | 68.00 | 68.00 | 68.00 |
Current Liabilities | 11.9% | 469 | 419 | 433 | 414 | 470 | 395 | 401 | 378 | 399 | 866 | 265 | 252 | 228 | 219 | 242 | 377 | 419 | 410 | 391 | 374 | 386 |
Long Term Debt | 0.0% | 545 | 545 | 545 | 543 | 543 | 543 | 542 | 542 | 542 | 542 | 481 | 482 | 481 | 481 | 480 | 480 | 479 | 479 | 492 | 491 | 491 |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | 483 | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | 0.0% | 545 | 545 | 545 | 543 | 543 | 543 | 542 | 542 | 542 | 542 | 481 | 482 | 481 | 481 | 480 | 480 | 479 | 479 | 492 | 491 | 491 |
Shareholder's Equity | -0.4% | 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 | 4,326 |
Retained Earnings | 1.3% | 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 | 3,997 |
Additional Paid-In Capital | -3.6% | 507 | 525 | 517 | 509 | 513 | 528 | 521 | 515 | 515 | 530 | 523 | 517 | 512 | 522 | 515 | 510 | 499 | 510 | 502 | 493 | 484 |
Shares Outstanding | -0.8% | 99.00 | 99.00 | 99.00 | 103 | 105 | 105 | 106 | 105 | 108 | 108 | 108 | 108 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 3,700 | - | - | - | 4,500 | - | - | - | 2,910 | - | - | - | - | - | - | - | 1,680 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -18.6% | 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 | 209,482 |
Share Based Compensation | -10.5% | 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 | 7,158 |
Cashflow From Investing | 14.0% | -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 | -186,730 |
Cashflow From Financing | -102.0% | -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 | -86,347 |
Dividend Payments | -13.5% | 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 | 78,122 |
Buy Backs | 5266.4% | 47,654 | 888 | 103,221 | 106,708 | 39,060 | - | - | 16,641 | 60,358 | - | - | - | - | 5.00 | -4.00 | 28,504 | - | 42,779 | - | - | - |
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 |
Other | 2,582 | 2,467 |
Total operating revenues | 677,147 | 719,637 |
OPERATING COSTS AND EXPENSES | ||
Drilling services operating expenses, excluding depreciation and amortization | 403,303 | 428,251 |
Other operating expenses | 1,137 | 1,126 |
Depreciation and amortization | 93,991 | 96,655 |
Research and development | 8,608 | 6,933 |
Selling, general and administrative | 56,577 | 48,455 |
Asset impairment charges | 0 | 12,097 |
Gain on reimbursement of drilling equipment | (7,494) | (15,724) |
Other gain on sale of assets | 2,443 | 2,379 |
Total operating costs and expenses | 553,679 | 575,414 |
OPERATING INCOME | 123,468 | 144,223 |
Other income (expense) | ||
Interest and dividend income | 10,734 | 4,705 |
Interest expense | (4,372) | (4,355) |
Loss on investment securities | (4,034) | (15,091) |
Other | (543) | 58 |
Total unallocated amounts | 1,785 | (14,683) |
Income before income taxes | 125,253 | 129,540 |
Income tax expense | 30,080 | 32,395 |
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) | 99,143 | 105,248 |
Diluted (in shares) | 99,628 | 106,104 |
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 cash | 65,137 | 59,064 |
Short-term investments | 84,121 | 93,600 |
Accounts receivable, net of allowance of $3,948 and $2,688, respectively | 435,819 | 404,188 |
Inventories of materials and supplies, net | 101,419 | 94,227 |
Prepaid expenses and other, net | 88,080 | 97,727 |
Assets held-for-sale | 0 | 645 |
Total current assets | 988,680 | 1,006,625 |
Investments | 263,443 | 264,947 |
Property, plant and equipment, net | 2,970,371 | 2,921,695 |
Other Noncurrent Assets: | ||
Goodwill | 45,653 | 45,653 |
Intangible assets, net | 58,968 | 60,575 |
Operating lease right-of-use assets | 62,254 | 50,400 |
Other assets, net | 31,959 | 32,061 |
Total other noncurrent assets | 198,834 | 188,689 |
Total assets | 4,421,328 | 4,381,956 |
Current Liabilities: | ||
Accounts payable | 157,302 | 130,852 |
Dividends payable | 41,993 | 25,194 |
Accrued liabilities | 269,691 | 262,885 |
Total current liabilities | 468,986 | 418,931 |
Noncurrent Liabilities: | ||
Long-term debt, net | 545,292 | 545,144 |
Deferred income taxes | 510,015 | 517,809 |
Other | 137,389 | 128,129 |
Total noncurrent liabilities | 1,192,696 | 1,191,082 |
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, respectively | 11,222 | 11,222 |
Preferred stock, no par value, 1,000,000 shares authorized, no shares issued | 0 | 0 |
Additional paid-in capital | 506,672 | 525,369 |
Retained earnings | 2,743,794 | 2,707,715 |
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’ equity | 2,759,646 | 2,771,943 |
Total liabilities and shareholders' equity | $ 4,421,328 | $ 4,381,956 |
 | Mr. John W. Lindsay |
---|---|
 | hpinc.com |
 | Oil - E&P |
 | 8000 |