Helmerich & Payne, Inc. (HP)

NYSE: HP · Real-Time Price · USD
36.43
+1.30 (3.70%)
Oct 11, 2024, 4:00 PM EDT - Market closed
3.70%
Market Cap 3.60B
Revenue (ttm) 2.72B
Net Income (ttm) 341.56M
Shares Out 98.76M
EPS (ttm) 3.44
PE Ratio 10.59
Forward PE 10.94
Dividend $0.25 (0.69%)
Ex-Dividend Date Nov 18, 2024
Volume 1,365,230
Open 35.05
Previous Close 35.13
Day's Range 34.93 - 36.49
52-Week Range 29.46 - 44.80
Beta 1.40
Analysts Hold
Price Target 41.56 (+14.08%)
Earnings Date Nov 13, 2024

About HP

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through North America Solutions, Offshore Gulf of Mexico, and International Solutions segments. The North America Solutions segment drills primarily in Colorado, Louisiana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, 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... [Read more]

Sector Energy
Founded 1920
Employees 7,100
Stock Exchange NYSE
Ticker Symbol HP
Full Company Profile

Financial Performance

In 2023, Helmerich & Payne's revenue was $2.87 billion, an increase of 39.51% compared to the previous year's $2.06 billion. Earnings were $428.24 million, an increase of 7764.78%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for HP stock is "Hold." The 12-month stock price forecast is $41.56, which is an increase of 14.08% from the latest price.

Price Target
$41.56
(14.08% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter 2024 Conference Call and Webcast

TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) fiscal fourth quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, Novem...

2 days ago - Business Wire

Helmerich & Payne, Inc. Announces Pricing of $1.25 Billion Aggregate Principal Amount of Senior Notes

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE:HP) (“H&P” or the “Company”) announced today that it has priced an offering (the “Offering”) of $1.25 billion aggregate principal amount of...

4 weeks ago - Business Wire

Helmerich & Payne, Inc. Announces Private Offering of Senior Notes

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE:HP) (“H&P” or the “Company”) announced today that it intends to offer senior unsecured notes (the “Notes”) in a private placement to person...

4 weeks ago - Business Wire

Helmerich & Payne, Inc. To Participate in Conferences in September 2024

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Kevin Vann, Senior Vice President and Chief Financial Office...

6 weeks ago - Business Wire

Helmerich & Payne, Inc. Announces J. Kevin Vann as New Chief Financial Officer

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced the hiring of J. Kevin Vann as the Chief Financial Officer Designate, effective August 5, 2024. Vann will be appointed...

2 months ago - Business Wire

Helmerich & Payne, Inc. (HP) Q3 2024 Earnings and Acquisition of KCA Deutag Call Transcript

Helmerich & Payne, Inc. (NYSE:HP) Q3 2024 Earnings and Acquisition of KCA Deutag Call July 25, 2024 11:00 AM ET Company Participants Dave Wilson – Vice President-Investor Relations John Lindsay – Pre...

2 months ago - Seeking Alpha

Helmerich & Payne to buy KCA Deutag for $1.97 billion

Oilfield services firm Helmerich & Payne Inc said on Thursday it will acquire KCA Deutag International for $1.97 billion in cash.

2 months ago - Reuters

Helmerich & Payne Announces Agreement to Acquire KCA Deutag

TULSA, Okla. & ABERDEEN, Scotland--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) (“H&P” or the “Company”) and KCA Deutag International Limited (“KCA Deutag”) today announced a definitive agreeme...

2 months ago - Business Wire

JCPenney Introduces Sweetest Collaboration Yet in Exclusive Collection with HARIBO®

PLANO, Texas--(BUSINESS WIRE)-- #JCPenney--JCPenney x HARIBO is JCPenney's sweetest collaboration yet.

Other symbols: BURU
2 months ago - Business Wire

Introducing Sabrina Carpenter's Newest Fragrance: Cherry Baby

NEW YORK--(BUSINESS WIRE)--Multi-hyphenate singer, songwriter, and actress, Sabrina Carpenter shares the expansion of her Sweet Tooth collection with her third fragrance, Cherry Baby, in continued par...

Other symbols: BURU
2 months ago - Business Wire

Helmerich & Payne, Inc. Announces Fiscal Third Quarter Results

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) reported net income of $89 million, or $0.88 per diluted share, from operating revenues of $698 million for the quarter ended June 30,...

2 months ago - Business Wire

Helmerich & Payne, Inc. Announces Fiscal Third Quarter 2024 Conference Call and Webcast

TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) fiscal third quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, July 2...

3 months ago - Business Wire

Helmerich & Payne, Inc. To Participate in J.P. Morgan 2024 Energy, Power and Renewables Conference

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Office...

4 months ago - Business Wire

Helmerich & Payne, Inc. (HP) Q2 2024 Earnings Call Transcript

Helmerich & Payne, Inc. (HP) Q2 2024 Earnings Call Transcript

6 months ago - Seeking Alpha

Helmerich & Payne, Inc. Announces Fiscal Second Quarter Results

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) reported net income of $85 million, or $0.84 per diluted share, from operating revenues of $688 million for the quarter ended March 31...

6 months ago - Business Wire

Helmerich & Payne, Inc. Announces Fiscal Second Quarter 2024 Conference Call and Webcast

TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) second quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, April 25, 20...

6 months ago - Business Wire

Helmerich & Payne, Inc. To Participate in Conferences in March 2024

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice President of Digital Opera...

7 months ago - Business Wire

Helmerich & Payne, Inc. Announces Retirement of Mark W. Smith, CFO

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark W. Smith, Senior Vice President and Chief Financial Officer, has informed the Company of his intention to re...

8 months ago - Business Wire

Helmerich & Payne, Inc. To Participate in the 2024 THRIVE Energy Conference in February 2024

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Office...

8 months ago - Business Wire

Buffett's Berkshire Hathaway Trimmed Positions in HP, Apple, and Paramount Global in Q4

Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) sold off about 10 million shares or nearly $2 billion of Apple (AAPL) stock in the final quarter of 2023, according to the firm's 13-F filing, among ...

Other symbols: AAPLPARAPARAA
8 months ago - Investopedia

Helmerich & Payne, Inc. Announces Finalization of Contractual Terms with Saudi Aramco for Recent 7-rig Unconventional Gas Award

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (the “Company” or “H&P”) (NYSE: HP) today announced that the Company and Saudi Aramco have finalized the contractual terms related to a recent 7-...

8 months ago - Business Wire

Helmerich & Payne, Inc. (HP) Q1 2024 Earnings Call Transcript

Helmerich & Payne, Inc. (HP) Q1 2024 Earnings Call Transcript

9 months ago - Seeking Alpha

Helmerich & Payne, Inc. Announces Fiscal First Quarter Results

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) reported net income of $95 million, or $0.94 per diluted share, from operating revenues of $677 million for the quarter ended December...

9 months ago - Business Wire

Helmerich & Payne: A Case For A Second Half Rally

Helmerich & Payne, Inc. is trading just below the support line at $33.83, making it a potential entry point for investors. Analysts have a median price target of $45.00 for Helmerich & Payne, but EPS ...

9 months ago - Seeking Alpha

Helmerich & Payne, Inc. Announces Fiscal First Quarter 2024 Conference Call and Webcast

TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) first quarter 2024 earnings release, you are invited to listen to its conference call on Tuesday, January 30, 20...

9 months ago - Business Wire