helmerich & payne inc. - HP

HP

Close Chg Chg %
33.74 0.69 2.03%

Pre-Market

34.43

+0.69 (2.03%)

Volume: 1.30M

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: helmerich & payne inc. - HP

HP Key Data

Open

$34.07

Day Range

33.73 - 35.26

52 Week Range

29.46 - 44.05

Market Cap

$3.40B

Shares Outstanding

98.76M

Public Float

95.16M

Beta

1.39

Rev. Per Employee

N/A

P/E Ratio

10.05

EPS

$3.43

Yield

487.95%

Dividend

$0.25

EX-DIVIDEND DATE

Nov 18, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.37M

 

HP Performance

1 Week
 
1.71%
 
1 Month
 
-0.17%
 
3 Months
 
2.93%
 
1 Year
 
-8.46%
 
5 Years
 
-11.72%
 

HP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 19
Full Ratings ➔

About helmerich & payne inc. - HP

Helmerich & Payne, Inc. engages in the provision of drilling solutions and technologies. It operates through the following segments: North America Solutions, Offshore Gulf of Mexico, International Solutions, and Other. The North America Solutions segment focuses on the operation of the AC drive drilling rig fleet. The Offshore Gulf of Mexico segment offers management contract services to customer platforms where the customer owns the drilling rig. The International Solutions segment includes Argentina, Colombia, Bahrain, and United Arab Emirates. The Other segment includes an incubator program for research and development projects. The company was founded by Walter Hugo Helmerich II and William Payne in 1920 and is headquartered in Tulsa, OK.

HP At a Glance

Helmerich & Payne, Inc.
222 North Detroit Avenue
Tulsa, Oklahoma 74120
Phone 1-918-742-5531 Revenue 2.76B
Industry Contract Drilling Net Income 339.44M
Sector Industrial Services Employees 7,000
Fiscal Year-end 09 / 2025
View SEC Filings

HP Valuation

P/E Current 9.844
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 8.878
Price to Sales Ratio 1.093
Price to Book Ratio 1.03
Price to Cash Flow Ratio 4.402
Enterprise Value to EBITDA 5.102
Enterprise Value to Sales 1.557
Total Debt to Enterprise Value 0.433

HP Efficiency

Revenue/Employee 393,801.00
Income Per Employee 48,491.286
Receivables Turnover 6.514
Total Asset Turnover 0.535

HP Liquidity

Current Ratio 2.648
Quick Ratio 2.385
Cash Ratio 1.296

HP Profitability

Gross Margin 26.484
Operating Margin 16.114
Pretax Margin 17.45
Net Margin 12.314
Return on Assets 6.586
Return on Equity 11.933
Return on Total Capital 7.107
Return on Invested Capital 8.363

HP Capital Structure

Total Debt to Total Equity 63.724
Total Debt to Total Capital 38.921
Total Debt to Total Assets 31.676
Long-Term Debt to Equity 63.141
Long-Term Debt to Total Capital 38.566
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Helmerich & Payne Inc. - HP

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.22B 2.06B 2.87B 2.76B
Sales Growth
-31.31% +68.96% +39.51% -4.03%
Cost of Goods Sold (COGS) incl D&A
1.37B 1.83B 2.10B 2.03B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
419.73M 403.17M 382.31M 397.34M
Depreciation
412.53M 395.97M 375.71M 390.94M
Amortization of Intangibles
7.20M 7.20M 6.60M 6.40M
COGS Growth
-17.45% +33.26% +14.60% -3.29%
Gross Income
(153.60M) 230.45M 776.93M 730.05M
Gross Income Growth
-237.41% +250.03% +237.14% -6.03%
Gross Profit Margin
-12.60% +11.19% +27.05% +26.48%
2021 2022 2023 2024 5-year trend
SG&A Expense
193.92M 208.93M 236.70M 285.84M
Research & Development
21.72M 26.56M 30.05M 40.97M
Other SG&A
172.19M 182.37M 206.66M 244.88M
SGA Growth
+2.52% +7.74% +13.29% +20.76%
Other Operating Expense
- - - -
-
Unusual Expense
76.78M 65.28M 12.10M 14.98M
EBIT after Unusual Expense
(424.29M) (43.77M) 528.13M 429.23M
Non Operating Income/Expense
7.07M 93.89M 82.53M 80.88M
Non-Operating Interest Income
10.25M 18.09M 28.39M 41.17M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
23.95M 19.20M 17.28M 29.09M
Interest Expense Growth
-2.12% -19.84% -10.00% +68.33%
Gross Interest Expense
23.95M 19.20M 17.28M 29.09M
Interest Capitalized
- - - -
-
Pretax Income
(441.18M) 30.92M 593.38M 481.02M
Pretax Income Growth
+30.69% +107.01% +1,819.20% -18.94%
Pretax Margin
-36.20% +1.50% +20.66% +17.45%
Income Tax
(103.72M) 24.37M 159.28M 136.85M
Income Tax - Current - Domestic
(14.74M) 42.15M 166.80M 152.29M
Income Tax - Current - Foreign
772.00K 10.70M 12.88M 7.76M
Income Tax - Deferred - Domestic
(93.86M) (27.18M) (19.15M) (21.09M)
Income Tax - Deferred - Foreign
4.11M (1.31M) (1.25M) (2.10M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
(1.35M) (1.51M) (5.86M) (4.73M)
Consolidated Net Income
(338.81M) 5.04M 428.24M 339.44M
Minority Interest Expense
- - - -
-
Net Income
(338.81M) 5.04M 428.24M 339.44M
Net Income Growth
+32.11% +101.49% +8,390.03% -20.74%
Net Margin Growth
-27.80% +0.24% +14.91% +12.31%
Extraordinaries & Discontinued Operations
- - 11.31M 401.00K
-
Discontinued Operations
- - 11.31M 401.00K
-
Net Income After Extraordinaries
(327.50M) 5.44M 428.24M 339.44M
Preferred Dividends
- - - -
-
Net Income Available to Common
(327.50M) 5.45M 428.24M 339.44M
EPS (Basic)
-3.0375 0.0514 4.1801 3.4336
EPS (Basic) Growth
+34.01% +101.69% +8,032.49% -17.86%
Basic Shares Outstanding
107.82M 105.89M 102.45M 98.86M
EPS (Diluted)
-3.0375 0.0511 4.1637 3.4264
EPS (Diluted) Growth
+34.01% +101.68% +8,048.14% -17.71%
Diluted Shares Outstanding
107.82M 106.56M 102.85M 99.07M
EBITDA
72.21M 424.69M 922.54M 841.55M
EBITDA Growth
-82.08% +488.12% +117.23% -8.78%
EBITDA Margin
+5.93% +20.63% +32.12% +30.53%

Snapshot

Average Recommendation HOLD Average Target Price 41.154
Number of Ratings 19 Current Quarters Estimate 0.697
FY Report Date 12 / 2024 Current Year's Estimate 3.14
Last Quarter’s Earnings 0.76 Median PE on CY Estimate N/A
Year Ago Earnings 3.50 Next Fiscal Year Estimate 3.726
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 14 14 17 13
Mean Estimate 0.70 0.75 3.14 3.73
High Estimates 0.90 0.88 3.73 4.16
Low Estimate 0.42 0.59 2.49 3.06
Coefficient of Variance 17.10 11.15 10.05 8.66

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 5 5
OVERWEIGHT 3 3 3
HOLD 11 10 10
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Hold Overweight Overweight

Insider Actions for Helmerich & Payne Inc. - HP

Date Name Shares Transaction Value
May 17, 2024 Cara M. Hair SVP, CORP. SERVICES & CLO 137,256 Bona fide gift 0.00
May 1, 2024 Mark W. Smith SENIOR VP AND CFO 144,870 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $40.49 per share 5,865,786.30
Mar 5, 2024 Michael Lennox SVP, US LAND OPS, DRILLING SUB 100,322 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.81 per share 3,893,496.82
Mar 5, 2024 Michael Lennox SVP, US LAND OPS, DRILLING SUB 102,646 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.51 per share 3,952,897.46
Dec 15, 2023 Raymond John Adams SVP SALES, MARKETING & DIGITAL 79,690 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.94 per share 2,864,058.60
Dec 15, 2023 John W. Lindsay PRESIDENT AND CEO; Director 607,362 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.94 per share 21,828,590.28
Dec 15, 2023 Raymond John Adams SVP SALES, MARKETING & DIGITAL 82,317 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.94 per share 2,958,472.98
Dec 15, 2023 Sara M. Momper VP, CAO 19,513 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.99 per share 702,272.87
Dec 15, 2023 Sara M. Momper VP, CAO 19,897 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.94 per share 715,098.18
Dec 15, 2023 Sara M. Momper VP, CAO 20,221 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.94 per share 726,742.74
Dec 15, 2023 Michael Lennox SVP, US LAND OPS, DRILLING SUB 108,368 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.99 per share 3,900,164.32
Dec 15, 2023 Cara M. Hair SVP, CORP. SERVICES & CLO 141,986 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.99 per share 5,110,076.14
Dec 15, 2023 Cara M. Hair SVP, CORP. SERVICES & CLO 145,580 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.94 per share 5,232,145.20
Dec 15, 2023 John R. Bell SVP, INT L & OFFSHORE OPS, SUB 158,629 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.99 per share 5,709,057.71
Dec 15, 2023 John R. Bell SVP, INT L & OFFSHORE OPS, SUB 161,808 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.94 per share 5,815,379.52
Dec 15, 2023 John R. Bell SVP, INT L & OFFSHORE OPS, SUB 165,043 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.94 per share 5,931,645.42
Dec 15, 2023 Mark W. Smith SENIOR VP AND CFO 153,315 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.99 per share 5,517,806.85
Dec 15, 2023 Mark W. Smith SENIOR VP AND CFO 156,985 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.94 per share 5,642,040.90
Dec 15, 2023 Raymond John Adams SVP SALES, MARKETING & DIGITAL 77,108 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.99 per share 2,775,116.92
Dec 15, 2023 John W. Lindsay PRESIDENT AND CEO; Director 580,335 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $35.99 per share 20,886,256.65

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