Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies.

Company profile
Ticker
HP
Exchange
Website
CEO
John Lindsay
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HELMERICH & PAYNE INC
SEC CIK
Corporate docs
Subsidiaries
4D Directional Services, L.L.C. • Helmerich & Payne (Argentina) Drilling Co • Helmerich & Payne (Boulder) Drilling Co. • Helmerich & Payne (Colombia) Drilling Co. • Helmerich & Payne Corporate Ventures, LLC • Helmerich & Payne del Ecuador, Inc. • Helmerich & Payne Equatorial Guinea, S.A.R.L. • Helmerich & Payne International Drilling Co. • Helmerich & Payne International Holdings, LLC • Helmerich & Payne Management, LLC ...
IRS number
730679879
HP stock data
News

These 5 Dividend Payers Just Got A Lot More Attractive: Passive Income For Investors In The Energy Sector
15 Aug 22
Where Helmerich & Payne Stands With Analysts
1 Aug 22
Morgan Stanley Maintains Underweight on Helmerich & Payne, Raises Price Target to $48
1 Aug 22
Barclays Maintains Overweight on Helmerich & Payne, Raises Price Target to $58
1 Aug 22
Helmerich & Payne's Return On Capital Employed Insights
29 Jul 22
Press releases
Helmerich & Payne, Inc. Announces Third Quarter Results
27 Jul 22
Helmerich & Payne, Inc. Announces Fiscal Third Quarter 2022 Conference Call and Webcast
5 Jul 22
Helmerich & Payne, Inc. To Participate in J.P. Morgan 2022 Energy, Power & Renewables Conference
17 Jun 22
Drillform enters manufacturing agreement with Helmerich & Payne International Drilling
7 Jun 22
Thinking about trading options or stock in NVIDIA, Autodesk, MicroStrategy, Block, or Helmerich & Payne?
27 May 22
Analyst ratings and price targets
Current price
Average target
$49.20
Low target
$38.00
High target
$58.00
Morgan Stanley
Maintains
$48.00
Barclays
Maintains
$58.00
Goldman Sachs
Maintains
$38.00
Citigroup
Maintains
$49.00
Piper Sandler
Maintains
$53.00
Investment data
Securities sold
Number of investors
Calendar
27 Jul 22
18 Aug 22
30 Sep 22
Financial summary
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Diluted EPS |
Annual (USD) | Sep 21 | Sep 20 | Sep 19 | Sep 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 222.59M | 222.59M | 222.59M | 222.59M | 222.59M | 222.59M |
Cash burn (monthly) | 2.26M | 16.61M | (no burn) | 12.72M | (no burn) | (no burn) |
Cash used (since last report) | 3.73M | 27.34M | n/a | 20.95M | n/a | n/a |
Cash remaining | 218.86M | 195.24M | n/a | 201.64M | n/a | n/a |
Runway (months of cash) | 96.7 | 11.8 | n/a | 15.9 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Jun 22 | Raymond John Adams III | Common Stock | Sell | Dispose S | No | Yes | 40 | 1,500 | 60K | 54,399 |
3 Jun 22 | Thomas A. Petrie | Common Stock | Option exercise | Acquire M | No | No | 47.29 | 1,208 | 57.13K | 31,694 |
3 Jun 22 | Thomas A. Petrie | Common Stock Common Stock | Option exercise | Acquire M | No | No | 47.2 | 1,208 | 57.02K | 0 |
3 May 22 | Smith Mark W. | Common Stock | Sell | Dispose S | No | No | 47.4 | 4,450 | 210.93K | 98,107 |
1 May 22 | Smith Mark W. | Common Stock | Payment of exercise | Dispose F | No | No | 46.03 | 377 | 17.35K | 102,557 |
10 Mar 22 | Hair Cara M. | Common Stock | Sell | Dispose S | No | No | 42.32 | 2,200 | 93.1K | 94,930 |
Institutional ownership, Q2 2022
69.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 335 |
Opened positions | 44 |
Closed positions | 58 |
Increased positions | 85 |
Reduced positions | 150 |
13F shares | Current |
---|---|
Total value | 4.22B |
Total shares | 98.11M |
Total puts | 880.5K |
Total calls | 619.11K |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 17.29M | $744.5M |
Vanguard | 11.81M | $508.33M |
State Farm Mutual Automobile Insurance | 8.26M | $355.56M |
Alliancebernstein | 5.82M | $250.46M |
Dimensional Fund Advisors | 4.83M | $207.83M |
STT State Street | 4.21M | $181.35M |
Van Eck Associates | 2.96M | $127.46M |
Nuveen Asset Management | 1.93M | $83.25M |
Boston Trust Walden | 1.81M | $77.94M |
Geode Capital Management | 1.81M | $77.74M |
Content analysis
?Positive | ||
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Readability |
H.S. sophomore Avg
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New words:
biomethane, consulting, consumption, correlation, counsel, COVID, earlier, Holdco, hydrogen, inhibit, judge, judgement, lapse, liquification, lump, momentum, nominal, noncontributory, quantity, ready, Remittitur, reset, slowdown, sum, tight, traditionally
Removed:
advent, annualized, averaged, barrel, built, disinfecting, downturn, dramatic, drilled, evolve, fell, fully, governmental, grow, growing, infection, initially, introduced, length, notification, Ohio, outbreak, periodic, perspective, planned, predicted, progression, protracted, reaching, reside, roughly, sharp, shorter, shut, spacing, stemming, stringent, tighter, world
Financial reports
Current reports
8-K
Helmerich & Payne, Inc. Announces Third Quarter Results
27 Jul 22
8-K
Other Events
31 May 22
8-K
Helmerich & Payne, Inc. Announces Second Quarter Results
27 Apr 22
8-K
Departure of Directors or Certain Officers
2 Mar 22
8-K
Helmerich & Payne, Inc. Announces First Quarter Results
31 Jan 22
8-K
Other Events
10 Dec 21
8-K
Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results
17 Nov 21
8-K
Helmerich & Payne, Inc. Announces Completion of Senior Notes Offering
29 Sep 21
8-K
Helmerich & Payne, Inc. Announces Upsize and Pricing of $550 Million Offering of 2.900% Senior Notes due 2031
28 Sep 21
8-K
Helmerich & Payne, Inc. Announces Private Offering of $500 Million of Senior Notes and Conditional Redemption of 4.65% Senior Notes due 2025
27 Sep 21
Registration and prospectus
424B3
Prospectus supplement
4 May 22
S-4/A
Registration of securities issued in business combination transactions (amended)
29 Apr 22
S-3ASR
Automatic shelf registration
28 Apr 22
S-8
Registration of securities for employees
28 Apr 22
S-8
Registration of securities for employees
13 Mar 20
424B3
Prospectus supplement
15 Feb 19
S-4
Registration of securities issued in business combination transactions
28 Jan 19
S-3ASR
Automatic shelf registration
25 Jan 19
D
$12M in equity, sold $12M, 2 investors
14 Dec 17
Proxies
DEFA14A
Additional proxy soliciting materials
18 Jan 22
DEFA14A
Additional proxy soliciting materials
16 Feb 21
DEFA14A
Additional proxy soliciting materials
19 Jan 21
DEFA14A
Additional proxy soliciting materials
21 Jan 20
DEFA14A
Additional proxy soliciting materials
22 Jan 19
DEF 14A
Definitive proxy
22 Jan 18
Other
EFFECT
Notice of effectiveness
5 May 22
CORRESP
Correspondence with SEC
1 May 22
CORRESP
Correspondence with SEC
26 Apr 22
UPLOAD
Letter from SEC
23 Mar 22
CORRESP
Correspondence with SEC
14 Mar 22
UPLOAD
Letter from SEC
1 Mar 22
CORRESP
Correspondence with SEC
17 Feb 22
CORRESP
Correspondence with SEC
15 Feb 22
UPLOAD
Letter from SEC
31 Jan 22
UPLOAD
Letter from SEC
30 Jan 22
Ownership
4
Helmerich & Payne / Raymond John Adams III ownership change
27 Jun 22
4
Helmerich & Payne / Thomas A. Petrie ownership change
7 Jun 22
4
Helmerich & Payne / Mark W. Smith ownership change
4 May 22
4
Helmerich & Payne / Mark W. Smith ownership change
2 May 22
4
Helmerich & Payne / HANS HELMERICH ownership change
11 Mar 22
4
Helmerich & Payne / Cara M. Hair ownership change
11 Mar 22
4
Helmerich & Payne / JOHN W LINDSAY ownership change
9 Mar 22
4
Helmerich & Payne / Donald F Robillard JR ownership change
4 Mar 22
4
Helmerich & Payne / Mary M VanDeWeghe ownership change
4 Mar 22
4
Helmerich & Payne / JOHN D ZEGLIS ownership change
4 Mar 22
Patents
Utility
Apparatus and Methods for Determining Information from a Well
18 Aug 22
A system for drilling a well may be adapted to process signals received from a fiber optic cable located in the casing of a previously drilled well or wells.
Utility
Apparatus and methods for uninterrupted drilling
16 Aug 22
In at least one embodiment, a control system may include a processor coupled to the database.
Utility
Systems and Methods of Iterative Well Planning for Optimized Results
11 Aug 22
Systems and methods of surface steering control of drilling may be used together with systems and methods for planning one or more wells before drilling, planning a well path during drilling and/or updating that well plan and/or other well plans during the drilling of a well.
Utility
System and method for measuring characteristics of cuttings from drilling operations with computer vision
9 Aug 22
System and method for measuring the characteristics of drill cuttings.
Utility
Apparatus and methods for determining information from a well
2 Aug 22
A system for drilling a well may be adapted to process signals received from a fiber optic cable located in the casing of a previously drilled well or wells.
Transcripts
2022 Q3
Earnings call transcript
28 Jul 22
2022 Q2
Earnings call transcript
28 Apr 22
2022 Q1
Earnings call transcript
1 Feb 22
2021 Q4
Earnings call transcript
18 Nov 21
2021 Q3
Earnings call transcript
29 Jul 21
2021 Q2
Earnings call transcript
30 Apr 21
2021 Q1
Earnings call transcript
10 Feb 21
2020 Q4
Earnings call transcript
20 Nov 20
2020 Q3
Earnings call transcript
29 Jul 20
2020 Q2
Earnings call transcript
1 May 20
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