Recent Insider Transactions • Aug 19
Insider recently sold €426k worth of stock On the 17th of August, Cara Hair sold around 11k shares on-market at roughly €38.22 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.5m more than they bought in the last 12 months. Upcoming Dividend • Aug 11
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 18 August 2026. Payment date: 01 September 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.2%). Reported Earnings • Aug 07
Third quarter 2026 earnings released: EPS: US$0.76 (vs US$1.64 loss in 3Q 2025) Third quarter 2026 results: EPS: US$0.76 (up from US$1.64 loss in 3Q 2025). Revenue: US$1.03b (flat on 3Q 2025). Net income: US$75.7m (up US$238.8m from 3Q 2025). Profit margin: 7.3% (up from net loss in 3Q 2025). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 16
Helmerich & Payne, Inc. to Report Q3, 2026 Results on Aug 06, 2026 Helmerich & Payne, Inc. announced that they will report Q3, 2026 results on Aug 06, 2026 Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. CEO, President & Director Trey Adams was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jun 08
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 18th August 2026 Payment date: 1st September 2026 Dividend yield will be 2.8%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Aankondiging • Jun 04
Helmerich & Payne, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on September 1, 2026 The Directors of Helmerich & Payne, Inc. (the " Company "), at a Board of Directors meeting held on June 3, 2026, declared a quarterly cash dividend of $0.25 per share on the Company's common stock, payable on September 1, 2026, to stockholders of record at the close of business August 18, 2026. Recent Insider Transactions • May 20
Insider recently sold €1.0m worth of stock On the 18th of May, Cara Hair sold around 28k shares on-market at roughly €35.61 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.9m. Insiders have been net sellers, collectively disposing of €5.0m more than they bought in the last 12 months. Aankondiging • Apr 15
Helmerich & Payne, Inc. to Report Q2, 2026 Results on May 07, 2026 Helmerich & Payne, Inc. announced that they will report Q2, 2026 results on May 07, 2026 Aankondiging • Jan 24
Helmerich & Payne, Inc., Annual General Meeting, Mar 04, 2026 Helmerich & Payne, Inc., Annual General Meeting, Mar 04, 2026. Aankondiging • Oct 10
Helmerich & Payne, Inc. to Report Q4, 2025 Results on Nov 18, 2025 Helmerich & Payne, Inc. announced that they will report Q4, 2025 results During-Market on Nov 18, 2025 Aankondiging • Sep 30
Helmerich & Payne, Inc. Announces Executive Appointments, Effective October 1, 2025 Helmerich & Payne, Inc. announced an enhanced leadership structure with three important promotions. Effective Oct. 1, 2025, Raymond John Adams III has been promoted to President, leading all the company’s revenue-generating business units. Senior executives reporting to Adams will be: Mike Lennox, who has been promoted to Executive Vice President (EVP) of Western Hemisphere Land operations; John Bell, who has been promoted to EVP of Eastern Hemisphere Land operations; Ole Maier, Senior Vice President (SVP) for Worldwide Offshore operations; Rebecca Clarke, SVP and President of BENTEC. Adams will become only the 5President in the Company’s 105-year history. After joining in 2008, he has worked across nearly every part of the business, leading efforts to blend drilling know-how with technology solutions that deliver win-win results. As President of a global company, Adams will divide his time between North America, the U.K. and the Middle East, with an early focus on embedding H&P’s capabilities into Middle East markets. Lennox, now EVP of Western Hemisphere land operations, joined H&P in 2008 and brings unmatched operational expertise and proven leadership. He has guided H&P’s largest business segment while setting high standards for safety, performance, and culture. He has also built strong, long-standing customer relationships and advanced strategic initiatives that strengthened H&P’s competitive position. Most recently, he has overseen the integration of H&P and KCAD operations in South America while ensuring ongoing strength and consistency across North America Solutions. Bell, now EVP of Eastern Hemisphere land operations, joined H&P in 1998 and brings a proven track record of global growth and innovation. He pioneered H&P’s FlexRig® operations in the Middle East, played a central role in the KCAD acquisition, and led successful entries into Saudi Arabia and Australia by creating new partnership models tailored to customer needs. Recognized for both his commercial creativity and operational expertise, Bell is well-positioned to accelerate H&P’s international expansion and deliver long-term value. Together, these promotions demonstrate a depth of leadership experience that will guide H&P into its next phase of growth. Aankondiging • Aug 07
Helmerich & Payne, Inc. Announces Impairment Charges for the Third Quarter Ended June 30, 2025 Helmerich & Payne, Inc. announced impairment charges for the third quarter ended June 30, 2025. For the quarter, the company announced goodwill impairment of $173,258,000. Aankondiging • Jul 18
Helmerich & Payne, Inc. to Report Q3, 2025 Results on Aug 07, 2025 Helmerich & Payne, Inc. announced that they will report Q3, 2025 results on Aug 07, 2025 Aankondiging • Jun 04
Helmerich & Payne, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on August 29, 2025 The Directors of Helmerich & Payne, Inc. at a Board of Directors meeting held on June 3, 2025, declared a quarterly cash dividend of $0.25 per share on the Company's common stock, payable on August 29, 2025, to stockholders of record at the close of business August 15, 2025. Aankondiging • Apr 04
Helmerich & Payne, Inc. to Report Q2, 2025 Results on May 08, 2025 Helmerich & Payne, Inc. announced that they will report Q2, 2025 results on May 08, 2025 Aankondiging • Jan 24
Helmerich & Payne, Inc., Annual General Meeting, Mar 05, 2025 Helmerich & Payne, Inc., Annual General Meeting, Mar 05, 2025. Aankondiging • Jan 10
Helmerich & Payne, Inc. to Report Q1, 2025 Results on Feb 06, 2025 Helmerich & Payne, Inc. announced that they will report Q1, 2025 results on Feb 06, 2025 Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent Director Elizabeth Killinger was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 14
Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable on February 28, 2025 The Directors of Helmerich & Payne, Inc. at a Board of Directors meeting held on December 11, 2024, declared a quarterly cash dividend of $0.25 per share on the Company's common stock, payable on February 28, 2025, to stockholders of record at the close of business February 14, 2025. Reported Earnings • Nov 15
Full year 2024 earnings released: EPS: US$3.48 (vs US$4.18 in FY 2023) Full year 2024 results: EPS: US$3.48 (down from US$4.18 in FY 2023). Revenue: US$2.76b (down 4.0% from FY 2023). Net income: US$344.2m (down 20% from FY 2023). Profit margin: 13% (down from 15% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 12
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 18 November 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.0%). New Risk • Oct 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €30.18, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 7x in the Energy Services industry in Europe. Total returns to shareholders of 32% over the past three years. Declared Dividend • Sep 15
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 18th November 2024 Payment date: 2nd December 2024 Dividend yield will be 5.2%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Sep 12
Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable on December 2, 2024 The Directors of Helmerich & Payne, Inc., at a Board of Directors meeting held on September 11, 2024, declared a quarterly cash dividend of $0.25 per share on the Company's common stock, payable on December 2, 2024, to stockholders of record at the close of business November 18, 2024. Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent Director Elizabeth Killinger was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 09
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 16 August 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 29% and the cash payout ratio is 77%. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.1%). Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €31.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 54% over the past three years. Aankondiging • Aug 05
Helmerich & Payne, Inc. Announces J. Kevin Vann as New Chief Financial Officer Helmerich & Payne, Inc. announced the hiring of J. Kevin Vann as the Chief Financial Officer Designate, effective August 5, 2024. Vann will be appointed to succeed Mark W. Smith as Chief Financial Officer (CFO) upon Smith’s retirement from that position, which as previously announced, will occur on August 15, 2024. Vann brings extensive public company financial and accounting experience in the oil and gas industry, which will be instrumental as H&P continues to grow and expand its market presence. Before joining H&P, he served as Chief Financial Officer at WPX Energy, Inc. from 2014 to 2021. Prior to becoming Chief Financial Officer for WPX, he served as the company’s Chief Accounting Officer and Controller from 2012 to 2014. From 2007 to 2011, Vann served as Controller of the exploration and production business of The Williams Companies, Inc. and in various other financial and accounting roles for Williams from 1998 to 2006. Reported Earnings • Jul 25
Third quarter 2024 earnings released: EPS: US$0.90 (vs US$0.93 in 3Q 2023) Third quarter 2024 results: EPS: US$0.90 (down from US$0.93 in 3Q 2023). Revenue: US$697.7m (down 3.6% from 3Q 2023). Net income: US$88.7m (down 5.7% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 04
Helmerich & Payne, Inc. to Report Q3, 2024 Results on Jul 25, 2024 Helmerich & Payne, Inc. announced that they will report Q3, 2024 results on Jul 25, 2024 Declared Dividend • Jun 10
Dividend of US$0.42 announced Shareholders will receive a dividend of US$0.42. Ex-date: 16th August 2024 Payment date: 30th August 2024 Dividend yield will be 4.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has decreased over the past 10 years, but has still been somewhat stable with no excessively large reductions to payments. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • May 10
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 16 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%). Recent Insider Transactions • May 01
Senior VP & CFO recently sold €605k worth of stock On the 29th of April, Mark Smith sold around 16k shares on-market at roughly €37.79 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Reported Earnings • Apr 25
Second quarter 2024 earnings released: EPS: US$0.86 (vs US$1.56 in 2Q 2023) Second quarter 2024 results: EPS: US$0.86 (down from US$1.56 in 2Q 2023). Revenue: US$687.9m (down 11% from 2Q 2023). Net income: US$84.8m (down 48% from 2Q 2023). Profit margin: 12% (down from 21% in 2Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 03
Helmerich & Payne, Inc. to Report Q2, 2024 Results on Apr 25, 2024 Helmerich & Payne, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 25, 2024 Recent Insider Transactions • Mar 07
Insider recently sold €445k worth of stock On the 1st of March, Michael Lennox sold around 13k shares on-market at roughly €35.62 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.6m more than they bought in the last 12 months. Declared Dividend • Mar 03
Dividend of US$0.42 announced Shareholders will receive a dividend of US$0.42. Ex-date: 16th May 2024 Payment date: 31st May 2024 Dividend yield will be 4.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Feb 05
Upcoming dividend of US$0.42 per share at 4.8% yield Eligible shareholders must have bought the stock before 12 February 2024. Payment date: 27 February 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (4.4%). Reported Earnings • Jan 30
First quarter 2024 earnings released: EPS: US$0.96 (vs US$0.91 in 1Q 2023) First quarter 2024 results: EPS: US$0.96. Revenue: US$677.1m (down 5.9% from 1Q 2023). Net income: US$95.2m (flat on 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Energy Services industry in Europe. New Risk • Jan 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Aankondiging • Jan 18
Helmerich & Payne, Inc., Annual General Meeting, Feb 27, 2024 Helmerich & Payne, Inc., Annual General Meeting, Feb 27, 2024, at 12:00 Central Standard Time. Agenda: To elect as Directors the 11 nominees named in the attached proxy statement to serve until the Annual Meeting of Stockholders in 2025; to ratify the appointment of Ernst & Young LLP as independent auditors for fiscal year ending September 30, 2024; to cast an advisory vote to approve the compensation of named executive officers disclosed in the attached proxy statement; and to consider and vote to approve the Helmerich & Payne, Inc. 2024 Omnibus Incentive Plan. Aankondiging • Jan 10
Helmerich & Payne, Inc. to Report Q1, 2024 Results on Jan 30, 2024 Helmerich & Payne, Inc. announced that they will report Q1, 2024 results on Jan 30, 2024 Buying Opportunity • Jan 06
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €40.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings is also forecast to grow by 1.9% per annum over the same time period. Buying Opportunity • Nov 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €41.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.7% per annum. Earnings is also forecast to grow by 2.0% per annum over the same time period. Upcoming Dividend • Nov 10
Upcoming dividend of US$0.42 per share at 5.0% yield Eligible shareholders must have bought the stock before 17 November 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (4.1%). Buying Opportunity • Oct 20
Now 21% undervalued Over the last 90 days, the stock is up 8.0%. The fair value is estimated to be €49.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 2.4% per annum over the same time period. Recent Insider Transactions • Oct 01
Chairman of the Board recently sold €4.1m worth of stock On the 27th of September, Hans Helmerich sold around 100k shares on-market at roughly €41.20 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Hans has been a net seller over the last 12 months, reducing personal holdings by €4.6m. Buying Opportunity • Sep 19
Now 20% undervalued Over the last 90 days, the stock is up 37%. The fair value is estimated to be €52.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 2.2% per annum over the same time period. Aankondiging • Sep 08
Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable on December 4, 2023 The Directors of Helmerich & Payne, Inc., at a Board of Directors meeting held on September 6, 2023, declared a quarterly cash dividend of $0.25 per share on the Company's common stock, payable on December 4, 2023, to stockholders of record at the close of business November 20, 2023. Upcoming Dividend • Aug 09
Upcoming dividend of US$0.48 per share at 3.9% yield Eligible shareholders must have bought the stock before 16 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (4.0%). Reported Earnings • Jul 28
Third quarter 2023 earnings released: EPS: US$0.94 (vs US$0.16 in 3Q 2022) Third quarter 2023 results: EPS: US$0.94 (up from US$0.16 in 3Q 2022). Revenue: US$724.0m (up 32% from 3Q 2022). Net income: US$95.3m (up 457% from 3Q 2022). Profit margin: 13% (up from 3.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 30
Helmerich & Payne, Inc. to Report Q3, 2023 Results on Jul 27, 2023 Helmerich & Payne, Inc. announced that they will report Q3, 2023 results on Jul 27, 2023 Upcoming Dividend • May 10
Upcoming dividend of US$0.48 per share at 4.6% yield Eligible shareholders must have bought the stock before 17 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 33% and the cash payout ratio is 77%. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.5%). Reported Earnings • Apr 29
Second quarter 2023 earnings released: EPS: US$1.58 (vs US$0.048 loss in 2Q 2022) Second quarter 2023 results: EPS: US$1.58 (up from US$0.048 loss in 2Q 2022). Revenue: US$769.2m (up 65% from 2Q 2022). Net income: US$163.9m (up US$168.9m from 2Q 2022). Profit margin: 21% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €33.62, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Energy Services industry in Europe. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €56.80 per share. Upcoming Dividend • Feb 06
Upcoming dividend of US$0.48 per share at 2.2% yield Eligible shareholders must have bought the stock before 13 February 2023. Payment date: 28 February 2023. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.6%). Reported Earnings • Feb 01
First quarter 2023 earnings released: EPS: US$0.91 (vs US$0.48 loss in 1Q 2022) First quarter 2023 results: EPS: US$0.91 (up from US$0.48 loss in 1Q 2022). Revenue: US$719.6m (up 76% from 1Q 2022). Net income: US$95.4m (up US$147.1m from 1Q 2022). Profit margin: 13% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 19
Helmerich & Payne, Inc., Annual General Meeting, Feb 28, 2023 Helmerich & Payne, Inc., Annual General Meeting, Feb 28, 2023, at 12:00 Central Standard Time. Agenda: To elect as Directors the 10 nominees named in the attached proxy statement to serve until the Annual Meeting of Stockholders in 2024; To ratify the appointment of Ernst & Young LLP as independent auditors for fiscal year ending September 30, 2023; and to discuss other matters. Aankondiging • Jan 10
Helmerich & Payne, Inc. to Report Q1, 2023 Results on Jan 31, 2023 Helmerich & Payne, Inc. announced that they will report Q1, 2023 results on Jan 31, 2023 Buying Opportunity • Jan 06
Now 26% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €57.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 25% per annum over the same time period. Recent Insider Transactions • Dec 07
Chairman of the Board recently sold €500k worth of stock On the 1st of December, Hans Helmerich sold around 11k shares on-market at roughly €47.66 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Hans has been a net seller over the last 12 months, reducing personal holdings by €6.3m. Aankondiging • Dec 04
Helmerich & Payne, Inc. Announces Mary M. Vandeweghe, Chairman of the Board of Directors Will Not Stand for Re-Election as Director At the 2023 Annual Meeting of Stockholders On November 28, 2022, Mary M. VanDeWeghe provided notice to the Chairman of the Board of Directors (the “Board”) of Helmerich & Payne, Inc. (the “Company”) that she will not stand for reelection as a director of the Company at the 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”). Ms. VanDeWeghe will complete her current term as a director, which expires at the 2023 Annual Meeting. The Company appreciates Ms. VanDeWeghe’s distinguished service on the Board and wishes her well in her future endeavors. Ms. VanDeWeghe’s decision to retire is not the result of any disagreement with the Company on any matter regarding the Company’s operations, policies or practices. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Director Belgacem Chariag was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 07
Upcoming dividend of US$0.48 per share Eligible shareholders must have bought the stock before 14 November 2022. Payment date: 01 December 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.6%). Aankondiging • Sep 08
Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2022 The Directors of Helmerich & Payne, Inc. at a Board of Directors meeting held on September 7, 2022, declared a quarterly cash dividend of $0.25 per share on the Company's common stock, payable on December 1, 2022, to stockholders of record at the close of business November 15, 2022. Upcoming Dividend • Aug 09
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 01 September 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.2%). Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Director Belgacem Chariag was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Jul 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.1%. The fair value is estimated to be €53.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Earnings per share has declined by 11%. Reported Earnings • Jul 28
Third quarter 2022 earnings released: EPS: US$0.17 (vs US$0.53 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.17 (up from US$0.53 loss in 3Q 2021). Revenue: US$550.2m (up 66% from 3Q 2021). Net income: US$17.5m (up US$74.5m from 3Q 2021). Profit margin: 3.2% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 34%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Aankondiging • Jul 28
Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable on September 1, 2022 On May 31, 2022, the Board of Directors of Helmerich & Payne, Inc. declared a quarterly cash dividend of $0.25 per share, payable on September 1, 2022 to stockholders of record at the close of business on August 17, 2022. Board Change • Jul 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Director Belgacem Chariag was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 01
Helmerich & Payne, Inc. Declares Quarterly Dividend, Payable on September 1, 2022 The Directors of Helmerich & Payne, Inc. at a Board of Directors meeting held on May 31, 2022, declared a quarterly cash dividend of $0.25 per share on the Company's common stock, payable on September 1, 2022, to stockholders of record at the close of business August 17, 2022. Upcoming Dividend • May 05
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 27 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (3.7%).