Helmerich & Payne Management

Management criteria checks 3/4

Helmerich & Payne's CEO is John Lindsay, appointed in Sep 2012, has a tenure of 12.17 years. total yearly compensation is $8.60M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth $20.88M. The average tenure of the management team and the board of directors is 4.2 years and 12.2 years respectively.

Key information

John Lindsay

Chief executive officer

US$8.6m

Total compensation

CEO salary percentage	12.7%
CEO tenure	12.2yrs
CEO ownership	0.6%
Management average tenure	4.2yrs
Board average tenure	12.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Lindsay's remuneration changed compared to Helmerich & Payne's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$339m
Jun 30 2024	n/a	n/a	US$342m
Mar 31 2024	n/a	n/a	US$348m
Dec 31 2023	n/a	n/a	US$426m
Sep 30 2023	US$9m	US$1m	US$428m
Jun 30 2023	n/a	n/a	US$397m
Mar 31 2023	n/a	n/a	US$320m
Dec 31 2022	n/a	n/a	US$153m
Sep 30 2022	US$8m	US$1m	US$5m
Jun 30 2022	n/a	n/a	-US$119m
Mar 31 2022	n/a	n/a	-US$194m
Dec 31 2021	n/a	n/a	-US$312m
Sep 30 2021	US$8m	US$1m	-US$327m
Jun 30 2021	n/a	n/a	-US$320m
Mar 31 2021	n/a	n/a	-US$309m
Dec 31 2020	n/a	n/a	-US$607m
Sep 30 2020	US$7m	US$1m	-US$499m
Jun 30 2020	n/a	n/a	-US$397m
Mar 31 2020	n/a	n/a	-US$506m
Dec 31 2019	n/a	n/a	-US$13m
Sep 30 2019	US$8m	US$984k	-US$36m
Jun 30 2019	n/a	n/a	-US$75m
Mar 31 2019	n/a	n/a	US$72m
Dec 31 2018	n/a	n/a	-US$854k
Sep 30 2018	US$8m	US$928k	US$489m

Compensation vs Market: John's total compensation ($USD8.60M) is above average for companies of similar size in the UK market ($USD2.78M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Lindsay (63 yo)

12.2yrs

Tenure

US$8,595,963

Compensation

Mr. John W. Lindsay has been the Chief Executive Officer and President of Helmerich & Payne, Inc. since March 5, 2014 and since September 2012 respectively. He serves as an Independent Director of Arcosa,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Lindsay	President	12.2yrs	US$8.60m	0.61% $ 20.9m
Cara Hair	Senior VP of Corporate Services and Chief Legal & Compliance Officer	9.7yrs	US$2.78m	0.14% $ 4.8m
John Bell	Senior Vice President of International & Offshore Operations	3.9yrs	US$2.33m	0.17% $ 5.8m
Mark Smith	Senior Advisor	less than a year	US$3.03m	0.15% $ 5.1m
Michael Lennox	Senior Vice President of North America Solutions	3.9yrs	US$2.23m	0.10% $ 3.5m
J. Vann	Senior VP & CFO	less than a year	no data	0.0033% $ 115.0k
Sara Momper	VP & Chief Accounting Officer	5.1yrs	no data	0.020% $ 704.4k
Dave Wilson	Vice President of Investor Relations	no data	no data	no data
Raymond Adams	Senior Vice President of Sales & Marketing	4.2yrs	no data	0.082% $ 2.8m
Valerie Vaughan	Director of Human Resources & Organizational Development	no data	no data	no data
Chay Chinsethagid	Senior Vice President of Information Technology & Engineering	4.8yrs	no data	no data
William Gault	Corporate Secretary	no data	no data	no data

4.2yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 0J4G's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Lindsay	President	12.2yrs	US$8.60m	0.61% $ 20.9m
Hans Helmerich	Chairman of the Board	37.7yrs	US$432.97k	2.09% $ 71.9m
John Zeglis	Independent Director	35.7yrs	US$293.63k	0.062% $ 2.1m
Randy Foutch	Lead Independent Director	17.7yrs	US$328.63k	0.027% $ 935.0k
Jose Mas	Independent Director	7.7yrs	US$288.63k	0.031% $ 1.1m
Thomas Petrie	Independent Director	12.4yrs	US$303.63k	0.041% $ 1.4m
Donald Robillard	Independent Director	12.4yrs	US$323.63k	0.011% $ 383.5k
Belgacem Chariag	Independent Director	3.3yrs	US$288.63k	0.017% $ 601.4k
Kevin Cramton	Independent Director	7.7yrs	US$293.63k	0.031% $ 1.1m
Elizabeth Killinger	Independent Director	1.4yrs	US$166.19k	0.0034% $ 118.4k
Delaney Bellinger	Independent Director	6.3yrs	US$293.63k	0.0037% $ 128.1k

12.2yrs

Average Tenure

65yo

Average Age

Experienced Board: 0J4G's board of directors are seasoned and experienced ( 12.2 years average tenure).

Helmerich & Payne Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

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

Senior VP & CFO recently sold US$648k worth of stock

Insider recently sold US$482k worth of stock

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

Helmerich & Payne, Inc., Annual General Meeting, Feb 27, 2024

Recent updates

New major risk - Revenue and earnings growth

New minor risk - Financial position

Upcoming dividend of US$0.25 per share

New major risk - Revenue and earnings growth

Investor sentiment improves as stock rises 16%

Dividend of US$0.25 announced

Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable on December 2, 2024

Insufficient new directors

Upcoming dividend of US$0.42 per share

Investor sentiment deteriorates as stock falls 16%

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

Third quarter 2024 earnings released: EPS: US$0.90 (vs US$0.93 in 3Q 2023)

Investor sentiment improves as stock rises 16%

Helmerich & Payne, Inc. to Report Q3, 2024 Results on Jul 25, 2024

Dividend of US$0.42 announced

Helmerich & Payne, Inc. Declares a Quarterly Supplemental Cash Dividend,Payable August 30, 2024

Upcoming dividend of US$0.42 per share

Senior VP & CFO recently sold US$648k worth of stock

Second quarter 2024 earnings released: EPS: US$0.86 (vs US$1.56 in 2Q 2023)

Helmerich & Payne, Inc. to Report Q2, 2024 Results on Apr 25, 2024

Insider recently sold US$482k worth of stock

Dividend of US$0.42 announced

Helmerich & Payne, Inc. Declares Quarterly Supplemental Cash Dividend, Payable on May 31, 2024

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

Upcoming dividend of US$0.42 per share at 4.8% yield

First quarter 2024 earnings released: EPS: US$0.96 (vs US$0.91 in 1Q 2023)

New major risk - Revenue and earnings growth

Helmerich & Payne, Inc., Annual General Meeting, Feb 27, 2024

Helmerich & Payne, Inc. to Report Q1, 2024 Results on Jan 30, 2024

Now 21% undervalued after recent price drop

Helmerich & Payne, Inc. Declares Quarterly Supplemental Cash Dividend, Payable on February 27, 2024

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.42 per share at 5.0% yield

Full year 2023 earnings released: EPS: US$4.24 (vs US$0.048 in FY 2022)

Now 20% undervalued after recent price drop

Helmerich & Payne, Inc. to Report Q4, 2023 Results on Nov 09, 2023

Chairman of the Board recently sold US$4.3m worth of stock

Now 21% undervalued

Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable on December 4, 2023

Now 21% undervalued

Now 21% undervalued

Upcoming dividend of US$0.48 per share at 3.9% yield

Helmerich & Payne, Inc. Declares Supplemental Cash Dividend, Payable on August 31, 2023

Third quarter 2023 earnings released: EPS: US$0.94 (vs US$0.16 in 3Q 2022)

Helmerich & Payne, Inc. to Report Q3, 2023 Results on Jul 27, 2023

Upcoming dividend of US$0.48 per share at 4.6% yield

Second quarter 2023 earnings released: EPS: US$1.58 (vs US$0.048 loss in 2Q 2022)

Investor sentiment deteriorates as stock falls 16%

Now 24% undervalued after recent price drop

Upcoming dividend of US$0.48 per share at 2.2% yield

First quarter 2023 earnings released: EPS: US$0.91 (vs US$0.48 loss in 1Q 2022)

Helmerich & Payne, Inc. Declares Supplemental Cash Dividend, Payable on February 28, 2023

Helmerich & Payne, Inc., Annual General Meeting, Feb 28, 2023

Now 21% undervalued

Insufficient new directors

Helmerich & Payne, Inc. to Report Q1, 2023 Results on Jan 31, 2023

Chairman of the Board recently sold US$525k worth of stock

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

Insufficient new directors

Upcoming dividend of US$0.48 per share

Now 22% undervalued

Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2022

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.25 per share

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.17 (vs US$0.53 loss in 3Q 2021)

Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable on September 1, 2022

Insufficient new directors

Now 21% undervalued