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Helmerich & Payne NYSE:HP Stock Report

Last Price


Market Cap







22 May, 2022


Company Financials +
HP fundamental analysis
Snowflake Score
Future Growth4/6
Past Performance0/6
Financial Health3/6

HP Stock Overview

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies.

Helmerich & Payne Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Helmerich & Payne
Historical stock prices
Current Share PriceUS$45.61
52 Week HighUS$50.89
52 Week LowUS$20.93
1 Month Change-0.28%
3 Month Change35.70%
1 Year Change57.82%
3 Year Change-9.63%
5 Year Change-15.02%
Change since IPO428.81%

Recent News & Updates

May 03

Helmerich & Payne: Outlook Is Improving

Helmerich & Payne reported $467.60 million in the fiscal second quarter of 2022, up from $296.17 million in the same quarter a year ago. H&P's North America Solutions segment left the second quarter with 173 active rigs in April. I recommend buying HP below $45, expecting a low at $42.

Shareholder Returns

HPUS Energy ServicesUS Market

Return vs Industry: HP exceeded the US Energy Services industry which returned 31.1% over the past year.

Return vs Market: HP exceeded the US Market which returned -12.9% over the past year.

Price Volatility

Is HP's price volatile compared to industry and market?
HP volatility
HP Average Weekly Movement7.5%
Energy Services Industry Average Movement9.2%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: HP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: HP's weekly volatility (8%) has been stable over the past year.

About the Company

19205,932John Lindsay

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming.

Helmerich & Payne Fundamentals Summary

How do Helmerich & Payne's earnings and revenue compare to its market cap?
HP fundamental statistics
Market CapUS$4.80b
Earnings (TTM)-US$193.60m
Revenue (TTM)US$1.55b


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HP income statement (TTM)
Cost of RevenueUS$1.16b
Gross ProfitUS$390.39m
Other ExpensesUS$583.99m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)-1.84
Gross Margin25.13%
Net Profit Margin-12.46%
Debt/Equity Ratio19.8%

How did HP perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Helmerich & Payne undervalued compared to its fair value and its price relative to the market?

Valuation Score


Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: HP ($45.61) is trading below our estimate of fair value ($65.08)

Significantly Below Fair Value: HP is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: HP is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.

PE vs Market: HP is unprofitable, so we can't compare its PE Ratio to the US market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HP's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: HP is overvalued based on its PB Ratio (1.8x) compared to the US Energy Services industry average (1.4x).

Future Growth

How is Helmerich & Payne forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

Future Growth Score


Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: HP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HP's is expected to become profitable in the next 3 years.

Revenue vs Market: HP's revenue (12.2% per year) is forecast to grow faster than the US market (7.8% per year).

High Growth Revenue: HP's revenue (12.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HP's Return on Equity is forecast to be low in 3 years time (8.7%).

Past Performance

How has Helmerich & Payne performed over the past 5 years?

Past Performance Score


Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: HP is currently unprofitable.

Growing Profit Margin: HP is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: HP is unprofitable, and losses have increased over the past 5 years at a rate of 44.2% per year.

Accelerating Growth: Unable to compare HP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HP is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-1.8%).

Return on Equity

High ROE: HP has a negative Return on Equity (-7.03%), as it is currently unprofitable.

Financial Health

How is Helmerich & Payne's financial position?

Financial Health Score


Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: HP's short term assets ($918.5M) exceed its short term liabilities ($377.6M).

Long Term Liabilities: HP's short term assets ($918.5M) do not cover its long term liabilities ($1.2B).

Debt to Equity History and Analysis

Debt Level: HP's net debt to equity ratio (7%) is considered satisfactory.

Reducing Debt: HP's debt to equity ratio has increased from 11.3% to 19.8% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: HP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if HP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


What is Helmerich & Payne current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: HP's dividend (2.19%) is higher than the bottom 25% of dividend payers in the US market (1.58%).

High Dividend: HP's dividend (2.19%) is low compared to the top 25% of dividend payers in the US market (4.11%).

Stability and Growth of Payments

Stable Dividend: HP's dividends per share have been stable in the past 10 years.

Growing Dividend: HP's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: HP is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: HP is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


John Lindsay (60 yo)





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,...

CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD8.47M) is about average for companies of similar size in the US market ($USD8.23M).

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: HP's management team is considered experienced (2.5 years average tenure).

Board Members

Experienced Board: HP's board of directors are considered experienced (9.9 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: HP insiders have only sold shares in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Helmerich & Payne, Inc.'s employee growth, exchange listings and data sources

Key Information

  • Name: Helmerich & Payne, Inc.
  • Ticker: HP
  • Exchange: NYSE
  • Founded: 1920
  • Industry: Oil and Gas Drilling
  • Sector: Energy
  • Implied Market Cap: US$4.802b
  • Shares outstanding: 105.29m
  • Website:

Number of Employees


  • Helmerich & Payne, Inc.
  • 1437 South Boulder Avenue
  • Suite 1400
  • Tulsa
  • Oklahoma
  • 74119
  • United States


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/20 00:00
Annual Earnings2021/09/30

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.