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
|Historical stock prices|
|Current Share Price||US$51.48|
|52 Week High||US$52.21|
|52 Week Low||US$20.93|
|1 Month Change||22.05%|
|3 Month Change||50.39%|
|1 Year Change||78.44%|
|3 Year Change||2.59%|
|5 Year Change||-4.21%|
|Change since IPO||496.87%|
Recent News & Updates
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.
|HP||US Energy Services||US Market|
Return vs Industry: HP exceeded the US Energy Services industry which returned 42.5% over the past year.
Return vs Market: HP exceeded the US Market which returned -15.1% over the past year.
|HP Average Weekly Movement||7.6%|
|Energy Services Industry Average Movement||9.1%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
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
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
|HP fundamental statistics|
Is HP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HP income statement (TTM)|
|Cost of Revenue||US$1.16b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-1.84|
|Net Profit Margin||-12.46%|
How did HP perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is Helmerich & Payne undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HP ($51.48) is trading below our estimate of fair value ($64.96)
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 Price-To-Earnings Ratio to the US Energy Services industry average.
PE vs Market: HP is unprofitable, so we can't compare its Price-To-Earnings 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 Price-To-Book Ratio (2x) compared to the US Energy Services industry average (1.4x).
How is Helmerich & Payne forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (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%).
How has Helmerich & Payne performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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.
How is Helmerich & Payne's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
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 ($1.2B).
Debt to Equity History and Analysis
Debt Level: HP's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: HP's debt to equity ratio has increased from 11.3% to 19.8% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Helmerich & Payne current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HP's dividend (1.94%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: HP's dividend (1.94%) is low compared to the top 25% of dividend payers in the US market (4.01%).
Stability and Growth of Payments
Stable Dividend: HP's dividends per share have been stable in the past 10 years.
Growing Dividend: HP's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: HP is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: HP is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Lindsay (60 yo)
Mr. John W. Lindsay has been the Chief Executive Officer and President of Helmerich & Payne, Inc. since March 5, 2014 and since September 2012 respectively. He serves as an Independent Director of Arcosa,...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($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.
Experienced Management: HP's management team is considered experienced (2.5 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Helmerich & Payne, Inc.'s employee growth, exchange listings and data sources
- Name: Helmerich & Payne, Inc.
- Ticker: HP
- Exchange: NYSE
- Founded: 1920
- Industry: Oil and Gas Drilling
- Sector: Energy
- Implied Market Cap: US$5.420b
- Shares outstanding: 105.29m
- Website: https://www.hpinc.com
Number of Employees
- Helmerich & Payne, Inc.
- 1437 South Boulder Avenue
- Suite 1400
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/26 00:00|
|End of Day Share Price||2022/05/26 00:00|
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.