Stock Analysis Report

Executive Summary

Helmerich & Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies.



Average dividend payer with moderate growth potential.

Similar Companies

Share Price & News

How has Helmerich & Payne's share price performed over time and what events caused price changes?

Latest Share Price and Events

Market Performance

7 Day Return




US Energy Services


US Market

1 Year Return




US Energy Services


US Market

Return vs Industry: HP exceeded the US Energy Services industry which returned -46.9% over the past year.

Return vs Market: HP underperformed the US Market which returned 6.7% over the past year.

Share holder returns

7 Day3.0%2.4%1.0%
30 Day-7.5%-10.2%-1.8%
90 Day-24.2%-17.0%-1.8%
1 Year-41.6%-44.6%-45.4%-46.9%9.1%6.7%
3 Year-33.6%-42.6%-52.6%-58.4%46.1%36.6%
5 Year-44.7%-56.2%-64.6%-69.8%66.9%48.6%

Price Volatility Vs. Market

How volatile is Helmerich & Payne's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Helmerich & Payne undervalued based on future cash flows and its price relative to the stock market?


Price to Book (PB) ratio

Intrinsic Value Based on Future Cash Flows

Undervalued: HP ($38.35) is trading above our estimate of fair value ($32.34)

Significantly Undervalued: HP is trading above our estimate of fair value.

Price Based on Earnings

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

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

Price Based on Expected Growth

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

Price Based on Value of Assets

PB vs Industry: HP is overvalued based on its PB Ratio (1x) compared to the US Energy Services industry average (0.7x).

Next Steps

Future Growth

How is Helmerich & Payne expected to perform in the next 1 to 3 years based on estimates from 21 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Estimates

Future Annual Growth Analysis

Earnings vs Savings Rate: HP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.7%).

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

High Growth Earnings: HP's loss is forecast to worsen by 0% next year.

Revenue vs Market: HP's revenue is expected to decline over the next 3 years (-1.7% per year).

High Growth Revenue: HP's revenue is forecast to decline over the next 3 years (-1.7%).

Earnings per Share Growth Estimates

Future Return on Equity

High Future ROE: HP's Return on Equity is forecast to be low in 3 years time (4.1%).

Next Steps

Past Performance

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


Historical annual earnings growth

Earnings and Revenue History

Past Earnings Growth Analysis

Earnings Trend: HP is unprofitable, and losses have increased over the past 5 years at a rate of -35.3% 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 (-13.1%).

Return on Equity

High ROE: HP has a negative Return on Equity (-1.76%), as it is currently unprofitable.

Return on Assets

ROA vs Industry: HP is currently unprofitable, so its Return on Assets is negative.

Return on Capital Employed

ROCE Improving: HP is currently unprofitable, so its Return on Capital Employed is negative.

Next Steps

Financial Health

How is Helmerich & Payne's financial position?

Financial Position Analysis

Short Term Liabilities: HP's short term assets ($1.1B) exceeds its short term liabilities ($390.5M)

Long Term Liabilities: HP's short term assets (1.1B) do not cover its long term liabilities (1.4B)

Debt to Equity History and Analysis

Debt Level: HP's debt to equity ratio (12%) is considered satisfactory

Reducing Debt: HP's debt to equity ratio has increased from 4% to 12% over the past 5 years.

Debt Coverage: HP's debt is well covered by operating cash flow (169.3%).

Interest Coverage: HP is unprofitable, therefore interest payments are not well covered by earnings.

Balance Sheet

Inventory Level: HP has a high level of physical assets or inventory.

Debt Coverage by Assets: HP's debt is covered by short term assets (assets are 2.270380x debt).

Next Steps


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


Expected Dividend Yield

Upcoming Dividend Payment

Purchase Helmerich & Payne before the 'Buy Limit' to receive their next dividend payment.

Dividend Yield vs Market


Current dividend yield vs market & industry

Dividend Yield and Payments Analysis

Notable Dividend: HP's dividend (7.41%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: HP's dividend (7.41%) is in the top 25% of dividend payers in the US market (3.77%)

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.

Current Payout to Shareholders

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

Future Payout to Shareholders

Future Dividend Coverage: HP's dividends in 3 years are not forecast to be well covered by earnings (123.3% payout ratio).

Next Steps


What is the CEO of Helmerich & Payne's salary, the management and board of directors tenure and is there insider trading?


Average management tenure


John Lindsay (58yo)





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

CEO Compensation Analysis

Compensation vs. Market: John's total compensation ($USD7.78M) is about average for companies of similar size in the US market ($USD5.11M).

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

Management Age and Tenure


Average Tenure


Average Age

Experienced Management: HP's management team is seasoned and experienced (5.1 years average tenure).

Board Age and Tenure


Average Tenure


Average Age

Experienced Board: HP's board of directors are considered experienced (7.8 years average tenure).

Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

SellUS$415,26812 Dec 18
Michael Lennox
Max PriceUS$60.14

Ownership Breakdown

Management Team

  • John Lindsay (58yo)


    • Tenure: 5.6yrs
    • Compensation: US$7.78m
  • Mark Smith (48yo)

    VP, CFO

    • Tenure: 0yrs
    • Compensation: US$1.93m
  • Debra Stockton

    General Counsel & Corporate Secretary

    • Tenure: 0yrs
  • Rob Stauder (56yo)

    Senior VP & Chief Engineer of Helmerich & Payne International Drilling Co

    • Tenure: 9.3yrs
    • Compensation: US$2.76m
  • Cara Hair (43yo)

    VP of Corporate Services

    • Tenure: 4.6yrs
    • Compensation: US$1.94m
  • Dave Wilson

    Director of Investor Relations

    • Tenure: 0yrs
  • Sara Momper (35yo)

    Director of Financial Reporting & Principal Accounting Officer

    • Tenure: 0yrs

Board Members

  • Hans Helmerich (60yo)

    Chairman of the Board

    • Tenure: 7.8yrs
    • Compensation: US$489.03k
  • Ed Rust (69yo)

    Independent Director

    • Tenure: 22.8yrs
    • Compensation: US$295.07k
  • John Zeglis (72yo)

    Independent Director

    • Tenure: 30.8yrs
    • Compensation: US$294.14k
  • Randy Foutch (67yo)

    Independent Director

    • Tenure: 12.8yrs
    • Compensation: US$297.89k
  • José Mas (48yo)

    Independent Director

    • Tenure: 2.6yrs
    • Compensation: US$287.56k
  • Tom Petrie (74yo)

    Independent Director

    • Tenure: 7.8yrs
    • Compensation: US$291.64k
  • Donald Robillard (67yo)

    Independent Director

    • Tenure: 7.6yrs
    • Compensation: US$306.64k
  • John Lindsay (58yo)


    • Tenure: 5.6yrs
    • Compensation: US$7.78m
  • Mark Smith (48yo)

    VP, CFO

    • Tenure: 0yrs
    • Compensation: US$1.93m
  • Kevin Cramton (59yo)

    Independent Director

    • Tenure: 2.6yrs
    • Compensation: US$292.56k

Company Information

Helmerich & Payne, Inc.'s company bio, 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
  • Market Cap: US$4.197b
  • Shares outstanding: 109.43m
  • Website: https://www.hpinc.com

Number of Employees


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


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HPNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
HPCDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
0J4GLSE (London Stock Exchange)YesCommon StockGBUSDJan 1968


Helmerich & Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies. The company operates through U.S. Land, Offshore, and International Land segments. The U.S. ...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 01:21
End of Day Share Price2019/10/11 00:00
Annual Earnings2018/09/30

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.


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Copyright © 2018, Standard & Poor’s Financial Services LLC. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. (2018)