Helmerich & Payne, Inc. (HP)
| Market Cap | 3.83B |
| Revenue (ttm) | 2.75B |
| Net Income (ttm) | 352.92M |
| Shares Out | 98.72M |
| EPS (ttm) | 3.48 |
| PE Ratio | 11.15 |
| Forward PE | 10.25 |
| Dividend | $0.42 (1.08%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 233,695 |
| Open | 39.49 |
| Previous Close | 39.28 |
| Day's Range | 38.71 - 39.78 |
| 52-Week Range | 30.69 - 46.55 |
| Beta | 1.51 |
| Analysts | Hold |
| Price Target | 42.56 (+9.83%) |
| Earnings Date | Apr 24, 2024 |
About HP
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through North America Solutions, Offshore Gulf of Mexico, and International Solutions segments. The North America Solutions segment drills primarily in Colorado, Louisiana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The... [Read more]
Financial Performance
In 2023, HP's revenue was $2.87 billion, an increase of 39.51% compared to the previous year's $2.06 billion. Earnings were $434.10 million, an increase of 6143.35%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for HP stock is "Hold." The 12-month stock price forecast is $42.56, which is an increase of 9.83% from the latest price.
News
Helmerich & Payne, Inc. Announces Fiscal Second Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) reported net income of $85 million, or $0.84 per diluted share, from operating revenues of $688 million for the quarter ended March 31...
Helmerich & Payne, Inc. Announces Fiscal Second Quarter 2024 Conference Call and Webcast
TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) second quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, April 25, 20...
Helmerich & Payne, Inc. To Participate in Conferences in March 2024
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice President of Digital Opera...
Helmerich & Payne, Inc. Announces Retirement of Mark W. Smith, CFO
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark W. Smith, Senior Vice President and Chief Financial Officer, has informed the Company of his intention to re...
Helmerich & Payne, Inc. To Participate in the 2024 THRIVE Energy Conference in February 2024
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Office...
Buffett's Berkshire Hathaway Trimmed Positions in HP, Apple, and Paramount Global in Q4
Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) sold off about 10 million shares or nearly $2 billion of Apple (AAPL) stock in the final quarter of 2023, according to the firm's 13-F filing, among ...
Helmerich & Payne, Inc. Announces Finalization of Contractual Terms with Saudi Aramco for Recent 7-rig Unconventional Gas Award
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (the “Company” or “H&P”) (NYSE: HP) today announced that the Company and Saudi Aramco have finalized the contractual terms related to a recent 7-...
Helmerich & Payne, Inc. Announces Fiscal First Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) reported net income of $95 million, or $0.94 per diluted share, from operating revenues of $677 million for the quarter ended December...
Helmerich & Payne, Inc. Announces Fiscal First Quarter 2024 Conference Call and Webcast
TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) first quarter 2024 earnings release, you are invited to listen to its conference call on Tuesday, January 30, 20...
Helmerich & Payne, Inc. To Participate in Conferences in January 2024
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Op...
The Best Warren Buffett Dividend Stocks
The best Warren Buffett dividend stocks are expected to produce impressive returns for the Berkshire Hathaway equity portfolio. Here are five with healthy yields.
Helmerich & Payne, Inc. Announces Release of its 2023 Sustainability Report
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE:HP) (H&P or the Company) today announced that it has released its 2023 Sustainability Report outlining the Company's sustainability efforts...
HP CEO talks earnings says, AI computers could be 60% of the PC market by 2027
HP Inc. (HPQ) posted fiscal fourth-quarter earnings that were largely in line with estimates with revenue missing by a hair. Despite this, HP CEO and President Enrique Lores is confident in the compan...
Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) reported net income of $78 million, or $0.77 per diluted share, from operating revenues of $660 million for the quarter ended Septembe...
Helmerich & Payne, Inc. Announces Supplemental Shareholder Return Plan and Planned Capital Expenditures for Fiscal 2024 and Conference Call and Webcast for Fiscal Fourth Quarter 2023
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (“H&P” or the “Company”) (NYSE: HP) today announced its planned capital expenditures and supplemental shareholder return plan for fiscal year 202...
Falcon Oil & Gas Ltd. - Operational Update including the Successful Drilling of Amungee NW 3H Horizontal Well
Falcon Oil & Gas Ltd. (“Falcon”) Operational Update including the Successful Drilling of Amungee NW 3H Horizontal Well 16 October 2023 - Falcon Oil & Gas Ltd.
Falcon Oil & Gas Ltd. - Successful Drilling of Shenandoah South 1H Horizontal Well
Falcon Oil & Gas Ltd. (“Falcon”) Successful Drilling of Shenandoah South 1H Horizontal Well 18 September 2023 - Falcon Oil & Gas Ltd.
Helmerich & Payne, Inc. To Participate in Conferences in September 2023
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Office...
HP earnings, Hurricane Idalia, Grayscale's bitcoin ETF: 3 Things
Shares of HP Inc. (HPQ) fall on mixed third-quarter earnings results. Hurricane Idalia makes landfall in Florida with officials warning of potential storm surges.
Falcon Oil & Gas Ltd. - Operational Update - Shenandoah South 1H
Falcon Oil & Gas Ltd. (“Falcon” or “Company”)
With HP and Dell Earnings Coming Soon, PC Demand Is Showing Signs Of Life
Taiwan's Acer and Asus both showed year-over-year growth in July PC sales.
Helmerich & Payne, Inc. Announces Fiscal Third Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) reported net income of $95 million, or $0.93 per diluted share, from operating revenues of $724 million for the quarter ended June 30,...
Helmerich & Payne, Inc. Announces the Appointment of New Director
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that Elizabeth Killinger was appointed to the Company's Board of Directors. Killinger is currently Executive Vice Pres...
Helmerich & Payne, Inc. Announces Fiscal Third Quarter 2023 Conference Call and Webcast
TULSA, Okla.--(BUSINESS WIRE)--In conjunction with Helmerich & Payne, Inc.'s (NYSE: HP) third quarter 2023 earnings release, you are invited to listen to its conference call on Thursday, July 27, 2023...