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Helmerich & Payne, Inc.

Helmerich & Payne, Inc.

NYSE•HP
CEO: Mr. John W. Lindsay
Sector: Energy
Industry: Oil & Gas Drilling
Listing Date: 1980-10-15
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates through North America Solutions, Offshore Gulf of Mexico, and International Solutions segments. The North America Solutions segment conducts operations primarily in Texas, as well as 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 International Solutions segment conducts drilling operations in Saudi Arabia, Argentina, Bahrain, Australia, Colombia, and the United Arab Emirates. The company focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. It also owns and operates commercial real estate properties. In addition, the company's real estate investments include a shopping center. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.
Contact Information
222 North Detroit Avenue, Suite 1400, Tulsa, OK, 74120, United States
918-742-5531
www.helmerichpayne.com
Market Cap
$2.77B
P/E (TTM)
-16.9
16.4
Dividend Yield
3.6%
52W High
$37.30
52W Low
$14.65
52W Range
58%
Rank40Top 31.7%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q4 2025 Data

Revenue

$1.01B+45.83%
4-Quarter Trend

EPS

-$0.58-177.33%
4-Quarter Trend

FCF

$142.81M+127.48%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Global Fleet Expansion Post-Acquisition Total drilling fleet reached 367 rigs following January 2025 KCA Deutag acquisition; 208 rigs active under contract as of September 30, 2025.
FY2025 Revenue Jumps Consolidated operating revenues grew to $3.75 B USD in FY2025, driven by approximately $1.0 B revenue contribution from acquired operations.
Contract Backlog Soars Drilling contract backlog increased significantly to $7.0 B USD from $1.5 B USD year-over-year, reflecting new long-term commitments.
International Segment Growth International Solutions revenue grew 313.7% to $802.4 M USD, largely due to expanded Middle East land operations following the acquisition.

Risk Factors

Significant Goodwill Impairment Recorded $194.0 M asset impairment charges, including $192.2 M non-cash goodwill impairment in International Solutions and BENTEC™ units.
Oil Price Volatility Exposure Business heavily depends on oil and natural gas prices; volatility impacts customer capital spending and service demand across all segments.
KCA Deutag Integration Risk Ability to achieve anticipated acquisition benefits depends on successfully integrating KCA Deutag's diverse global land and offshore operations.
Backlog Early Termination Risk Firm contract backlog of $4.8 B USD may decline if customers exercise early termination or suspension rights without standby compensation.

Outlook

Fleet Right-Sizing Initiative Plan announced to scrap 33 rigs post-period end; expect recording an impairment charge ranging from $90.0 M to $110.0 M USD.
Synergy Realization Expected Anticipate general and administrative expenses reduction of $50.0 M USD relative to pro forma expectations from acquisition synergies.
Saudi Rig Resumptions Confirmed Seven rigs received resumption notices in Saudi Arabia; total operating count expected to reach 24 rigs by mid-calendar year 2026.
Digital Ecosystem Enhancement Integration of acquired assets into digital ecosystem aims to enhance wellbore positioning and execution across all operating geographies.

Peer Comparison

Revenue (TTM)

Delek US Holdings, Inc.DK
$10.67B
-22.4%
Patterson-UTI Energy, Inc.PTEN
$4.84B
-16.6%
Helmerich & Payne, Inc.HP
$3.75B
+35.9%

Gross Margin (Latest Quarter)

Tidewater Inc.TDW
48.0%
+19.1pp
Kinetik Holdings Inc.KNTK
34.1%
-7.3pp
Crescent Energy CompanyCRGY
20.8%
+0.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
HP$2.77B-16.9-5.8%30.8%
TDW$2.49B16.413.4%30.8%
OII$2.43B10.428.6%19.1%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
14.3%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 4, 2026
|
EPS:$0.12
|
Revenue:$990.16M
Reports
All Years

  • Form 10-K - FY 2025

    Period End: Sep 30, 2025|Filed: Nov 21, 2025|
    Revenue: $3.75B+35.9%
    |
    EPS: $-1.65-148.1%
    Miss

  • Form 10-Q - Q3 2025

    Period End: Jun 30, 2025|Filed: Aug 11, 2025|
    Revenue: $1.04B+49.2%
    |
    EPS: $-1.64-284.3%
    Miss

  • Form 10-Q - Q2 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $1.02B+47.7%
    |
    EPS: $0.01-98.8%
    Miss

  • Form 10-Q - Q1 2025

    Period End: Dec 31, 2024|Filed: Feb 5, 2025|
    Revenue: $677.30M+0.0%
    |
    EPS: $0.55-42.1%
    Miss

  • Form 10-K - FY 2024

    Period End: Sep 30, 2024|Filed: Nov 13, 2024|
    Revenue: $2.76B-4.0%
    |
    EPS: $3.43-17.9%
    Meet

  • Form 10-Q - Q3 2024

    Period End: Jun 30, 2024|Filed: Jul 25, 2024|
    Revenue: $697.72M-3.6%
    |
    EPS: $0.89-4.3%
    Beat

  • Form 10-Q - Q2 2024

    Period End: Mar 31, 2024|Filed: Apr 24, 2024|
    Revenue: $687.94M-10.6%
    |
    EPS: $0.85-45.5%
    Meet

  • Form 10-Q - Q1 2024

    Period End: Dec 31, 2023|Filed: Jan 29, 2024|
    Revenue: $677.15M-5.9%
    |
    EPS: $0.95+4.4%
    Beat