OverviewSuggest Edit

Helmerich & Payne, Inc. is a leading global drilling contractor with activities in the U.S., Latin America, the Middle East, Africa and the Gulf of Mexico. H&P is an industry leader in innovation, a fact most notably demonstrated by its AC FlexRig® technology. H&P owns and operates the largest land fleet of AC drive drilling rigs in the world and stands as the leading U.S. unconventional driller. H&P has been a top industry performer for 95 years and is committed to maintaining this reputation through its unparalleled innovation and service.
TypePublic
Founded1920
HQTulsa, OK, US
Websitehpinc.com
Employee Ratings3.9
Overall CultureA-

Latest Updates

Employees (est.) (Sept 2019)8,493(-13%)
Revenue (FY, 2019)$2.8 B(+13%)
Share Price (Jan 2021)$25.7 (-6%)
Cybersecurity ratingBMore

Helmerich & Payne Office Locations

Helmerich & Payne has offices in Tulsa, Bullard, Covington, Dickinson and in 13 other locations
Tulsa, OK, US (HQ)
Boulder Towers, 1437 South Boulder Ave W
Bullard, TX, US
S Dr M Roper Pkwy
Covington, LA, US
106 Park Pl Dr #100
Dickinson, ND, US
3214 110K Ave SW
Grand Junction, CO, US
2360 G Rd
Houston, TX, US
2930 West Sam Houston Pkwy N #250
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Helmerich & Payne Financials and Metrics

Helmerich & Payne Revenue

Helmerich & Payne's revenue was reported to be $2.80 b in FY, 2019
USD

Revenue (Q3, 2020)

317.4m

Net income (Q3, 2020)

(45.6m)

EBIT (Q3, 2020)

(57.6m)

Market capitalization (15-Jan-2021)

2.8b

Closing stock price (15-Jan-2021)

25.7

Cash (30-Jun-2020)

426.2m

EV

2.8b
Helmerich & Payne's current market capitalization is $2.8 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.6b1.8b2.5b2.8b

Revenue growth, %

(49%)11%38%

General and administrative expense

146.2m151.0m200.6m194.4m

R&D expense

10.3m12.0m18.2m27.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

368.6m405.3m498.6m564.1m577.5m648.9m740.6m720.9m688.0m614.7m633.6m317.4m

General and administrative expense

34.3m33.5m42.9m46.5m48.3m52.4m54.5m43.5m46.6m49.8m42.0m43.1m

R&D expense

2.8m2.7m3.1m3.2m4.4m5.5m7.0m7.3m7.1m6.9m6.2m3.6m

Operating expense total

417.8m36.2m526.6m560.6m578.7m642.7m686.3m625.7m53.7m56.7m48.2m46.7m
USDQ2, 2010

Financial Leverage

1.5 x
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Helmerich & Payne Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Helmerich & Payne Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Helmerich & Payne Online and Social Media Presence

Embed Graph

Helmerich & Payne Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    A+

    80/100

  • Compensation

    C-

    59/100

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Helmerich & Payne News and Updates

Should Helmerich & Payne Investors Hold On?

With the Covid-19 pandemic bringing world economies to a halt, the oil industry is facing a dual shock - demand decline due to no travel and price fall resulting from excess supply. Contract drilling services companies have been particularly affected as oil producers cut down capital...

Helmerich & Payne, Inc. To Participate in Scotia Howard Weil’s 47th Annual Energy Conference

TULSA, Okla., March 21, 2019 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and CEO, Mark Smith, Vice President and CFO, Todd Benson, President of H&P Technologies, and Dave Wilson, Director of Investor Relations will attend the Scotia H…

Helmerich & Payne anticipates some rig re-activations if oil prices stabilize

Contract driller Helmerich & Payne Inc. on Wednesday said it has started to see an increase in customer inquiries about rig availabilities, and that it anticipated some rig re-activations by March or April if oil prices stabilize or rise.

Helmerich & Payne, Inc. Announces First Quarter Fiscal 2019 Results

TULSA, Okla., Jan. 29, 2019 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE:HP) reported income of $19 million or $0.17 per diluted share from operating revenues of $741 million for the quarter ended December 31, 2018, compared to income of $2.5 million, or $0.02 per diluted share, on revenu…

Helmerich & Payne, Inc. Invites You to Join Its First Quarter Conference Call on the Web

TULSA, Okla., Jan. 11, 2019 (GLOBE NEWSWIRE) -- In conjunction with Helmerich & Payne, Inc.’s (NYSE: HP) first quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Wednesday, January 30, 2019, at 11:00 a.m. (ET) with John L…

Helmerich & Payne, Inc. To Participate in Goldman Sachs Global Energy Conference 2019

TULSA, Okla., Jan. 07, 2019 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE: HP) today announced that members of management will attend the Goldman Sachs Global Energy Conference 2019 in Miami, Florida on Tuesday, January 8 and Wednesday, January 9, 2019. John Lindsay, President and CEO, wil…
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Helmerich & Payne Frequently Asked Questions

  • When was Helmerich & Payne founded?

    Helmerich & Payne was founded in 1920.

  • How many employees does Helmerich & Payne have?

    Helmerich & Payne has 8,493 employees.

  • What is Helmerich & Payne revenue?

    Latest Helmerich & Payne annual revenue is $2.8 b.

  • What is Helmerich & Payne revenue per employee?

    Latest Helmerich & Payne revenue per employee is $329.5 k.

  • Who are Helmerich & Payne competitors?

    Competitors of Helmerich & Payne include Nabors, Noble and Ovintiv.

  • Where is Helmerich & Payne headquarters?

    Helmerich & Payne headquarters is located at Boulder Towers, 1437 South Boulder Ave W, Tulsa.

  • Where are Helmerich & Payne offices?

    Helmerich & Payne has offices in Tulsa, Bullard, Covington, Dickinson and in 13 other locations.

  • How many offices does Helmerich & Payne have?

    Helmerich & Payne has 17 offices.