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 Ratings3.8
Overall CultureB+

Latest Updates

Employees (est.) (Sept 2019)8,493(-13%)
Job Openings36
Revenue (FY, 2019)$2.8 B(+13%)
Share Price (Sept 2021)$27.2(+3%)
Cybersecurity ratingAMore

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 $2.8 b in FY, 2019
USD

Revenue (Q2, 2021)

296.2m

Net income (Q2, 2021)

(121.0m)

EBIT (Q2, 2021)

(160.9m)

Market capitalization (15-Sept-2021)

2.9b

Closing stock price (15-Sept-2021)

27.2

Cash (31-Mar-2021)

427.2m

EV

3.0b
Helmerich & Payne's current market capitalization is $2.9 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
USDQ2, 2010

Financial Leverage

1.5 x
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Helmerich & Payne Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Helmerich & Payne Online and Social Media Presence

Embed Graph

Helmerich & Payne Company Culture

  • Overall Culture

    B+

    72/100

  • CEO Rating

    C

    66/100

  • Compensation

    C-

    58/100

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Helmerich & Payne News and Updates

Should You Book Profits In Helmerich & Payne Stock?

After OPEC announced the lifting of mandatory production curtailments, benchmark prices have observed a correction with limited upside in the long term. Per the U.S. Energy Information Administration’s STEO (short-term energy outlook), the WTI benchmark is likely to trend downward from $65/bbl...

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…
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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.