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, US
Websitehpinc.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Sept 2019)8,493(-13%)
Job Openings7
Revenue (FY, 2019)$2.8 B(+13%)
Share Price (Oct 2020)$14.9
Cybersecurity ratingDMore

Helmerich & Payne Office Locations

Helmerich & Payne has offices in Tulsa, Bullard, Covington, Dickinson and in 13 other locations
Tulsa, US (HQ)
Boulder Towers, 1437 South Boulder Ave W
Bullard, US
S Dr M Roper Pkwy
Covington, US
106 Park Pl Dr #100
Dickinson, US
3214 110K Ave SW
Grand Junction, US
2360 G Rd
Houston, 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-Oct-2020)

1.6b

Closing stock price (15-Oct-2020)

14.9

Cash (30-Jun-2020)

426.2m

EV

1.7b
Helmerich & Payne's current market capitalization is $1.6 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

D

69/100

SecurityScorecard logo

Helmerich & Payne Online and Social Media Presence

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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 Ovintiv, Lundin Petroleum and Nostra Terra.

  • 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.