HP - NYSE

Helmerich & Payne, Inc.

HP·NYSE

$38.44

+0.10%

EnergyOil & Gas Drilling

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. 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 Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, the company operated a fleet of 236 land rigs in North America; 30 international land rigs; and 7 offshore platform rigs. It also owns, develops, and operates commercial real estate properties. The company's real estate investments include a shopping center comprising approximately 390,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.84B

EPS-1.6600

P/E Ratio-23.16

Earnings Date08/05/2026

6.71B

Assets

16%

3Y+52.0%

5Y+39.0%

10Y-2.0%

3.88B

Total Liabilities

35%

3Y+136.0%

5Y+157.0%

10Y+71.0%

2.83B

Total Equity

-3%

3Y+2.0%

5Y-15.0%

10Y-38.0%

Helmerich & Payne, Inc. Funding & Solvency Profile

HP · NYSE

Current Assets

Cash & Cash Equivalents224.26M

Net Receivables787.61M

Inventory324.33M

Other Current Assets112.75M

Total Current Assets1 B

Non-Current Assets

Property, Plant & Equipment4.44B

Goodwill & Intangible Assets668.39M

Long-Term Investments69.84M

Other Non-Current Assets65.36M

Total Non-Current Assets5 B

Total Assets

6.71B

Financial Health Analysis

Current Ratio

1.80x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.37x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

651 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

22% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Helmerich & Payne, Inc. Balance Sheet

HP • NYSE

Helmerich & Payne, Inc. Balance Sheet	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009	Sep 2008	Sep 2007	Sep 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	224.3M	217.3M	316.2M	268.4M	917.5M	487.9M	347.9M	284.4M	521.4M	905.6M	718M	360.9M	447.9M	96.1M	364.2M	63M	141.5M	121.5M	89.2M	33.9M
Short-Term Investments	21.5M	292.9M	93.6M	117.1M	198.7M	89.3M	53M	41.5M	44.5M	44.1M	45.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	352K	48.7M
Cash & Short-Term Investments	245.8M	510.3M	409.8M	385.5M	1.1B	577.2M	400.9M	325.8M	565.9M	949.7M	763.5M	360.9M	447.9M	96.1M	364.2M	63M	141.5M	121.5M	89.6M	82.5M
Net Receivables	787.6M	429.9M	410.7M	465M	233.4M	195M	497.8M	565.2M	477.1M	375.2M	449.3M	705.2M	621.4M	620.5M	460.5M	457.7M	246.8M	462.8M	339.8M	289.5M
Accounts Receivables	757.8M	418.6M	409.7M	437.3M	204.4M	152.6M	463.9M	530.9M	398.3M	375.2M	449.3M	705.2M	621.4M	620.5M	460.5M	409.9M	246.8M	462.8M	337.8M	283.4M
Other Receivables	29.8M	11.3M	1.1M	27.8M	29M	42.4M	33.8M	34.3M	78.7M	0.0	0.0	0.0	0.0	0.0	0.0	47.7M	0.0	0.0	2M	6.1M
Inventory	324.3M	117.9M	94.2M	88M	84.1M	104.2M	149.7M	158.1M	137.2M	124.3M	128.7M	106.2M	88.9M	78.8M	54.4M	43.4M	44.7M	33.1M	29.1M	26.2M
Prepaids	0.0	52M	81.3M	37.3M	38.5M	23.4M	19.9M	17.9M	13.9M	31.9M	6.4M	13.3M	14.3M	17M	14M	64.2M	52.5M	16.1M	9.6M	5M
Other Current Assets	112.7M	82.1M	2.7M	22.1M	114.4M	63.5M	46.9M	48.5M	41.3M	91.6M	83.4M	91.3M	85.8M	82.9M	63.1M	24.6M	88.3M	57.1M	30.8M	25.5M
Total Current Assets	1.5B	1.2B	998.8M	997.9M	1.6B	963.3M	1.1B	1.1B	1.2B	1.6B	1.4B	1.3B	1.3B	895.2M	956.3M	652.8M	522.9M	690.6M	499M	428.7M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	4.4B	3.1B	2.9B	3B	3.2B	3.6B	4.5B	4.9B	5B	5.1B	5.6B	5.2B	4.7B	4.4B	3.7B	3.3B	3.3B	2.7B	2.2B	1.5B
Goodwill	182.9M	45.7M	45.7M	45.7M	45.7M	45.7M	82.8M	64.8M	51.7M	4.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	485.5M	54.1M	60.6M	67.2M	73.8M	81M	86.7M	73.2M	50.8M	919K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	668.4M	99.8M	106.2M	112.8M	119.5M	126.7M	169.5M	138M	102.5M	-1.3B	-17.2M	-27.1M	-1.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	69.8M	100.6M	312.3M	265.2M	135.4M	31.6M	32M	98.7M	84M	85M	104.4M	236.6M	316.2M	451.1M	347.9M	320.7M	356.4M	199M	223M	218M
Tax Assets	0.0	0.0	57.6M	54.8M	0.0	-126.7M	-169.5M	853.1M	1.3B	1.3B	17.2M	27.1M	1.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	65.4M	1.3B	39.9M	25.3M	30.6M	188.4M	190.4M	-847.9M	-1.3B	29.6M	41.4M	19.3M	14.4M	23.1M	22.6M	16.8M	15.8M	16.1M	10.8M	4.9M
Total Non-Current Assets	5.2B	4.6B	3.4B	3.4B	3.4B	3.9B	4.7B	5.1B	5.2B	5.3B	5.7B	5.4B	5B	4.8B	4B	3.6B	3.6B	2.9B	2.4B	1.7B
Total Assets	6.7B	5.8B	4.4B	4.4B	5B	4.8B	5.8B	6.2B	6.4B	6.8B	7.2B	6.7B	6.3B	5.7B	5B	4.3B	4.2B	3.6B	2.9B	2.1B
LIABILITIES
CURRENT LIABILITIES
Total Payables	217.9M	142.1M	155.3M	167.8M	125.5M	36.5M	193M	140M	143.6M	95.4M	110.7M	192.6M	144.4M	160.7M	120.9M	80.5M	86.2M	153.9M	124.6M	138.8M
Accounts Payable	217.9M	135.1M	130.9M	127M	72M	36.5M	123.1M	132.7M	135.6M	95.4M	110.7M	182M	144.4M	159.4M	103.9M	80.5M	70.2M	153.9M	124.6M	138.8M
Other Payables	0.0	7M	24.5M	40.8M	53.5M	0.0	69.8M	7.4M	8M	0.0	0.0	10.6M	0.0	1.3M	17.1M	0.0	16M	0.0	0.0	0.0
Accrued Expenses	0.0	73.7M	55.6M	58.6M	104.9M	27.1M	79.5M	80.9M	54.9M	43.5M	35.9M	88.1M	71.7M	52.2M	43.1M	33.4M	13.8M	128.4M	102.1M	97.1M
Short Term Debt	6.9M	17M	13.8M	0.0	483.5M	0.0	0.0	0.0	0.0	0.0	39.1M	40M	115M	40M	115M	0.0	105M	26.7M	0.0	28.7M
Capital Lease Obligations (Current)	36M	0.0	0.0	12.4M	12.6M	11.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	43.4M	24.5M	40.8M	26.2M	39.8M	69.8M	58.1M	43.6M	31.4M	39M	53.1M	38.3M	37.2M	0.0	44.9M	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	32.2M	33.7M	28.8M	13.2M	15M	40.2M	30.2M	35.7M	52.6M	60.9M	21.2M	23.9M	11.3M	-218.9M	6.4M	0.0	0.0	0.0	0.0
Other Current Liabilities	554.1M	181.9M	160.5M	127.2M	126.6M	129.3M	97.6M	126M	110.1M	138.5M	104.6M	165.5M	97.3M	117M	133.7M	98.8M	80.4M	0.0	0.0	0.0
Total Current Liabilities	814.8M	446.9M	418.9M	394.8M	866.3M	219.1M	410.2M	377.2M	344.4M	330.1M	351.2M	507.5M	452.3M	381.2M	416.7M	232.6M	301.9M	309M	226.6M	264.5M
NON-CURRENT LIABILITIES
Long Term Debt	2.2B	1.8B	545.1M	542.6M	542M	480.7M	479.4M	494M	492.9M	491.8M	492.4M	40M	80M	195M	235M	360M	420M	475M	445M	175M
Deferred Revenue (Non-Current)	30.1M	10.1M	8.1M	3.2M	1M	3M	9.5M	2.7M	7.7M	24.8M	39.5M	3.8M	9.8M	6.8M	-972.7M	-771.4M	-681.5M	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	624M	495.5M	575.4M	592.5M	563.4M	650.7M	806.6M	853.1M	1.3B	1.3B	1.3B	1.2B	1.2B	1.2B	975.3M	771.4M	681.5M	480M	363.5M	269.9M
Other Non-Current Liabilities	130.1M	70.3M	79M	84.4M	110.9M	123.7M	121.6M	105.1M	97.7M	81.9M	115.8M	64.3M	56M	74.8M	86.4M	88.3M	69.4M	58.7M	34.7M	43.4M
Total Non-Current Liabilities	3.1B	2.4B	1.2B	1.3B	1.3B	1.3B	1.4B	1.5B	1.9B	1.9B	1.9B	1.3B	1.4B	1.5B	1.3B	1.2B	1.2B	1B	843.2M	488.3M
Capital Lease Obligations	146.1M	59.7M	41M	39.7M	50.5M	45.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	3.9B	2.9B	1.7B	1.6B	2.1B	1.5B	1.8B	1.8B	2.3B	2.3B	2.3B	1.8B	1.8B	1.9B	1.7B	1.5B	1.5B	1.3B	1.1B	752.8M
SHAREHOLDERS' EQUITY
Treasury Stock	-463.5M	-489.4M	-464.4M	-235.5M	-181.6M	-198.2M	-195M	-173.2M	-191.8M	-188.3M	-182.4M	-113M	-91.1M	-84.1M	-4.7M	-27.2M	-31.1M	-35.7M	-60M	-49.1M
Common Stock	11.2M	11.2M	11.2M	11.2M	11.2M	11.2M	11.2M	11.2M	11.2M	11.1M	11.1M	11.1M	10.9M	10.8M	10.7M	10.7M	10.7M	10.7M	10.7M	10.7M
Additional Paid-In Capital	513M	518.1M	525.4M	528.3M	529.9M	521.6M	510.3M	500.4M	487.2M	448.5M	420.1M	384M	288.8M	236.2M	210.9M	191.9M	176M	169.5M	143.1M	135.5M
Retained Earnings	2.6B	2.9B	2.7B	2.5B	2.6B	3B	3.7B	4B	3.9B	4.3B	4.6B	4.5B	4.1B	3.5B	3B	2.5B	2.4B	2.1B	1.6B	1.2B
Accumulated Other Comprehensive Income/Loss	45M	-6.4M	-8M	-12.1M	-20.2M	-26.2M	-28.6M	16.6M	2.3M	-204K	-1.4M	83.1M	132.5M	166.8M	98.9M	84.1M	112.5M	38.4M	75.9M	69.6M
Total Stockholders' Equity	2.7B	2.9B	2.8B	2.8B	2.9B	3.3B	4B	4.4B	4.2B	4.6B	4.9B	4.9B	4.4B	3.8B	3.3B	2.8B	2.7B	2.3B	1.8B	1.4B
Total Equity	2.8B	2.9B	2.8B	2.8B	2.9B	3.3B	4B	4.4B	4.2B	4.6B	4.9B	4.9B	4.4B	3.8B	3.3B	2.8B	2.7B	2.3B	1.8B	1.4B
Minority Interest	104.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	6.7B	5.8B	4.4B	4.4B	5B	4.8B	5.8B	6.2B	6.4B	6.8B	7.2B	6.7B	6.3B	5.7B	5B	4.3B	4.2B	3.6B	2.9B	2.1B
Total Investments	91.3M	393.5M	405.9M	382.3M	334.1M	120.9M	85M	140.2M	128.5M	129.1M	149.9M	236.6M	316.2M	451.1M	347.9M	320.7M	356.4M	199M	223.4M	266.7M
Total Debt	2.3B	1.9B	600M	582.3M	1.1B	526M	479.4M	494M	492.9M	491.8M	492.4M	40M	80M	195M	235M	360M	420M	501.7M	445M	203.7M
Net Debt	2.1B	1.6B	283.7M	314M	158.4M	38.1M	131.4M	209.6M	-28.5M	-413.7M	-225.5M	-320.9M	-367.9M	98.9M	-129.2M	297M	278.5M	380.2M	355.8M	169.9M
Shares Outstanding	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800	99,439,800

SEC Filings

HP - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 03, 2026	June 03, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 16, 2026	March 10, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 06, 2026	March 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 04, 2026	March 04, 2026	2026	View Filing
10-Q 10-Q 2025 Q4 Q4	February 05, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 04, 2026	February 04, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	January 22, 2026	March 04, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 11, 2025	December 10, 2025	2025	View Filing

Showing 1 to 10 of 621 filings

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