Helmerich & Payne, Inc.

Helmerich & Payne, Inc.

HPยทNYSE

$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.

At a Glance

Live Snapshot
Market Cap$3.84B
EPS-1.6600
P/E Ratio-23.16
Earnings Date08/05/2026
3Y+132.0%
5Y+1.0%
10Y-28.0%
3Y+1051.0%
5Y+2091.0%
10Y+722.0%
3Y-109.0%
5Y-122.0%
10Y-119.0%
HP

Helmerich & Payne, Inc. Cash Conversion Engine

HP ยท NYSE
Net Income-159.95M
Depreciation & Amortization625.09M
Stock-Based Compensation31.59M
Change in Working Capital-79.78M
Others204.66M
Capital Expenditures-426.37M
Free Cash Flow116.58M

Cash Flow Quality Analysis

FCF Conversion Rate

-72.9%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

78.5%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-38.5%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$79.78M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Helmerich & Payne, Inc. Cash Flow Statement

HP โ€ข NYSE

Helmerich & Payne, Inc. Cash Flow StatementSep 2025Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009Sep 2008Sep 2007Sep 2006
OPERATING ACTIVITIES
-159.9M
344.2M
434.1M
6.6M
-326.2M
-496.4M
-32.5M
493M
-127.9M
-53M
422.3M
708.8M
721.5M
573.6M
434.7M
286.1M
353.5M
461.7M
449.3M
293.9M
625.1M
397.3M
382.3M
403.2M
419.7M
481.9M
562.8M
583.8M
585.5M
598.6M
607M
523.5M
455.6M
387.5M
315.5M
262.7M
236.4M
210.8M
146M
101.6M
-78.7M
-23.2M
-20.4M
-28.5M
-89.8M
-157.6M
-44.6M
-486.8M
-24.1M
60.1M
131.6M
27.1M
29.6M
196.9M
187.7M
105.7M
158.2M
129.6M
88.4M
8M
31.6M
31.2M
32.5M
28M
27.9M
36.3M
34.3M
31.7M
26.2M
24.4M
25.2M
26.7M
23.3M
18.1M
12.1M
15.9M
8.3M
0.0
0.0
0.0
204.7M
-26.4M
-29.3M
-19.6M
68.2M
514.2M
239.8M
11.2M
8.6M
-33.4M
-94.8M
-90.8M
-204.1M
-216M
-202.8M
-114.8M
-181.7M
19.3M
8M
9.8M
(205.6M)
(181.3M)
(199.1M)
(17.7M)
(1.5M)
(46.7M)
(16.2M)
(38.4M)
(3.7M)
(15.6M)
(131.1M)
(317.6M)
(363.3M)
(145M)
(19.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-79.8M
-38.4M
34.5M
-155.7M
36.5M
160.4M
95.9M
-88.4M
-111.1M
157M
327.5M
-76.8M
-28.7M
40.2M
230.5M
-93.2M
322.5M
-137M
8M
-77.1M
543M
684.7M
833.7M
233.9M
136.4M
538.9M
855.8M
544.5M
357.2M
753.6M
1.4B
1.1B
997.2M
1B
977.6M
462.3M
897.3M
610.8M
561.1M
296.4M
INVESTING ACTIVITIES
-426.4M
-495.1M
-395.5M
-272.5M
-82.1M
-140.8M
-458.4M
-466.6M
-397.6M
-257.2M
-1.1B
-952.9M
-809.1M
-1.1B
-694.3M
-329.6M
-880.8M
-705.6M
-894.2M
-528.9M
-1.8B
(0.0)
(0.0)
-250K
(130M)
(15.1M)
-16.2M
-47.9M
-70.4M
(21.8M)
(0.0)
(0.0)
(0.0)
(0.0)
-4M
-7.9M
-16K
-12M
(0.0)
(11.8M)
-120.4M
-209.8M
-201.7M
-216.4M
-417.6M
-134.6M
-97.7M
-71M
-69.9M
-57.3M
-45.6M
(0.0)
(0.0)
(0.0)
-26.8M
-16K
-12.5M
(22.9M)
(0.0)
-148.4M
410.3M
204.2M
195.3M
266.8M
207.7M
94.6M
98.8M
68.8M
69.4M
58.4M
0.0
49.2M
232.2M
0.0
30.7M
20.4M
541K
25.5M
127.8M
113.7M
47.1M
41.9M
79.3M
55.1M
0.0
77.8M
50.8M
44.4M
23.4M
21.8M
22.5M
30.8M
43M
47.4M
26.8M
7.9M
8.7M
13.9M
67.8M
3M
-1.9B
-458.7M
-322.6M
-167.3M
-162M
-87.9M
-422.6M
-472.4M
-445M
-234.2M
-1.2B
-872.9M
-533.8M
-1.1B
-667.5M
-309.3M
-884M
-655.3M
-698.6M
-548.9M
FINANCING ACTIVITIES
0.0
-51.3M
-247.2M
-77M
-2.2M
-28.5M
-42.8M
-7.1M
0.0
1M
-59.7M
0.0
0.0
-77.6M
0.0
0.0
0.0
14.5M
-13.8M
-16M
197.4M
1.2B
0.0
-487.1M
548.7M
0.0
0.0
0.0
0.0
-40M
457.1M
-115M
-40M
-115M
-10M
-167M
25.3M
56.7M
223.8M
21.2M
-100.7M
-168.5M
-201.5M
-107.4M
-109.1M
-260.3M
-313.4M
-308.4M
-305.5M
-300.2M
-298.4M
-264.4M
-93.1M
-30M
-26.7M
-22.3M
-21.1M
-19.3M
-18.6M
-17.7M
(0.0)
-51.3M
-247.2M
-77M
-2.2M
-28.5M
-42.8M
-7.1M
-6.6M
(0.0)
-59.7M
-3M
-1.7M
-77.6M
(0.0)
(0.0)
(0.0)
(0.0)
-17.6M
-28.4M
-30M
-41.4M
-15.2M
-62.8M
-11.9M
-8.4M
-23.2M
-4.3M
9.1M
-4.1M
-4.2M
46.8M
21.5M
4.5M
28M
3.1M
2.5M
24.9M
1.5M
10.2M
66.7M
986.5M
-463.9M
-734.3M
425.5M
-297.2M
-376.3M
-309.2M
-296.4M
-343.2M
94.9M
-332.6M
-111.6M
-218.2M
-8.8M
-186.2M
6.7M
76.8M
192.9M
-2.4M
CASH FLOW SUMMARY
13M
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
-1.3B
1.2B
47.2M
-667.7M
400M
153.8M
56.8M
-237M
-384.2M
176.2M
357.1M
-87M
351.8M
-268.2M
301.2M
-33.1M
20M
32.3M
55.4M
-254.9M
1.5B
316.2M
269M
936.7M
536.7M
383M
326.2M
521.4M
905.6M
729.4M
360.9M
447.9M
96.1M
364.2M
63M
96.1M
121.5M
89.2M
33.9M
288.8M
225.9M
1.5B
316.2M
269M
936.7M
536.7M
383M
284.4M
521.4M
905.6M
718M
360.9M
447.9M
96.1M
364.2M
63M
141.5M
121.5M
89.2M
33.9M
116.6M
189.6M
438.2M
-38.6M
54.3M
398.1M
397.3M
77.9M
-40.4M
496.4M
285.3M
165.6M
188.1M
-97.3M
283.3M
132.7M
16.6M
-94.8M
-333.1M
-232.5M

SEC Filings

HP - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 03, 2026
June 03, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
8-K

8-K 2026

N/A

March 16, 2026
March 10, 2026
2026
8-K

8-K 2026

N/A

March 06, 2026
March 04, 2026
2026
8-K

8-K 2026

N/A

March 04, 2026
March 04, 2026
2026
10-Q

10-Q 2025 Q4

Q4

February 05, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 04, 2026
February 04, 2026
2026
DEF 14A

DEF 14A 2026

N/A

January 22, 2026
March 04, 2026
2026
8-K

8-K 2025

N/A

December 11, 2025
December 10, 2025
2025
Showing 1 to 10 of 621 filings