Helmerich & Payne, Inc. (HP)

USD 30.61

(-6.22%)

Market Cap (In USD)

3.02 Billion

Revenue (In USD)

2.75 Billion

Net Income (In USD)

344.16 Million

Avg. Volume

1.61 Million

Currency
USD
Country
Energy
Open
-
Prev. Close
-
Day Range
-
Year Range
29.46-44.11
PE
-
EPS
-
Beta Value
1.392
ISIN
US4234521015
CUSIP
423452101
CIK
46765
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Energy
Industry
Oil & Gas Drilling
CEO
Mr. John W. Lindsay
Employee Count
-
Website
https://www.hpinc.com
Ipo Date
1980-10-15
Details
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.