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Earnings transcript
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HP
Helmerich & Payne, Inc.
$37.43
-0.25
(-0.66%)
| Exchange: | NYSE |
| Market Cap: | 3.741B |
| Shares Outstanding: | 100.584M |
Delayed data
About The Company
| Sector: | EnergyView sector performance | |||||
| Industry: | Oil & Gas DrillingView industry performance | |||||
| CEO: | Raymond John Adams | |||||
| Full Time Employees: | 15700 | |||||
| Address: |
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| Website: | https://www.hpinc.com |
Helmerich & Payne, Inc., along with its affiliated companies, provides specialized drilling services and innovative solutions to businesses involved in the exploration and production of oil and gas. The company’s operations are strategically organized into three distinct divisions: North America Solutions, Offshore Gulf of Mexico, and International Solutions. Within the North America Solutions segment, primary drilling activities are conducted across a broad geographical area, encompassing U.S. states such as Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. This division also actively pursues the development, promotion, and commercialization of advanced technologies designed to enhance drilling efficiency, wellbore quality, and accurate placement. The Offshore Gulf of Mexico segment focuses its drilling endeavors in Louisiana and within the federal waters of the U.S. Gulf of Mexico. Internationally, the Solutions segment manages drilling projects in various countries, including Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, Helmerich & Payne commanded a substantial fleet, featuring 236 land rigs situated in North America, 30 land rigs operating internationally, and 7 offshore platform rigs. Beyond its core drilling operations, the company also maintains an interest in commercial real estate. Its property portfolio in Tulsa, Oklahoma, comprises a shopping center offering approximately 390,000 square feet of leasable space, alongside about 176 acres of undeveloped land. Helmerich & Payne, Inc. was founded in 1920 and continues to maintain its corporate headquarters in Tulsa, Oklahoma.
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Revenue Segmentation
HP full analysis
Welcome to MARKETSNAP’s SWOT analysis for HP Inc.! Hey everyone, I’m thrilled to dive into this tech giant with you today. If you’re a long-term investor looking to build wealth, you’ve likely got HP on your radar, so let’s break down what’s driving this company and where it’s headed. We’re going to cover a full SWOT—strengths, weaknesses, opportunities, and threats—while weaving in the latest news, financials, and performance trends. Grab a coffee, let’s get into it! General Overview and Recent…
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 2,872,421 | 2,756,607 | 3,746,013 |
| Gross Profit | 775,009 | 729,038 | 553,501 |
| EBITDA | 992,976 | 907,457 | 658,780 |
| Operating Income | 561,889 | 451,899 | 232,324 |
| Net Income | 434,100 | 344,165 | -165,094 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 4,381,956 | 5,781,898 | 6,705,738 |
| Total Liabilities | 1,610,013 | 2,864,746 | 3,876,400 |
| Total Stockholders Equity | 2,771,943 | 2,917,152 | 2,724,790 |
| Total Debt | 599,954 | 1,858,912 | 2,063,942.999 |
| Cash and Cash Equivalents | 257,174 | 217,341 | 224,260 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 833,682 | 684,663 | 542,950 |
| Capital Expenditure | -395,460 | -495,072 | -426,373 |
| Free Cash Flow | 438,222 | 189,591 | 116,577 |
| Net Income | 434,100 | 344,165 | -159,948 |
| Net Change in Cash | 47,229 | 1,212,422 | -1,302,760 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 4,046,649.993 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 4,446,948.531 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 4,295,000 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 778,141.791 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 798,669.333 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 790,877.382 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 107,417.268 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 121,490.067 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 116,148.241 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 378,190.648 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 415,601.633 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 401,400.871 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 1.170 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 1.220 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 1.080 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 1 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 1 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Solid Financial Performance: HP has demonstrated consistent revenue growth as reported in recent income statements, with positive trends in net income and operating cash flow. Strong free cash flow generation, as seen in cash flow statements, indicates operational efficiency and financial stability, providing a robust foundation for reinvestment or dividend payouts.
- Market Position and Scale: As a key player in the technology hardware industry within the broader technology sector, HP benefits from a significant market capitalization and a global presence, as evidenced by revenue from diverse geographic segments. This scale supports economies of scale and competitive positioning.
- Dividend Yield and Shareholder Returns: HP offers a competitive dividend yield (as per key metrics TTM), reflecting a commitment to returning value to shareholders. This is further supported by consistent dividend payments noted in cash flow statements, appealing to income-focused investors.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates HP intrinsic value between $22.91 – $24.80 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about HP valuation
Is Helmerich & Payne, Inc. (HP) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for Helmerich & Payne, Inc. (HP) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is HP a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether HP trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is HP’s P/E ratio?
You can see HP’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for HP?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is HP a good long-term investment?
Whether HP fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
HP
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Daily snapshot
-0.66
Trading Metrics:
| Open: | 38.01 | Previous Close: | 37.68 | |
| Day Low: | 36.97 | Day High: | 38.06 | |
| Year Low: | 22.8 | Year High: | 48.17 | |
| Price Avg 50: | 41.46 | Price Avg 200: | 36.84 | |
| Volume: | 1.545M | Average Volume: | 1.222M |
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