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HP

Helmerich & Payne, Inc.

HP

NYSE·Energy·Oil & Gas Drilling·Mkt cap $4.4B

$44.36

-1.47%

P/E

-31.69

Mkt Cap

$4.4B

52-Wk Range

$19.62–$48.17

52-Week Range

$19.62 - $48.17

P/E

-31.69

Fwd P/E

-111.50

Beta

0.62

Div Yield

2.25%

Avg Vol

1.3M

Shares Out

99.8M

Mkt Cap

$4.4B

Price action

Price chart

Up 121.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Large, modern fleet of 273 total drilling rigs (236 land, 30 international, 7 offshore) providing scale and geographic diversification
  • Proprietary drilling technologies and innovation capabilities that enhance wellbore quality, placement, and operational efficiency, commanding premium day rates
  • Diversified geographic footprint across North America, Latin America, Middle East, and Gulf of Mexico reducing exposure to regional downturns
  • Long operational history since 1920 with established customer relationships and industry expertise
  • Real estate assets in Tulsa providing additional revenue streams and balance sheet diversification

Bear Case

1 risk

  • Low volatility (beta 0.6).

Growth

Stable outlook

Strong revenue growth (36% YoY)

Value

Deep value opportunity - significant discount to Oilfield Services peers

Momentum

Strong

+18.4% over 3m

Quality

Thin

Solid business

Dividend

Solid

2.25% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 16, 2026

Q3 26 RECAP

AUG 5, 2026

Reported EPS of -$0.11 vs $0.09 consensus (-216.1% surprise). Revenue of $1.0B vs $987.7M expected (+4.8%).

EPS miss
Rev beat +4.8%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-216.1%

Revenue trend · last 8Q

+0%

+48%

+49%

+46%

+50%

-8%

-1%

Q4 24

Q1 24

Q2 25

Q3 25

Q4 25

Q1 25

Q2 26

Q3 26

$693.8M

$677.3M

$1.0B

$1.0B

$1.0B

$1.0B

$932.4M

$1.0B

Margins · last 8Q

Gross

0.0%

Operating

18.2%

Profit

7.3%

Wall Street consensus

6 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

50%

Hold

2

33%

Sell

1

17%

Median Price Target

Latest: Morgan Stanley · Aug 20, 2026

vs Industry

How HP stacks vs Oil & Gas Drilling

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.