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HP

Helmerich & Payne, Inc.

HP

NYSE·Energy·Oil & Gas Drilling·Mkt cap $3.1B

$31.30

▲ +1.23%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$15.17 - $41.82

P/E

-9.85

Fwd P/E

19.82

Beta

0.57

Div Yield

3.23%

Avg Vol

1.2M

Shares Out

99.8M

Mkt Cap

$3.1B

Price action

Price chart

Up 86.7% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

Turning profitable

Strong revenue growth (36% YoY)

Value

Fairly valued vs Oilfield Services peers

Momentum

Weak

-11.2% over 3m

Quality

Thin

Solid business

Dividend

Solid

3.23% yield

Earnings track record

Recent earnings results

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

Next: Apr 29, 2026

“
Q2 26 RECAP

MAY 6, 2026

Reported EPS of -$0.38 vs -$0.06 consensus (-533.3% surprise). Revenue of $932.4M vs $945.6M expected (-1.4%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-533.3%

Next: Apr 29, 2026

Revenue trend · last 8Q

—

—

—

+0%

+48%

+49%

+46%

+50%

Q2 24

Q3 24

Q4 24

Q1 24

Q2 25

Q3 25

Q4 25

Q1 25

$687.9M

$697.7M

$693.8M

$677.3M

$1.0B

$1.0B

$1.0B

$1.0B

Margins · last 8Q

Gross

11.9%

Operating

4.3%

Profit

-9.6%

View full earnings history →

Wall Street consensus

8 analysts · 38% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

38%

Hold

4

50%

Sell

1

13%

Median Price Target

$41.00

▲ +31.0% vs $31.30

Low $35.00
Median $41.00
High $43.00

Latest: Goldman Sachs · Jun 3, 2026

3 analysts covering

View full analyst page →

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.