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HP $30.45

HP target price
30.45
42
70
Helmerich & Payne, Inc.
Type
Public
Traded as NYSE: HP
S&P 500 Company
Industry Oilfield Services & Equipment
Founded 1920
Headquarters Tulsa, Oklahoma
Products Oilfield Products & Services
Revenue Increase US$ 3.720 Billion (2014)
Operating income
Increase US$ 1.054Billion (2014)
Net income
Increase US$ 708.7 Million (2014)
Total assets Increase US$ 6.722 Billion
Total equity Increase US$ 4.891 Billion
Number of employees
11,914 (2014)
Website www.hpinc.com

Helmerich & Payne, Inc. is a petroleum contract drilling company engaged in oil and gas well drilling for exploration and production companies headquartered in Tulsa, Oklahoma, with operations throughout the world. Their FlexRigs, introduced in 1998, have been used extensively in drilling unconventional shale formations, such as the Permian Basin in Texas, Bakken formation in North Dakota and the Eagle Ford formation in Texas. The company is part of the S&P 500 stock market index.

The company was founded in 1920 as a joint venture between Walt Helmerich II and Bill Payne, who met on an oil rig in South Bend, Texas. The company moved to Tulsa six years later.

After benefiting and growing as a result of shale drilling, as of 2015, the company was contracting as lower prices in crude oil led to cuts in use of their oil rigs.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q2 2023 2023-04-26 Future report Set alerts
Q1 2023 2023-01-30 1.11 1.11
Q4 2022 2022-11-16 0.45 0.45
Q3 2022 2022-07-27 0.27 0.27
Q2 2022 2022-04-27 -0.17 -0.17
Q1 2022 2022-01-31 -0.45 -0.45
Q4 2021 2021-11-17 -0.62 -0.62
Q3 2021 2021-07-28 -0.57 -0.57
Q2 2021 2021-04-29 -0.60 -0.60
Q1 2021 2021-02-09 -0.82 -0.82

Ratings

2016-07-11 Reiterated Rating Jefferies Group Sell $42.00 to $43.00
2016-07-06 Reiterated Rating BMO Capital Markets Sell
2016-06-21 Upgrade KeyBanc Sector Weight to Overweight $80.00
2016-06-21 Upgrade Goldman Sachs Hold
2016-06-21 Upgrade Goldman Sachs Group Inc. Hold
2016-06-21 Upgrade KeyCorp Sector Weight to Overweight $80.00
2016-06-13 Initiated Coverage Bank of America Buy
2016-06-13 Initiated Coverage Bank of America Corp. Buy
2016-06-01 Downgrade Credit Suisse Neutral to Underperform $46.00 to $48.00
2016-06-01 Downgrade Credit Suisse Group AG Neutral to Underperform $46.00 to $48.00
2016-05-12 Lower Price Target Citigroup Inc. Neutral $62.00 to $61.00
2016-05-03 Boost Price Target Nomura Buy $63.00 to $72.00
2016-05-03 Downgrade Scotiabank Outperform to Sector Perform
2016-05-03 Downgrade Howard Weil Sector Outperform to Sector Perform
2016-05-03 Boost Price Target Cowen and Company Market Perform $54.00 to $58.00
2016-05-03 Boost Price Target Nomura Holdings Inc. Buy $63.00 to $72.00
2016-05-02 Reiterated Rating BMO Capital Markets Sell
2016-05-02 Reiterated Rating Morgan Stanley Sell
2016-04-29 Downgrade FBR & Co. Outperform to Market Perform $66.00
2016-04-29 Downgrade FBR & Co Outperform to Market Perform $66.00
2016-04-15 Downgrade JPMorgan Chase & Co. Neutral to Underweight $43.00 to $39.00
2016-04-08 Initiated Coverage Nomura Buy $66.00
2016-04-04 Boost Price Target Iberia Capital Sector Perform $53.00 to $61.00
2016-03-28 Boost Price Target Howard Weil $65.00
2016-03-19 Reiterated Rating Citigroup Inc. Hold
2016-03-18 Boost Price Target Citigroup Inc. Neutral $50.00 to $62.00
2016-03-17 Downgrade Morgan Stanley Equal Weight to Underweight $50.00 to $55.00
2016-03-11 Downgrade Goldman Sachs Buy to Neutral $55.00 to $60.50
2016-03-09 Boost Price Target Susquehanna Neutral $53.00 to $63.00
2016-03-07 Downgrade Stephens Overweight to Equal Weight
2016-03-01 Upgrade RBC Capital Sector Perform to Outperform $49.00 to $65.00
2016-03-01 Upgrade Royal Bank Of Canada Sector Perform to Outperform $49.00 to $65.00
2016-02-10 Lower Price Target Citigroup Inc. $53.00 to $50.00
2016-02-02 Lower Price Target Jefferies Group Underweight $41.00 to $40.00
2016-01-30 Reiterated Rating Scotiabank Sector Outperform $65.00 to $60.00
2016-01-29 Lower Price Target Susquehanna Neutral $56.00 to $53.00
2016-01-29 Lower Price Target SunTrust Neutral $49.00 to $48.00
2016-01-29 Lower Price Target JPMorgan Chase & Co. $45.00 to $43.00
2016-01-29 Lower Price Target Howard Weil Sector Outperform $65.00 to $60.00
2016-01-29 Lower Price Target FBR & Co. Outperform $69.00 to $66.00
2016-01-29 Lower Price Target SunTrust Banks Inc. Neutral $49.00 to $48.00
2016-01-21 Lower Price Target Stephens $64.00 to $51.00
2016-01-13 Lower Price Target SunTrust $50.00 to $49.00
2016-01-08 Downgrade Macquarie Neutral to Underperform
2016-01-07 Lower Price Target Iberia Capital Sector Perform $54.00 to $53.00
2015-12-18 Boost Price Target RBC Capital Sector Perform $49.00 to $54.00
2015-12-15 Lower Price Target Iberia Capital Sector Perform $59.00 to $54.00
2015-12-14 Initiated Coverage KLR Group Buy $78.00
2015-12-11 Upgrade Citigroup Inc. Sell to Neutral $44.00 to $54.00
2015-12-03 Reiterated Rating Jefferies Group Buy $86.00 to $69.00
2015-12-03 Reiterated Rating Credit Suisse Neutral $65.00 to $47.00
2015-11-30 Upgrade Guggenheim Neutral to Buy $70.00
2015-11-16 Downgrade Evercore ISI Buy to Hold $58.00 to $49.00
2015-11-16 Lower Price Target Cowen and Company Market Perform $60.00 to $54.00
2015-11-13 Boost Price Target SunTrust Neutral $42.00 to $50.00
2015-11-13 Lower Price Target BMO Capital Markets Underperform $47.00 to $45.00
2015-11-13 Lower Price Target Susquehanna Neutral $60.00 to $56.00
2015-11-03 Downgrade Stephens Outperform to Equal Weight $79.00 to $74.00
2015-11-02 Lower Price Target Stephens Outperform to Outperform $90.00 to $79.00
2015-10-09 Upgrade Scotiabank Sector Perform to Sector Outperform
2015-10-08 Upgrade Scotia Howard Weill Sector Outperform
2015-10-08 Upgrade Howard Weil Sector Perform to Sector Outperform
2015-10-07 Lower Price Target SunTrust $49.00 to $42.00
2015-10-07 Lower Price Target Cowen and Company $67.00 to $60.00
2015-09-21 Reiterated Rating FBR & Co. Outperform $77.00 to $69.00
2015-09-21 Downgrade Iberia Capital Outperform to Sector Perform $79.00 to $60.00
2015-09-18 Downgrade RBC Capital Outperform to Sector Perform $83.00 to $55.00
2015-09-11 Reiterated Rating Citigroup Inc. Sell $45.00 to $43.00
2015-09-11 Downgrade Jefferies Group Hold to Underperform $40.00
2015-09-09 Downgrade Tudor Pickering Accumulate to Hold
2015-09-09 Reiterated Rating Macquarie Hold $56.00 to $52.00
2015-09-08 Lower Price Target Argus Buy $85.00 to $72.00
2015-09-05 Reiterated Rating Credit Suisse Hold
2015-09-04 Reiterated Rating Credit Suisse Neutral $56.00 to $45.00
2015-09-02 Downgrade BMO Capital Markets Market Perform to Underperform $65.00 to $48.00
2015-09-01 Lower Price Target Susquehanna $66.00 to $55.00
2015-08-28 Upgrade Stephens Equal Weight to Overweight $66.00
2015-08-26 Upgrade JPMorgan Chase & Co. Underweight to Neutral $60.00 to $52.00
2015-08-24 Lower Price Target SunTrust Neutral $56.00 to $49.00
2015-08-14 Reiterated Rating Citigroup Inc. Sell $61.00 to $56.00
2015-08-03 Reiterated Rating Cowen and Company Hold $70.00 to $67.00
2015-08-03 Upgrade Global Hunter Securities Neutral to Accumulate $72.00 to $65.00
2015-08-03 Upgrade Seaport Global Securities Neutral to Accumulate $72.00 to $65.00
2015-07-31 Reiterated Rating Credit Suisse Hold $61.00 to $56.00
2015-07-31 Reiterated Rating Scotiabank Sector Perform $77.00 to $70.00
2015-07-31 Lower Price Target Howard Weil Sector Perform $77.00 to $70.00
2015-07-08 Lower Price Target Citigroup Inc. Sell $70.00 to $61.00
2015-06-30 Lower Price Target Jefferies Group Hold $71.00 to $68.00
2015-06-29 Lower Price Target Global Hunter Securities Neutral $77.00 to $72.00
2015-06-29 Lower Price Target BMO Capital Markets Market Perform $76.00 to $73.00
2015-06-29 Lower Price Target Seaport Global Securities Neutral $77.00 to $72.00
2015-06-25 Downgrade Simmons Overweight to Neutral
2015-06-24 Lower Price Target Evercore ISI Buy $80.00 to $76.00
2015-05-29 Initiated Coverage JPMorgan Chase & Co. Underweight $63.00
2015-05-14 Downgrade Stephens Overweight to Equal Weight $79.00 to $74.00
2015-05-11 Boost Price Target Citigroup Inc. Sell $61.00 to $70.00
2015-05-07 Reiterated Rating Global Hunter Securities Neutral $73.00 to $77.00
2015-05-07 Reiterated Rating Seaport Global Securities Neutral $73.00 to $77.00
2015-05-01 Initiated Coverage Iberia Capital Outperform $89.00
2015-04-27 Boost Price Target Macquarie Neutral $54.00 to $56.00
2015-04-27 Reiterated Rating Howard Weil Sector Perform $70.00 to $77.00
2015-04-27 Upgrade Goldman Sachs Neutral to Buy $51.00 to $85.00
2015-04-24 Reiterated Rating Jefferies Group Hold $75.00 to $71.00
2015-04-22 Downgrade Edward Jones Hold to Sell
2015-04-20 Boost Price Target RBC Capital Outperform $80.00 to $88.00
2015-04-13 Downgrade Jefferies Group Buy to Hold $69.00 to $75.00
2015-03-31 Boost Price Target Citigroup Inc. Sell $51.00 to $61.00
2015-03-31 Reiterated Rating Susquehanna Hold $59.00
2015-03-31 Downgrade Scotiabank Sector Perform
2015-03-30 Downgrade Howard Weil Sector Outperform to Sector Perform
2015-02-27 Lower Price Target Argus Buy $108.00 to $85.00
2015-02-18 Initiated Coverage BMO Capital Markets Market Perform $76.00
2015-02-02 Reiterated Rating Jefferies Group Buy $86.00 to $69.00
2015-01-28 Downgrade Citigroup Inc. Neutral to Sell $71.00 to $55.00
2015-01-08 Downgrade KeyBanc Buy to Hold
2015-01-07 Lower Price Target Howard Weil Sector Outperform $90.00 to $70.00
2015-01-05 Downgrade Global Hunter Securities Hold $70.00
2015-01-05 Downgrade Seaport Global Securities Hold $70.00
2014-12-23 Downgrade Global Hunter Securities Accumulate to Neutral $89.00 to $70.00
2014-12-23 Downgrade Seaport Global Securities Accumulate to Neutral $89.00 to $70.00
2014-12-19 Reiterated Rating Citigroup Inc. Hold $76.00 to $71.00
2014-12-17 Upgrade Howard Weil Sector Perform to Sector Outperform $90.00
2014-12-16 Lower Price Target FBR & Co. Outperform $108.00 to $77.00
2014-11-26 Upgrade Morgan Stanley Underweight to Equal Weight $101.00 to $94.00
2014-11-25 Downgrade OTR Global Positive
2014-11-18 Lower Price Target Jefferies Group Buy $115.00 to $98.00
2014-11-18 Initiated Coverage SunTrust Neutral $85.00
2014-11-17 Reiterated Rating Citigroup Inc. Hold $81.00 to $76.00
2014-11-14 Lower Price Target Argus Buy $124.00 to $108.00
2014-10-28 Downgrade Wells Fargo & Co. Outperform to Market Perform
2014-10-28 Downgrade Wells Fargo Outperform to Market Perform
2014-10-15 Initiated Coverage Evercore ISI Buy
2014-10-15 Initiated Coverage Citigroup Inc. Neutral $81.00
2014-10-09 Upgrade Jefferies Group Hold to Buy $15.00
2014-09-23 Initiated Coverage Wells Fargo & Co. Outperform
2014-09-23 Initiated Coverage Wells Fargo Outperform
2014-09-18 Initiated Coverage GMP Securities Hold $113.00
2014-09-16 Initiated Coverage KeyBanc Buy $120.00
2014-09-11 Upgrade Argus Hold to Buy $124.00
2014-08-14 Upgrade Credit Suisse Underperform to Neutral
2014-08-12 Upgrade Global Hunter Securities Neutral to Accumulate $129.00 to $115.00
2014-08-12 Upgrade Seaport Global Securities Neutral to Accumulate $129.00 to $115.00
2014-08-01 Boost Price Target Cowen and Company $112.00 to $115.00
2014-08-01 Reiterated Rating Jefferies Group Hold $105.00 to $115.00
2014-08-01 Downgrade BMO Capital Markets Outperform to Market Perform
2014-07-23 Downgrade Tudor Pickering Buy to Accumulate
2014-07-16 Boost Price Target Global Hunter Securities $90.00 to $129.00
2014-07-16 Boost Price Target Seaport Global Securities $90.00 to $129.00
2014-07-10 Boost Price Target Goldman Sachs Neutral $109.00 to $114.00
2014-07-02 Upgrade Guggenheim Sell to Neutral
2014-06-23 Downgrade FBR Capital Outperform to Mkt Perform $120
2014-06-23 Downgrade FBR & Co. Outperform to Market Perform $110.00 to $120.00
2014-06-05 Boost Price Target Howard Weil Sector Perform $112.00 to $118.00
2014-06-04 Initiated Coverage Macquarie Neutral $106.00
2014-05-05 Downgrade Guggenheim Neutral to Sell $90.00 to $80.00
2014-05-01 Downgrade Howard Weil Sector Outperform to Sector Perform $112.00
2014-04-28 Boost Price Target Cowen and Company Market Perform $90.00 to $110.00
2014-04-25 Reiterated Rating Jefferies Group Hold $105.00
2014-04-11 Reiterated Rating Barclays Equal Weight $88.00 to $96.00
2014-03-06 Boost Price Target Howard Weil Sector Outperform $100.00 to $110.00
2014-03-06 Boost Price Target RBC Capital Outperform $100.00 to $115.00
2014-02-25 Boost Price Target FBR & Co. Outperform $98.00 to $107.00
2014-02-04 Downgrade Credit Suisse Neutral to Underperform $75.00
2014-02-03 Boost Price Target Jefferies Group $80.00 to $98.00
2014-01-31 Boost Price Target Cowen and Company Market Perform $86.00 to $90.00
2014-01-31 Boost Price Target FBR & Co. $90.00 to $98.00
2014-01-31 Boost Price Target Howard Weil $100.00
2014-01-31 Boost Price Target Susquehanna $83.00 to $89.00
2014-01-31 Boost Price Target Evercore ISI $93.00 to $102.00
2014-01-31 Boost Price Target Barclays $76.00 to $86.00
2014-01-31 Boost Price Target RBC Capital Outperform $96.00 to $100.00
2014-01-28 Reiterated Rating Guggenheim Neutral $83.00 to $76.00
2014-01-24 Initiated Coverage Stephens Overweight
2014-01-08 Upgrade RBC Capital Sector Perform to Outperform $84.00 to $96.00
2014-01-07 Downgrade Cowen and Company Outperform to Market Perform
2014-01-06 Downgrade Guggenheim Buy to Neutral
2013-12-06 Initiated Coverage FBR & Co. Outperform
2013-11-18 Reiterated Rating Citigroup Inc. Positive
2013-11-15 Reiterated Cowen Outperform $76 to $89
2013-11-15 Boost Price Target Susquehanna Neutral $77.00 to $82.00
2013-11-15 Boost Price Target RBC Capital $80.00 to $84.00
2013-11-15 Boost Price Target Global Hunter Securities Neutral $66.00 to $78.00
2013-11-15 Boost Price Target Barclays Equal Weight $72.00 to $76.00
2013-11-15 Boost Price Target Cowen and Company Outperform $76.00 to $89.00
2013-11-08 Upgrade Evercore ISI Neutral to Buy
2013-11-04 Boost Price Target Howard Weil Sector Outperform $74.00 to $86.00
2013-11-01 Boost Price Target Sanford C. Bernstein Market Perform $70.00 to $79.00
2013-10-16 Boost Price Target Susquehanna Neutral $67.00 to $77.00
2013-10-09 Boost Price Target RBC Capital Sector Perform $72.00 to $80.00
2013-09-26 Initiated Coverage Bank of America Buy $82.00
2013-02-06 Reiterated Argus Buy $60 to $75
2016-07-11 Reiterated Rating Jefferies Group Sell $42.00 to $43.00
2016-07-06 Reiterated Rating BMO Capital Markets Sell
2016-06-21 Upgrade KeyBanc Sector Weight to Overweight $80.00
2016-06-21 Upgrade Goldman Sachs Hold
2016-06-21 Upgrade Goldman Sachs Group Inc. Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
HELMERICH & PAYNE INC 3.70%  (4000000) ATW / HP /
HELMERICH HANS CEO 0.81%  (880203) ATW / HP / XEC /
LINDSAY JOHN W President & COO 0.17%  (182951) HP /
Bell John R. Vice Pres., Human Resources 0.05%  (50375) HP /
HELM GORDON K Vice President & Controller 0.04%  (45988) HP /
RUST EDWARD B JR 0.03%  (35644) CAT / HP / MHFI /
ZEGLIS JOHN D 0.03%  (32766) HP /
MACKEY STEVEN R Exec. Vice Pres., Gen. Counsel 0.03%  (27345) HP /
ARMSTRONG WILLIAM L 0.03%  (27147) HP /
Stauder Robert L. Sr. VP, drilling subsidiary 0.02%  (24836) HP /
Flaherty Jeffrey L Sr. VP, drilling subsidiary 0.02%  (22347) HP /
Clark Wade VP, drilling subsidiary 0.02%  (18637) HP /
Hair Cara M. Vice Pres., General Counsel 0.02%  (17649) HP /
Lennox Michael VP, drilling subsidiary 0.02%  (17446) HP /
MARSHALL CHAPMAN PAULA 0.02%  (16647) HP /
Tardio Juan Pablo VP & CFO 0.02%  (16628) HP /
Foutch Randy A 0.01%  (12650) HP / LNG / LPI /
Petrie Thomas A. 0.01%  (11334) HP /
Robillard Donald F JR 0.01%  (8034) HP / LNG /
Smith Mark W. CFO Designate 0.01%  (6185) ATW / HP /