Helmerich & Payne, Inc., together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates through North America Solutions, Offshore Solutions, and International Solutions segments. The North America Solutions segment conducts operations primarily in Texas. The Offshore Solutions segment has drilling operations in Louisiana and in U.S. federal waters the North Sea and Norwegian Sea off the coast of Norway, Caspian Sea and other international waters. The International Solutions segment conducts drilling operations in Saudi Arabia, Argentina, Bahrain, Oman, Germany, and Kuwait. The company focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. It also owns and operates commercial real estate properties. In addition, the company’s real estate investments include a shopping center. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.
Drilling Dynamics | Helmerich & Payne navigates market challenges while expanding internationally, balancing established strengths with emerging hurdles in the oil and gas secto |
Strategic Expansion | Explore HP's two-pronged strategy: enhancing U.S. margins and growing internationally, with a focus on Saudi Arabia deployment and the transformative KCA Deutag acquisition |
Financial Outlook | Analysts project EPS of 3.21 for FY2025 and 3.85 for FY2026, with price targets ranging from $20 to $41, reflecting mixed views on HP's growth potential |
Industry Headwinds | Learn how HP tackles pricing pressures, operational hurdles in Saudi Arabia, and potential industry downturns while maintaining its competitive edge in high-spec rig offerings |
Metrics to compare | HP | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipHPPeersSector | |
|---|---|---|---|---|
P/E Ratio | −22.4x | −1.0x | 5.9x | |
PEG Ratio | 0.15 | 0.07 | 0.00 | |
Price/Book | 1.4x | 1.5x | 1.1x | |
Price / LTM Sales | 1.0x | 1.5x | 1.3x | |
Upside (Analyst Target) | −6.5% | −1.7% | 12.1% | |
Fair Value Upside | Unlock | 26.6% | 5.4% | Unlock |