tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Helmerich & Payne Announces CEO Retirement and Successor

Story Highlights
Helmerich & Payne Announces CEO Retirement and Successor

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest update is out from Helmerich & Payne ( (HP) ).

On December 10, 2025, Helmerich & Payne, Inc. announced that CEO John Lindsay will retire following the 2026 Annual Meeting of Stockholders, with President Raymond John ‘Trey’ Adams III set to succeed him. Lindsay, who has been pivotal in guiding the company through significant industry cycles and technological advancements, will remain as a senior advisor through December 2026 to ensure a smooth transition. Adams, with a strong background in various leadership roles within the company, is expected to continue focusing on performance, safety, and strategic growth, aiming to maintain H&P’s competitive edge and shareholder value.

The most recent analyst rating on (HP) stock is a Hold with a $33.00 price target. To see the full list of analyst forecasts on Helmerich & Payne stock, see the HP Stock Forecast page.

Spark’s Take on HP Stock

According to Spark, TipRanks’ AI Analyst, HP is a Outperform.

Helmerich & Payne’s overall stock score reflects a balanced outlook. Strong technical indicators and positive corporate events are offset by valuation concerns due to negative earnings. Financial performance is stable but challenged by profitability issues. The earnings call provided a positive strategic outlook despite current losses.

To see Spark’s full report on HP stock, click here.

More about Helmerich & Payne

Founded in 1920, Helmerich & Payne, Inc. (H&P) is a leader in the drilling industry, known for delivering high-performance drilling rigs and advanced technologies in both conventional and unconventional plays globally. The company is committed to innovation, safety, and integrity, operating a substantial fleet of land and offshore rigs.

Average Trading Volume: 1,599,720

Technical Sentiment Signal: Buy

Current Market Cap: $2.93B

See more insights into HP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1