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HP Stock Chart & Stats
$35.34
-$1.71(-4.84%)
At close: 4:00 PM EDT
$35.34
-$1.71(-4.84%)
Day’s Range― - ―
52-Week Range$17.30 - $44.80
Previous Close$33.63
Volume1.02M
Average Volume (3M)1.19M
Market Cap
$4.42B
Enterprise Value$4.97K
Total Cash (Recent Filing)$231.39M
Total Debt (Recent Filing)$1.86B
Price to Earnings (P/E)―
Beta0.82
Next Earnings
Nov 18, 2026EPS Estimate
0.21Next Dividend Ex-DateN/A
Dividend Yield2.26%
Share Statistics
EPS (TTM)-1.40
Shares Outstanding99,938,940
10 Day Avg. Volume934,618
30 Day Avg. Volume1,194,732
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.80
Price to Sales (P/S)0.59
P/FCF Ratio18.81
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$43.00Price Target Upside21.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)-0.35
Revenue Forecast (FY)$4.01B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationRobust operating cash flow ($799M) and materially higher free cash flow ($404M, +57.8% TTM) create durable internal funding. This supports maintenance capex, the base dividend, debt paydown and opportunistic investments, improving resilience through oilfield cycles and enabling strategic execution without sole reliance on external capital.
Conservative Balance Sheet & DeleveragingA notably low leverage profile and active paydown (early $400M term-loan repayment) give the company financial flexibility. Management's explicit target toward ~1.0x net debt/EBITDA and bond retirement reduces refinancing risk, preserves optionality for capex/dividends, and strengthens the long-term credit and liability structure.
Operational & Technology LeadershipHigh-spec fleet and tech adoption (robotics, performance programs) drive superior North America margins and efficiency. Geothermal and strong Vaca Muerta presence diversify end markets, supporting multi-year contracts and pricing power. These structural operational strengths improve sustainable dayrates and competitive positioning over time.
Bears Say
TTM Revenue Decline And Net LossA material TTM revenue drop (-15.2%) and a negative net margin indicate weakened core profitability versus recent upcycles. Negative ROE signals equity returns under pressure, which can constrain reinvestment and raise stakeholder scrutiny. Sustained margin recovery is required to restore historical return levels and durable earnings power.
Geopolitical Exposure And Operational DisruptionMaterial exposure to volatile regions creates recurring operational risk and revenue uncertainty: suspended rigs and delayed reactivations depress utilization and widen guidance ranges. These geopolitical factors can cause prolonged earnings variability and complicate long-term planning for international fleet deployment and capital allocation.
Earnings Volatility & One-time ItemsReliance on one-time gains and performance-related bonuses creates distortion in GAAP results and uneven quarter-to-quarter margins. This complicates trend assessment and forecasting; combined with historical capex and FCF volatility across cycles, it impairs predictability of sustainable earnings and makes long-term return visibility weaker.
Helmerich & Payne News
HP FAQ
What was Helmerich & Payne’s price range in the past 12 months?
Helmerich & Payne lowest stock price was $17.30 and its highest was $44.80 in the past 12 months.
What is Helmerich & Payne’s market cap?
Helmerich & Payne’s market cap is $4.42B.
When is Helmerich & Payne’s upcoming earnings report date?
Helmerich & Payne’s upcoming earnings report date is Nov 18, 2026 which is in 92 days.
How were Helmerich & Payne’s earnings last quarter?
Helmerich & Payne released its earnings results on Aug 05, 2026. The company reported -$0.11 earnings per share for the quarter, missing the consensus estimate of $0.095 by -$0.205.
Is Helmerich & Payne overvalued?
According to Wall Street analysts Helmerich & Payne’s price is currently Undervalued.
Does Helmerich & Payne pay dividends?
Helmerich & Payne pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 2.26%. See more information on Helmerich & Payne dividends here
What is Helmerich & Payne’s EPS estimate?
Helmerich & Payne’s EPS estimate is 0.21.
How many shares outstanding does Helmerich & Payne have?
Helmerich & Payne has 99,938,940 shares outstanding.
What happened to Helmerich & Payne’s price movement after its last earnings report?
Helmerich & Payne reported an EPS of -$0.11 in its last earnings report, missing expectations of $0.095. Following the earnings report the stock price went up 11.388%.
Which hedge fund is a major shareholder of Helmerich & Payne?
Currently, no hedge funds are holding shares in HP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Helmerich & Payne Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$43.00 (21.68% Upside)
$43.00 (21.68% Upside)
Blogger Sentiment
Neutral
HP Sentiment 71%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 128.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.1%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
117.98%
12-Months-Change
Fundamentals
Return on Equity
2.26%
Trailing 12-Months
Asset Growth
-8.38%
Trailing 12-Months
Company Description
Helmerich & Payne
Helmerich & Payne, Inc., along with its affiliated companies, provides specialized drilling services and innovative solutions to businesses involved in the exploration and production of oil and gas. The company's operations are strategically organized into three distinct divisions: North America Solutions, Offshore Gulf of Mexico, and International Solutions. Within the North America Solutions segment, primary drilling activities are conducted across a broad geographical area, encompassing U.S. states such as Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. This division also actively pursues the development, promotion, and commercialization of advanced technologies designed to enhance drilling efficiency, wellbore quality, and accurate placement. The Offshore Gulf of Mexico segment focuses its drilling endeavors in Louisiana and within the federal waters of the U.S. Gulf of Mexico. Internationally, the Solutions segment manages drilling projects in various countries, including Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, Helmerich & Payne commanded a substantial fleet, featuring 236 land rigs situated in North America, 30 land rigs operating internationally, and 7 offshore platform rigs. Beyond its core drilling operations, the company also maintains an interest in commercial real estate. Its property portfolio in Tulsa, Oklahoma, comprises a shopping center offering approximately 390,000 square feet of leasable space, alongside about 176 acres of undeveloped land. Helmerich & Payne, Inc. was founded in 1920 and continues to maintain its corporate headquarters in Tulsa, Oklahoma.
HP Company Deck
HP Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial wins — higher revenue (+11% sequential), beat on adjusted EBITDA ($236M), robust free cash flow ($98M), notable NAS margin expansion and rig reactivations, offshore outperformance, and accelerating momentum in Argentina and geothermal. Management also laid out a concrete deleveraging and cost-reduction plan (targeting 1.0x net debt/EBITDA, $40M annual corporate cost savings, and $160M+ asset-sale proceeds). Offsetting these positives are continuing geopolitical disruptions in the Middle East that have delayed some reactivations, lumpy performance bonus timing, and the fact that reported EPS included a material one-time gain (adjusted EPS would be a loss). On balance, the highlights and forward-looking initiatives outweigh the lowlights, though some execution and geopolitical risks remain.View all HP earnings summariesHP Stock 12 Month Forecast
Average Price Target
$43.00
▲(21.68% Upside)
Technical Analysis
Ownership Overview
3.94% Insiders
22.80% Mutual Funds
24.33% Other Institutional Investors
14.69% Public Companies and
Individual Investors