Last $71.85 USD
Change Today +5.42 / 8.16%
Volume 3.4M
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As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

helmerich & payne (HP) Snapshot

Open
$67.69
Previous Close
$66.43
Day High
$71.91
Day Low
$67.01
52 Week High
07/2/14 - $118.95
52 Week Low
12/16/14 - $59.24
Market Cap
7.8B
Average Volume 10 Days
2.7M
EPS TTM
$6.08
Shares Outstanding
108.3M
EX-Date
02/11/15
P/E TM
11.8x
Dividend
$2.75
Dividend Yield
3.65%
Current Stock Chart for HELMERICH & PAYNE (HP)

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helmerich & payne (HP) Details

Helmerich & Payne, Inc. primarily operates as a contract drilling company in South America, the Middle East, and Africa. It provides drilling rigs, equipment, personnel, and camps on a contract basis to explore for and develop oil and gas from onshore areas and fixed platforms, tension-leg platforms, and spars in offshore areas. As of November 13, 2014, the company’s fleet included 333 land rigs in the U.S., 37 international land rigs, and 9 offshore platform rigs. Its contract drilling business operates through three reportable segments: U.S. Land, Offshore, and International Land. The U.S. Land segment operates primarily in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Pennsylvania, Ohio, Utah, New Mexico, Montana, North Dakota, West Virginia, and Nevada. The Offshore segment conducts operations in the Gulf of Mexico and Equatorial Guinea. The International Land segment has operates in Ecuador, Colombia, Argentina, Tunisia, Bahrain, the United Arab Emirates, and Mozambique. The company, through its subsidiaries, is also involved in the ownership, development, and operation of commercial real estate; and the research and development of rotary steerable technology. Its real estate investments include a shopping center containing approximately 441,000 leasable square feet, multi-tenant industrial warehouse properties containing approximately one million leasable square feet, and approximately 210 acres of undeveloped real estate located within Tulsa, Oklahoma. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.

11,901 Employees
Last Reported Date: 11/26/14
Founded in 1920

helmerich & payne (HP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.2M
Chief Financial Officer and Vice President
Total Annual Compensation: $683.1K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $750.5K
Chairman of The Board and Consultant
Total Annual Compensation: $1.7M
Compensation as of Fiscal Year 2013.

helmerich & payne (HP) Key Developments

Helmerich & Payne, Inc. Declares Quarterly Cash Dividend, Payable March 2, 2015

The Directors of Helmerich & Payne, Inc., at a Board of Directors meeting held on December 2, 2014, declared a quarterly cash dividend of $0.6875 per share on its common stock, payable March 2, 2015, to stockholders of record at the close of business February 13, 2015.

Helmerich & Payne, Inc. Reports Unaudited Consolidated Earnings Results for Fourth Quarter and Year Ended September 30, 2014; Provides Financial Outlook for the Fiscal Year 2015

Helmerich & Payne, Inc. reported unaudited consolidated earnings results for fourth quarter and year ended September 30, 2014. For the quarter, the company’s operating revenues were $985,038,000 against $864,536,000 a year ago. Operating income was $263,502,000 against $243,234,000 a year ago. Income from continuing operations before income tax was $262,864,000 against $245,447,000 a year ago. Income from continuing operations was $168,705,000 against $159,797,000 a year ago. Net income was $168,688,000 against $159,797,000 a year ago. Diluted earnings per common share from continuing operations were $1.53 against $1.47 a year ago. Diluted net income was $1.53 against $1.47 a year ago. For the year, the company’s operating revenues were $3,719,707,000 against $3,387,614,000 a year ago. Operating income was $1,054,787,000 against $956,661,000 a year ago. Income from continuing operations before income tax was $1,096,314,000 against $1,114,297,000 a year ago. Income from continuing operations was $708,766,000 against $721,453,000 a year ago. Net income was $708,719,000 against $736,639,000 a year ago. Diluted earnings per common share from continuing operations were $6.46 against $6.65 a year ago. Diluted net income was $6.46 against $6.79 a year ago. Net cash provided by operating activities was $1,118,527,000 against $997,185,000 a year ago. Capital expenditures were $952,892,000 against $809,066,000 a year ago. The company's capital expenditures for fiscal 2015 are expected to be in the range of $1.4 billion to $1.7 billion, depending primarily on drilling market conditions and incremental demand for additional new FlexRigs during the fiscal year. Depreciation expense is expected to increase to slightly over $600 million, and general and administrative expenses are estimated at slightly over $140 million for fiscal 2015. The company expects the effective tax rate for fiscal 2015 to be between 35% and 36%.

Helmerich & Payne, Inc. to Report Q4, 2014 Results on Nov 13, 2014

Helmerich & Payne, Inc. announced that they will report Q4, 2014 results at 10:00 AM, GMT Standard Time on Nov 13, 2014

 

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HP

Industry Average

Valuation HP Industry Range
Price/Earnings 11.1x
Price/Sales 2.1x
Price/Book 1.6x
Price/Cash Flow 6.4x
TEV/Sales 2.0x
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