Helmerich & Payne Inc Stock
€38.69
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Description Helmerich & Payne
Helmerich & Payne, Inc. (Symbol: HP) is a publicly traded company listed on the New York Stock Exchange (NYSE). Founded in 1920, the company is headquartered in Tulsa, Oklahoma, United States. Helmerich & Payne is an industry leader in contract drilling services for the oil and gas industry. The company focuses mainly on land and offshore platform drilling contracts, exploring and developing oil and natural gas domestically and internationally.
The company operates through three main segments:
1. U.S. Land Operations: This segment offers drilling services in the United States, primarily in the Permian Basin, the Eagle Ford Shale, and the Bakken Formation. Helmerich & Payne operates the largest fleet of technologically advanced AC drive drilling rigs in the U.S. land drilling market, which increases efficiency and enables quicker well drilling.
2. Offshore Operations: This division includes the drilling services provided to offshore areas. It has a fleet of platform rigs, providing drilling services mainly in the Gulf of Mexico.
3. International Land Operations: In this segment, the company offers drilling services in international locations such as Colombia, Argentina, Bahrain, and the United Arab Emirates. This diversification allows the company to tap into various markets and leverage its expertise in international drilling.
Due to its drilling services, Helmerich & Payne is affected by fluctuations in oil and gas prices, and it relies heavily on investment by oil and gas producing companies for its revenue streams.
The company is committed to operational excellence, safety, efficiency, and service quality in its drilling operations. As of September 2021, John W. Lindsay serves as the President and Chief Executive Officer of the company, having been appointed in 2014.
For investors considering Helmerich & Payne, it's essential to understand the risks and potential rewards associated with the company's business model, market trends, and overall industry dynamics.
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Financial data and news for Helmerich & Payne
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Financials
News
Helmerich & Payne, Inc. Announces Fiscal Second Quarter 2024 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSE: HP) second quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, April 25, 2024, at 11:00 a.m. (ET) with
Helmerich & Payne, Inc. To Participate in Conferences in March 2024
Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice President of Digital Operations, Sales, and Marketing
Helmerich & Payne, Inc. Announces Retirement of Mark W. Smith, CFO
Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark W. Smith, Senior Vice President and Chief Financial Officer, has informed the Company of his intention to retire in August of 2024. The
Helmerich & Payne, Inc. To Participate in the 2024 THRIVE Energy Conference in February 2024
Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; and Dave Wilson, Vice
Helmerich & Payne, Inc. Announces Finalization of Contractual Terms with Saudi Aramco for Recent 7-rig Unconventional Gas Award
Helmerich & Payne, Inc. (the “Company” or “H&P”) (NYSE: HP) today announced that the Company and Saudi Aramco have finalized the contractual terms related to a recent 7-rig tender award.
The
Helmerich & Payne, Inc. Announces Fiscal First Quarter Results
Helmerich & Payne, Inc. (NYSE: HP) reported net income of $95 million, or $0.94 per diluted share, from operating revenues of $677 million for the quarter ended December 31, 2023, compared to net
Helmerich & Payne, Inc. Announces Fiscal First Quarter 2024 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSE: HP) first quarter 2024 earnings release, you are invited to listen to its conference call on Tuesday, January 30, 2024, at 11:00 a.m. (ET) with
Helmerich & Payne, Inc. To Participate in Conferences in January 2024
Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson
Helmerich & Payne, Inc. Announces Release of its 2023 Sustainability Report
Helmerich & Payne, Inc. (NYSE:HP) (H&P or the Company) today announced that it has released its 2023 Sustainability Report outlining the Company’s sustainability efforts and performance for its
Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results
Helmerich & Payne, Inc. (NYSE: HP) reported net income of $78 million, or $0.77 per diluted share, from operating revenues of $660 million for the quarter ended September 30, 2023, compared to net