Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Helmerich & Payne ( (HP) ) has issued an announcement.
On September 29, 2025, Helmerich & Payne, Inc. announced the promotion of Raymond John ‘Trey’ Adams III to President, effective October 1, 2025, as part of a strategic leadership restructuring. This move, alongside the appointments of Mike Lennox and John Bell to Executive Vice Presidents, aims to leverage their extensive experience to drive the company’s growth and strengthen its competitive position globally. These changes come as the company completes the integration of the KCAD acquisition and expands its global footprint, particularly focusing on opportunities in the Middle East.
The most recent analyst rating on (HP) stock is a Buy with a $25.00 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 Neutral.
Helmerich & Payne’s overall stock score reflects strong earnings call performance and positive technical indicators. However, profitability challenges and weak cash flow generation weigh on the score. The attractive dividend yield provides some valuation support.
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 leading provider in the drilling industry, known for its high-performance drilling rigs and advanced technologies in automation, directional drilling, and survey management. The company operates globally, with a significant presence in both conventional and unconventional plays, and maintains a fleet of land and offshore rigs.
Average Trading Volume: 2,042,133
Technical Sentiment Signal: Hold
Current Market Cap: $2.25B
Find detailed analytics on HP stock on TipRanks’ Stock Analysis page.