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HP Stock Chart & Stats
$42.08
-$1.71(-4.84%)
At close: 4:00 PM EDT
$42.08
-$1.71(-4.84%)
Day’s Range― - ―
52-Week Range$23.11 - $48.17
Previous Close$33.63
Volume1.02M
Average Volume (3M)1.06M
Market Cap
$3.82B
Enterprise Value$4.97B
Total Cash (Recent Filing)$231.39M
Total Debt (Recent Filing)$1.86B
Price to Earnings (P/E)―
Beta0.88
Next Earnings
Nov 19, 2026EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend Yield2.62%
Share Statistics
EPS (TTM)-1.40
Shares Outstanding99,938,940
10 Day Avg. Volume1,032,693
30 Day Avg. Volume1,062,429
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 Cap1.30
Enterprise Value/Revenue1.24
Enterprise Value/Gross Profit11.85
Enterprise Value/Ebitda6.25
Forecast
1Y Price Target
$46.09Price Target Upside9.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)1.55
Revenue Forecast (FY)$4.30B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationStrong operating and free cash flow gives HP internal funding capacity for maintenance investment, debt reduction, dividends, and selective growth. The recent improvement supports resilience through the cycle, although management still links cash performance to industry conditions.
Low Financial LeverageVery low reported leverage reduces balance-sheet pressure and leaves HP better positioned to manage weaker drilling conditions. It also gives management flexibility to preserve shareholder returns, fund rig investments, and pursue deleveraging without relying heavily on new borrowing.
Technology And International ExpansionExpansion in Vaca Muerta and geothermal drilling broadens HP’s activity base beyond its core North American market. Record well performance, planned rig additions, and technology adoption could support utilization and create more durable growth opportunities over several quarters.
Bears Say
Revenue And Profitability DeteriorationThe decline in revenue and return to negative net margin show that HP’s earnings stability has weakened after the prior upcycle. Although EBITDA remains meaningful, lower operating profitability can restrict reinvestment capacity and make results more sensitive to drilling activity.
Geopolitical Operating DisruptionDisruptions in Iraq, Bahrain, and Saudi Arabia can reduce rig utilization and delay revenue recovery in international operations. The reactivation uncertainty also makes capacity planning and quarterly margin delivery less predictable, extending operational risk beyond a single reporting period.
Underlying Earnings VolatilityThe adjusted quarterly loss indicates that reported profitability was materially supported by a one-time gain rather than fully recurring operations. Combined with lumpy performance bonuses and reactivation timing, this makes sustainable earnings power harder to assess over the next several quarters.
Helmerich & Payne News
HP FAQ
What was Helmerich & Payne’s price range in the past 12 months?
Helmerich & Payne lowest stock price was $23.11 and its highest was $48.17 in the past 12 months.
What is Helmerich & Payne’s market cap?
Helmerich & Payne’s market cap is $3.82B.
When is Helmerich & Payne’s upcoming earnings report date?
Helmerich & Payne’s upcoming earnings report date is Nov 19, 2026 which is in 29 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 2.62%. See more information on Helmerich & Payne dividends here
What is Helmerich & Payne’s EPS estimate?
Helmerich & Payne’s EPS estimate is 0.3.
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 11.389%.
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
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$46.09 (9.53% Upside)
$46.09 (9.53% Upside)
Blogger Sentiment
Neutral
HP Sentiment 57%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 115.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.3%
Last 30 Days ▼ 5.2%
Last 30 Days ▼ 5.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
70.11%
12-Months-Change
Fundamentals
Return on Equity
-5.27%
Trailing 12-Months
Asset Growth
-8.38%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
$46.09
▲(9.53% Upside)
Technical Analysis
Ownership Overview
3.82% Insiders
22.80% Mutual Funds
0.15% Other Institutional Investors
35.14% Public Companies and
Individual Investors