Company

Helmerich & Payne, Inc.

Headquarters: Tulsa, OK, United States

Founded: 1920

Employees: 5,932

CEO: Mr. John W. Lindsay

NYSE: HP +0.99%

Market Cap

$3.49 Billion

USD as of July 1, 2024

Market Cap History

Helmerich & Payne, Inc. market capitalization over time

Evolution of Helmerich & Payne, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Helmerich & Payne, Inc.

Detailed Description

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, the company operated a fleet of 236 land rigs in North America; 30 international land rigs; and 7 offshore platform rigs. It also owns, develops, and operates commercial real estate properties. The company's real estate investments include a shopping center comprising approximately 390,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.

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Stocks & Indices

Helmerich & Payne, Inc. has the following listings and related stock indices.


Stock: NYSE: HP wb_incandescent

Stock: FSX: HPC wb_incandescent

Product & Services

Oilfield Products & Services

Financials

Revenue: US$2.487 billion (2018)

Operating income: US$493.0 million (2018)

Net income: US$482.7 million (2018)


Total assets: US$6.215 billion (2018)

Total equity: US$4.383 billion (2018)

Details

Headquarters:

1437 South Boulder Avenue

Suite 1400

Tulsa, OK 74119

United States

Phone: 918 742 5531