Helmerich and Payne Inc

Company Profile

Helmerich and Payne Inc had its IPO on 1980-10-15 under the ticker symbol HP.

The company operates in the Energy sector and Oil & Gas Drilling industry. Helmerich and Payne Inc has a staff strength of 8,000 employees.

Stock update

Shares of Helmerich and Payne Inc opened at $44.47 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $44.33 - $45.61, and closed at $45.38.

This is a +3.3% increase from the previous day's closing price.

A total volume of 1,351,191 shares were traded at the close of the day’s session.

In the last one week, shares of Helmerich and Payne Inc have increased by +9.03%.

Helmerich and Payne Inc's Key Ratios

Helmerich and Payne Inc has a market cap of $4.37 billion, indicating a price to book ratio of 1.8312 and a price to sales ratio of 2.4233.

In the last 12-months Helmerich and Payne Inc’s revenue was $2.84 billion with a gross profit of $632.36 million and an EBITDA of $894.99 million. The EBITDA ratio measures Helmerich and Payne Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Helmerich and Payne Inc’s operating margin was 18% while its return on assets stood at 7.39% with a return of equity of 14.73%.

In Q2, Helmerich and Payne Inc’s quarterly earnings growth was a positive 469.3% while revenue growth was a positive 31.6%.

Helmerich and Payne Inc’s PE and PEG Ratio

Forward PE

11.7647

Trailing PE

11.5605

PEG

0.0865

Its diluted EPS in the last 12-months stands at $3.8 per share while it has a forward price to earnings multiple of 11.7647 and a PEG multiple of 0.0865. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Helmerich and Payne Inc’s profitability.

Helmerich and Payne Inc stock is trading at a EV to sales ratio of 2.5728 and a EV to EBITDA ratio of 11.6863. Its price to sales ratio in the trailing 12-months stood at 2.4233.

Helmerich and Payne Inc stock pays annual dividends of $1 per share, indicating a yield of 4.41% and a payout ratio of 49.16%.

Balance sheet and cash flow metrics

Total Assets

$4.34 billion

Total Liabilities

$433.50 million

Operating Cash Flow

$-71838000.00

Capital Expenditure

$100.31 million

Dividend Payout Ratio

49.16%

Helmerich and Payne Inc ended 2024 with $4.34 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.34 billion while shareholder equity stood at $2.71 billion.

Helmerich and Payne Inc ended 2024 with $541.42 million in deferred long-term liabilities, $433.50 million in other current liabilities, 11222000.00 in common stock, $2.66 billion in retained earnings and $45.65 million in goodwill. Its cash balance stood at $220.61 million and cash and short-term investments were $293.22 million. The company’s total short-term debt was $0 while long-term debt stood at $545.00 million.

Helmerich and Payne Inc’s total current assets stands at $992.83 million while long-term investments were $246.06 million and short-term investments were $72.61 million. Its net receivables were $449.59 million compared to accounts payable of $151.67 million and inventory worth $101.30 million.

In 2024, Helmerich and Payne Inc's operating cash flow was $-71838000.00 while its capital expenditure stood at $100.31 million.

Comparatively, Helmerich and Payne Inc paid $0.49 in dividends in 2024.

Other key metrics

Current Trading Price

$45.38

52-Week High

$52.4171

52-Week Low

$29.5842

Analyst Target Price

$46.94

Helmerich and Payne Inc stock is currently trading at $45.38 per share. It touched a 52-week high of $52.4171 and a 52-week low of $52.4171. Analysts tracking the stock have a 12-month average target price of $46.94.

Its 50-day moving average was $40.87 and 200-day moving average was $39.58 The short ratio stood at 3.06 indicating a short percent outstanding of 0%.

Around 317.9% of the company’s stock are held by insiders while 9729.4% are held by institutions.