Helmerich & Payne, Inc. (HP)Energy | Oil & Gas Drilling | Tulsa, United States | NYSE
33.97 USD
+0.64
(1.920%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:35 a.m. EDT
The investment case for Helmerich & Payne is currently broken by a severe multi-year structural decline. Despite a recent inclusion in the Russell Growth index, the stock has lost 74% of its value over the last nine years, with the last three consecutive years showing negative returns. This persistent downward trajectory, combined with negative profit margins and a forward P/E that implies earnings recovery without historical precedent, suggests the market views the current price as a reflection of deteriorating business quality rather than a bargain. The 3% dividend yield is insufficient to offset the risk of continued erosion, especially given the company's negative return on equity and shrinking revenue. While the Russell inclusion offers a potential narrative reset for growth-oriented investors, the fundamental reality remains stark: the company is failing to generate sustainable value, and the heavy put option activity confirms that sophisticated traders are betting against further downside. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.056986 |
| MSTL | 0.057295 |
| AutoARIMA | 0.057558 |
| AutoTheta | 0.062658 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 37% |
| H-stat | 14.06 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.015 |
| Excess Kurtosis | 0.22 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2026-08-17 |
| Last Dividend Date | 2026-05-17 |
| Debt to Equity Ratio | 76.142 |
| Revenue per Share | 40.193 |
| Market Cap | 3,394,654,464 |
| Forward P/E | 22.96 |
| Beta | 0.60 |
| Profit Margins | -9.38% |
| Website | https://www.hpinc.com |
As of July 11, 2026, 3:35 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in deep out-of-the-money puts (strikes 12.5, 17.5, 27.5) expiring late in 2026 and early 2027. While there is some call volume at strikes 40.0 and 50.0, the overwhelming capital allocation is in the put side, suggesting a fear of further significant declines rather than a bullish breakout.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.60% | 3.71% | 4.17% | 3.99% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-05-18 | 0.25000 | 0.601974 |
| 2026-02-13 | 0.25000 | 0.753012 |
| 2025-11-18 | 0.25000 | 0.941265 |
| 2025-08-15 | 0.25000 | 1.413228 |
| 2025-05-15 | 0.25000 | 1.375894 |
| 2025-02-14 | 0.25000 | 0.941974 |
| 2024-11-18 | 0.25000 | 0.743163 |
| 2024-08-16 | 0.42000 | 1.232033 |
| 2024-05-16 | 0.42000 | 1.099189 |
| 2024-02-12 | 0.42000 | 1.114354 |
| 2023-11-17 | 0.42000 | 1.103811 |
| 2023-08-16 | 0.48500 | 1.188143 |
| 2023-05-17 | 0.48500 | 1.527559 |
| 2023-02-13 | 0.48500 | 1.055036 |
| 2022-11-14 | 0.48500 | 0.941748 |
| 2022-08-16 | 0.25000 | 0.612895 |
| 2022-05-12 | 0.25000 | 0.566636 |
| 2022-02-10 | 0.25000 | 0.765931 |
| 2021-11-22 | 0.25000 | 1.007252 |
| 2021-08-16 | 0.25000 | 0.952381 |
| 2021-05-14 | 0.25000 | 0.851789 |
| 2021-02-11 | 0.25000 | 0.925583 |
| 2020-11-12 | 0.25000 | 1.511487 |
| 2020-08-14 | 0.25000 | 1.329080 |
| 2020-05-08 | 0.71000 | 4.004512 |
| 2020-02-07 | 0.71000 | 1.664713 |
| 2019-11-07 | 0.71000 | 1.740623 |
| 2019-08-09 | 0.71000 | 1.662374 |
| 2019-05-10 | 0.71000 | 1.235427 |
| 2019-02-07 | 0.71000 | 1.273543 |
| 2018-11-08 | 0.71000 | 1.138368 |
| 2018-08-16 | 0.71000 | 1.159373 |
| 2018-05-17 | 0.70000 | 0.954849 |
| 2018-02-09 | 0.70000 | 1.100283 |
| 2017-11-10 | 0.70000 | 1.203783 |
| 2017-08-16 | 0.70000 | 1.599269 |
| 2017-05-17 | 0.70000 | 1.234350 |
| 2017-02-09 | 0.70000 | 1.021898 |
| 2016-11-08 | 0.70000 | 1.120359 |
| 2016-08-11 | 0.70000 | 1.120717 |
| 2016-05-11 | 0.68800 | 1.156497 |
| 2016-02-10 | 0.68800 | 1.487246 |
| 2015-11-10 | 0.68800 | 1.175466 |
| 2015-08-12 | 0.68800 | 1.104511 |
| 2015-05-13 | 0.68800 | 0.907532 |
| 2015-02-11 | 0.68800 | 1.053437 |
| 2014-11-12 | 0.68800 | 0.804114 |
| 2014-08-13 | 0.68800 | 0.672795 |
| 2014-05-13 | 0.62500 | 0.579079 |
| 2014-02-12 | 0.62500 | 0.713389 |
| 2013-11-13 | 0.50000 | 0.649688 |
| 2013-08-13 | 0.50000 | 0.743384 |
| 2013-05-13 | 0.15000 | 0.242209 |
| 2013-02-13 | 0.15000 | 0.228380 |
| 2012-11-13 | 0.07000 | 0.149541 |
| 2012-08-13 | 0.07000 | 0.144928 |
| 2012-05-11 | 0.07000 | 0.152373 |
| 2012-02-13 | 0.07000 | 0.118024 |
| 2011-11-10 | 0.07000 | 0.130646 |
| 2011-08-11 | 0.07000 | 0.119986 |
| 2011-05-11 | 0.06000 | 0.102180 |
| 2011-02-11 | 0.06000 | 0.101283 |
| 2010-11-10 | 0.06000 | 0.133333 |
| 2010-08-11 | 0.06000 | 0.157233 |
| 2010-05-12 | 0.05000 | 0.132345 |
| 2010-02-10 | 0.05000 | 0.121951 |
| 2009-11-10 | 0.05000 | 0.128337 |
| 2009-08-12 | 0.05000 | 0.148721 |
| 2009-05-13 | 0.05000 | 0.160102 |
| 2009-02-11 | 0.05000 | 0.223914 |
| 2008-11-12 | 0.05000 | 0.204082 |
| 2008-08-13 | 0.05000 | 0.090465 |
| 2008-05-13 | 0.04500 | 0.076923 |
| 2008-02-13 | 0.04500 | 0.104603 |
| 2007-11-13 | 0.04500 | 0.146056 |
| 2007-08-13 | 0.04500 | 0.141732 |
| 2007-05-11 | 0.04500 | 0.139752 |
| 2007-02-13 | 0.04500 | 0.164835 |
| 2006-11-13 | 0.04500 | 0.184124 |
| 2006-08-11 | 0.04500 | 0.178218 |
| 2006-05-11 | 0.04150 | 0.106274 |
| 2006-02-13 | 0.04150 | 0.120290 |
| 2005-11-10 | 0.04150 | 0.155898 |
| 2005-08-11 | 0.04150 | 0.139472 |
| 2005-05-11 | 0.04150 | 0.201946 |
| 2005-02-11 | 0.04150 | 0.207968 |
| 2004-11-10 | 0.04150 | 0.292563 |
| 2004-08-11 | 0.04150 | 0.338086 |
| 2004-05-12 | 0.04000 | 0.317839 |
| 2004-02-11 | 0.04000 | 0.268276 |
| 2003-11-12 | 0.04000 | 0.314961 |
| 2003-08-13 | 0.04000 | 0.276148 |
| 2003-05-13 | 0.04000 | 0.272201 |
| 2003-02-12 | 0.04000 | 0.317460 |
| 2002-11-13 | 0.04000 | 0.319872 |
| 2002-10-01 | 4.59000 | 35.226401 |
| 2002-08-13 | 0.04000 | 0.228898 |
| 2002-05-13 | 0.03750 | 0.176678 |
| 2002-02-13 | 0.03750 | 0.256498 |
| 2001-11-13 | 0.03750 | 0.253807 |
| 2001-08-13 | 0.03750 | 0.257202 |
| 2001-05-11 | 0.01900 | 0.087256 |
| 2001-02-13 | 0.03750 | 0.138709 |
| 2000-11-13 | 0.03750 | 0.259179 |
| 2000-08-11 | 0.03750 | 0.213144 |
| 2000-05-11 | 0.03500 | 0.208955 |
| 2000-02-11 | 0.03500 | 0.293963 |
| 1999-11-10 | 0.03500 | 0.273839 |
| 1999-08-11 | 0.03500 | 0.239316 |
| 1999-05-12 | 0.03500 | 0.290155 |
| 1999-02-10 | 0.03500 | 0.411765 |
| 1998-11-10 | 0.03500 | 0.321839 |
| 1998-08-12 | 0.03500 | 0.366013 |
| 1998-05-13 | 0.03500 | 0.241901 |
| 1998-02-11 | 0.03500 | 0.247788 |
| 1997-11-12 | 0.03250 | 0.161742 |
| 1997-08-13 | 0.03250 | 0.199808 |
| 1997-05-13 | 0.03250 | 0.255528 |
| 1997-02-12 | 0.03250 | 0.290503 |
| 1996-11-13 | 0.03250 | 0.240185 |
| 1996-08-13 | 0.03250 | 0.329114 |
| 1996-05-13 | 0.03125 | 0.332226 |
| 1996-02-13 | 0.03125 | 0.371747 |
| 1995-11-13 | 0.03125 | 0.500000 |
| 1995-08-11 | 0.03125 | 0.436681 |
| 1995-05-09 | 0.03125 | 0.413223 |
| 1995-02-09 | 0.03125 | 0.500000 |
| 1994-11-08 | 0.03125 | 0.408163 |
| 1994-08-09 | 0.03125 | 0.473934 |
| 1994-05-10 | 0.03000 | 0.452830 |
| 1994-02-09 | 0.03000 | 0.417391 |
| 1993-11-08 | 0.03000 | 0.422907 |
| 1993-08-10 | 0.03000 | 0.370656 |
| 1993-05-10 | 0.03000 | 0.366412 |
| 1993-02-08 | 0.03000 | 0.472906 |
| 1992-11-09 | 0.03000 | 0.502618 |
| 1992-08-10 | 0.03000 | 0.500000 |
| 1992-05-11 | 0.02875 | 0.471795 |
| 1992-02-10 | 0.02875 | 0.541176 |
| 1991-11-08 | 0.02875 | 0.508287 |
| 1991-08-09 | 0.02875 | 0.486772 |
| 1991-05-09 | 0.02875 | 0.469388 |
| 1991-02-11 | 0.02875 | 0.416290 |
| 1990-11-08 | 0.02875 | 0.444444 |
| 1990-08-09 | 0.02750 | 0.325926 |
| 1990-05-09 | 0.02750 | 0.339768 |
| 1990-02-09 | 0.02750 | 0.297297 |
| 1989-11-09 | 0.02750 | 0.392857 |
| 1989-08-09 | 0.02625 | 0.352941 |
| 1989-05-09 | 0.02625 | 0.392523 |
| 1989-02-09 | 0.02625 | 0.466667 |
| 1988-11-01 | 0.02625 | 0.512195 |
| 1988-08-09 | 0.02500 | 0.470588 |
| 1988-05-10 | 0.02500 | 0.446927 |
| 1987-11-09 | 0.02500 | 0.540541 |
| Attribute | Value |
|---|---|
| 52 Week Change | 1.0236795 |
| Address1 | 222 North Detroit Avenue |
| Address2 | Suite 1400 |
| All Time High | 118.95 |
| All Time Low | 3.375 |
| Ask | 38.37 |
| Ask Size | 300 |
| Audit Risk | 9 |
| Average Analyst Rating | 2.5 - Buy |
| Average Daily Volume10 Day | 1,476,690 |
| Average Daily Volume3 Month | 1,223,459 |
| Average Volume | 1,223,459 |
| Average Volume10Days | 1,476,690 |
| Beta | 0.596 |
| Bid | 34.0 |
| Bid Size | 200 |
| Board Risk | 5 |
| Book Value | 25.309 |
| City | Tulsa |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 33.97 |
| Current Ratio | 1.706 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 34.6 |
| Day Low | 33.82 |
| Debt To Equity | 76.142 |
| Display Name | Helmerich & Payne |
| Dividend Date | 1,788,220,800 |
| Dividend Rate | 1.0 |
| Dividend Yield | 2.94 |
| Earnings Call Timestamp End | 1,778,166,000 |
| Earnings Call Timestamp Start | 1,778,166,000 |
| Earnings Timestamp | 1,778,097,600 |
| Earnings Timestamp End | 1,785,960,000 |
| Earnings Timestamp Start | 1,785,960,000 |
| Ebitda | 838,147,008 |
| Ebitda Margins | 0.20943001 |
| Enterprise To Ebitda | 6.322 |
| Enterprise To Revenue | 1.324 |
| Enterprise Value | 5,299,018,240 |
| Eps Current Year | -0.07346 |
| Eps Forward | 1.47967 |
| Eps Trailing Twelve Months | -3.79 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,787,011,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 37.3142 |
| Fifty Day Average Change | -3.3442001 |
| Fifty Day Average Change Percent | -0.08962272 |
| Fifty Two Week Change Percent | 102.36795 |
| Fifty Two Week High | 41.82 |
| Fifty Two Week High Change | -7.8499985 |
| Fifty Two Week High Change Percent | -0.1877092 |
| Fifty Two Week Low | 15.17 |
| Fifty Two Week Low Change | 18.800001 |
| Fifty Two Week Low Change Percent | 1.2392881 |
| Fifty Two Week Range | 15.17 - 41.82 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 340,464,600,000 |
| Five Year Avg Dividend Yield | 4.06 |
| Float Shares | 95,896,739 |
| Forward Eps | 1.47967 |
| Forward P E | 22.95782 |
| Free Cashflow | 359,362,624 |
| Full Exchange Name | NYSE |
| Full Time Employees | 15,700 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.31465 |
| Gross Profits | 1,259,265,024 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.03849 |
| Held Percent Institutions | 1.05853 |
| Implied Shares Outstanding | 99,930,952 |
| Industry | Oil & Gas Drilling |
| Industry Disp | Oil & Gas Drilling |
| Industry Key | oil-gas-drilling |
| Ir Website | http://www.hpinc.com/investor1.htm |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,779,062,400 |
| Last Dividend Value | 0.25 |
| Last Fiscal Year End | 1,759,190,400 |
| Last Split Date | 1,152,489,600 |
| Last Split Factor | 2:1 |
| Long Business Summary | Helmerich & Payne, Inc., together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates through North America Solutions, Offshore Solutions, and International Solutions segments. The North America Solutions segment conducts operations primarily in Texas. The Offshore Solutions segment has drilling operations in Louisiana and in U.S. federal waters the North Sea and Norwegian Sea off the coast of Norway, Caspian Sea and other international waters. The International Solutions segment conducts drilling operations in Saudi Arabia, Argentina, Bahrain, Oman, Germany, and Kuwait. The company focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. It also owns and operates commercial real estate properties. In addition, the company's real estate investments include a shopping center. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma. |
| Long Name | Helmerich & Payne, Inc. |
| Market | us_market |
| Market Cap | 3,394,654,464 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_278341 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -376,942,016 |
| Next Fiscal Year End | 1,790,726,400 |
| Non Diluted Market Cap | 3,394,654,439 |
| Number Of Analyst Opinions | 15 |
| Open | 33.84 |
| Operating Cashflow | 547,553,984 |
| Operating Margins | -0.01196 |
| Overall Risk | 2 |
| Payout Ratio | 0.6091 |
| Peg Ratio | 6.81 |
| Phone | 918 742 5531 |
| Pre Market Change | 0.625 |
| Pre Market Change Percent | 1.839588 |
| Pre Market Price | 34.6 |
| Pre Market Time | 1,784,028,458 |
| Previous Close | 33.33 |
| Price Eps Current Year | -462.42856 |
| Price Hint | 2 |
| Price To Book | 1.3422103 |
| Price To Sales Trailing12 Months | 0.8482268 |
| Profit Margins | -0.09380999 |
| Quick Ratio | 1.17 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.5 |
| Region | US |
| Regular Market Change | 0.639999 |
| Regular Market Change Percent | 1.92019 |
| Regular Market Day High | 34.6 |
| Regular Market Day Low | 33.82 |
| Regular Market Day Range | 33.82 - 34.6 |
| Regular Market Open | 33.84 |
| Regular Market Previous Close | 33.33 |
| Regular Market Price | 33.97 |
| Regular Market Time | 1,783,972,803 |
| Regular Market Volume | 1,187,620 |
| Return On Assets | 0.01008 |
| Return On Equity | -0.1297 |
| Revenue Growth | -0.082 |
| Revenue Per Share | 40.193 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 99,930,952 |
| Shares Percent Shares Out | 0.091000006 |
| Shares Short | 9,098,079 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 8,197,772 |
| Short Name | Helmerich & Payne, Inc. |
| Short Percent Of Float | 0.13 |
| Short Ratio | 7.08 |
| Source Interval | 15 |
| State | OK |
| Symbol | HP |
| Target High Price | 47.0 |
| Target Low Price | 30.0 |
| Target Mean Price | 41.26667 |
| Target Median Price | 43.0 |
| Total Cash | 199,147,008 |
| Total Cash Per Share | 1.993 |
| Total Debt | 2,002,433,024 |
| Total Revenue | 4,002,060,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.0 |
| Trailing Annual Dividend Yield | 0.030002998 |
| Trailing Eps | -3.79 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 32.2851 |
| Two Hundred Day Average Change | 1.6849022 |
| Two Hundred Day Average Change Percent | 0.05218823 |
| Type Disp | Equity |
| Volume | 1,187,620 |
| Website | https://www.hpinc.com |
| Zip | 74,120 |