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Helmerich & Payne, Inc. (HP)

Energy | Oil & Gas Drilling | Tulsa, United States | NYSE
42.55 USD +0.13 (0.306%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 42.55

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 2:38 a.m. EDT

The investment case for Helmerich & Payne is currently broken by a severe multi-year structural decline. Despite the company paying a dividend, the underlying business has suffered three consecutive years of negative annual returns, dropping nearly 70% over the last nine-year window. This is not a temporary dip; the market has correctly priced in a deteriorating competitive position or operational execution issues. The recent price action shows a fragile recovery attempt, trading above its 200-day average, but the statistical forecast offers no directional bias, and the options market is hedging against a significant drop. The dividend yield of 2.27% is insufficient compensation for the capital destruction occurring in the share price. Investors should avoid this name until the multi-year downtrend is decisively reversed by sustained revenue growth and margin expansion.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.090418
AutoARIMA0.091162
AutoETS0.091903
AutoTheta0.092985

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 38%
H-stat 3.21
Ljung-Box p 0.000
Jarque-Bera p 0.027
Excess Kurtosis -0.48
Attribute Value
Sector Energy
Ex Dividend Date 2026-08-17
Last Dividend Date 2026-08-17
Debt to Equity Ratio 69.731
Revenue per Share 40.081
Market Cap 4,252,401,920
Forward P/E 27.75
Beta 0.62
Profit Margins -3.43%
Website https://www.hpinc.com

As of Aug. 22, 2026, 2:38 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume at strikes significantly below current prices (e.g., $12.50, $17.50), suggesting a fear of a deep correction. Conversely, call activity is concentrated near the money and slightly out-of-the-money ($40-$45 range), indicating a belief that the stock will consolidate or drift upward rather than crash, though the massive implied volatility gap on deep ITM calls suggests uncertainty about a potential floor.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.57% 2.86% 3.96% 3.91%
Dividend History
Date Dividend Yield %
2026-08-18 0.25000 0.565739
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
Additional Data
dividendRate 1.0
dividendYield 2.36
exDividendDate 2026-08-18
trailingAnnualDividendRate 1.0
trailingAnnualDividendYield 0.023573788
lastDividendValue 0.25
lastDividendDate 2026-08-18
dividendDate 2026-09-01

Info Dump

Attribute Value
52 Week Change 0.9981159
Address1 222 North Detroit Avenue
Address2 Suite 1400
All Time High 118.95
All Time Low 3.375
Ask 45.0
Ask Size 300
Audit Risk 9
Average Analyst Rating 2.5 - Buy
Average Daily Volume10 Day 1,146,450
Average Daily Volume3 Month 1,252,640
Average Volume 1,252,640
Average Volume10Days 1,146,450
Beta 0.619
Bid 40.8
Bid Size 200
Board Risk 5
Book Value 25.757
City Tulsa
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 42.55
Current Ratio 1.962
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 42.9
Day Low 41.94
Debt To Equity 69.731
Display Name Helmerich & Payne
Dividend Date 1,788,220,800
Dividend Rate 1.0
Dividend Yield 2.36
Earnings Call Timestamp End 1,786,024,800
Earnings Call Timestamp Start 1,786,024,800
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,794,859,200
Earnings Timestamp Start 1,794,859,200
Ebitda 828,084,992
Ebitda Margins 0.20723
Enterprise To Ebitda 7.221
Enterprise To Revenue 1.496
Enterprise Value 5,979,449,344
Eps Current Year -0.1365
Eps Forward 1.53314
Eps Trailing Twelve Months -1.4
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 36.4544
Fifty Day Average Change 6.0956
Fifty Day Average Change Percent 0.16721165
Fifty Two Week Change Percent 99.81159
Fifty Two Week High 45.0
Fifty Two Week High Change -2.4500008
Fifty Two Week High Change Percent -0.054444462
Fifty Two Week Low 19.5
Fifty Two Week Low Change 23.05
Fifty Two Week Low Change Percent 1.1820513
Fifty Two Week Range 19.5 - 45.0
Financial Currency USD
First Trade Date Milliseconds 340,464,600,000
Five Year Avg Dividend Yield 4.06
Float Shares 96,032,332
Forward Eps 1.53314
Forward P E 27.7535
Free Cashflow 493,073,888
Full Exchange Name NYSE
Full Time Employees 15,700
Fullday Change 0.130001
Fullday Change Percent 0.306462
Fullday Price 42.55
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.31845
Gross Profits 1,272,508,032
Has Pre Post Market Data 1
Held Percent Insiders 0.03825
Held Percent Institutions 1.05081
Implied Shares Outstanding 99,938,945
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 1,787,011,200
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 4,252,401,920
Market State CLOSED
Max Age 86,400
Message Board Id finmb_278341
Most Recent Quarter 1,782,777,600
Net Income To Common -138,668,000
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 4,239,410,046
Number Of Analyst Opinions 15
Open 42.34
Operating Cashflow 579,628,032
Operating Margins 0.05096
Overall Risk 2
Payout Ratio 0.6091
Peg Ratio 6.81
Phone 918 742 5531
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 42.55
Post Market Time 1,787,959,806
Previous Close 42.42
Price Eps Current Year -311.72162
Price Hint 2
Price To Book 1.651978
Price To Sales Trailing12 Months 1.0641668
Profit Margins -0.03428
Quick Ratio 1.375
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.5
Region US
Regular Market Change 0.130001
Regular Market Change Percent 0.306462
Regular Market Day High 42.9
Regular Market Day Low 41.94
Regular Market Day Range 41.94 - 42.9
Regular Market Open 42.34
Regular Market Previous Close 42.42
Regular Market Price 42.55
Regular Market Time 1,787,947,202
Regular Market Volume 952,985
Return On Assets 0.00937
Return On Equity -0.04639
Revenue Growth -0.006
Revenue Per Share 40.081
Sand P52 Week Change 0.20504117
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 1
Shares Outstanding 99,938,945
Shares Percent Shares Out 0.082600005
Shares Short 8,252,091
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 8,810,766
Short Name Helmerich & Payne, Inc.
Short Percent Of Float 0.1179
Short Ratio 6.62
Source Interval 15
State OK
Symbol HP
Target High Price 50.0
Target Low Price 30.0
Target Mean Price 43.2
Target Median Price 44.0
Total Cash 231,387,008
Total Cash Per Share 2.315
Total Debt 1,862,115,968
Total Revenue 3,995,992,064
Tradeable 0
Trailing Annual Dividend Rate 1.0
Trailing Annual Dividend Yield 0.023573788
Trailing Eps -1.4
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 34.65275
Two Hundred Day Average Change 7.897251
Two Hundred Day Average Change Percent 0.22789682
Type Disp Equity
Volume 952,985
Website https://www.hpinc.com
Zip 74,120