Helmerich & Payne Inc Stock
€31.24
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Description Helmerich & Payne
Helmerich & Payne, Inc. (Symbol: HP) is a publicly traded company listed on the New York Stock Exchange (NYSE). Founded in 1920, the company is headquartered in Tulsa, Oklahoma, United States. Helmerich & Payne is an industry leader in contract drilling services for the oil and gas industry. The company focuses mainly on land and offshore platform drilling contracts, exploring and developing oil and natural gas domestically and internationally.
The company operates through three main segments:
1. U.S. Land Operations: This segment offers drilling services in the United States, primarily in the Permian Basin, the Eagle Ford Shale, and the Bakken Formation. Helmerich & Payne operates the largest fleet of technologically advanced AC drive drilling rigs in the U.S. land drilling market, which increases efficiency and enables quicker well drilling.
2. Offshore Operations: This division includes the drilling services provided to offshore areas. It has a fleet of platform rigs, providing drilling services mainly in the Gulf of Mexico.
3. International Land Operations: In this segment, the company offers drilling services in international locations such as Colombia, Argentina, Bahrain, and the United Arab Emirates. This diversification allows the company to tap into various markets and leverage its expertise in international drilling.
Due to its drilling services, Helmerich & Payne is affected by fluctuations in oil and gas prices, and it relies heavily on investment by oil and gas producing companies for its revenue streams.
The company is committed to operational excellence, safety, efficiency, and service quality in its drilling operations. As of September 2021, John W. Lindsay serves as the President and Chief Executive Officer of the company, having been appointed in 2014.
For investors considering Helmerich & Payne, it's essential to understand the risks and potential rewards associated with the company's business model, market trends, and overall industry dynamics.
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Financial data and news for Helmerich & Payne
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Financials
News
Helmerich & Payne, Inc. Announces Pricing of $1.25 Billion Aggregate Principal Amount of Senior Notes
Helmerich & Payne, Inc. (NYSE:HP) (“H&P” or the “Company”) announced today that it has priced an offering (the “Offering”) of $1.25 billion aggregate principal amount of senior notes, comprised of
Helmerich & Payne, Inc. Announces Private Offering of Senior Notes
Helmerich & Payne, Inc. (NYSE:HP) (“H&P” or the “Company”) announced today that it intends to offer senior unsecured notes (the “Notes”) in a private placement to persons reasonably believed to be
Helmerich & Payne, Inc. To Participate in Conferences in September 2024
Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Kevin Vann, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice
Helmerich & Payne, Inc. Announces J. Kevin Vann as New Chief Financial Officer
Helmerich & Payne, Inc. (NYSE: HP) today announced the hiring of J. Kevin Vann as the Chief Financial Officer Designate, effective August 5, 2024. Vann will be appointed to succeed Mark W. Smith as
Helmerich & Payne Announces Agreement to Acquire KCA Deutag
Helmerich & Payne, Inc. (NYSE: HP) (“H&P” or the “Company”) and KCA Deutag International Limited (“KCA Deutag”) today announced a definitive agreement under which H&P will acquire KCA Deutag for
Helmerich & Payne, Inc. Announces Fiscal Third Quarter Results
Helmerich & Payne, Inc. (NYSE: HP) reported net income of $89 million, or $0.88 per diluted share, from operating revenues of $698 million for the quarter ended June 30, 2024, compared to net
Helmerich & Payne, Inc. Announces Fiscal Third Quarter 2024 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSE: HP) fiscal third quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, July 25, 2024, at 11:00 a.m. (ET)
Helmerich & Payne, Inc. To Participate in J.P. Morgan 2024 Energy, Power and Renewables Conference
Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; and Dave Wilson, Vice
Helmerich & Payne, Inc. Announces Fiscal Second Quarter Results
Helmerich & Payne, Inc. (NYSE: HP) reported net income of $85 million, or $0.84 per diluted share, from operating revenues of $688 million for the quarter ended March 31, 2024, compared to net