Stocks · Energy · Oil & Gas Drilling

Helmerich & Payne, Inc. HP

$38.56 +0.94% Close, Oct 2, 2026 · NYSE · Market cap $3.85B

Strong trendHigh risk

Next earnings report: Nov 16, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. The stock is in an uptrend: above its 200-day average for 41 trading days, with the 50-day average above the 200-day.
  2. Revenue over the last four quarters was $4.00B, up 16.6% from a year earlier, slowing from 29.7% a quarter earlier.
  3. Over the past year the stock returned +66.9%, ahead of the S&P 500 by 51.8 percentage points.

PromtFinance scores

Each score is a percentile within the Energy sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth78Positive

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 34%
  • FCF growth (TTM, YoY)Top 5%
  • Revenue growth, 3-year CAGRTop 13%
  • Revenue growth accelerationBottom 8%
Quality28Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 37%
  • Gross marginBottom 15%
  • Operating marginBottom 34%
  • Accruals (lower is better)Top 26%
  • Net debt / EBITDA (lower is better)Bottom 39%
  • Interest coverBottom 35%
Value62Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 20%
  • Free-cash-flow yieldTop 37%
  • EBITDA / enterprise valueTop 29%
  • Sales / enterprise valueTop 29%
Momentum82Strong

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 6%
  • 6-month returnTop 18%
  • 1-year return vs S&P 500Top 14%
  • Distance from 52-week highTop 48%
  • Trend checklist (0–4)Top 32%
Revisions5Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 7%
  • Consecutive EPS beatsBottom 20%
  • Share of analysts rating BuyBottom 21%
  • Upside to consensus price targetBottom 34%
Stability19Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 36%
  • Maximum drawdown, 3 yearsBottom 24%
  • Beta vs S&P 500 (lower is better)Bottom 28%
  • Net debt / EBITDA (lower is better)Bottom 39%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)29.7%16.6%↓
Gross margin19.4%10.5%↓
Operating margin3.2%6.1%↑
FCF margin1.1%7.9%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)16.6%29.7%↓Top 34%
Gross margin10.5%19.4%↓Bottom 15%
Operating margin6.1%3.2%↑Bottom 34%
Net margin-3.4%-0.9%↓—
Free-cash-flow margin7.9%1.1%↑—
Return on invested capital4.4%—Bottom 37%
Revenue growth, 3-year CAGR22.1%—Top 13%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-11.4%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.7%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-5.5 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
2.09×
Interest cover (operating income / interest)How many times operating profit covers interest.
2.3×

Shareholder returns

Dividend yield (dividends paid, TTM)
2.63%
Net buyback yield (TTM)
-0.00%
Shareholder yield
2.62%
Share count change, 1 year
+0.7%
Share count change, 3-year CAGR
-0.5%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
2 of 8
Average EPS surprise, last 4
-100.0%
Average 2-day reaction, last 8
-0.7%
Positive 20 days after report
3 of 8

Analysts

Consensus price target
$45.14
Target vs current price
+17.1%
Analysts with a rating
43
Share rating Buy or Strong Buy
35%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 5, 2026-216.1%-3.5%+23.4%+34.0%—
May 6, 2026-533.3%-4.1%-5.7%-7.4%-16.8%
Feb 4, 2026-225.0%+2.6%-3.6%-3.3%+13.8%
Nov 17, 2025-104.3%-0.8%-3.9%+4.0%+18.1%
Aug 6, 2025+10.0%-0.8%+12.7%+28.6%+70.3%
May 7, 2025-96.9%-1.1%-0.5%-14.5%-18.5%
Feb 5, 2025+2.9%+1.8%-16.4%-22.5%-39.7%
Nov 13, 2024-6.2%+0.3%-7.5%-4.5%-24.5%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 5, 2026-$0.11$0.09-216.1%$1.03B
May 6, 2026-$0.38-$0.06-533.3%$932.4M
Feb 4, 2026-$0.15$0.12-225.0%$1.02B
Nov 17, 2025-$0.01$0.23-104.3%$1.01B
Aug 6, 2025$0.22$0.20+10.0%$1.04B
May 7, 2025$0.02$0.65-96.9%$1.02B
Feb 5, 2025$0.71$0.69+2.9%$677.3M
Nov 13, 2024$0.76$0.81-6.2%$693.8M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
EV / EBITDA6.9×——Top 29%
EV / Sales1.38×——Top 29%
Free-cash-flow yield8.18%——Top 37%
Earnings yield-3.63%——Bottom 20%

P/E over the past five years

Range 8.4× – 33.2× since Dec 31, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
41
50-day average slope (20 days)
+8.1%
200-day average slope (20 days)
+3.5%
Distance from 50-day average
-4.8%
Distance from 200-day average
+6.1%
RSI (14)
41.8
Relative volume
0.93×

Risk and drawdowns

Volatility, 60 days (annualized)
47.5%
Volatility vs own 5-year history
59th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.86
Correlation with S&P 500
0.27
Current drawdown from 1-year high
-19.1%
Maximum drawdown, 3 years
-65.7%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Nov 22, 2022Jun 30, 2025-71.9%650 daysNot yet recovered
Oct 20, 2021Dec 1, 2021-39.0%29 days53 days (Feb 16, 2022)
Jun 8, 2022Sep 23, 2022-34.1%74 days42 days (Nov 22, 2022)
Jun 16, 2021Aug 20, 2021-30.6%46 days42 days (Oct 20, 2021)
Mar 8, 2021Apr 22, 2021-23.9%32 days30 days (Jun 4, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$3.85B
EPS, diluted (TTM)
-$1.40
Revenue (TTM)
$4.00B
Dividend yield
3.24%
52-week range
$21.73 – $48.17
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.22B$2.06B$2.87B$2.76B$3.75B
Gross profit-$153.8M$229.2M$775.0M$729.0M$553.5M
Operating income-$428.5M$45.3M$561.9M$451.9M$232.3M
Net income-$326.1M$7.0M$434.1M$344.2M-$165.1M
EPS (diluted)-$3.04$0.05$4.16$3.43-$1.66
Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$693.8M$677.3M$1.02B$1.04B$1.01B$1.02B$932.4M$1.03B
Net income$75.5M$54.8M$1.7M-$162.8M-$57.4M-$97.2M-$58.6M$75.7M
EPS (diluted)$0.75$0.54$0.01-$1.64-$0.58-$0.97-$0.59$0.74
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$136.4M$233.9M$833.7M$684.7M$543.0M
Capital expenditure-$82.1M-$272.5M-$395.5M-$495.1M-$426.4M
Free cash flow$54.3M-$38.6M$438.2M$189.6M$116.6M
Dividends paid-$109.1M-$107.4M-$201.5M-$168.5M-$100.7M
Net share buybacks-$2.2M-$77.0M-$247.2M-$51.3M$0

Cash outflows are shown as negative numbers.

Cash and short-term investments
$231.4M
Total assets
$6.29B
Total liabilities
$3.62B
Total debt
$1.86B
Net debt
$1.66B
Shareholders’ equity
$2.57B

As of Jun 30, 2026 (filed Aug 6, 2026).

Dividends

Ex-dateAmountPaid
Nov 18, 2026$0.25Dec 2, 2026
Aug 18, 2026$0.25Sep 1, 2026
May 18, 2026$0.25Jun 1, 2026
Feb 13, 2026$0.25Feb 27, 2026
Nov 18, 2025$0.25Dec 2, 2025
Aug 15, 2025$0.25Aug 29, 2025
May 15, 2025$0.25May 30, 2025
Feb 14, 2025$0.25Feb 28, 2025

Short interest

Shares sold short
7,276,172
Days to cover
5.67
Change vs previous report
-0.1%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Jul 10, 2006
2-for-1
Jan 2, 1998
2-for-1
Oct 15, 1980
2-for-1
Oct 10, 1979
2-for-1
Mar 21, 1977
3-for-2