HP Stock Analysis: Helmerich Payne | NYSE
Oil & Gas Drilling | NYSE, USA | Market Cap: 3.361m USD | 12M Return: 121.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 34.2M
Qual. Beats: -3
Rev. Trend: 83.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Helmerich & Payne, Inc. (NYSE: HP) is a U.S.-based energy services company that provides drilling rigs, solutions, and technologies to oil and gas exploration and production operators worldwide. The company operates through three segments-North America Solutions (primarily Texas), Offshore Solutions (U.S. Gulf of Mexico, North Sea, Norwegian Sea, Caspian Sea), and International Solutions (Saudi Arabia, Argentina, Bahrain, Oman, Germany, and Kuwait). In addition to its core drilling business, the company develops and commercializes technologies aimed at improving drilling efficiency, wellbore quality, and well placement, and it also owns and operates commercial real estate assets, including a shopping center. Founded in 1920, H&P is headquartered in Tulsa, Oklahoma, and is classified within the Energy sectors Oil & Gas Drilling sub-industry, operating as a contract driller whose rig demand is closely tied to global drilling and completion activity rather than commodity prices directly.
- U.S. rig count and WTI prices swing land drilling margins
- International segment grows on Saudi Arabia and Argentina contracts
- Real estate portfolio provides cash flow diversification from drilling volatility
| Net Income: -375.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 3.01 > 1.0 |
| NWC/Revenue: 15.23% < 20% (prev 19.63%; Δ -4.41% < -1%) |
| CFO/TA 0.09 > 3% & CFO 547.6m > Net Income -375.9m |
| Net Debt (1.92b) to EBITDA (514.3m): 3.74 < 3 |
| Current Ratio: 1.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (99.9m) vs 12m ago 0.50% < -2% |
| Gross Margin: 11.29% > 18% (prev 22.42%; Δ -11.13% > 0.5%) |
| Asset Turnover: 58.95% > 50% (prev 42.60%; Δ 16.35% > 0%) |
| Interest Coverage Ratio: -2.00 > 6 (EBIT TTM -216.7m / Interest Expense TTM 108.6m) |
| A: 0.10 (Total Current Assets 1.47b - Total Current Liabilities 863.3m) / Total Assets 6.34b |
| B: 0.38 (Retained Earnings 2.41b / Total Assets 6.34b) |
| C: -0.03 (EBIT TTM -216.7m / Avg Total Assets 6.79b) |
| D: 0.68 (Book Value of Equity 2.53b / Total Liabilities 3.71b) |
| Altman-Z'' = 2.37 = BBB |
| DSRI: 0.79 (Receivables 810.6m/786.3m, Revenue 4.00b/3.08b) |
| GMI: 1.99 (GM 22.42% / 11.29%) |
| AQI: 0.77 (AQ_t 0.12 / AQ_t-1 0.16) |
| SGI: 1.30 (Revenue 4.00b / 3.08b) |
| TATA: -0.15 (NI -375.9m - CFO 547.6m) / TA 6.34b) |
| Beneish M = -2.24 (Cap -4..+1) = BBB |
As of August 02, 2026, the stock is trading at USD 34.57 with a total of 823,612 shares traded. Over the past week, the price has changed by -2.18%, over one month by +5.59%, over three months by -13.84% and over the past year by +121.26%.
Current recommended Stop Loss: 31.60 (which is 8.6% or 2.4 ATR below the current price).
Helmerich Payne has received a consensus analysts rating of 3.18. Therefore, it is recommended to hold HP.
- StrongBuy: 2
- Buy: 2
- Hold: 11
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 40.8 | 18% |
P/E Forward = 49.0196
P/S = 0.8402
P/B = 1.3345
P/EG = 5.7805
Revenue TTM = 4.00b USD
EBIT TTM = -216.7m USD
EBITDA TTM = 514.3m USD
Long Term Debt = 1.86b USD (from longTermDebt, last quarter)
Short Term Debt = 146.3m USD (from shortTermDebt, last quarter)
Debt = 2.15b USD (from shortLongTermDebtTotal, last quarter) + Leases 146.1m
Net Debt = 1.92b USD (calculated: Debt 2.15b - CCE 224.7m)
Enterprise Value = 5.28b USD (3.36b + Debt 2.15b - CCE 224.7m)
Interest Coverage Ratio = -2.00 (Ebit TTM -216.7m / Interest Expense TTM 108.6m)
EV/FCF = 20.64x (Enterprise Value 5.28b / FCF TTM 256.0m)
FCF Yield = 4.84% (FCF TTM 256.0m / Enterprise Value 5.28b)
FCF Margin = 6.40% (FCF TTM 256.0m / Revenue TTM 4.00b)
Net Margin = -9.39% (Net Income TTM -375.9m / Revenue TTM 4.00b)
Gross Margin = 11.29% ((Revenue TTM 4.00b - Cost of Revenue TTM 3.55b) / Revenue TTM)
Gross Margin QoQ = 7.04% (prev 11.90%)
Tobins Q-Ratio = 0.83 (Enterprise Value 5.28b / Total Assets 6.34b)
Interest Expense / Debt = 5.05% (Interest Expense 108.6m / Debt 2.15b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -171.2m (EBIT -216.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.71 (Total Current Assets 1.47b / Total Current Liabilities 863.3m)
Debt / Equity = 0.85 (Debt 2.15b / totalStockholderEquity, last quarter 2.53b)
Debt / EBITDA = 3.74 (Net Debt 1.92b / EBITDA 514.3m)
Debt / FCF = 7.52 (Net Debt 1.92b / FCF TTM 256.0m)
Total Stockholder Equity = 2.66b (last 4 quarters mean from totalStockholderEquity)
RoA = -5.54% (Net Income -375.9m / Total Assets 6.34b)
RoE = -14.16% (Net Income TTM -375.9m / Total Stockholder Equity 2.66b)
RoCE = -4.80% (EBIT -216.7m / Capital Employed (Equity 2.66b + L.T.Debt 1.86b))
RoIC = -3.16% (negative operating profit) (NOPAT -171.2m / Invested Capital 5.42b)
WACC = 6.82% (E(3.36b)/V(5.51b) * Re(8.63%) + D(2.15b)/V(5.51b) * Rd(5.05%) * (1-Tc(0.21)))
Discount Rate = 8.63% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 47.39 | Cagr: 0.11%
[DCF] Terminal Value 77.97% ; FCFF base≈183.6m ; Y1≈210.4m ; Y5≈309.7m
[DCF] Fair Price = 27.39 (EV 4.66b - Net Debt 1.92b = Equity 2.74b / Shares 99.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.42 | # QB: -3
Revenue Correlation: 83.86 | Revenue CAGR: 15.61% | SUE: -0.68 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.10 | Chg30d=+18.88% | Revisions=+0% | Analysts=8
EPS current Year (2026-09-30): EPS=-0.07 | Chg30d=-6.11% | Revisions=-25% | GrowthEPS=-107.0% | GrowthRev=+5.9%
EPS next Year (2027-09-30): EPS=1.40 | Chg30d=+0.92% | Revisions=+25% | GrowthEPS=+2215.1% | GrowthRev=+6.8%
[Analyst] Revisions Ratio: +0% (up=1, down=1)