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Helmerich & Payne (HP)

Helmerich & Payne (HP)
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Helmerich & Payne Inc. is engaged in the contract drilling of oil and gas wells in the U.S. and internationally. The company supplies drilling rigs, equipment, personnel, and camps on a contractual basis to explore for and develop oil and gas from onshore areas and from fixed platforms, tension-leg platforms, and spars in offshore areas. The technologically advanced FlexRigs rigs, multi-pad drilling, hydraulic fracturing coupled with horizontal drilling, have greatly increased drilling efficiencies of the firm. Helmerich & Payne divides its operations into three business segments: North America Solutions, International Solutions and Offshore Gulf of Mexico.

Fiscal Year End Date: 09/30

(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Sales 3,746,010 2,756,610 2,872,420 2,058,940 1,218,570
Sales Growth +35.89% -4.03% +39.51% +68.96% -31.31%
Net Income -163,700 344,170 434,100 6,950 -326,150
Net Income Growth -147.56% -20.72% +6,146.04% +102.13% +34.04%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Total Assets 6,705,740 5,781,900 4,381,960 4,355,530 5,034,130
Total Assets Growth +15.98% +31.95% +0.61% -13.48% +4.23%
Total Liabilities 3,876,400 2,864,750 1,610,010 1,590,060 2,121,510
Total Liabilities Growth +35.31% +77.93% +1.25% -25.05% +40.39%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Operating Cash Flow 542,950 684,660 833,680 233,910 136,440
Operating Cash Flow Growth -20.70% -17.88% +256.41% +71.44% -74.68%
Net Cash Flow -1,302,760 1,212,420 47,230 -667,710 399,970
Change in Net Cash Flow -207.45% +2,467.05% +107.07% -266.94% +160.09%
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