Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through North America Solutions, Offshore Gulf of Mexico, and International Solutions segments. The North America Solutions segment drills primarily in Colorado, Louisiana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Saudi Arabia, Argentina, Bahrain, Australia, Colombia, and the United Arab Emirates. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Further, its real estate investments include a shopping center. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.
Global Expansion | Explore Helmerich & Payne's strategic acquisition of KCA Deutag, reshaping its international footprint and accelerating growth in the Middle East energy secto |
Financial Outlook | Analysts project a robust free cash flow yield and increased EBITDA estimates, reflecting potential benefits from recent strategic moves |
Market Dynamics | Delve into HP's performance in the stagnant North American market and its efforts to improve margins through performance-based contracts |
Future Prospects | Learn about HP's positioning in the global drilling services market, with analyst price targets ranging from $36 to $50 per share |
Metrics to compare | HP | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipHPPeersSector | |
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P/E Ratio | 10.7x | 20.4x | 4.8x | |
PEG Ratio | −0.60 | 0.02 | 0.00 | |
Price/Book | 1.2x | 1.8x | 1.1x | |
Price / LTM Sales | 1.3x | 1.1x | 1.2x | |
Upside (Analyst Target) | 9.1% | 19.8% | 26.6% | |
Fair Value Upside | Unlock | −3.2% | 8.4% | Unlock |