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Helmerich & Payne

DB:HPC
Snowflake Description

Average dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HPC
DB
$2B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Helmerich & Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies. The last earnings update was 62 days ago. More info.


Add to Portfolio Compare Print
  • Helmerich & Payne has significant price volatility in the past 3 months.
HPC Share Price and Events
7 Day Returns
5.6%
DB:HPC
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-71%
DB:HPC
-57.2%
Europe Energy Services
-20.9%
DE Market
HPC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Helmerich & Payne (HPC) 5.6% -40% -63.9% -71% -76.7% -78.6%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • HPC underperformed the Energy Services industry which returned -57.2% over the past year.
  • HPC underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
HPC
Industry
5yr Volatility vs Market

Value

 Is Helmerich & Payne undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Helmerich & Payne to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Helmerich & Payne.

DB:HPC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in USD $ 2.048784
Payout Ratio Company Filings (2019-12-31) -17056.9%
Discount Rate (Cost of Equity) See below 5.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:HPC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.912 (1 + (1- 21%) (29.37%))
1.082
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.082 * 5.44%)
5.5%

Discounted Cash Flow Calculation for DB:HPC using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Helmerich & Payne is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:HPC Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $2.05 / (5.5% - -0.39%)
$27.09
DB:HPC Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:HPC represents 0.90253x of NYSE:HP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90253x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 33.26 x 0.90253
€30.02
Value per share (EUR) From above. €30.02
Current discount Discount to share price of €15.00
= -1 x (€15.00 - €30.02) / €30.02
50%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Helmerich & Payne is available for.
Intrinsic value
>50%
Share price is €15 vs Future cash flow value of €30.02
Current Discount Checks
For Helmerich & Payne to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Helmerich & Payne's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Helmerich & Payne's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Helmerich & Payne's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Helmerich & Payne's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:HPC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.12
NYSE:HP Share Price ** NYSE (2020-04-06) in USD $16.62
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Helmerich & Payne.

DB:HPC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:HP Share Price ÷ EPS (both in USD)

= 16.62 ÷ -0.12

-134.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Helmerich & Payne is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Helmerich & Payne is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Helmerich & Payne's expected growth come at a high price?
Raw Data
DB:HPC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -134.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
-39.8%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Helmerich & Payne, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Helmerich & Payne's assets?
Raw Data
DB:HPC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $36.51
NYSE:HP Share Price * NYSE (2020-04-06) in USD $16.62
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:HPC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:HP Share Price ÷ Book Value per Share (both in USD)

= 16.62 ÷ 36.51

0.46x

* Primary Listing of Helmerich & Payne.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Helmerich & Payne is overvalued based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Helmerich & Payne's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Helmerich & Payne has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Helmerich & Payne expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-39.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Helmerich & Payne expected to grow at an attractive rate?
  • Unable to compare Helmerich & Payne's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Helmerich & Payne's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Helmerich & Payne's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:HPC Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:HPC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts -39.8%
DB:HPC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts -16.5%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:HPC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:HPC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-09-30 815 -256 1
2022-09-30 1,781 512 -169 6
2021-09-30 1,802 488 -157 19
2020-09-30 2,165 574 -87 19
2020-04-07
DB:HPC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,673 758 -13
2019-09-30 2,798 856 -36
2019-06-30 2,846 846 -75
2019-03-31 2,807 759 72
2018-12-31 2,664 688 -1
2018-09-30 2,487 558 489
2018-06-30 2,323 493 464
2018-03-31 2,173 419 449
2017-12-31 2,001 367 402
2017-09-30 1,805 371 -130
2017-06-30 1,604 378 -181
2017-03-31 1,472 411 -179

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Helmerich & Payne is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Helmerich & Payne's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:HPC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below

All data from Helmerich & Payne Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HPC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-09-30 -2.35 -2.35 -2.35 1.00
2022-09-30 -1.09 0.33 -2.46 4.00
2021-09-30 -1.69 0.43 -4.23 11.00
2020-09-30 -0.84 0.66 -5.96 10.00
2020-04-07
DB:HPC Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.12
2019-09-30 -0.33
2019-06-30 -0.68
2019-03-31 0.66
2018-12-31 -0.01
2018-09-30 4.49
2018-06-30 4.27
2018-03-31 4.13
2017-12-31 3.71
2017-09-30 -1.20
2017-06-30 -1.67
2017-03-31 -1.65

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Helmerich & Payne will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Helmerich & Payne's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Helmerich & Payne has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Helmerich & Payne performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Helmerich & Payne's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Helmerich & Payne does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Helmerich & Payne's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Helmerich & Payne's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Helmerich & Payne's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Helmerich & Payne Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HPC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,672.55 -13.46 189.72 27.33
2019-09-30 2,798.49 -35.61 194.42 27.47
2019-06-30 2,846.27 -74.66 198.14 26.37
2019-03-31 2,807.16 72.42 202.40 24.78
2018-12-31 2,663.78 -0.85 207.31 21.95
2018-09-30 2,487.27 488.66 199.26 18.17
2018-06-30 2,323.15 464.42 184.40 16.61
2018-03-31 2,172.84 449.15 174.89 14.19
2017-12-31 2,000.64 402.43 160.00 12.47
2017-09-30 1,804.74 -129.67 147.55 12.05
2017-06-30 1,604.15 -180.82 144.47 10.91
2017-03-31 1,472.07 -178.90 148.08 10.56
2016-12-31 1,504.98 -105.49 148.37 10.16
2016-09-30 1,624.23 -54.85 146.18 10.27
2016-06-30 1,846.32 -8.48 150.11 11.70
2016-03-31 2,141.28 103.52 132.87 12.32
2015-12-31 2,588.76 231.58 134.05 14.87
2015-09-30 3,161.70 418.31 134.71 16.10
2015-06-30 3,592.94 612.98 131.23 16.50
2015-03-31 3,883.58 713.80 136.20 17.04
2014-12-31 3,891.34 734.80 135.63 15.81
2014-09-30 3,715.97 702.48 135.27 15.91
2014-06-30 3,599.21 695.83 130.80 15.56
2014-03-31 3,487.32 754.23 127.67 16.07
2013-12-31 3,432.19 730.92 126.07 16.14
2013-09-30 3,387.61 717.61 126.25 15.24
2013-06-30 3,352.53 707.66 124.11 16.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Helmerich & Payne has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Helmerich & Payne used its assets less efficiently than the Europe Energy Services industry average last year based on Return on Assets.
  • It is difficult to establish if Helmerich & Payne improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Helmerich & Payne's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Helmerich & Payne has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Helmerich & Payne's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Helmerich & Payne's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Helmerich & Payne is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Helmerich & Payne's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Helmerich & Payne's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Helmerich & Payne Company Filings, last reported 3 months ago.

DB:HPC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3,975.54 479.36 412.05
2019-09-30 4,012.22 479.36 400.90
2019-06-30 4,095.05 491.65 380.52
2019-03-31 4,318.62 491.23 270.03
2018-12-31 4,326.24 490.81 269.53
2018-09-30 4,382.74 493.97 325.82
2018-06-30 4,442.49 493.70 350.71
2018-03-31 4,503.15 493.43 380.03
2017-12-31 4,590.35 493.17 426.21
2017-09-30 4,164.59 492.90 565.87
2017-06-30 4,249.90 492.64 612.68
2017-03-31 4,347.39 492.37 789.76
2016-12-31 4,475.92 492.11 871.16
2016-09-30 4,560.93 491.85 949.71
2016-06-30 4,701.46 532.38 956.60
2016-03-31 4,782.10 532.06 943.54
2015-12-31 4,830.29 531.76 895.94
2015-09-30 4,895.85 531.54 774.93
2015-06-30 5,021.51 571.55 770.92
2015-03-31 5,002.38 572.12 719.13
2014-12-31 4,921.22 81.00 251.64
2014-09-30 4,890.98 79.14 360.91
2014-06-30 4,819.09 195.00 549.93
2014-03-31 4,688.07 195.00 584.98
2013-12-31 4,568.61 195.00 581.41
2013-09-30 4,443.73 195.00 447.87
2013-06-30 4,295.02 235.00 480.48
  • Helmerich & Payne's level of debt (12.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.8% vs 12.1% today).
  • Debt is well covered by operating cash flow (158.1%, greater than 20% of total debt).
  • Helmerich & Payne is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Helmerich & Payne's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Helmerich & Payne has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Helmerich & Payne's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
17.09%
Current annual income from Helmerich & Payne dividends. Estimated to be 12.33% next year.
If you bought €2,000 of Helmerich & Payne shares you are expected to receive €342 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Helmerich & Payne's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.69%).
  • Helmerich & Payne's dividend is above the markets top 25% of dividend payers in Germany (4.85%).
Upcoming dividend payment

Purchase Helmerich & Payne before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:HPC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:HPC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-09-30 1.00 1.00
2022-09-30 1.63 3.00
2021-09-30 1.91 10.00
2020-09-30 2.39 11.00
2020-04-07
DB:HPC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-03-23 2.840 17.600
2019-12-13 2.840 8.563
2019-09-05 2.840 7.135
2019-06-05 2.840 6.224
2019-03-06 2.840 5.054
2018-12-17 2.840 5.356
2018-09-05 2.840 4.441
2018-06-06 2.840 4.485
2018-03-08 2.800 4.100
2018-02-02 2.800 4.245
2018-01-25 2.800 3.845
2017-09-06 2.800 4.962
2017-06-07 2.800 5.605
2017-05-05 2.800 4.992
2017-04-27 2.800 4.708
2016-12-06 2.800 3.918
2016-09-07 2.800 4.304
2016-06-01 2.800 4.366
2016-03-02 2.750 4.573
2015-12-01 2.750 5.470
2015-09-02 2.750 5.087
2015-06-03 2.750 4.379
2015-05-01 2.750 3.671
2015-02-06 2.750 3.952
2014-09-03 2.750 3.610
2014-06-04 2.750 2.508
2014-03-05 2.500 2.354
2013-12-03 2.500 2.904
2013-09-04 2.000 2.718
2013-06-05 2.000 3.106
2013-03-06 0.600 0.976
2012-12-04 0.600 0.998
2012-09-05 0.280 0.574
2012-06-06 0.280 0.618
2012-03-07 0.280 0.550
2011-12-06 0.280 0.466
2011-09-07 0.280 0.558
2011-08-08 0.280 0.513
2011-07-29 0.280 0.457
2011-05-06 0.240 0.378
2011-02-07 0.240 0.375
2010-11-24 0.240 0.481
2010-11-18 0.240 0.521
2010-08-05 0.240 0.590
2010-05-05 0.200 0.516
2010-02-03 0.200 0.496
2009-11-25 0.200 0.479
2009-11-19 0.200 0.525
2009-08-05 0.200 0.532
2009-07-30 0.200 0.576
2009-05-05 0.200 0.625
2009-04-30 0.200 0.624

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Helmerich & Payne's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • The company is expected to pay a dividend in 3 years whilst incurring a loss, therefore the dividend is not expected to be well covered.
X
Income/ dividend checks
We assess Helmerich & Payne's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Helmerich & Payne afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Helmerich & Payne has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Helmerich & Payne's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Lindsay
COMPENSATION $7,731,049
AGE 58
TENURE AS CEO 6.1 years
CEO Bio

Mr. John W. Lindsay has been the Chief Executive Officer and President of Helmerich & Payne, Inc. since March 5, 2014 and September 2012 respectively. He serves as an Independent Director of Arcosa, Inc. since September 2018. Mr. Lindsay served as Executive Vice President of U.S. & International Operations at Helmerich & Payne International Drilling Co., Inc. since March 2006 until 2010. He served as the Chief Operating Officer of Helmerich & Payne, Inc. from December 7, 2010 to March 5, 2014. He served as an Executive Vice President of Helmerich & Payne from December 7, 2010 to September 5, 2012. He joined Helmerich & Payne in 1987 as a Drilling Engineer. He has been a Director of Helmerich & Payne since September 5, 2012. Mr. Lindsay served in various positions including operations manager for Helmerich & Payne's Mid-Continent region and Division Manager of U.S. Land Operations. In 1997, he was appointed as Vice President of U.S. Land Operations, for Helmerich & Payne International Drilling Co. Mr. Lindsay graduated in 1986 from the University of Tulsa, where he earned a Bachelor of Science degree in Petroleum Engineering.

CEO Compensation
  • John's compensation has been consistent with company performance over the past year, both up more than 20%.
  • John's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Helmerich & Payne management team in years:

3.7
Average Tenure
46
Average Age
  • The tenure for the Helmerich & Payne management team is about average.
Management Team

John Lindsay

TITLE
President
COMPENSATION
$8M
AGE
58
TENURE
6.1 yrs

Mark Smith

TITLE
Senior VP & CFO
COMPENSATION
$2M
AGE
48
TENURE
2.3 yrs

Cara Hair

TITLE
VP of Corporate Services
COMPENSATION
$2M
AGE
43
TENURE
5.1 yrs

Rob Stauder

TITLE
Senior VP and Chief Engineer of Helmerich & Payne International Drilling Co
COMPENSATION
$3M
AGE
56
TENURE
9.8 yrs

Sara Momper

TITLE
VP & Chief Accounting Officer
AGE
35
TENURE
0.5 yrs

Dave Wilson

TITLE
Director of Investor Relations

Debra Stockton

TITLE
General Counsel & Corporate Secretary

Todd Benson

TITLE
President of Helmerich & Payne Technologies
AGE
44
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the Helmerich & Payne board of directors in years:

7.8
Average Tenure
63.5
Average Age
  • The tenure for the Helmerich & Payne board of directors is about average.
Board of Directors

Hans Helmerich

TITLE
Chairman of the Board
COMPENSATION
$484K
AGE
60
TENURE
8.3 yrs

John Lindsay

TITLE
President
COMPENSATION
$8M
AGE
58
TENURE
7.6 yrs

Randy Foutch

TITLE
Lead Independent Director
COMPENSATION
$304K
AGE
67
TENURE
0.8 yrs

Donald Robillard

TITLE
Independent Director
COMPENSATION
$307K
AGE
67
TENURE
8.1 yrs

Ed Rust

TITLE
Independent Director
COMPENSATION
$296K
AGE
69
TENURE
23.3 yrs

John Zeglis

TITLE
Independent Director
COMPENSATION
$292K
AGE
72
TENURE
31.3 yrs

Tom Petrie

TITLE
Independent Director
COMPENSATION
$297K
AGE
74
TENURE
8.3 yrs

José Mas

TITLE
Independent Director
COMPENSATION
$287K
AGE
48
TENURE
3.1 yrs

Kevin Cramton

TITLE
Independent Director
COMPENSATION
$292K
AGE
59
TENURE
3.1 yrs

Delaney Bellinger

TITLE
Independent Director
COMPENSATION
$293K
AGE
60
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Helmerich & Payne individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. Mar 20 Buy Todd Benson Individual 09. Mar 20 09. Mar 20 10,000 €17.68 €176,797
X
Management checks
We assess Helmerich & Payne's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Helmerich & Payne has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Helmerich & Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies. The company operates through U.S. Land, Offshore, International Land, and H&P Technologies segments. The U.S. Land segment drills primarily in Colorado, Louisiana, Ohio, Oklahoma, New Mexico, North Dakota, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore segment has drilling operations in the Gulf of Mexico. The International Land segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. The H&P Technologies segment develops technologies designed to enhance the drilling operations, as well as wellbore quality and placement operations. As of September 30, 2019, the company operated a fleet of 299 land rigs in the United States; 31 international land rigs; and 8 offshore platform rigs. It also owns, develops, and operates commercial real estate properties. The company’s real estate investments include a shopping center comprising approximately 389,000 leasable square feet; multi-tenant industrial warehouse properties covering approximately one million leasable square feet; and approximately 210 acres of undeveloped real estate located in Tulsa, Oklahoma. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.

Details
Name: Helmerich & Payne, Inc.
HPC
Exchange: DB
Founded: 1920
$1,673,287,626
108,877,646
Website: http://www.hpinc.com
Address: Helmerich & Payne, Inc.
1437 South Boulder Avenue,
Suite 1400,
Tulsa,
Oklahoma, 74119,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE HP Common Stock New York Stock Exchange US USD 02. Jan 1968
DB HPC Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
LSE 0J4G Common Stock London Stock Exchange GB USD 02. Jan 1968
BRSE HPCCHF Common Stock Berne Stock Exchange CH CHF 02. Jan 1968
Number of employees
Current staff
Staff numbers
8,502
Helmerich & Payne employees.
Industry
Oil and Gas Drilling
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 00:23
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/02/05
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.