HP: Helmerich & Payne, Inc. - Summary | Jitta

Helmerich & Payne, Inc.

NYSE:HP

Price
$50.72
Loss Chance
49.3%
4.25JITTA SCORE
144.77%Over Jitta Line
Jitta Ranking
120 / 226
1,425 / 5,062
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (55)
Recent Business Performance (81)
Financial Strength (55)
Return to Shareholders (31)
Competitive Advantage (51)
Jitta Signs
Debt LevelLow Long Term Debt
Revenue and EarningEarning loss detected in 2022
Operating MarginInconsistent
Recent Business PerformanceEarning decline 158.43% in the last year
SG&A to SalesIncreasing
Key Stats
Jitta Score
Jitta Line
4.25
144.77%
3.74
123.27%
Oil and Gas Drilling
1.84
100.13%
1.84
100.13%
1.22
100.00%
COMPANY DESCRIPTION
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, 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 Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. 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. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.