Helmerich & Payne, Inc. financial data

Symbol
HP on NYSE
Industry
Drilling Oil & Gas Wells
Location
222 N. Detroit Ave., Tulsa, OK
State of incorporation
Delaware
Fiscal year end
September 30
Latest financial report
10-Q - Q2 2024 - Jul 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 219 % -7.9%
Quick Ratio 23.5 % +5.77%
Return On Equity 12.4 % -15.6%
Return On Assets 7.82 % -15%
Operating Margin 16.1 % -15.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 98.8M shares -0.68%
Common Stock, Shares, Outstanding 98.8M shares -0.68%
Entity Public Float 3.7B USD -17.8%
Common Stock, Value, Issued 11.2M USD 0%
Weighted Average Number of Shares Outstanding, Basic 98.8M shares -2.38%
Weighted Average Number of Shares Outstanding, Diluted 99M shares -2.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.72B USD -4.28%
Revenue from Contract with Customer, Excluding Assessed Tax 2.71B USD -4.32%
Costs and Expenses 2.28B USD -0.69%
Operating Income (Loss) 439M USD -19.4%
Nonoperating Income (Expense) 38.3M USD +342%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 477M USD -13.8%
Income Tax Expense (Benefit) 131M USD -13.6%
Net Income (Loss) Attributable to Parent 346M USD -13.9%
Earnings Per Share, Basic 3.47 USD/shares -9.16%
Earnings Per Share, Diluted 3.43 USD/shares -9.97%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 204M USD -7.7%
Cash, Cash Equivalents, and Short-term Investments 351M USD -37.6%
Accounts Receivable, after Allowance for Credit Loss, Current 403M USD -6.46%
Inventory, Net 115M USD +13.8%
Other Assets, Current 2.04M USD -74.8%
Assets, Current 970M USD -2.27%
Property, Plant and Equipment, Net 3.01B USD +2.79%
Operating Lease, Right-of-Use Asset 57.3M USD +55%
Intangible Assets, Net (Excluding Goodwill) 55.8M USD -10.3%
Goodwill 45.7M USD 0%
Other Assets, Noncurrent 49.4M USD +101%
Assets 4.48B USD +3.32%
Accounts Payable, Current 159M USD +4.76%
Employee-related Liabilities, Current 55.6M USD -5.13%
Accrued Liabilities, Current 256M USD +9.83%
Contract with Customer, Liability, Current 23.4M USD +18.3%
Liabilities, Current 457M USD +5.37%
Contract with Customer, Liability, Noncurrent 8.14M USD +157%
Deferred Income Tax Liabilities, Net 494M USD -8.68%
Operating Lease, Liability, Noncurrent 41M USD +50%
Other Liabilities, Noncurrent 131M USD +16.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.5M USD +24.8%
Retained Earnings (Accumulated Deficit) 2.83B USD +6.7%
Stockholders' Equity Attributable to Parent 2.86B USD +5.49%
Liabilities and Equity 4.48B USD +3.32%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 175M USD -5.71%
Net Cash Provided by (Used in) Financing Activities -98.7M USD +1.82%
Net Cash Provided by (Used in) Investing Activities -113M USD -37.6%
Common Stock, Shares Authorized 160M shares 0%
Common Stock, Shares, Issued 112M shares 0%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -37M USD -1497%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 282M USD +0.01%
Interest Paid, Excluding Capitalized Interest, Operating Activities 927K USD +1.31%
Deferred Tax Assets, Valuation Allowance 9.56M USD -10.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 67.2M USD +2.54%
Depreciation 385M USD +0.79%
Payments to Acquire Property, Plant, and Equipment 136M USD +42.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 349M USD -14.8%
Lessee, Operating Lease, Liability, to be Paid 54.4M USD +72.1%
Property, Plant and Equipment, Gross 7.81B USD +3.62%
Operating Lease, Liability, Current 13.8M USD +11.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.55M USD -3.19%
Lessee, Operating Lease, Liability, to be Paid, Year One 10.5M USD +7.85%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +40%
Deferred Income Tax Expense (Benefit) -7.83M USD -4264%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.39M USD +19.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 247K USD -74.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.06M USD +149%
Operating Lease, Payments 3.26M USD +31.9%
Amortization of Intangible Assets 6.4M USD -5.88%
Depreciation, Depletion and Amortization 391M USD +1.08%
Deferred Tax Assets, Net of Valuation Allowance 57.6M USD +5.14%
Share-based Payment Arrangement, Expense 31.9M USD +5.88%
Interest Expense 17.3M USD +0.52%