XNYS
HP
Market cap3.96bUSD
Oct 08, Last price
40.19USD
1D
1.39%
1Q
20.58%
Jan 2017
-48.07%
Name
Helmerich and Payne Inc
Chart & performance
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Profile
Helmerich & Payne, Inc., along with its affiliated companies, provides specialized drilling services and innovative solutions to businesses involved in the exploration and production of oil and gas. The company's operations are strategically organized into three distinct divisions: North America Solutions, Offshore Gulf of Mexico, and International Solutions. Within the North America Solutions segment, primary drilling activities are conducted across a broad geographical area, encompassing U.S. states such as Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. This division also actively pursues the development, promotion, and commercialization of advanced technologies designed to enhance drilling efficiency, wellbore quality, and accurate placement. The Offshore Gulf of Mexico segment focuses its drilling endeavors in Louisiana and within the federal waters of the U.S. Gulf of Mexico. Internationally, the Solutions segment manages drilling projects in various countries, including Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, Helmerich & Payne commanded a substantial fleet, featuring 236 land rigs situated in North America, 30 land rigs operating internationally, and 7 offshore platform rigs. Beyond its core drilling operations, the company also maintains an interest in commercial real estate. Its property portfolio in Tulsa, Oklahoma, comprises a shopping center offering approximately 390,000 square feet of leasable space, alongside about 176 acres of undeveloped land. Helmerich & Payne, Inc. was founded in 1920 and continues to maintain its corporate headquarters in Tulsa, Oklahoma.
Related entities
Subsidiaries
HELMERICH & PAYNE INTERNATIONAL DRILLING CO.
Key people
Non-Executive Chairman of the Board · since 2014
Raymond Adams
President, Chief Executive Officer · since 2026
Chief Financial Officer, Senior Vice President · since 2024
John Bell
Executive Vice President - Eastern Hemisphere Land · since 2025
Rebecca Clarke
Senior Vice President and President of BENTEC · since 2025
Michael Lennox
Executive Vice President - Western Hemisphere Land · since 2025
Ole Maier
Senior Vice President - Worldwide Offshore operations · since 2025
Cara Hair
Senior Vice President - Corporate Services, Chief Legal and Compliance Officer · since 2020
Randy Foutch
Lead Independent Director · since 2020
Delaney Bellinger
Independent Director · since 2018
Independent Director · since 2021
Kevin Cramton
Independent Director · since 2017
Elizabeth Killinger
Independent Director · since 2023
Independent Director · since 2017
Independent Director · since 2012
John Zeglis
Independent Director · since 1989
Legal address
C/O CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
1437 South Boulder Avenue
Suite 1400
Tulsa, OK 74119
US
Suite 1400
Tulsa, OK 74119
US
Valuation
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