Why did Helmerich and Payne (HP) stock move recently?

On 9/2/2026, Helmerich and Payne moved +3.1% — Helmerich & Payne shares rose as stronger oil prices lifted drilling demand and supported expectations for higher rig activity and day rates. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Helmerich and Payne (HP) overvalued or fairly valued?

MarketChacha shows Helmerich and Payne's valuation in context — a forward P/E of about 24.3, a price-to-book of about 1.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Helmerich and Payne's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (3.35×) from reported figures — education, not a rating.

What is Helmerich and Payne's revenue?

Helmerich and Payne reported revenue of $3.7B for FY2025, with net profit of $-163.7M, per official filings.

What is the share price of Helmerich and Payne (HP)?

Helmerich and Payne last traded at $38.18 (-0.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Helmerich and Payne

HP · NYSE · Energy · United States

Snapshot

TickerHP

ExchangeNYSE

SectorEnergy

IndustryOil & Gas Drilling

CountryUnited States

Employees15,700

HeadquartersTulsa, United States

Websitewww.hpinc.com

Filings tracked18

About Helmerich and Payne

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates through North America Solutions, Offshore Solutions, and International Solutions segments. The North America Solutions segment conducts operations primarily in Texas. The Offshore Solutions segment has drilling operations in Louisiana and in U.S. federal waters the North Sea and Norwegian Sea off the coast of Norway, Caspian Sea and other international waters. The International Solutions segment conducts drilling operations in Saudi Arabia, Argentina, Bahrain, Oman, Germany, and Kuwait. The company focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. It also owns and operates commercial real estate properties. In addition, the company's real estate investments include a shopping center. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.

Who owns it

Insiders3.8%
Institutions96.2%
Public & other0.0%

493 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.15.69%
State Farm Mutual Automobile Insurance Co7.85%
Vanguard Portfolio Management LLC6.18%
Dimensional Fund Advisors LP5.91%
State Street Corporation4.53%
Vanguard Capital Management LLC4.17%
American Century Companies Inc3.85%
Invesco Ltd.3.75%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 19.6 points over the period — profitability is trending down.

Cash conversion3.35×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend15.2% → -4.4%

Margin has compressed by about 19.6 points over the period — profitability is trending down.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.1B · EPS 0.29

Est. earnings growth +296.3%

Next fiscal year

Rev $4.3B · EPS 1.56

Est. earnings growth +500.2%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$3.7B

Net margin

-4.4%

Revenue CAGR (2y)

+13.4%

EPS (FY2025)

-1.66

Net profit (FY2025)

$-163.7M

Ask MarketChacha about HP

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 2, 2026
Helmerich & Payne shares rose as stronger oil prices lifted drilling demand and supported expectations for higher rig activity and day rates.
source 1 ↗· confidence: high
Sep 1, 2026
HP rose on continued momentum from its strong Q3 2026 earnings beat and raised Q4 guidance (higher North America rig count and margins), plus recent analyst price target increases (Barclays to $50, Susquehanna to $44) and institutional share purchases.
source 1 ↗source 2 ↗source 3 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$3.7B	$-163.7M	-1.66	-4.4%	—
FY2024	$2.7B	$344.2M	3.43	12.5%	11.8%
FY2023	$2.9B	$434.1M	4.16	15.2%	15.7%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$986.9M	$75.7M	0.74	7.7%
2026Q1	$906.4M	$-58.6M	-0.59	-6.5%
2025Q4	$981.1M	$-96.7M	-0.98	-9.9%
2025Q2	$1.0B	$-162.8M	-1.64	-15.7%
2025Q1	$1.0B	$1.7M	0.01	0.2%
2024Q4	$674.6M	$54.8M	0.54	8.1%
2024Q2	$695.1M	$88.7M	0.88	12.8%
2024Q1	$685.1M	$84.8M	0.84	12.4%
2023Q4	$674.6M	$95.2M	0.94	14.1%
2023Q2	$721.6M	$95.3M	0.93	13.2%
2023Q1	$766.7M	$164.0M	1.55	21.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/6/2026
8-K — Results of operations, Exhibits
SEC8/5/2026material
8-K — Other events
SEC6/3/2026material
10-Q filing
SEC5/7/2026
8-K — Results of operations, Exhibits
SEC5/6/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC3/16/2026material
8-K — Executive/director change, Shareholder vote results
SEC3/6/2026material
8-K — Other events
SEC3/4/2026material
10-Q filing
SEC2/5/2026
8-K — Results of operations, Exhibits
SEC2/4/2026material

2025

8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC12/11/2025material
8-K — Other events
SEC12/9/2025material
10-K filing
SEC11/21/2025
8-K — Results of operations, Exhibits
SEC11/17/2025material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC9/29/2025material
8-K — Other events
SEC9/9/2025material
10-Q filing
SEC8/11/2025
8-K — Results of operations, Exhibits
SEC8/6/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.