Helmerich & Payne, Inc.
HP · Drilling Oil & Gas Wells · 99.9M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $27M (gross $60M, SBC $32M)
Reference price $41.45 · est. market cap ~$4.1B — last insider sale, 2026-05-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C58Established land driller posting a FY2025 net loss while digesting a transformational ~$2B KCA Deutag acquisition.
Strengths
- Strong revenue growth +34% (82nd pct) and positive operating cash flow (OCF margin 66th pct) and FCF (67th pct)
- Expanded scale and international/offshore diversification from the KCA Deutag deal
Risks
- Loss year: net margin -4.4%, ROA -2.4%, net income down ~148% (10th pct) — returns near the floor
- Highly cyclical oil-services demand plus material integration, goodwill/impairment and leverage risk from the acquisition
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
0.1%
Net margin
-4.4%
Return on assets
-2.4%
Revenue growth (QoQ)
-8.3%
Net-income growth
-147.6%
Net debt / EBITDA
2.8×
Current ratio
1.8×
Free cash flow
$117M
EBITDA
$628M
Cash & investments
$287M
Stock comp / revenue
0.8%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-04 | Momper Sara Marie | Tax withheld | 440 | $39.60 |
| 2026-05-18 | Hair Cara M. | Sell | 28K | $41.45 |
| 2026-03-19 | Hair Cara M. | Sell | 59K | $36.62 |
| 2026-03-05 | Cramton Kevin G. | Grant | 5.3K | — |
| 2026-03-05 | Killinger Elizabeth R | Grant | 5.3K | — |
| 2026-03-05 | Chariag Belgacem | Grant | 5.3K | — |
| 2026-03-05 | Foutch Randy A | Grant | 5.3K | — |
| 2026-03-05 | HELMERICH HANS | Grant | 7.9K | — |
| 2026-03-05 | ZEGLIS JOHN D | Grant | 5.3K | — |
| 2026-03-05 | MAS JOSE RAMON | Grant | 5.3K | — |
| 2026-01-12 | Adams Raymond John III | Grant | 2.0K | — |
| 2026-01-12 | Adams Raymond John III | Tax withheld | 684 | $30.58 |
| 2026-01-12 | Momper Sara Marie | Grant | 426 | — |
| 2026-01-12 | Momper Sara Marie | Tax withheld | 145 | $30.58 |
| 2026-01-12 | Lennox Michael | Grant | 2.4K | — |
| 2026-01-12 | Lennox Michael | Tax withheld | 831 | $30.58 |
| 2026-01-12 | Hair Cara M. | Grant | 3.1K | — |
| 2026-01-12 | Hair Cara M. | Tax withheld | 1.0K | $30.58 |
| 2026-01-12 | Bell John R. | Grant | 2.6K | — |
| 2026-01-12 | Bell John R. | Tax withheld | 874 | $30.58 |
| 2026-01-12 | LINDSAY JOHN W | Grant | 11K | — |
| 2026-01-12 | LINDSAY JOHN W | Tax withheld | 3.4K | $30.58 |
| 2025-12-19 | LINDSAY JOHN W | Gift | 526K | — |
| 2025-12-19 | HELMERICH HANS | Sell | 25K | $28.10 |
| 2025-12-19 | HELMERICH HANS | Sell | 50K | $28.13 |
| 2025-12-11 | Adams Raymond John III | Tax withheld | 2.7K | $30.85 |
| 2025-12-11 | Momper Sara Marie | Tax withheld | 321 | $30.85 |
| 2025-12-11 | Lennox Michael | Tax withheld | 2.9K | $30.85 |
| 2025-12-11 | Hair Cara M. | Tax withheld | 4.0K | $30.85 |
| 2025-12-11 | Bell John R. | Tax withheld | 3.0K | $30.85 |
| 2025-12-11 | Vann J Kevin | Tax withheld | 2.9K | $30.85 |
| 2025-12-11 | LINDSAY JOHN W | Tax withheld | 12K | $30.85 |
| 2025-12-10 | Hair Cara M. | Grant | 32K | — |
| 2025-12-10 | Adams Raymond John III | Grant | 38K | — |
| 2025-12-10 | Momper Sara Marie | Grant | 7.8K | — |
| 2025-12-10 | Lennox Michael | Grant | 32K | — |
| 2025-12-10 | Bell John R. | Grant | 32K | — |
| 2025-12-10 | Vann J Kevin | Grant | 34K | — |
| 2025-12-10 | LINDSAY JOHN W | Grant | 78K | — |
| 2025-12-09 | Adams Raymond John III | Tax withheld | 1.6K | $29.75 |
| 2025-12-09 | Bell John R. | Tax withheld | 2.0K | $29.75 |
| 2025-12-09 | LINDSAY JOHN W | Tax withheld | 8.7K | $29.75 |
| 2025-12-09 | Momper Sara Marie | Tax withheld | 223 | $29.75 |
| 2025-12-09 | Lennox Michael | Tax withheld | 1.9K | $29.75 |
| 2025-12-09 | Hair Cara M. | Tax withheld | 2.4K | $29.75 |
| 2025-12-05 | Adams Raymond John III | Tax withheld | 2.3K | $29.88 |
| 2025-12-05 | Momper Sara Marie | Tax withheld | 302 | $29.88 |
| 2025-12-05 | Lennox Michael | Tax withheld | 2.8K | $29.88 |
| 2025-12-05 | Hair Cara M. | Tax withheld | 3.2K | $29.88 |
| 2025-12-05 | Bell John R. | Tax withheld | 2.8K | $29.88 |
| 2025-12-05 | LINDSAY JOHN W | Tax withheld | 12K | $29.88 |
| 2025-12-03 | Momper Sara Marie | Sell | 6.7K | $30.23 |
| 2025-10-01 | Hair Cara M. | Grant | 43K | — |
| 2025-10-01 | Lennox Michael | Grant | 43K | — |
| 2025-10-01 | Bell John R. | Grant | 43K | — |
| 2025-08-18 | Momper Sara Marie | Sell | 6.7K | $17.83 |
| 2025-06-04 | Momper Sara Marie | Grant | 4.6K | — |
| 2025-03-06 | Cramton Kevin G. | Grant | 7.2K | — |
| 2025-03-06 | ZEGLIS JOHN D | Grant | 7.2K | — |
| 2025-03-06 | MAS JOSE RAMON | Grant | 7.2K | — |
| 2025-03-06 | Killinger Elizabeth R | Grant | 7.2K | — |
| 2025-03-06 | HELMERICH HANS | Grant | 11K | — |
| 2025-03-06 | Chariag Belgacem | Grant | 7.2K | — |
| 2025-02-18 | Foutch Randy A | Buy | 3.8K | $26.25 |
| 2025-02-10 | Chariag Belgacem | Buy | 37K | $27.08 |
| 2025-02-10 | LINDSAY JOHN W | Buy | 20K | $27.55 |
| 2025-01-16 | LINDSAY JOHN W | Grant | 73K | — |
| 2025-01-16 | LINDSAY JOHN W | Tax withheld | 42K | $36.70 |
| 2025-01-16 | Lennox Michael | Grant | 15K | — |
| 2025-01-16 | Lennox Michael | Tax withheld | 6.6K | $36.70 |
| 2025-01-16 | Hair Cara M. | Grant | 19K | — |
| 2025-01-16 | Bell John R. | Grant | 17K | — |
| 2025-01-16 | Bell John R. | Tax withheld | 7.3K | $36.70 |
| 2025-01-16 | Adams Raymond John III | Grant | 14K | — |
| 2025-01-16 | Hair Cara M. | Tax withheld | 8.2K | $36.70 |
| 2025-01-16 | Adams Raymond John III | Tax withheld | 6.0K | $36.70 |
| 2025-01-16 | Hair Cara M. | Tax withheld | 8.5K | $36.70 |
| 2025-01-16 | Momper Sara Marie | Grant | 2.6K | — |
| 2025-01-16 | Momper Sara Marie | Tax withheld | 1.3K | $36.70 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-03 | Other | filing ↗ |
| 2026-05-06 | ResultsExhibits | filing ↗ |
| 2026-03-16 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-03-06 | Exec/director changeShareholder vote | filing ↗ |
| 2026-03-04 | Other | filing ↗ |
| 2026-02-04 | ResultsExhibits | filing ↗ |
| 2025-12-11 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-12-09 | Other | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-03 | 2026-06-03 | 0000046765-26-000036 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0000046765-26-000034 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0000046765-26-000025 ↗ |
| 8-K | 2026-03-16 | 2026-03-10 | 0000046765-26-000020 ↗ |
| 8-K | 2026-03-06 | 2026-03-04 | 0000046765-26-000017 ↗ |
| 8-K | 2026-03-04 | 2026-03-04 | 0000046765-26-000014 ↗ |
| 10-Q | 2026-02-05 | 2025-12-31 | 0000046765-26-000012 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0000046765-26-000010 ↗ |
| 8-K | 2025-12-11 | 2025-12-10 | 0000046765-25-000077 ↗ |
| 8-K | 2025-12-09 | 2025-12-09 | 0000046765-25-000074 ↗ |
| 10-K | 2025-11-21 | 2025-09-30 | 0000046765-25-000071 ↗ |
| 8-K | 2025-11-17 | 2025-11-17 | 0000046765-25-000064 ↗ |