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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 5.60
HP's Cash to Debt is ranked higher than
80% of the 206 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 0.60 vs. HP: 5.60 )
HP' s 10-Year Cash to Debt Range
Min: 0.17   Max: 5.6
Current: 5.6

0.17
5.6
Equity to Asset 0.71
HP's Equity to Asset is ranked higher than
87% of the 181 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 0.56 vs. HP: 0.71 )
HP' s 10-Year Equity to Asset Range
Min: 0.63   Max: 0.79
Current: 0.71

0.63
0.79
Interest Coverage 156.09
HP's Interest Coverage is ranked higher than
83% of the 133 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 7.50 vs. HP: 156.09 )
HP' s 10-Year Interest Coverage Range
Min: 2.8   Max: 170
Current: 156.09

2.8
170
F-Score: 7
Z-Score: 5.31
M-Score: -3.78
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating margin (%) 28.24
HP's Operating margin (%) is ranked higher than
90% of the 178 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 8.73 vs. HP: 28.24 )
HP' s 10-Year Operating margin (%) Range
Min: -2.08   Max: 38.8
Current: 28.24

-2.08
38.8
Net-margin (%) 21.75
HP's Net-margin (%) is ranked higher than
91% of the 178 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 3.20 vs. HP: 21.75 )
HP' s 10-Year Net-margin (%) Range
Min: 0.74   Max: 27.57
Current: 21.75

0.74
27.57
ROE (%) 16.58
HP's ROE (%) is ranked higher than
94% of the 202 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: -0.41 vs. HP: 16.58 )
HP' s 10-Year ROE (%) Range
Min: 0.48   Max: 24.75
Current: 16.58

0.48
24.75
ROA (%) 11.76
HP's ROA (%) is ranked higher than
96% of the 209 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: -0.42 vs. HP: 11.76 )
HP' s 10-Year ROA (%) Range
Min: 0.31   Max: 15.57
Current: 11.76

0.31
15.57
ROC (Joel Greenblatt) (%) 19.00
HP's ROC (Joel Greenblatt) (%) is ranked higher than
93% of the 200 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 3.45 vs. HP: 19.00 )
HP' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1.1   Max: 27.08
Current: 19

-1.1
27.08
Revenue Growth (%) 21.60
HP's Revenue Growth (%) is ranked higher than
83% of the 134 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 13.60 vs. HP: 21.60 )
HP' s 10-Year Revenue Growth (%) Range
Min: -22.1   Max: 38.9
Current: 21.6

-22.1
38.9
EBITDA Growth (%) 29.70
HP's EBITDA Growth (%) is ranked higher than
89% of the 118 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 8.10 vs. HP: 29.70 )
HP' s 10-Year EBITDA Growth (%) Range
Min: -25.4   Max: 92.4
Current: 29.7

-25.4
92.4
EPS Growth (%) 35.70
HP's EPS Growth (%) is ranked higher than
90% of the 123 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: -1.70 vs. HP: 35.70 )
HP' s 10-Year EPS Growth (%) Range
Min: -55   Max: 374.4
Current: 35.7

-55
374.4
» HP's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

HP Guru Trades in Q2 2013

Jeremy Grantham 43,900 sh (New)
John Hussman 350,000 sh (+40%)
FPA Capital Fund 197,400 sh (+22.23%)
First Pacific Advisors 458,100 sh (+21.9%)
Ron Baron 2,745,825 sh (+17.68%)
Scott Black 158,047 sh (+11.34%)
Jean-Marie Eveillard 1,047,948 sh (+1.88%)
Ray Dalio Sold Out
Ken Fisher 925,825 sh (-0.33%)
Chuck Royce 3,193,434 sh (-3.44%)
Arnold Van Den Berg 182,470 sh (-4.12%)
Pioneer Investments 226,445 sh (-8.5%)
Steven Cohen 11,101 sh (-47.6%)
Paul Tudor Jones 5,200 sh (-64.14%)
» More
Q3 2013

HP Guru Trades in Q3 2013

Joel Greenblatt 86,395 sh (New)
James Barrow 1,541,415 sh (New)
Ray Dalio 10,684 sh (New)
Jim Simons 232,800 sh (New)
Jeremy Grantham 46,661 sh (+6.29%)
Jean-Marie Eveillard 1,086,316 sh (+3.66%)
Ron Baron 2,821,802 sh (+2.77%)
FPA Capital Fund 197,400 sh (unchged)
John Hussman 350,000 sh (unchged)
Paul Tudor Jones Sold Out
Scott Black Sold Out
Steven Cohen Sold Out
Ken Fisher 920,175 sh (-0.61%)
Pioneer Investments 223,183 sh (-1.44%)
Arnold Van Den Berg 179,725 sh (-1.5%)
First Pacific Advisors 438,500 sh (-4.28%)
Chuck Royce 3,007,410 sh (-5.83%)
» More
Q4 2013

HP Guru Trades in Q4 2013

Paul Tudor Jones 5,000 sh (New)
David Dreman 908 sh (New)
Ray Dalio 80,483 sh (+653.3%)
FPA Capital Fund 197,400 sh (unchged)
Jim Simons Sold Out
Jean-Marie Eveillard Sold Out
Ron Baron 2,817,510 sh (-0.15%)
James Barrow 1,538,793 sh (-0.17%)
Arnold Van Den Berg 176,660 sh (-1.71%)
Pioneer Investments 218,811 sh (-1.96%)
Chuck Royce 2,922,800 sh (-2.81%)
First Pacific Advisors 410,700 sh (-6.34%)
Ken Fisher 831,490 sh (-9.64%)
Joel Greenblatt 77,453 sh (-10.35%)
Jeremy Grantham 31,922 sh (-31.59%)
John Hussman 216,000 sh (-38.29%)
» More
Q1 2014

HP Guru Trades in Q1 2014

FPA Capital Fund 177,700 sh (-9.98%)
Arnold Van Den Berg 97,036 sh (-45.07%)
Ken Fisher 441,755 sh (-46.87%)
» More
» Details

Insider Trades

Latest Guru Trades with HP

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Arnold Van Den Berg 2014-03-31 Reduce -45.07%0.63%$81.95 - $107.7 $ 113.8123%97036
FPA Capital Fund 2014-03-31 Reduce -9.98%0.19%$81.95 - $107.7 $ 113.8123%177700
John Hussman 2013-12-31 Reduce -38.29%0.5%$71.11 - $84.03 $ 113.8146%216000
Jean-Marie Eveillard 2013-12-31 Sold Out 0.22%$71.11 - $84.03 $ 113.8146%0
Ray Dalio 2013-12-31 Add 653.3%0.05%$71.11 - $84.03 $ 113.8146%80483
David Dreman 2013-12-31 New Buy0.01%$71.11 - $84.03 $ 113.8146%908
Scott Black 2013-09-30 Sold Out 1.2%$62.91 - $70.82 $ 113.8172%0
Joel Greenblatt 2013-09-30 New Buy0.19%$62.91 - $70.82 $ 113.8172%86395
James Barrow 2013-09-30 New Buy0.17%$62.91 - $70.82 $ 113.8172%1541415
Ray Dalio 2013-09-30 New Buy0.01%$62.91 - $70.82 $ 113.8172%10684
John Hussman 2013-06-30 Add 40%0.29%$56.25 - $65.5 $ 113.8185%350000
FPA Capital Fund 2013-06-30 Add 22.23%0.27%$56.25 - $65.5 $ 113.8185%197400
Ron Baron 2013-06-30 Add 17.68%0.13%$56.25 - $65.5 $ 113.8185%2745825
Scott Black 2013-06-30 Add 11.34%0.12%$56.25 - $65.5 $ 113.8185%158047
Ray Dalio 2013-06-30 Sold Out 0.04%$56.25 - $65.5 $ 113.8185%0
John Hussman 2013-03-31 New Buy0.56%$56.01 - $67.94 $ 113.8182%250000
John Burbank 2013-03-31 Sold Out 0.43%$56.01 - $67.94 $ 113.8182%0
Ray Dalio 2013-03-31 Reduce -37.11%0.02%$56.01 - $67.94 $ 113.8182%66600
Premium More recent guru trades are included for Premium Members only!!
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Guru Investment Theses on Helmerich & Payne Inc

Baron Funds Comments on Helmerich & Payne - May 24, 2012

From Baron Funds' first quarter letter: Helmerich & Payne, Inc. (HP) is a leading land-drilling contractor in the U.S. and has the highest proportion of new-generation land rigs among its major competitors. Helmerich & Payne shares declined amid concerns that decade-low gas prices would result in lower overall drilling activity. Helmerich & Payne has the lowest exposure to gas drilling among its peers, which we believe should enable it to weather the transition from gas drilling to oil drilling that is now underway in the U.S. Further, demand for its high technology, highly efficient rigs remains strong, leading to premium margins and continued interest in new builds by its customers. (Jamie Stone)
Check out Ron Baron latest stock trades

Top Ranked Articles about Helmerich & Payne Inc

Conservative Scott Black – Delphi's High-Impact Sells in Third Quarter
Conservative Guru Scott Black once said at a Barron’s Roundtable, “…My point is that when you try to pick the market based upon rational assumptions, it seems like you are always wrong. It is better to stay fully invested by buying good businesses that are statistically cheap and forgetting about the market overall.” Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 16.70
HP's P/E(ttm) is ranked higher than
65% of the 104 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 12.30 vs. HP: 16.70 )
HP' s 10-Year P/E(ttm) Range
Min: 4.03   Max: 360.56
Current: 16.7

4.03
360.56
P/B 2.70
HP's P/B is ranked lower than
52% of the 199 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 1.29 vs. HP: 2.70 )
HP' s 10-Year P/B Range
Min: 0.83   Max: 3.56
Current: 2.7

0.83
3.56
P/S 3.60
HP's P/S is ranked lower than
60% of the 186 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 1.90 vs. HP: 3.60 )
HP' s 10-Year P/S Range
Min: 0.91   Max: 4.52
Current: 3.6

0.91
4.52
PFCF 65.10
HP's PFCF is ranked higher than
52% of the 63 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 17.00 vs. HP: 65.10 )
HP' s 10-Year PFCF Range
Min: 15.5   Max: 509.69
Current: 65.1

15.5
509.69
EV-to-EBIT 12.30
HP's EV-to-EBIT is ranked higher than
70% of the 145 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 12.67 vs. HP: 12.30 )
HP' s 10-Year EV-to-EBIT Range
Min: 3.2   Max: 220.8
Current: 12.3

3.2
220.8
PEG 0.80
HP's PEG is ranked higher than
68% of the 50 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 0.78 vs. HP: 0.80 )
HP' s 10-Year PEG Range
Min: 0.07   Max: 18.74
Current: 0.8

0.07
18.74
Shiller P/E 26.00
HP's Shiller P/E is ranked higher than
52% of the 63 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 13.20 vs. HP: 26.00 )
HP' s 10-Year Shiller P/E Range
Min: 7.82   Max: 48.05
Current: 26

7.82
48.05

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.60
HP's Dividend Yield is ranked lower than
76% of the 66 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 2.91 vs. HP: 1.60 )
HP' s 10-Year Dividend Yield Range
Min: 0.25   Max: 1.35
Current: 1.6

0.25
1.35
Dividend Payout 0.19
HP's Dividend Payout is ranked higher than
84% of the 57 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 0.36 vs. HP: 0.19 )
HP' s 10-Year Dividend Payout Range
Min: 0.04   Max: 3.58
Current: 0.19

0.04
3.58
Dividend growth (3y) 60.60
HP's Dividend growth (3y) is ranked higher than
94% of the 35 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 7.80 vs. HP: 60.60 )
HP' s 10-Year Dividend growth (3y) Range
Min: 1.8   Max: 60.6
Current: 60.6

1.8
60.6
Yield on cost (5-Year) 8.04
HP's Yield on cost (5-Year) is ranked higher than
71% of the 69 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 3.98 vs. HP: 8.04 )
HP' s 10-Year Yield on cost (5-Year) Range
Min: 1.26   Max: 6.78
Current: 8.04

1.26
6.78
Share Buyback Rate -0.10
HP's Share Buyback Rate is ranked higher than
92% of the 167 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: -8.10 vs. HP: -0.10 )
HP' s 10-Year Share Buyback Rate Range
Min: 17.7   Max: -21.8
Current: -0.1

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.70
HP's Price/Tangible Book is ranked lower than
54% of the 190 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 1.45 vs. HP: 2.70 )
HP' s 10-Year Price/Tangible Book Range
Min: 0.91   Max: 2.88
Current: 2.7

0.91
2.88
Price/DCF (Projected) 2.70
HP's Price/DCF (Projected) is ranked higher than
50% of the 64 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 1.56 vs. HP: 2.70 )
HP' s 10-Year Price/DCF (Projected) Range
Min: 1.62   Max: 20.09
Current: 2.7

1.62
20.09
Price/Median PS Value 1.50
HP's Price/Median PS Value is ranked lower than
63% of the 169 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 0.80 vs. HP: 1.50 )
HP' s 10-Year Price/Median PS Value Range
Min: 0.49   Max: 1.6
Current: 1.5

0.49
1.6
Price/Peter Lynch Fair Value 1.20
HP's Price/Peter Lynch Fair Value is ranked higher than
62% of the 34 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 0.84 vs. HP: 1.20 )
HP' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.31   Max: 4.32
Current: 1.2

0.31
4.32
Price/Graham Number 1.40
HP's Price/Graham Number is ranked higher than
54% of the 103 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 0.90 vs. HP: 1.40 )
HP' s 10-Year Price/Graham Number Range
Min: 0.58   Max: 4.83
Current: 1.4

0.58
4.83
Earnings Yield (Greenblatt) 8.10
HP's Earnings Yield (Greenblatt) is ranked higher than
71% of the 140 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 7.90 vs. HP: 8.10 )
HP' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 31.4
Current: 8.1

0.5
31.4
Forward Rate of Return (Yacktman) 15.35
HP's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 161 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: -8.35 vs. HP: 15.35 )
HP' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -14.7   Max: 61.9
Current: 15.35

-14.7
61.9

Business Description

Industry: Oil & Gas - Drilling » Oil & Gas Drilling
Compare:SDRL, ESV, PES, OMVJF, SBR » details
Traded in other countries:HPC.Germany
Helmerich & Payne, Inc. was incorporated under the laws of the State of Delaware on February 3, 1940, and is successor to a business originally organized in 1920. The company's contract drilling business is composed of three reportable business segments: U.S. Land, Offshore and International Land. Its U.S. Land operations drilled mainly in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Pennsylvania, Ohio, Utah, Arkansas, New Mexico, Montana, North Dakota and West Virginia. Offshore operations were conducted in the Gulf of Mexico, and offshore of California, Trinidad and Equatorial Guinea. The company's International Land segment operated in six international locations: Ecuador, Colombia, Argentina, Tunisia, Bahrain and United Arab Emirates ('UAE'). It is also engaged in the ownership, development and operation of commercial real estate and the research and development of rotary steerable technology. The company specializes in shallow to deep drilling in oil and gas producing basins of the United States and in drilling for oil and gas in international locations. In the United States, it draws its customers mainly from the major oil companies and the larger independent oil companies. In South America, its current customers include major international oil companies. The company provides drilling rigs, equipment, personnel and camps on a contract basis.

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