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HP (Helmerich & Payne) Scaled Net Operating Assets : 0.95 (As of Sep. 2024)


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What is Helmerich & Payne Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Helmerich & Payne's operating assets for the quarter that ended in Sep. 2024 was $5,272 Mil. Helmerich & Payne's operating liabilities for the quarter that ended in Sep. 2024 was $1,006 Mil. Helmerich & Payne's Total Assets for the quarter that ended in Jun. 2024 was $4,485 Mil. Therefore, Helmerich & Payne's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.95.


Helmerich & Payne Scaled Net Operating Assets Historical Data

The historical data trend for Helmerich & Payne's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Helmerich & Payne Scaled Net Operating Assets Chart

Helmerich & Payne Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.60 0.60 0.69 0.97

Helmerich & Payne Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.69 0.70 0.70 0.95

Competitive Comparison of Helmerich & Payne's Scaled Net Operating Assets

For the Oil & Gas Drilling subindustry, Helmerich & Payne's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Helmerich & Payne's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Helmerich & Payne's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Helmerich & Payne's Scaled Net Operating Assets falls into.



Helmerich & Payne Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Helmerich & Payne's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2024 )
=(Operating Assets (A: Sep. 2024 )-Operating Liabilities (A: Sep. 2024 ))/Total Assets (A: Sep. 2023 )
=(5271.638-1005.834)/4381.956
=0.97

where

Operating Assets(A: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5781.898 - 510.26
=5271.638

Operating Liabilities(A: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2864.746 - 1841.915 - 16.997
=1005.834

Helmerich & Payne's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(5271.638-1005.834)/4484.982
=0.95

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5781.898 - 510.26
=5271.638

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2864.746 - 1841.915 - 16.997
=1005.834

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Helmerich & Payne Scaled Net Operating Assets Related Terms

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Helmerich & Payne Business Description

Industry
Traded in Other Exchanges
Address
1437 South Boulder Avenue, Suite 1400, Tulsa, OK, USA, 74119
Helmerich & Payne maintains one of the largest fleets of land drilling rigs in the US. The company's FlexRig line is the leading choice to drill horizontal wells for production of US tight oil and gas. H&P is present in nearly every major US shale play and has a small but growing presence internationally.
Executives
Cara M. Hair officer: SVP, Corp. Services & CLO 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Mark W. Smith officer: Senior VP and CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Adams Raymond John Iii officer: SVP Sales, Marketing & Digital 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Elizabeth R Killinger director NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
John W Lindsay director, officer: President and CEO 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
John R. Bell officer: SVP, Int'l & Offshore Ops, sub 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Sara Marie Momper officer: VP, CAO 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119
Michael Lennox officer: SVP, US Land Ops, drilling sub 1437 S. BOULDER AVE., SUITE 140, TULSA OK 74119
Todd Willard Benson officer: President of H&P Technologies 1437 S. BOULDER AVENUE, SUITE 1400, TULSA OK 74119
Belgacem Chariag director TECHNO PARK, SHEIKH ZAYED ROAD, DUBAI C0 00000
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Kevin G. Cramton director 502 SAINT DAVIDS AVENUE, WAYNE PA 19087
Delaney Murchison Bellinger director 524 E. 24TH STREET, HOUSTON TX 77008
Jose Ramon Mas director 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134