Helmerich & Payne, Inc.HP
Market cap
$2.7B
P/E ratio
| Sep 30, 2010 | Sep 30, 2011 | Sep 30, 2012 | Sep 30, 2013 | Sep 30, 2014 | Sep 30, 2015 | Sep 30, 2016 | Sep 30, 2017 | Sep 30, 2018 | Sep 30, 2019 | Sep 30, 2020 | Sep 30, 2021 | Sep 30, 2022 | Sep 30, 2023 | Sep 30, 2024 | |
| Drilling services | 1,875 | 2,544 | 3,152 | 3,388 | 3,720 | 3,165 | 1,624 | 1,805 | 2,487 | 2,798 | 1,774 | 1,219 | 2,059 | 2,872 | 2,757 |
| Other | - | - | - | - | - | - | - | - | - | 13 | 12 | 8 | 9 | 10 | 10 |
| Drilling services operating expenses, excluding depreciation and amortization | - | - | - | - | - | - | - | - | - | 1,803 | 1,185 | 953 | 1,427 | 1,715 | 1,630 |
| Other operating expenses | - | - | - | - | - | - | - | - | 26 | 5 | 6 | 5 | 5 | 4 | 4 |
| Depreciation and amortization | 263 | 315 | 388 | 456 | 524 | 607 | 599 | 586 | 584 | 563 | 482 | 420 | 403 | 382 | 397 |
| Research and development | 12 | 16 | 16 | 15 | 16 | 16 | 10 | 12 | 18 | 27 | 22 | 22 | 27 | 30 | 41 |
| Selling, general and administrative | - | - | - | - | - | - | - | - | 201 | 194 | 168 | 172 | 182 | 207 | 245 |
| Asset impairment charges | - | - | - | - | - | 39 | 6 | - | 23 | 224 | 563 | 71 | 4 | 12 | - |
| Restructuring Costs | - | - | - | - | - | - | - | - | - | - | 16 | 6 | 1 | - | - |
| Acquisition transaction costs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15 |
| Gain on reimbursement of drilling equipment | - | - | - | - | - | - | - | - | - | - | - | - | 29 | 48 | 33 |
| Other (gain) loss on sale of assets | - | - | - | 19 | 20 | 12 | 10 | 21 | 23 | 40 | 47 | 1 | 5 | -8 | -5 |
| Total operating costs and expenses | 1,423 | 1,841 | 2,242 | 2,431 | 2,665 | 2,490 | 1,650 | 1,977 | 2,456 | 2,778 | 2,394 | 1,647 | 2,014 | 2,311 | 2,305 |
| OPERATING INCOME | 452 | 703 | 910 | 957 | 1,055 | 676 | -26 | -173 | 32 | 21 | -620 | -429 | 45 | 562 | 452 |
| Interest and dividend income | 2 | 2 | 1 | 2 | 2 | 6 | 3 | 6 | 8 | 9 | 7 | 10 | 18 | 28 | 41 |
| Interest expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29 |
| Gain (Loss) on Investments | - | 1 | - | 162 | 45 | - | -26 | - | 0 | -54 | -9 | 7 | 58 | 11 | 14 |
| Loss on extinguishment of debt | - | - | - | - | - | - | - | - | - | - | - | - | -60 | - | - |
| Other | 2 | -1 | 0 | -0 | -1 | -1 | -1 | 2 | 0 | -2 | -5 | -6 | -11 | 9 | 3 |
| Total unallocated amounts | -14 | -15 | -7 | 158 | 42 | -10 | -47 | -12 | -16 | -72 | -16 | -13 | -14 | 31 | 29 |
| Income before income taxes | - | - | - | - | - | 666 | -73 | -185 | 16 | -51 | -636 | -441 | 31 | 593 | 481 |
| Income tax expense | 152 | 252 | 329 | 393 | 388 | 243 | -20 | -57 | -477 | -19 | -140 | -104 | 24 | 159 | 137 |
| NET INCOME | 156 | - | 581 | 737 | 709 | 422 | -57 | -128 | 483 | -34 | -494 | -326 | 7 | 434 | 344 |
| Earnings Per Share, Basic | 1.47 | 4.06 | 5.42 | 6.89 | 6.54 | 3.9 | -0.54 | -1.2 | 4.39 | -0.34 | -4.6 | -3.04 | 0.05 | 4.18 | 3.43 |
| Earnings Per Share, Diluted | 1.45 | 3.99 | 5.34 | 6.79 | 6.46 | 3.87 | -0.54 | -1.2 | 4.37 | -0.34 | -4.6 | -3.04 | 0.05 | 4.16 | 3.43 |