
Helmerich & Payne, Inc. (NYSE:HP – Free Report) – Investment analysts at Zacks Research upped their Q4 2026 earnings per share (EPS) estimates for Helmerich & Payne in a research note issued to investors on Thursday, August 27th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings per share of $0.18 for the quarter, up from their prior estimate of $0.17. The consensus estimate for Helmerich & Payne’s current full-year earnings is ($0.16) per share. Zacks Research also issued estimates for Helmerich & Payne’s Q2 2027 earnings at $0.18 EPS, Q4 2027 earnings at $0.44 EPS, FY2027 earnings at $1.24 EPS and FY2028 earnings at $2.42 EPS.
Helmerich & Payne (NYSE:HP – Get Free Report) last announced its earnings results on Wednesday, August 5th. The oil and gas company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.20). The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $987.70 million. Helmerich & Payne had a negative return on equity of 2.35% and a negative net margin of 3.43%.The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter last year, the business earned $0.22 EPS.
Helmerich & Payne Stock Performance
NYSE:HP opened at $42.58 on Friday. The stock has a market capitalization of $4.25 billion, a P/E ratio of -30.20 and a beta of 0.61. The company has a current ratio of 1.96, a quick ratio of 1.55 and a debt-to-equity ratio of 0.69. Helmerich & Payne has a 1 year low of $19.48 and a 1 year high of $45.00. The firm has a 50 day moving average of $36.35 and a 200-day moving average of $36.55.
Hedge Funds Weigh In On Helmerich & Payne
Several institutional investors have recently modified their holdings of the stock. William B. Walkup & Associates Inc. increased its stake in shares of Helmerich & Payne by 1.0% in the 1st quarter. William B. Walkup & Associates Inc. now owns 35,241 shares of the oil and gas company’s stock valued at $1,270,000 after acquiring an additional 355 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Helmerich & Payne by 1.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 22,761 shares of the oil and gas company’s stock worth $653,000 after acquiring an additional 400 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in Helmerich & Payne by 24.3% during the 4th quarter. Hantz Financial Services Inc. now owns 2,276 shares of the oil and gas company’s stock worth $65,000 after acquiring an additional 445 shares during the last quarter. Cerity Partners LLC grew its holdings in Helmerich & Payne by 2.6% during the fourth quarter. Cerity Partners LLC now owns 19,339 shares of the oil and gas company’s stock valued at $555,000 after purchasing an additional 498 shares during the period. Finally, KLCM Advisors Inc. grew its holdings in Helmerich & Payne by 5.5% during the fourth quarter. KLCM Advisors Inc. now owns 10,550 shares of the oil and gas company’s stock valued at $303,000 after purchasing an additional 550 shares during the period. 96.05% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Helmerich & Payne
In related news, SVP Cara M. Hair sold 11,149 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $44.27, for a total value of $493,566.23. Following the completion of the sale, the senior vice president owned 136,095 shares in the company, valued at approximately $6,024,925.65. This represents a 7.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Hans Helmerich sold 94,470 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $43.90, for a total value of $4,147,233.00. Following the completion of the transaction, the director directly owned 20,000 shares in the company, valued at $878,000. The trade was a 82.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 110,673 shares of company stock worth $4,864,590 in the last three months. Insiders own 4.40% of the company’s stock.
Helmerich & Payne Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, August 18th. Helmerich & Payne’s dividend payout ratio (DPR) is currently -70.92%.
About Helmerich & Payne
Helmerich & Payne, Inc is a leading provider of contract drilling services to the oil and gas industry, specializing primarily in onshore drilling operations. The company designs, engineers and operates a fleet of advanced drilling rigs, including its proprietary FlexRigs, which are engineered for high efficiency, safety and rapid mobilization. Alongside core drilling services, Helmerich & Payne offers well intervention, workover and coiled tubing services, positioning itself as a comprehensive drilling solutions partner for exploration and production companies worldwide.
Founded in 1920 and headquartered in Tulsa, Oklahoma, Helmerich & Payne has grown through innovation and strategic expansion to serve diverse hydrocarbon basins.
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