Helmerich & Payne, Inc.

Helmerich & Payne, Inc.verified

HP

Price:

$30.34

Market Cap:

$3.00B

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U....[Read more]

Industry

Oil & Gas Drilling

IPO Date

1980-10-15

Stock Exchange

NYSE

Ticker

HP

The Current Ratio as of September 2024 (TTM) for Helmerich & Payne, Inc. (HP) is 2.12

According to Helmerich & Payne, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.12. This represents a change of -3.41% compared to the average of 2.20 of the last 4 quarters.

Helmerich & Payne, Inc. (HP) Historical Current Ratio (quarterly & annually)

How has HP Current Ratio performed in the past?

The mean historical Current Ratio of Helmerich & Payne, Inc. over the last ten years is 3.18. The current 2.12 Current Ratio has changed 6.58% with respect to the historical average. Over the past ten years (40 quarters), HP's Current Ratio was at its highest in in the December 2016 quarter at 5.04. The Current Ratio was at its lowest in in the September 2021 quarter at 1.83.

Quarterly (TTM)
Annual

Average

3.18

Median

2.84

Minimum

1.83

Maximum

4.76

Helmerich & Payne, Inc. (HP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Helmerich & Payne, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 62.79%

Maximum Annual Current Ratio = 4.76

Minimum Annual Increase = -58.34%

Minimum Annual Current Ratio = 1.83

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.40-5.41%
20222.5438.71%
20211.83-58.34%
20204.4061.73%
20192.72-8.10%
20182.96-17.54%
20173.59-24.71%
20164.7616.28%
20154.1062.79%
20142.52-9.53%

Helmerich & Payne, Inc. (HP) Average Current Ratio

How has HP Current Ratio performed in the past?

The current Current Ratio of Helmerich & Payne, Inc. (HP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.26

5-year avg

2.78

10-year avg

3.18

Helmerich & Payne, Inc. (HP) Current Ratio vs. Peers

How is HP’s Current Ratio compared to its peers?

Helmerich & Payne, Inc.’s Current Ratio is greater than Nabors Industries Ltd. (1.82), greater than Precision Drilling Corporation (1.51), greater than Diamond Offshore Drilling, Inc. (1.73), less than Seadrill Limited (3.19), greater than Patterson-UTI Energy, Inc. (1.50), greater than Noble Corporation (1.55), greater than Borr Drilling Limited (1.47), greater than Transocean Ltd. (1.36),

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