Helmerich & Payne (HP)

• Market cap: $2.61B
• 1 day: -3.06%
• 5 days: -4.06%
• 1 month: -27.84%
• 3 months: -23.76%
• 6 months: -20.02%
• Year to date: -20.74%
• 1 year: -32.40%
• 5 years: -41.54%
• 10 years: -61.17%
• Sector: Energy
• Industry: Drilling Oil & Gas Wells

About: Helmerich & Payne Inc provides performance-driven drilling solutions and technologies that are intended to make hydrocarbon recovery safer and more economical for oil and gas exploration and production companies. The Company focus on the drilling segment of the oil and gas production value chain. Company operates in North America, Gulf of Mexico, and other international places such as Argentina, Australia, Bahrain, Colombia and the United Arab Emirates (UAE). Also own and operates a limited number of commercial real estate properties located in Tulsa, Oklahoma. It's real estate investments include a shopping center and of undeveloped real estate projects.

Employees: 6,200

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

2% more capital invested

Capital invested by funds: $3.23B [Q3] → $3.29B (+$65.9M) [Q4]

3.07% less ownership

Funds ownership: 107.1% [Q3] → 104.03% (-3.07%) [Q4]

4% less funds holding

Funds holding: 383 [Q3] → 367 (-16) [Q4]

11% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 57

13% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 139

21% less call options, than puts

Call options by funds: $7.95M | Put options by funds: $10M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $24 9% downside
• Avg. target: $35 31% upside
• High target: $40 52% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

Barclays David Anderson 45% 1-year accuracy 36 / 80 met price target	9% downside $24	Equal-Weight Maintained	19 Feb 2025
RBC Capital Keith Mackey 50% 1-year accuracy 10 / 20 met price target	33% upside $35	Sector Perform Maintained	7 Feb 2025
Evercore ISI Group James West 57% 1-year accuracy 21 / 37 met price target	49% upside $39	In-Line Downgraded	15 Jan 2025
Citigroup Scott Gruber 45% 1-year accuracy 32 / 71 met price target	52% upside $40	Buy Upgraded	10 Jan 2025