- S&P 500
Company Profile
In the oil and gas industry, Helmerich & Payne (H&P) knows the drill: The contract driller operates around 350 land rigs in the US, 38 international land rigs, and nine offshore platform rigs, for industry giants such as Occidental Petroleum, Continental Resources, and YPF. Its US contract land drilling operations in 11 states accounts for the bulk of its revenues. It also drills offshore in California and the Gulf of Mexico, and has drilling units in South America, the Middle East, and Africa. H&P operates FlexRigs (drilling rigs equipped with new technologies, environmental and safety design). It also has real estate operations, including a shopping center and office buildings in Tulsa.
Financial Statements
- Income Statement
- Cash Flow
- Assets
- Liabilities
- Shareholders Equity
Cash Flow (mil) | 2017 | 2016 | 2015 |
---|---|---|---|
Cash at the beginning of the year | $905.6 | $729.4 | $360.9 |
Net Operating Cash | $357.2 | $753.6 | $1,428.6 |
Net Investing Cash | $-445 | $-234.2 | $-1,154 |
Net Financing Cash | $-296.4 | $-343.2 | $94.9 |
Capital Expenditure | $-397.6 | $-257.2 | $-1,131 |
Cash at end of the year | $521.4 | $905.6 | $729.4 |
Net Change in Cash | $-384.2 | $176.2 | $369.1 |
Assets (mil) | 2017 | 2016 | 2015 |
---|---|---|---|
Current Assets | |||
Cash | $521.4 | $905.6 | $729.4 |
Net Receivables | $398.3 | $287 | $445.9 |
Inventories | $137.2 | $124.3 | $128.5 |
Other Income Assets | $8.3 | $8.7 | $10 |
Asset Summary | |||
Total Current Assets | $1,235.3 | $1,572.7 | $1,439.2 |
Net Fixed Assets | $4,977.2 | $5,122.6 | $5,541 |
Other Noncurrent Assets | $17.2 | $24 | $40.5 |
Total Assets | $6,440 | $6,832 | $7,147.2 |
Liabilities (mil) | 2017 | 2016 | 2015 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $135.6 | $95.4 | $108.2 |
Short Term Debt | $ | $ | $39.1 |
Other Current Liabilities | $0.1 | $0.1 | $3.4 |
Liability Summary | |||
Total Current Liabilities | $344.4 | $330.1 | $348.2 |
Long Term Debt | $492.9 | $491.8 | $492.4 |
Other Noncurrent Liabilities | $26.7 | $16.6 | $22.4 |
Total Liabilities | $2,275.4 | $2,271.1 | $2,251.4 |
Stakeholder's Equity (mil) | 2017 | 2016 | 2015 |
---|---|---|---|
Equity | |||
Preferred Stock Equity | $ | $ | $ |
Common Stock Equity | $11.2 | $11.1 | $11.1 |
Equity Summary | |||
Total Equity | $4,164.6 | $4,560.9 | $4,895.8 |
Shares Outstanding | 108.6 | 108.1 | 107.8 |
Competitor Profiles
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For Your Call
Essential information for a successful call
- EMPLOYEES 840
- ASSETS (MIL USD) 6,440
- SALES (MIL USD) 1,804.74
- TICKER SYMBOL HP
- Incorporated 1920
- MARKET VALUE (MIL USD) 6,166.1
- FISCAL YEAR END SEP
- SALES GROWTH % 11.11%
- EMPLOYEE GROWTH % 50.21%
Get in Touch with 10 Contacts
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Hans HelmerichChairman
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John W. LindsayPresident and CEO
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Juan P. TardioVP and CFO