Helmerich & Payne (NYSE:HP – Get Free Report) is anticipated to issue its Q2 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $945.5980 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, May 7, 2026 at 11:00 AM ET.
Helmerich & Payne (NYSE:HP – Get Free Report) last announced its earnings results on Wednesday, February 4th. The oil and gas company reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.12 by ($0.27). The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $990.16 million. Helmerich & Payne had a positive return on equity of 0.28% and a negative net margin of 7.71%.The business’s revenue was up 50.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.71 EPS. On average, analysts expect Helmerich & Payne to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Helmerich & Payne Stock Performance
NYSE HP opened at $40.45 on Monday. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.03 and a quick ratio of 1.58. The firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of -12.68 and a beta of 0.62. The company’s fifty day moving average is $35.66 and its two-hundred day moving average is $31.64. Helmerich & Payne has a 52-week low of $14.65 and a 52-week high of $41.14.
Helmerich & Payne Announces Dividend
Insider Buying and Selling at Helmerich & Payne
In other news, SVP Cara M. Hair sold 58,771 shares of Helmerich & Payne stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $36.62, for a total transaction of $2,152,194.02. Following the sale, the senior vice president directly owned 175,589 shares in the company, valued at approximately $6,430,069.18. The trade was a 25.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 4.40% of the company’s stock.
Institutional Trading of Helmerich & Payne
Several institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its position in shares of Helmerich & Payne by 3.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,165,265 shares of the oil and gas company’s stock valued at $148,141,000 after acquiring an additional 194,935 shares in the last quarter. State Street Corp boosted its position in shares of Helmerich & Payne by 0.8% during the 4th quarter. State Street Corp now owns 4,222,536 shares of the oil and gas company’s stock valued at $121,102,000 after acquiring an additional 33,193 shares in the last quarter. Invesco Ltd. boosted its position in shares of Helmerich & Payne by 15.5% during the 4th quarter. Invesco Ltd. now owns 3,468,526 shares of the oil and gas company’s stock valued at $99,477,000 after acquiring an additional 465,440 shares in the last quarter. Balyasny Asset Management L.P. boosted its position in shares of Helmerich & Payne by 4.3% during the 3rd quarter. Balyasny Asset Management L.P. now owns 2,132,265 shares of the oil and gas company’s stock valued at $47,102,000 after acquiring an additional 87,882 shares in the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of Helmerich & Payne by 20.7% during the 4th quarter. Van ECK Associates Corp now owns 1,871,300 shares of the oil and gas company’s stock valued at $53,669,000 after acquiring an additional 321,021 shares in the last quarter. 96.05% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Helmerich & Payne in a research report on Friday, March 27th. Evercore upgraded shares of Helmerich & Payne from an “in-line” rating to an “outperform” rating and set a $43.00 price target on the stock in a research report on Friday, March 20th. Royal Bank Of Canada raised their price target on shares of Helmerich & Payne from $34.00 to $36.00 and gave the stock a “sector perform” rating in a research report on Friday, February 6th. TD Cowen raised their price target on shares of Helmerich & Payne from $35.00 to $38.00 and gave the stock a “hold” rating in a research report on Monday, February 9th. Finally, Morgan Stanley raised their price target on shares of Helmerich & Payne from $30.00 to $35.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 15th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Helmerich & Payne has an average rating of “Hold” and an average price target of $37.80.
Read Our Latest Stock Report on HP
Helmerich & Payne Company Profile
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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