Helmerich and Payne Inc
NYSE:HP

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Helmerich and Payne Inc Logo
Helmerich and Payne Inc
NYSE:HP
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Price: 30.5 USD 0.16% Market Closed
Market Cap: 3B USD
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Gross Margin
Helmerich and Payne Inc

40.9%
Current
34%
Average
36.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
40.9%
=
Gross Profit
1.1B
/
Revenue
2.8B

Gross Margin Across Competitors

Country US
Market Cap 3B USD
Gross Margin
41%
Country CN
Market Cap 43.1B CNY
Gross Margin
16%
Country SA
Market Cap 21.7B SAR
Gross Margin
39%
Country US
Market Cap 4.7B USD
Gross Margin
41%
Country US
Market Cap 31.4B DKK
Gross Margin
41%
Country CH
Market Cap 3B USD
Gross Margin
34%
Country US
Market Cap 2.9B USD
Gross Margin
28%
Country BM
Market Cap 2.9B USD
Gross Margin
0%
Country SA
Market Cap 10.8B SAR
Gross Margin
23%
Country BM
Market Cap 2.5B USD
Gross Margin
37%
Country DK
Market Cap 1.9B EUR
Gross Margin
30%
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Helmerich and Payne Inc
Glance View

Market Cap
3B USD
Industry
N/A

Helmerich & Payne Inc. (H&P) is a prominent player in the oil and gas drilling industry, embodying an evolution story that mirrors the trajectory of energy exploration itself. Established amidst the burgeoning oil fields in 1920, the company carved its niche by continuously innovating its drilling technology, thereby becoming a cornerstone for the upstream sector. Headquartered in Tulsa, Oklahoma, this drilling giant navigates the cyclical nature of the oil business with a focus on providing high-performance rigs, often custom-designed to meet specific geological needs, whether onshore or offshore. By pioneering automation and digital technologies in drilling operations, H&P enhances the efficiency and safety of its rigs, which are the company's primary revenue-generating assets. Each drill is a technological marvel, integrating cutting-edge software solutions that optimize the drilling process, minimize downtime, and, consequently, lower costs for their clients. Financially, H&P thrives on long-term contracts with some of the most significant players in the energy sector. The company's revenue streams are principally anchored in leasing its advanced drilling rigs and associated services to oil and gas exploration and production companies worldwide. Its FlexRig® technology, which allows for faster drilling with greater precision, stands out as a key competitive advantage, enabling H&P to secure a robust clientele. In addition to lease payments, H&P capitalizes on service agreements that support clients with maintenance, crew training, and operational efficiency enhancements. By aligning its interests with those of its clients—maximizing resource extraction while minimizing environmental impact—H&P remains at the forefront of the drilling industry, adeptly steering through the ebb and flow of energy demand and global economic shifts.

HP Intrinsic Value
54.58 USD
Undervaluation 44%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
40.9%
=
Gross Profit
1.1B
/
Revenue
2.8B
What is the Gross Margin of Helmerich and Payne Inc?

Based on Helmerich and Payne Inc's most recent financial statements, the company has Gross Margin of 40.9%.