Helmerich and Payne Inc (HP) Fair Value & Analysis
Energy · US · Market cap $3.4B · ISIN US4234521015
What is Helmerich and Payne Inc really worth?
Helmerich and Payne Inc
HP · US
Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.
Below-average quality, and trading another 415% above our fair value of $9.25.
Strengths
Risks
For context
Fair value as of: Sep 1, 2026
From 13 valuation models · updated 4 days ago
Share price +39.5% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price sits above even our optimistic bull case ($18.32). The favourable scenario is already priced in.
- Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
- A fairly wide model range ($9.25 to $18.32) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 1, 2026.
How to read this chart
60‑month range $14.61 – $47.64 · fair‑value band $9.25 – $18.32 · the $47.64 price screens above the $9.25 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 1, 2026.
Analysis
Helmerich and Payne Inc (HP) currently trades at $47.64, while our model-based Fair Value estimate is $9.25, implying the stock looks roughly 414.9% overvalued today. The Quality Score stands at 40/100 (below-average quality), in the Energy sector. Bull case: the Asset-Based group reads highest at a median of $18.27 per share, and 0 of the 13 models we run sit above the $47.64 price. Bear case: the Growth DCF group reads lowest at $4.49, and 13 of the 13 models stay below the price. Evidence for this calculation is low.
Over the trailing twelve months, Helmerich and Payne Inc generated revenue of $4.0B at a net margin of −9.4%. Revenue declined 8.2% year over year. It earns a return on equity of −13.0%. Net debt stands at $2.1B. Fundamentals as of Sep 1, 2026
Our scenario range runs from $9.25 (bear case) to $18.32 (bull case); at $47.64, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 228% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at −44% fair-value upside, at −81%, HP screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 13 models by family
Widest divergence: Asset-Based ($18.27) versus Growth DCF ($4.49). Highest evidence: FCF DCF (77).
Notify me when HP reaches fair value
Put HP on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Sep 1, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 41 · Market factors (momentum, volatility) 84
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates through North America Solutions, Offshore Solutions, and International Solutions segments. The North America Solutions segment conducts operations primarily in Texas.
Full company description
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates through North America Solutions, Offshore Solutions, and International Solutions segments. The North America Solutions segment conducts operations primarily in Texas. The Offshore Solutions segment has drilling operations in Louisiana and in U.S. federal waters the North Sea and Norwegian Sea off the coast of Norway, Caspian Sea and other international waters. The International Solutions segment conducts drilling operations in Saudi Arabia, Argentina, Bahrain, Oman, Germany, and Kuwait. The company focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. It also owns and operates commercial real estate properties. In addition, the company's real estate investments include a shopping center. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Helmerich and Payne Inc reported revenue of $3.7B in FY2025 versus $1.2B in FY2021, a compound +32.4%/yr. Reported net income was −$165M in FY2025.
of which total revenue −2.2 % · buybacks/dilution +0.8 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
HP screens 415% overvalued. Compare with Noble Corporation →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Helmerich & Payne Q3 Earnings Miss Estimates, Revenues Beat
- Is HP Attractive as Low Valuation Meets Persistent Earnings Pressure?
- 5 Must-Read Analyst Questions From Helmerich & Payne’s Q2 Earnings Call
- Helmerich & Payne, Range Resources, Valaris, Liberty Energy, and Seadrill Stocks Trade Up, What You Need To Know
Peer Group
Oil & Gas Drilling · 34 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Oil & Gas Drilling median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Insider activity: 46/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Oil & Gas Drilling stocks, each showing price versus our Fair Value estimate (as of Sep 1, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Noble Corporation NE | $45.76 | $23.09 | −50% |
| Sinopec Oilfield Service Corporation 600871 | ¥2.22 | ¥0.4900 | −78% |
| Transocean Ltd RIG | $5.70 | $2.16 | −62% |
| Valaris Limited VAL | $85.21 | $58.91 | −31% |
| Patterson-UTI Energy, Inc PTEN | $12.13 | $12.20 | +1% |
| Seadrill Limited SDRL | $46.72 | $10.17 | −78% |
| Odfjell Drilling Ltd ODL | kr 95.30 | kr 53.75 | −44% |
| Arabian Drilling Company 2381 | 88.90 SAR | 11.09 SAR | −88% |
| Borr Drilling Limited BORR | kr 41.63 | kr 26.64 | −36% |
| Nabors Industries Ltd NBR | $91.71 | $209.14 | +128% |
Compare Helmerich and Payne Inc with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Energy stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Helmerich and Payne Inc (HP) overvalued or undervalued?
What is the fair value of HP?
What is the quality score of HP?
What is the revenue of Helmerich and Payne Inc (HP)?
What is the net profit margin of HP?
Does Helmerich and Payne Inc pay a dividend?
Watch Helmerich and Payne Inc in the live analysis
One click puts Helmerich and Payne Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.