Helmerich & Payne, Inc.
- HP · NYSE
- Drilling Oil & Gas Wells
- Tulsa, OK
- 15,700 employees
- CIK 0000046765
Updated from SEC filings through
Top things to know
Executives
- Raymond John "Trey" Adams III President and Chief Executive Officer 8-K, 2026-09-22
- John W. Lindsay Chief Executive Officer 4, 2026-01-14
- Todd Scruggs Senior Vice President and Chief Financial Officer 8-K, 2026-09-22
- Todd N. Scruggs SVP, CFO 4, 2026-08-03
- J. Kevin Vann SENIOR VP AND CFO 4, 2025-12-12
- Raymond John Adams III President 4, 2026-01-14
What leadership is saying
“I am very proud of the performance of our teams during fiscal 2026, with strong performance through year end”
Earnings press release (8-K Ex. 99.1), filed October 7, 2026
Helmerich & Payne, Inc. is a U.S. public company in drilling oil & gas wells (SIC 1381), headquartered in Tulsa, OK. It trades as HP on NYSE. Revenue was $3.7B in the fiscal year ending September 30, 2025, +35.9% from the year before. It reported about 15,700 employees. Raymond John "Trey" Adams III is President and Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $3.7B 10-K, 2025-11-21 | $2.8B 10-K, 2025-11-21 | $2.9B 10-K, 2025-11-21 | $2.1B 10-K, 2024-11-13 | $1.2B 10-K, 2023-11-08 |
| Operating income | $3.3M 10-K, 2025-11-21 | $457M 10-K, 2025-11-21 | $568M 10-K, 2025-11-21 | $45.3M 10-K, 2024-11-13 | -$429M 10-K, 2023-11-08 |
| SG&A | $287M 10-K, 2025-11-21 | $245M 10-K, 2025-11-21 | $207M 10-K, 2025-11-21 | $182M 10-K, 2024-11-13 | $172M 10-K, 2023-11-08 |
| Net income | -$164M 10-K, 2025-11-21 | $344M 10-K, 2025-11-21 | $434M 10-K, 2025-11-21 | $7.0M 10-K, 2024-11-13 | -$326M 10-K, 2023-11-08 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Raymond John "Trey" Adams III | President and Chief Executive Officer | 8-K, 2026-09-22 |
| John W. Lindsay CEO at H&P | Chief Executive Officer | 4, 2026-01-14 |
| Todd Scruggs | Senior Vice President and Chief Financial Officer | 8-K, 2026-09-22 |
| Todd N. Scruggs | SVP, CFO | 4, 2026-08-03 |
| J. Kevin Vann | SENIOR VP AND CFO | 4, 2025-12-12 |
| MICHAEL P. LENNOX | Named in proxy bio: Executive Vice President of Western Hemisphere Land | DEF 14A, 2026-01-22 |
| Raymond John Adams III | President | 4, 2026-01-14 |
| Sara M. Momper | Vice President and Chief Accounting Officer | 10-K, 2025-11-21 |
| Michael Lennox | EVP, WESTERN HEMISPHERE LAND | 4, 2026-09-02 |
| Cara M. Hair | SVP, CORP. SERVICES & CLO | 4, 2026-08-18 |
| Sara Marie Momper | VP, CAO | 4, 2026-08-18 |
| John R. Bell Executive Vice President, Eastern Hemisphere at Helmerich & Payne | EVP, EASTERN HEMISPHERE LAND | 4, 2026-01-14 |
| Hans Helmerich Chairman at Helmerich & Payne, Inc. | Director and Chairman of the Board | 10-K, 2025-11-21 |
| Belgacem Chariag | Director | 10-K, 2025-11-21 |
| Donald F. Robillard, Jr. | Director | 10-K, 2025-11-21 |
| Elizabeth Killinger | Director | 10-K, 2025-11-21 |
What Helmerich & Payne, Inc. does
Helmerich & Payne, Inc. ("H&P," which, together with its subsidiaries, is identified as the “Company,” “we,” “us” or “our,” except where stated or the context requires otherwise) was incorporated under the laws of the State of Delaware on February 3, 1940 and is successor to a business originally organized in 1920. We provide 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.
Item 1. Business, 10-K for the year ending September 30, 2025
Shares and governance
| Shares outstanding | 99.9 million (as of July 30, 2026) | 10-Q, August 6, 2026 |
|---|---|---|
| Public float | $2.6B (as of March 31, 2025) | 10-K, November 21, 2025 |
| Reportable segments | 3 (period ending September 30, 2018) | 10-K, November 16, 2018 |
| Latest proxy statement | Meeting March 4, 2026 (filed January 22, 2026) | DEF 14A, January 22, 2026 |
| Auditor | Ernst & Young LLP (Tulsa, Oklahoma) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 1, 2026 | Michael Lennox EVP, WESTERN HEMISPHERE LAND | Sale | 10,000 | $450K | Form 4, September 2, 2026 |
| August 20, 2026 | Hans Helmerich Director | Sale | 94,470 | $4.1M | Form 4, August 24, 2026 |
| August 17, 2026 | Cara M. Hair SVP, CORP. SERVICES & CLO | Sale | 11,149 | $494K | Form 4, August 18, 2026 |
| August 14, 2026 | Sara Marie Momper VP, CAO | Sale | 5,054 | $224K | Form 4, August 18, 2026 |
| August 10, 2026 | Michael Lennox EVP, WESTERN HEMISPHERE LAND | Sale | 5,000 | $200K | Form 4, August 12, 2026 |
| July 22, 2026 | Michael Lennox EVP, WESTERN HEMISPHERE LAND | Sale | 5,000 | $175K | Form 4, July 24, 2026 |
| May 18, 2026 | Cara M. Hair SVP, CORP. SERVICES & CLO | Sale | 28,345 | $1.2M | Form 4, May 19, 2026 |
| March 19, 2026 | Cara M. Hair SVP, CORP. SERVICES & CLO | Sale | 58,771 | $2.2M | Form 4, March 23, 2026 |
Recent 8-K events
- 8-K filed 2026-10-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-22
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-09-16
- Item 8.01 Other events
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-03
- Item 8.01 Other events
- 8-K filed 2026-05-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-16
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-03-06
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-03-04
- Item 8.01 Other events
- 8-K filed 2026-02-04
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Helmerich & Payne, Inc.
- What does Helmerich & Payne, Inc. do?
- In its own words, from Item 1 of its 10-K: "Helmerich & Payne, Inc. ("H&P," which, together with its subsidiaries, is identified as the “Company,” “we,” “us” or “our,” except where stated or the context requires otherwise) was incorporated under the laws of the State of Delaware on February 3, 1940 and is successor to a business originally organized in 1920. We provide 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."
- What is Helmerich & Payne, Inc.'s revenue?
- $3.7B for the fiscal year ending September 30, 2025, from its 10-K filed November 21, 2025.
- Is Helmerich & Payne, Inc. profitable?
- Helmerich & Payne, Inc. reported net income of -$164M for the fiscal year ending September 30, 2025.
- How many employees does Helmerich & Payne, Inc. have?
- About 15,700, as stated in its annual report.
- Who is the CEO of Helmerich & Payne, Inc.?
- Raymond John "Trey" Adams III, President and Chief Executive Officer, as named in a 8-K filed September 22, 2026.
- Who is the CFO of Helmerich & Payne, Inc.?
- Todd Scruggs, Senior Vice President and Chief Financial Officer, as named in a 8-K filed September 22, 2026.
- Where is Helmerich & Payne, Inc. headquartered?
- Tulsa, OK.
- What is Helmerich & Payne, Inc.'s stock ticker?
- HP on NYSE.
- What industry is Helmerich & Payne, Inc. in?
- Drilling Oil & Gas Wells, SIC code 1381.
- What is Helmerich & Payne, Inc.'s website?
- helmerichpayne.com.
- When does Helmerich & Payne, Inc. report earnings next?
- November 18, 2026 at 16:30. Source: pg_future_events.
- Is Helmerich & Payne, Inc. a public company?
- Yes. Helmerich & Payne, Inc. files with the SEC under CIK 0000046765 and trades as HP.
- Who audits Helmerich & Payne, Inc.?
- Ernst & Young LLP, Tulsa, Oklahoma, as named in its latest annual report (10-K).
- How many shares of Helmerich & Payne, Inc. are outstanding?
- 99.9 million shares as of July 30, 2026, from its 10-Q filed August 6, 2026.
- What is Helmerich & Payne, Inc.'s public float?
- $2.6B as of March 31, 2025, as reported on the cover of its 10-K filed November 21, 2025.
- How many business segments does Helmerich & Payne, Inc. report?
- 3 reportable segments for the period ending September 30, 2018, from its 10-K filed November 16, 2018.
- When is Helmerich & Payne, Inc.'s annual shareholder meeting?
- March 4, 2026, per its proxy statement (DEF 14A) filed January 22, 2026.
- Have Helmerich & Payne, Inc. insiders traded stock recently?
- Since August 18, 2025, officers and directors reported 11 open-market sales worth about $11.4M and 0 purchases on Forms 4 and 5. The most recent: Michael Lennox (EVP, WESTERN HEMISPHERE LAND) sold 10,000 shares on September 1, 2026.