Helmerich & Payne, Inc. (HP) Enterprise Value (EV): $4.29B
The enterprise value (EV) for Helmerich & Payne, Inc. (HP) is $4.29B as of Wednesday, June 10, 2026.
HP Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$4.29B
HP Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Helmerich & Payne, Inc. (HP) | — | $4.29B |
| Antero Midstream Corporation (AM) | $10.32B | $11.54B |
| Occidental Petroleum Corporation (OXY) | $56.25B | $62.08B |
| Phillips 66 (PSX) | $71.77B | $74.16B |
| EOG Resources, Inc. (EOG) | $73.15B | $61.64B |
| Valero Energy Corporation (VLO) | $75.36B | $57.32B |
| Marathon Petroleum Corporation (MPC) | $75.36B | $80.29B |
| SLB N.V. (SLB) | $83.50B | $65.73B |
| ConocoPhillips (COP) | $142.28B | $134.15B |
| Chevron Corporation (CVX) | $371.97B | $322.08B |
Enterprise Value Calculation
Market Cap
$3.79B
Total Debt
$2.17B
Cash
$224.26M
Enterprise Value
$4.29B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Helmerich & Payne, Inc. Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Helmerich & Payne, Inc. Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Helmerich & Payne, Inc. (HP)?
- The enterprise value (EV) for HP stock is $4.29B.
Related Metrics
About Helmerich & Payne, Inc.
Helmerich & Payne, Inc., along with its affiliated companies, provides specialized drilling services and innovative solutions to businesses involved in the exploration and production of oil and gas. The company's operations are strategically organized into three distinct divisions: North America Solutions, Offshore Gulf of Mexico, and International Solutions. Within the North America Solutions segment, primary drilling activities are conducted across a broad geographical area, encompassing U.S. states such as Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. This division also actively pursues the development, promotion, and commercialization of advanced technologies designed to enhance drilling efficiency, wellbore quality, and accurate placement. The Offshore Gulf of Mexico segment focuses its drilling endeavors in Louisiana and within the federal waters of the U.S. Gulf of Mexico. Internationally, the Solutions segment manages drilling projects in various countries, including Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, Helmerich & Payne commanded a substantial fleet, featuring 236 land rigs situated in North America, 30 land rigs operating internationally, and 7 offshore platform rigs. Beyond its core drilling operations, the company also maintains an interest in commercial real estate. Its property portfolio in Tulsa, Oklahoma, comprises a shopping center offering approximately 390,000 square feet of leasable space, alongside about 176 acres of undeveloped land. Helmerich & Payne, Inc. was founded in 1920 and continues to maintain its corporate headquarters in Tulsa, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- CEO
- Raymond John Adams