The market capitalization for Helmerich & Payne, Inc. (HP) is $3.96 Billion, making it a Mid Cap company. Market cap is calculated by multiplying the current stock price by the total number of shares outstanding.
Market Capitalization
$3.96B
$3.96 Billion
Calculation
- Stock Price
- $39.37
- Shares Outstanding
- 100.59M
- Market Cap
- $3.96B
Market Cap = Price × Shares Outstanding
Size Classification
Mid Cap
$2B - $10B
Companies with market capitalization between $2 billion and $10 billion.
Market Cap Size Scale
Micro Cap
<$250M
Small Cap
$250M-$2B
Mid Cap
$2B-$10B
Large Cap
$10B-$1T
Mega Cap
>$1T
Related Valuation Metrics
Key Statistics
| Market Cap | $3.96 Billion |
| Stock Price | $39.37 |
| Shares Outstanding | 100.59M |
| Size Category | Mid Cap |
| P/E Ratio | N/A |
| P/B Ratio | 1.55 |
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