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Helmerich & Payne, Inc. (HP)

50.28 Down 1.04(2.03%) Feb 5, 4:02PM EST
|After Hours : 50.28 0.00 (0.00%) Feb 5, 5:19PM EST
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Helmerich & Payne, Inc.
1437 South Boulder Avenue
Suite 1400
Tulsa, OK 74119
United States - Map
Phone: 918-742-5531

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:6,727

Business Summary 

Helmerich & Payne, Inc. engages in the contract drilling of oil and gas wells. It provides drilling rigs, equipment, personnel, and camps on a contract basis to explore for and develop oil and gas from onshore areas and from fixed platforms, tension-leg platforms, and spars in offshore areas. The company operates through three segments: U.S. Land, Offshore, and International Land. The U.S. Land segment drills primarily in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Pennsylvania, Ohio, Utah, New Mexico, Montana, North Dakota, West Virginia, and Nevada. The Offshore segment has drilling operations in the Gulf of Mexico and Equatorial Guinea. The International Land segment conducts drilling operations in Ecuador, Colombia, Argentina, Bahrain, the United Arab Emirates, and Mozambique. As of November 12, 2015, the company operated a fleet of 344 land rigs in the United States; 38 international land rigs; and 9 offshore platform rigs. The company also owns, develops, and operates commercial real estate properties; and researches and develops rotary steerable technology. Its real estate investments include a shopping center comprising approximately 441,000 leasable square feet; multi-tenant industrial warehouse properties covering approximately one million leasable square feet; and approximately 210 acres of undeveloped real estate located in Tulsa, Oklahoma. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.

Key Statistics

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Corporate Governance 
Helmerich & Payne, Inc.’s ISS Governance QuickScore as of Feb 1, 2016 is 9. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 10; Compensation: 5.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Hans Christian Helmerich III, 57
Chairman of The Board and Consultant
Mr. John W. Lindsay , 55
Chief Exec. Officer, Pres and Director
Mr. Juan Pablo Tardio , 51
Chief Financial Officer and VP
Mr. John R. Bell , 46
VP of Corp. Services
Mr. Robert L. Stauder , 53
Sr. VP of Helmerich & Payne International Drilling Co and Chief Engineer of Helmerich & Payne International Drilling Co
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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