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Helmerich & Payne Inc. (HP)On Nov 9: 39.27   0.00 (0.00%)  
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Helmerich & Payne Inc.
1437 S Boulder Avenue
Suite 1400
Tulsa, OK 74119
United States - Map
Phone: 918-742-5531
Fax: 918-742-0237
Web Site: http://www.hpinc.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:7,356

BUSINESS SUMMARY 
Helmerich & Payne, Inc. engages in the contract drilling of oil and gas wells in the United States and internationally. The company 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. It conducts domestic land drilling primarily in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Alabama, Utah, Arkansas, New Mexico, and North Dakota, and offshore drilling from platforms in the Gulf of Mexico, California, Trinidad, and Equatorial Guinea. As of September 30, 2008, the company had 185 land drilling rigs in the United States; 8 offshore platform rigs; and international land rigs, including 11 in Venezuela, 4 in Ecuador, 5 in Argentina, 5 in Colombia, and 1 in Tunisia. In addition, Helmerich & Payne engages in the ownership, development, and operation of real estate, principally commercial properties, in Tulsa, Oklahoma. Its property portfolio includes a shopping center and a multi-tenant warehouse space. The company was founded in 1920 and is based in Tulsa, Oklahoma.
Key Statistics

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    CORPORATE GOVERNANCE 
    Helmerich & Payne Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 17.9% of S&P 400 companies and 56% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Hans Helmerich , 50
    Chief Exec. Officer, Pres
    $ 1.71M $ 14.18M
    Mr. Douglas E. Fears , 60
    Chief Financial Officer and Exec. VP of Fin.
    $ 768.00K $ 4.46M
    Mr. Steven R. Mackey , 58
    Exec. VP, Sec. and Gen. Counsel
    $ 729.00K $ 3.46M
    Mr. John Lindsay , 49
    Exec. VP of U S & International Operations -Helmerich & Payne International Drilling Co
    $ 916.00K $ 1.37M
    Mr. Alan Orr , 58
    Exec. VP of Engineering & Devel. -Helmerich & Payne International Drilling Co
    $ 869.00K $ 5.17M
    Dollar amounts are as of 31-Dec-08 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.
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