U.S. Markets open in 48 mins.

Helmerich & Payne, Inc. (HP)


NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
56.01-1.48 (-2.57%)
At close: 4:01PM EDT

55.84 -0.17 (-0.30%)
Pre-Market: 8:23AM EDT

People also watch
NBRPTENESVRDCDO

Helmerich & Payne, Inc.

1437 South Boulder Avenue
Suite 1400
Tulsa, OK 74119
United States
918-742-5531
http://www.hpinc.com

SectorBasic Materials
IndustryOil & Gas Drilling & Exploration
Full Time Employees4,835

Key Executives

NameTitlePayExercisedAge
Mr. Hans Christian Helmerich IIIChairman of The Board and Consultant539.24k13.09M58
Mr. John W. LindsayChief Exec. Officer, Pres and Director1.5M1.38M56
Mr. Juan Pablo TardioChief Financial Officer and VP693.82kN/A52
Ms. Cara M. HairChief Compliance Officer, VP and Gen. Counsel419.14kN/A41
Mr. John R. BellVP of Corp. Services507.67k355.06k47
Amounts are as of December 31, 2016 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.

Description

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, New Mexico, and North Dakota. 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, and the United Arab Emirates. As of September 30, 2016, the company operated a fleet of 348 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.

Corporate Governance

Helmerich & Payne, Inc.’s ISS Governance QualityScore as of May 1, 2017 is 8. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.