U.S. Markets closed

How Does Helmerich & Payne Compare to Its Peers?

Gabriel Kane

Helmerich & Payne’s Revenue and Income Fell in Fiscal 4Q15

(Continued from Prior Part)

Helmerich & Payne and its peers

In this article, we’ll compare Helmerich & Payne with its peers:

  • The PBV (price-to-book value) ratios of Helmerich & Payne, Transocean (RIG), Noble Corporation (NE), and Nabors Industries (NBR) are 1.2x, 0.38x, 0.46x, and 0.58x, respectively.

  • The PE (price-to-earnings) ratios of Helmerich & Payne (HP) and Noble Corporation (NE) are 9.5x and 38.3x, respectively.

Thus, Helmerich & Payne has outperformed its peers based on PBV ratio.

ETFs that invest in Helmerich & Payne

The PowerShares Dynamic Oil & Gas Services Sector Portfolio ETF (PXJ) invests 5.0% of its holdings in Helmerich & Payne. The ETF tracks a tiered index of companies in the oil and gas services sector. The index uses a multifactor method to select holdings.

The Market Vectors Oil Services ETF (OIH) invests 4.6% of its holdings in Helmerich & Payne. The ETF tracks an index of 25 of the largest US-listed, publicly traded oil services companies.

The iShares US Oil Equipment & Services ETF (IEZ) invests 3.4% of its holdings in Helmerich & Payne. The ETF tracks a market cap–weighted index of companies that are suppliers of equipment or services to oilfields and offshore platforms.

Comparing Helmerich & Payne and its ETFs

Now let’s compare Helmerich & Payne with the ETFs that invest in it:

  • The YTD (year-to-date) price movements of Helmerich & Payne, PXJ, OIH, and IEZ are -17.3%, -18.7%, -12.9%, and -15.5%, respectively.
  • The PBV ratios of Helmerich & Payne, PXJ, OIH, and IEZ are 1.2x, 0.81x, 0.97x, and 0.92x, respectively.

According to the above findings, these ETFs have mostly outperformed Helmerich & Payne based on price movement. However, Helmerich & Payne is ahead of these ETFs based on PBV ratio.

Browse this series on Market Realist: