HP - Helmerich & Payne, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

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 Employees8,118

Key Executives

NameTitlePayExercisedAge
Mr. Hans Christian Helmerich IIIChairman & Consultant539.24k13.09M58
Mr. John W. LindsayPres, CEO & Director1.5M1.38M56
Mr. Juan Pablo TardioVP & CFO693.82kN/A52
Ms. Cara M. HairVP of Corp. Services & Chief Legal Officer419.14kN/A41
Mr. Robert L. StauderSr. VP & Chief Engineer of Helmerich & Payne International Drilling Co695.96kN/A54
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. In addition, it offers Bit Guidance System that uses cognitive computing to guide the directional drilling process. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.

Corporate Governance

Helmerich & Payne, Inc.’s ISS Governance QualityScore as of December 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.