Helmerich & Payne, Inc. (HP) Stock Forecast Oct. 14, 2026
Analysis updated on Oct. 14, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Helmerich & Payne, Inc. (HP) stock forecast summary
On Oct. 14, 2026, HP is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 4004 stocks scored that day.
Helmerich & Payne, Inc. is a mid-cap company with a market capitalization of $3.91B. It ranks number 4 by market capitalization among the 11 Drilling Oil & Gas Wells issuers in our coverage with a current forecast.
A per-ticker accuracy statistic for HP is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.2%, buy ≥ +0.5%, sell < -0.6%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-14 signals)
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How HP ranks among 4004 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Helmerich & Payne, Inc. (HP) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Drilling Oil & Gas Wells peers listed below that report each metric.
Reported net income does not reconcile with earnings per share and the share count, so net-income-based ratios are withheld.
Valuation & Market
| Metric | HP | Rank |
|---|---|---|
| Market Cap | $3.91B | 4/11 |
| P/B Ratio | 1.52x | 4/9 |
| Dividend Yield | 2.59% | – |
| EPS | $0.13 | – |
| Book Value/Share | $25.76 | – |
| Revenue/Share | $39.98 | – |
| FCF/Share | $3.15 | – |
Profitability & Margins
| Metric | HP | Rank |
|---|---|---|
| ROIC | 1.7% | 6/8 |
| Gross Margin | 21.5% | – |
| Operating Margin | 2.3% | 6/8 |
| EBT Margin | -1.1% | 4/8 |
| Tax Rate | -206.9% | – |
The effective tax rate is outside the normal band, which points to a large non-recurring tax item in the trailing twelve months; headline net income, net margin and P/E are affected by it.
Financial Health
| Metric | HP | Rank |
|---|---|---|
| Current Ratio | 1.96x | 4/9 |
| Quick Ratio | 1.55x | – |
| D/E Ratio | 1.40x | 3/9 |
| Financial Leverage | 2.44x | 3/9 |
| Interest Coverage | 2.3x | 1/7 |
| Working Capital | $770M | 1/9 |
Cash Flow
| Metric | HP | Rank |
|---|---|---|
| Operating Cash Flow | $580M | 4/8 |
| Free Cash Flow | $315M | 2/5 |
| Capital Spending | -$264M | 2/5 |
| OCF Growth YoY | 14.8% | 4/8 |
| FCF Growth YoY | 762.7% | – |
| FCF/Sales | 7.9% | 2/5 |
| CapEx/Sales | 6.6% | 4/5 |
Operational Efficiency
| Metric | HP | Rank |
|---|---|---|
| Asset Turnover | 0.64x | 3/7 |
| Receivables Turnover | 4.6x | 7/7 |
| Inventory Turnover | 9.6x | – |
| Fixed Assets Turnover | 1.0x | 4/6 |
| Days Sales Outstanding | 79 days | 1/7 |
| Days Inventory | 38 days | – |
| Payables Period | 24 days | – |
| Cash Conversion Cycle | 93 days | – |
Income Statement
| Metric | HP | Rank |
|---|---|---|
| Total Revenue | $4.00B | 3/7 |
| Operating Income | $90M | 6/8 |
| R&D Expense | $27M | – |
| SG&A Expense | $285M | – |
| Cost of Goods Sold | $3.13B | – |
Dividend & Shareholder Information
| Metric | HP | Rank |
|---|---|---|
| Dividends Per Share | $1.01 | – |
| Payout Ratio | 776.9% | – |
| Shares Outstanding | 100M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $1.57B | 25.0% of assets |
| Cash & Short-term Investments | $204M | 3.3% of assets |
| Accounts Receivable | $869M | 13.8% of assets |
| Inventory | $326M | 5.2% of assets |
| Total Liabilities | $3.62B | 57.5% of assets |
| Short-term Debt | $593M | 9.4% of assets |
HP quarterly financials and insider trading
Helmerich & Payne, Inc. (HP) industry peers
Companies classified under the same SEC industry code as Helmerich & Payne, Inc. (Drilling Oil & Gas Wells): 11 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| HP Helmerich & Payne, Inc. | ▶ | $3.91B |
| RIG Transocean Ltd. | ▶ | $6.31B |
| VAL Valaris Ltd | ▼ | $5.94B |
| PTEN Patterson Uti Energy Inc | ▶ | $4.39B |
| BTE Baytex Energy Corp. | ▶ | $3.84B |
| SDRL Seadrill Ltd | ▼ | $3.06B |
| BORR Borr Drilling Ltd | ▲ | $1.48B |
| NBR Nabors Industries Ltd | ▲ | $1.28B |
| HPK Highpeak Energy, Inc. | ▲ | $1.28B |
| PDS Precision Drilling Corp | ▶ | $1.10B |
| GLND Greenland Energy Co | ▼ | $97M |
Where HP sits on the market map
Helmerich & Payne, Inc. (HP) stock news
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Helmerich & Payne, Inc. (HP) stock forecast FAQ
What is the Helmerich & Payne, Inc. (HP) stock forecast?
On Oct. 14, 2026, HP is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 4004 stocks scored that day.
How accurate are Helmerich & Payne, Inc. stock predictions?
A per-ticker accuracy statistic for HP is published only once its sample size is known. Across our coverage, the out-of-sample test on 4537 stocks from 2025-01-06 to 2026-06-09 produced a positive net return in 73.7% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Helmerich & Payne, Inc. forecasts updated?
Helmerich & Payne, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 14, 2026.
Which companies are Helmerich & Payne, Inc.'s industry peers?
11 issuers in our coverage, HP included, share the SEC industry code Drilling Oil & Gas Wells. The largest are: Transocean Ltd. (RIG), Valaris Ltd (VAL), Patterson Uti Energy Inc (PTEN), Baytex Energy Corp. (BTE), Seadrill Ltd (SDRL), Borr Drilling Ltd (BORR).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.