HP Stock Summary and Trading Ideas (Helmerich & Payne | NYSE:HP)

Helmerich & Payne Inc provides performance-driven drilling solutions and technologies to make hydrocarbon recovery safer and more economical for oil and gas exploration and production companies. Focusing on the drilling segment, its technology services develop and commercialize solutions that improve drilling efficiency, accuracy, and wellbore quality and placement. The company operates through North America Solutions, International Solutions, and Offshore Solutions segments. The North America segment runs a technologically advanced AC drive drilling rig fleet in the U.S., with a presence in shale and unconventional basins, while the Offshore Solutions segment, operating rigs on fixed-leg and floating platforms, generates the majority of revenue.

Helmerich & Payne trades on the NYSE stock market under the symbol HP.

As of August 26, 2026, HP stock price declined to $41.40 with 1,200,157 million shares trading.

HP has a beta of 0.25, meaning it tends to be less sensitive to market movements. HP has a correlation of 0.01 to the broad based SPY ETF.

HP has a market cap of $4.14 billion. This is considered a Mid Cap stock.

Last quarter Helmerich & Payne reported $1 billion in Revenue and -$.11 earnings per share. This beat revenue expectation by $49 million and missed earnings estimates by -$.21.

In the last 3 years, HP traded as high as $46.55 and as low as $14.65.

The top ETF exchange traded funds that HP belongs to (by Net Assets): IJR, AVUV, IWM, VTI, VB.

HP has outperformed the market in the last year with a return of +125.9%, while the SPY ETF gained +20.4%. In the last 3 month period, HP beat the market returning +4.4%, while SPY returned +3.0%. However, in the most recent 2 weeks HP has underperformed the stock market by returning -2.1%, while SPY returned -0.6%.

HP support price is $41.03 and resistance is $43.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HP shares will trade within this expected range on the day.