Helmerich & Payne (HP) Competitors

$38.49
+0.28 (+0.73%)
(As of 05/17/2024 ET)

HP vs. PTEN, RIG, VAL, HPK, PDS, LBRT, CNX, NOG, WHD, and PAGP

Should you be buying Helmerich & Payne stock or one of its competitors? The main competitors of Helmerich & Payne include Patterson-UTI Energy (PTEN), Transocean (RIG), Valaris (VAL), HighPeak Energy (HPK), Precision Drilling (PDS), Liberty Energy (LBRT), CNX Resources (CNX), Northern Oil and Gas (NOG), Cactus (WHD), and Plains GP (PAGP). These companies are all part of the "oils/energy" sector.

Helmerich & Payne vs.

Patterson-UTI Energy (NASDAQ:PTEN) and Helmerich & Payne (NYSE:HP) are both mid-cap oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, community ranking, dividends, institutional ownership, valuation, earnings, risk, analyst recommendations and media sentiment.

Patterson-UTI Energy has a beta of 2.23, meaning that its share price is 123% more volatile than the S&P 500. Comparatively, Helmerich & Payne has a beta of 1.51, meaning that its share price is 51% more volatile than the S&P 500.

Helmerich & Payne has lower revenue, but higher earnings than Patterson-UTI Energy. Helmerich & Payne is trading at a lower price-to-earnings ratio than Patterson-UTI Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Patterson-UTI Energy$4.15B1.10$246.29M$0.6816.63
Helmerich & Payne$2.87B1.32$434.10M$3.5011.00

Helmerich & Payne has a net margin of 12.84% compared to Helmerich & Payne's net margin of 4.07%. Patterson-UTI Energy's return on equity of 13.21% beat Helmerich & Payne's return on equity.

Company Net Margins Return on Equity Return on Assets
Patterson-UTI Energy4.07% 7.13% 4.57%
Helmerich & Payne 12.84%13.21%8.31%

97.9% of Patterson-UTI Energy shares are held by institutional investors. Comparatively, 96.1% of Helmerich & Payne shares are held by institutional investors. 2.3% of Patterson-UTI Energy shares are held by company insiders. Comparatively, 4.4% of Helmerich & Payne shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Patterson-UTI Energy received 104 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.27% of users gave Patterson-UTI Energy an outperform vote while only 54.52% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
797
62.27%
Underperform Votes
483
37.73%
Helmerich & PayneOutperform Votes
693
54.52%
Underperform Votes
578
45.48%

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 2.8%. Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.6%. Patterson-UTI Energy pays out 47.1% of its earnings in the form of a dividend. Helmerich & Payne pays out 28.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Patterson-UTI Energy has raised its dividend for 3 consecutive years. Patterson-UTI Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Patterson-UTI Energy currently has a consensus target price of $15.67, suggesting a potential upside of 38.52%. Helmerich & Payne has a consensus target price of $42.00, suggesting a potential upside of 9.12%. Given Helmerich & Payne's stronger consensus rating and higher probable upside, analysts plainly believe Patterson-UTI Energy is more favorable than Helmerich & Payne.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Patterson-UTI Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77
Helmerich & Payne
2 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.90

In the previous week, Helmerich & Payne had 6 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 12 mentions for Helmerich & Payne and 6 mentions for Patterson-UTI Energy. Patterson-UTI Energy's average media sentiment score of 1.47 beat Helmerich & Payne's score of 1.40 indicating that Helmerich & Payne is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Patterson-UTI Energy
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Helmerich & Payne
8 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Patterson-UTI Energy beats Helmerich & Payne on 12 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HP vs. The Competition

MetricHelmerich & PayneDrilling oil & gas wells IndustryEnergy SectorNYSE Exchange
Market Cap$3.77B$1.27B$8.31B$18.06B
Dividend Yield2.62%3.60%11.65%3.44%
P/E Ratio11.006.5314.3922.17
Price / Sales1.322.6949.5010.69
Price / Cash4.658.8011.3320.09
Price / Book1.360.782.856.01
Net Income$434.10M-$199.48M$987.46M$966.25M
7 Day Performance-0.67%1.89%1.73%1.87%
1 Month Performance-6.51%0.96%4.25%7.16%
1 Year Performance17.60%1.45%6.73%21.68%

Helmerich & Payne Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTEN
Patterson-UTI Energy
4.9829 of 5 stars
$11.00
+0.5%
$15.67
+42.4%
+6.7%$4.42B$4.15B16.1810,600Positive News
RIG
Transocean
4.6876 of 5 stars
$6.00
+3.3%
$7.70
+28.3%
+2.4%$4.92B$2.83B-11.545,800Insider Buying
Positive News
VAL
Valaris
3.176 of 5 stars
$75.68
+2.2%
$99.20
+31.1%
+32.0%$5.48B$1.78B6.625,985
HPK
HighPeak Energy
1.9085 of 5 stars
$14.43
+3.2%
$22.10
+53.2%
+5.9%$1.85B$1.11B11.6448Positive News
PDS
Precision Drilling
1.5932 of 5 stars
$71.26
+0.3%
$48.00
-32.6%
+53.9%$1.03B$1.91B6.265,560
LBRT
Liberty Energy
3.7928 of 5 stars
$23.40
+3.8%
$24.30
+3.8%
+89.5%$3.90B$4.56B8.545,500Short Interest ↓
Analyst Revision
Positive News
CNX
CNX Resources
4.0073 of 5 stars
$24.19
+3.1%
$25.00
+3.3%
+56.8%$3.71B$3.47B4.38470Positive News
NOG
Northern Oil and Gas
4.1173 of 5 stars
$40.13
+1.3%
$48.00
+19.6%
+32.1%$4.06B$2.17B6.5038Analyst Forecast
WHD
Cactus
3.2036 of 5 stars
$51.18
+1.1%
$55.14
+7.7%
+43.6%$4.07B$1.14B20.391,600Analyst Revision
News Coverage
PAGP
Plains GP
2.8673 of 5 stars
$18.34
+0.9%
$19.64
+7.1%
+32.9%$3.62B$48.71B20.844,200Positive News

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This page (NYSE:HP) was last updated on 5/18/2024 by MarketBeat.com Staff

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