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Helmerich & Payne (HP) Competitors

$38.06
+1.13 (+3.06%)
(As of 05/31/2024 ET)

HP vs. PTEN, NBR, VAL, RIG, HPK, PDS, BORR, ICD, AMNI, and TPL

Should you be buying Helmerich & Payne stock or one of its competitors? The main competitors of Helmerich & Payne include Patterson-UTI Energy (PTEN), Nabors Industries (NBR), Valaris (VAL), Transocean (RIG), HighPeak Energy (HPK), Precision Drilling (PDS), Borr Drilling (BORR), Independence Contract Drilling (ICD), American Noble Gas (AMNI), and Texas Pacific Land (TPL). 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 better investment? We will contrast the two businesses based on the strength of their dividends, profitability, institutional ownership, earnings, media sentiment, valuation, community ranking, risk and analyst recommendations.

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 insiders. Comparatively, 4.4% of Helmerich & Payne shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

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%

In the previous week, Patterson-UTI Energy had 7 more articles in the media than Helmerich & Payne. MarketBeat recorded 7 mentions for Patterson-UTI Energy and 0 mentions for Helmerich & Payne. Helmerich & Payne's average media sentiment score of 0.75 beat Patterson-UTI Energy's score of -1.00 indicating that Patterson-UTI Energy is being referred to more favorably in the media.

Company Overall Sentiment
Patterson-UTI Energy Positive
Helmerich & Payne Negative

Patterson-UTI Energy currently has a consensus target price of $15.67, indicating a potential upside of 42.17%. Helmerich & Payne has a consensus target price of $42.00, indicating a potential upside of 10.35%. Given Helmerich & Payne's stronger consensus rating and higher possible upside, research analysts clearly 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

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$4.15B1.07$246.29M$0.6816.21
Helmerich & Payne$2.87B1.31$434.10M$3.5010.87

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%

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

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 2.9%. 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.

Summary

Patterson-UTI Energy beats Helmerich & Payne on 14 of the 22 factors compared between the two stocks.

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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$3.76B$1.24B$8.34B$17.81B
Dividend Yield2.71%3.63%11.63%3.55%
P/E Ratio10.874.9810.3022.67
Price / Sales1.312.7878.5911.15
Price / Cash4.498.7911.2118.95
Price / Book1.340.802.995.90
Net Income$434.10M-$199.48M$979.69M$976.46M
7 Day Performance2.45%1.58%1.52%0.62%
1 Month Performance-0.42%4.43%5.72%4.79%
1 Year Performance19.95%2.74%9.64%24.00%

Helmerich & Payne Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTEN
Patterson-UTI Energy
4.823 of 5 stars
$11.02
+4.2%
$15.67
+42.2%
+13.1%$4.25B$4.15B16.2110,600Options Volume
NBR
Nabors Industries
1.6994 of 5 stars
$74.81
+4.1%
$124.75
+66.8%
-10.7%$800.41M$3.05B-5.4212,000Gap Up
VAL
Valaris
3.4852 of 5 stars
$77.39
+2.4%
$99.20
+28.2%
+34.1%$5.47B$1.78B6.775,985Positive News
RIG
Transocean
2.0367 of 5 stars
$6.21
+5.3%
$7.70
+24.0%
+8.5%$4.84B$2.83B-11.945,800
HPK
HighPeak Energy
1.5915 of 5 stars
$15.78
+1.0%
$23.60
+49.6%
+27.9%$2.00B$1.11B12.7348Short Interest ↑
High Trading Volume
PDS
Precision Drilling
2.4866 of 5 stars
$74.60
+2.6%
$48.00
-35.7%
+77.3%$1.05B$1.44B6.565,560Gap Up
BORR
Borr Drilling
2.4281 of 5 stars
$6.90
+1.2%
$9.00
+30.5%
+0.7%$1.05B$771.60M40.562,869Dividend Announcement
Short Interest ↓
ICD
Independence Contract Drilling
0.2168 of 5 stars
$1.45
flat
N/A-46.9%$22.06M$210.11M-0.44450Analyst Forecast
News Coverage
Gap Up
AMNI
American Noble Gas
0 of 5 stars
$0.02
flat
N/A-64.8%$510,000.00$120,000.00-0.163Gap Down
TPL
Texas Pacific Land
2.6555 of 5 stars
$613.82
-0.1%
$694.17
+13.1%
+41.6%$14.13B$631.59M32.63100High Trading Volume

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This page (NYSE:HP) was last updated on 6/1/2024 by MarketBeat.com Staff

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