Helmerich & Payne, Inc. (HP)

35.51 -1.27 (-3.45%) At close: 04:00PM EDT

Helmerich & Payne, Inc.

1437 South Boulder Avenue
Suite 1400
Tulsa, OK 74119
United States
918 742 5531
https://www.hpinc.com

Sector(s): Energy
Industry: Oil & Gas Drilling
Full-time employees: 8,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John W. Lindsay	Pres, CEO & Director	3.39M	N/A	1961
Mr. Mark W. Smith CPA	Sr. VP & CFO	1.45M	N/A	1971
Ms. Cara M. Hair	Sr. VP of Corp. Services and Chief Legal & Compliance Officer	1.3M	N/A	1976
Mr. John R. Bell Sr.	Sr. VP of International and Offshore Operations of Helmerich & Payne International Holdings	1.05M	N/A	1970
Mr. Michael P. Lennox	Sr. VP of U.S. Land Operations of Helmerich & Payne International Drilling Co.	1.01M	N/A	1981
Ms. Sara Marie Momper	VP & Chief Accounting Officer	N/A	N/A	1984
Mr. Dave Wilson	VP of Investor Relations	N/A	N/A	N/A
Mr. Raymond John Adams III	Sr. VP of Digital Operations, Sales & Marketing	N/A	N/A	1986
Valerie Vaughan	Director of HR & Organizational Devel.	N/A	N/A	N/A
Mr. Chay Chinsethagid	Sr. VP of Information Technology & Engineering	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.

Corporate governance

Helmerich & Payne, Inc.’s ISS governance QualityScore as of 1 March 2023 is 1. The pillar scores are Audit: 3; Board: 4; Shareholder rights: 1; Compensation: 1.

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 10 indicates higher governance risk.