Helmerich & Payne (HP) Competitors

$40.39
-0.05 (-0.12%)
(As of 04/26/2024 08:52 PM ET)

HP vs. PTEN, RIG, VAL, HPK, WHD, ERF, BEPC, VIST, NOG, and ORA

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), Cactus (WHD), Enerplus (ERF), Brookfield Renewable (BEPC), Vista Energy (VIST), Northern Oil and Gas (NOG), and Ormat Technologies (ORA). These companies are all part of the "oils/energy" sector.

Helmerich & Payne vs.

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

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

Helmerich & Payne presently has a consensus target price of $42.63, suggesting a potential upside of 5.53%. Patterson-UTI Energy has a consensus target price of $16.17, suggesting a potential upside of 43.70%. Given Patterson-UTI Energy'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
Helmerich & Payne
2 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.90
Patterson-UTI Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

Helmerich & Payne has a beta of 1.51, meaning that its share price is 51% more volatile than the S&P 500. Comparatively, Patterson-UTI Energy has a beta of 2.22, meaning that its share price is 122% more volatile than the S&P 500.

In the previous week, Patterson-UTI Energy had 2 more articles in the media than Helmerich & Payne. MarketBeat recorded 15 mentions for Patterson-UTI Energy and 13 mentions for Helmerich & Payne. Helmerich & Payne's average media sentiment score of 0.45 beat Patterson-UTI Energy's score of 0.29 indicating that Helmerich & Payne is being referred to more favorably in the media.

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

Patterson-UTI Energy received 102 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.26% of users gave Patterson-UTI Energy an outperform vote while only 54.57% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Helmerich & PayneOutperform Votes
693
54.57%
Underperform Votes
577
45.43%
Patterson-UTI EnergyOutperform Votes
795
62.26%
Underperform Votes
482
37.74%

Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.5%. Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 2.8%. Helmerich & Payne pays out 28.6% of its earnings in the form of a dividend. Patterson-UTI Energy pays out 31.7% 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Helmerich & Payne$2.75B1.45$434.10M$3.5011.54
Patterson-UTI Energy$4.15B1.09$246.29M$1.0111.14

Helmerich & Payne has a net margin of 12.84% compared to Patterson-UTI Energy's net margin of 5.94%. Helmerich & Payne's return on equity of 13.21% beat Patterson-UTI Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Helmerich & Payne12.84% 13.21% 8.31%
Patterson-UTI Energy 5.94%10.00%6.21%

Summary

Patterson-UTI Energy beats Helmerich & Payne on 11 of the 21 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$3.99B$767.72M$7.36B$17.38B
Dividend Yield2.47%3.65%11.78%3.54%
P/E Ratio11.545.8117.1223.80
Price / Sales1.452.5890.0911.17
Price / Cash4.914.9110.8517.85
Price / Book1.420.693.314.63
Net Income$434.10M-$279.72M$960.43M$959.70M
7 Day Performance-2.08%1.35%5.90%2.91%
1 Month Performance-3.97%-2.56%6.55%-2.16%
1 Year Performance21.80%-6.67%7.33%15.80%

Helmerich & Payne Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTEN
Patterson-UTI Energy
4.7958 of 5 stars
$11.60
+2.3%
$16.17
+39.4%
+0.5%$4.68B$4.15B11.4910,600Upcoming Earnings
Analyst Revision
RIG
Transocean
4.2936 of 5 stars
$5.94
+2.2%
$8.22
+38.4%
-0.5%$4.87B$2.83B-4.685,800
VAL
Valaris
3.3264 of 5 stars
$69.12
+1.4%
$100.00
+44.7%
+15.3%$5.00B$1.78B5.915,985Upcoming Earnings
Analyst Upgrade
HPK
HighPeak Energy
1.4932 of 5 stars
$15.26
+1.4%
$22.10
+44.8%
-24.0%$1.96B$1.11B9.6648Analyst Revision
News Coverage
WHD
Cactus
2.8216 of 5 stars
$52.56
+2.6%
$55.29
+5.2%
+28.0%$4.17B$1.10B20.611,600Upcoming Earnings
Analyst Revision
ERF
Enerplus
2.0035 of 5 stars
$20.28
+0.6%
$21.69
+7.0%
+37.1%$4.14B$1.69B9.66404Upcoming Earnings
Short Interest ↑
BEPC
Brookfield Renewable
4.7205 of 5 stars
$23.53
+2.8%
$34.00
+44.5%
-30.2%$4.23B$5.04B-73.521,890Upcoming Earnings
Short Interest ↓
Positive News
VIST
Vista Energy
3.1582 of 5 stars
$44.16
+1.4%
$50.00
+13.2%
+105.7%$4.10B$1.17B11.12299Short Interest ↓
NOG
Northern Oil and Gas
3.522 of 5 stars
$43.11
+1.1%
$47.00
+9.0%
+30.4%$4.36B$2.17B4.2938Upcoming Earnings
ORA
Ormat Technologies
4.8014 of 5 stars
$65.17
+0.9%
$81.00
+24.3%
-26.5%$3.94B$829.42M31.181,576Positive News

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This page (NYSE:HP) was last updated on 4/29/2024 by MarketBeat.com Staff

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