Helmerich & Payne (HP) Competitors and Alternatives 2024 (2024)

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

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 Murphy USA (MUSA). 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 investment? We will compare the two companies based on the strength of their dividends, media sentiment, risk, institutional ownership, earnings, analyst recommendations, profitability, community ranking and valuation.

Helmerich & Payne has a net margin of 12.72% compared to Patterson-UTI Energy's net margin of 2.28%. Helmerich & Payne's return on equity of 12.39% beat Patterson-UTI Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Helmerich & Payne12.72% 12.39% 7.83%
Patterson-UTI Energy 2.28%4.49%2.94%

Patterson-UTI Energy received 110 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 54.34% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Helmerich & PayneOutperform Votes

695

54.34%

Underperform Votes

584

45.66%

Patterson-UTI EnergyOutperform Votes

805

62.26%

Underperform Votes

488

37.74%

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

Helmerich & Payne has a beta of 1.42, meaning that its share price is 42% more volatile than the S&P 500. Comparatively, Patterson-UTI Energy has a beta of 2.13, meaning that its share price is 113% more volatile than the S&P 500.

Helmerich & Payne currently has a consensus price target of $40.88, indicating a potential upside of 36.93%. Patterson-UTI Energy has a consensus price target of $13.71, indicating a potential upside of 73.30%. Given Patterson-UTI Energy's stronger consensus rating and higher possible upside, analysts clearly believe Patterson-UTI Energy is more favorable than Helmerich & Payne.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score

2 Sell rating(s)

6 Hold rating(s)

2 Buy rating(s)

1 Strong Buy rating(s)

2.18
Patterson-UTI Energy

0 Sell rating(s)

3 Hold rating(s)

9 Buy rating(s)

1 Strong Buy rating(s)

2.85

Helmerich & Payne has higher earnings, but lower revenue 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
$2.87B1.03$434.10M$3.508.53
Patterson-UTI Energy$4.15B0.75$246.29M$0.6811.63

Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 3.4%. Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 4.0%. Helmerich & Payne pays out 28.6% of its earnings in the form of a dividend. Patterson-UTI Energy pays out 47.1% 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.

In the previous week, Helmerich & Payne had 2 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 12 mentions for Helmerich & Payne and 10 mentions for Patterson-UTI Energy. Helmerich & Payne's average media sentiment score of 0.50 beat Patterson-UTI Energy's score of 0.35 indicating that Helmerich & Payne is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment

1 Very Positive mention(s)

1 Positive mention(s)

5 Neutral mention(s)

2 Negative mention(s)

0 Very Negative mention(s)

Neutral
Patterson-UTI Energy

3 Very Positive mention(s)

3 Positive mention(s)

0 Neutral mention(s)

1 Negative mention(s)

0 Very Negative mention(s)

Neutral

Summary

Helmerich & Payne and Patterson-UTI Energy tied by winning 10 of the 20 factors compared between the two stocks.

Helmerich & Payne (HP) Competitors and Alternatives 2024 (3)

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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

Export to Excel

MetricHelmerich & PayneDrilling oil & gas wells IndustryEnergy SectorNYSE Exchange
Market Cap$2.95B$1.04B$8.13B$19.02B
Dividend Yield3.25%3.89%12.22%3.56%
P/E Ratio8.534.3913.7325.73
Price / Sales1.032.5148.2315.67
Price / Cash3.747.128.9019.82
Price / Book1.070.683.625.06
Net Income$434.10M-$220.57M$959.34M$983.77M
7 Day Performance-1.62%-1.01%1.87%3.31%
1 Month Performance-12.44%-7.82%-1.40%3.96%
1 Year Performance-35.05%-22.18%303.27%15.51%

Helmerich & Payne Competitors List

Export to Excel

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTENPatterson-UTI Energy4.9851 of 5 stars4.99 / 5 stars$7.91
flat
$13.71
+73.3%
-49.7%$3.11B$4.15B11.6310,600Analyst Forecast
NBRNabors Industries1.0674 of 5 stars1.07 / 5 stars$62.61
-3.8%
$104.50
+66.9%
-52.2%$696.59M$2.93B-4.5312,000Analyst Downgrade
News Coverage
VALValaris3.2818 of 5 stars3.28 / 5 stars$54.39
-0.1%
$91.40
+68.1%
-26.4%$3.96B$1.78B4.765,985Analyst Forecast
Insider Selling
News Coverage
RIGTransocean3.4088 of 5 stars3.41 / 5 stars$4.13
-0.5%
$7.25
+75.5%
-50.1%$3.62B$2.83B-7.945,800Analyst Downgrade
Insider Buying
Analyst Revision
News Coverage
HPKHighPeak Energy3.8718 of 5 stars3.87 / 5 stars$13.83
-0.5%
$24.10
+74.3%
-9.0%$1.77B$1.11B11.1530Positive News
PDSPrecision Drilling3.673 of 5 stars3.67 / 5 stars$63.46
+0.1%
$112.00
+76.5%
-11.9%$899.23M$1.44B5.585,560News Coverage
Gap Up
BORRBorr Drilling2.7774 of 5 stars2.78 / 5 stars$5.48
+3.8%
$9.00
+64.2%
-21.0%$835.70M$918M32.242,869Analyst Upgrade
Gap Up
ICDIndependence Contract Drilling0 of 5 stars0.00 / 5 starsN/AN/AN/A$8.91M$179.96M-0.18600Analyst Forecast
News Coverage
High Trading Volume
AMNIAmerican Noble Gas0 of 5 stars0.00 / 5 starsN/AN/AN/A$30,000.00$120,000.000.003Gap Up
MUSAMurphy USA2.4265 of 5 stars2.43 / 5 stars$533.25
-0.4%
$469.50
-12.0%
+59.6%$10.93B$21.53B22.3815,600Positive News

Related Companies and Tools

Related Companies:

  • Patterson-UTI Energy Competitors
  • Nabors Industries Competitors
  • Valaris Competitors
  • Transocean Competitors
  • HighPeak Energy Competitors
  • Precision Drilling Competitors
  • Borr Drilling Competitors
  • Independence Contract Drilling Competitors
  • American Noble Gas Competitors
  • Murphy USA Competitors

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Helmerich & Payne (HP) Competitors and Alternatives 2024 (2024)
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