NYSE:HP

Helmerich & Payne is a global leader in unconventional drilling. It is the largest provider of advanced technology AC drive land rigs in the Western Hemisphere, specializing in shale and unconventional resource plays drilling. The company currently owns and operates land rigs across North America, South America, the Middle East, and Africa, with offshore rigs in the Gulf of Mexico. It has operations across ten states and three continents. Helmerich & Payne operates a large fleet of super-spec rigs. The company caters to a diverse mix of customers consisting of large independent, major, mid-sized and small oil companies in North America and major international and national oil companies in South America. HP’s global business comprises three contract drilling businesses and one drilling technology-based business. Its business can be categorized into four reportable business segments: U.S. Land, Offshore and International Land and Helmerich & Payne Technologies. The company also develops and operates limited commercial real estate properties including a shopping center, multi-tenant industrial warehouse properties and ~210 acres of undeveloped real estate. HP is well-positioned to benefit from a growing demand for oil and gas worldwide.