Helmerich & Payne (HP) Capital Expenditures (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Capital Expenditures of -$2.0 million for Q1 2026, up 97.72% year-over-year from -$1.0 million in Q1 2025, and up 39.73% quarter-over-quarter from -$3.4 million in Q4 2025.
Helmerich & Payne (HP) Capital Expenditures (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Capital Expenditures for 18 consecutive years, with -$2.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures rose 97.72% year-over-year to -$2.0 million; the TTM figure through Mar 2026 stood at $404.0 million (up 1327.32% YoY), while the FY2025 annual figure was $426.4 million, up 1955.8% from the prior year.
- Capital Expenditures climbed to -$2.0 million in Q1 2026 per HP's latest filing, from -$3.4 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $392.0 million in Q3 2023 and bottomed at -$178.1 million in Q2 2023.
- Historically, Capital Expenditures has averaged $46.5 million across 5 years, with a median of $1.7 million in 2022.
- On a YoY basis, Capital Expenditures climbed as much as 52233.91% in 2023 and fell as far as 2183.62% in 2023.
- Helmerich & Payne's Capital Expenditures stood at $1.7 million in 2022, then slumped by 34.14% to $1.2 million in 2023, then surged by 9159.57% to $106.5 million in 2024, then slumped by 103.18% to -$3.4 million in 2025, then jumped by 39.73% to -$2.0 million in 2026.
- Business Quant data shows HP's Capital Expenditures at -$2.0 million in Q1 2026, -$3.4 million in Q4 2025, and $64.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 204.53 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 24.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 155.92 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 69.77 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 25.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 8.30 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 125.61 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | -55.21 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 105.50 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 31.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 69.77 Mn |
| Jun 30, 2026 | 69.77 Mn |
| Mar 31, 2026 | -2.04 Mn |
| Mar 31, 2026 | -2.04 Mn |
| Dec 31, 2025 | -3.38 Mn |
| Dec 31, 2025 | -3.38 Mn |
| Sep 30, 2025 | 64.14 Mn |
| Sep 30, 2025 | 64.14 Mn |
| Jun 30, 2025 | 345.30 Mn |
| Jun 30, 2025 | 345.30 Mn |
| Mar 31, 2025 | -89.55 Mn |
| Mar 31, 2025 | -89.55 Mn |
| Dec 31, 2024 | 106.49 Mn |
| Dec 31, 2024 | 106.49 Mn |
| Sep 30, 2024 | 575,000.00 |
| Sep 30, 2024 | 575,000.00 |
| Jun 30, 2024 | 10.80 Mn |
| Jun 30, 2024 | 10.80 Mn |
| Mar 31, 2024 | 8.22 Mn |
| Mar 31, 2024 | 8.22 Mn |