Helmerich & Payne (HP) Capital Expenditures (2009 - 2026)

Helmerich & Payne (HP) reported Capital Expenditures of $62.9 million for Q1 2026, down 60.4% year-over-year from $158.7 million in Q1 2025, and down 6.96% quarter-over-quarter from $67.6 million in Q4 2025.

Helmerich & Payne (HP) Capital Expenditures (2009 - 2026) Analysis & Trends

Helmerich & Payne (HP) has 18 years of Capital Expenditures data on file, last reported at $62.9 million in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $62.9 million, down 60.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $291.6 million (down 42.33% YoY), and the FY2025 annual result was $426.4 million, down 13.88% from the prior year.
  • Capital Expenditures eased to $62.9 million in Q1 2026 per HP's latest filing, from $67.6 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $158.7 million in Q1 2025 and troughed at $60.5 million in Q1 2022.
  • A 5-year average of $97.3 million and a median of $97.0 million in 2025 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2022 and 2026: Capital Expenditures surged 282.44% in 2022, then slumped 60.4% in 2026.
  • A 5-year view of Capital Expenditures shows it stood at $96.0 million in 2022, then jumped by 42.05% to $136.4 million in 2023, then fell by 21.94% to $106.5 million in 2024, then sank by 36.55% to $67.6 million in 2025, then slipped by 6.96% to $62.9 million in 2026.
  • Business Quant data shows HP's Capital Expenditures at $62.9 million in Q1 2026, $67.6 million in Q4 2025, and $64.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn -47.40 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 103.85 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 28.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 116.63 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 62.86 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 13.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 21.05 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 164.95 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - -300,000.00
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 100.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 62.86 Mn
Mar 31, 2026 62.86 Mn
Dec 31, 2025 67.57 Mn
Dec 31, 2025 67.57 Mn
Sep 30, 2025 64.14 Mn
Sep 30, 2025 64.14 Mn
Jun 30, 2025 97.00 Mn
Jun 30, 2025 97.00 Mn
Mar 31, 2025 158.75 Mn
Mar 31, 2025 158.75 Mn
Dec 31, 2024 106.49 Mn
Dec 31, 2024 106.49 Mn
Sep 30, 2024 105.98 Mn
Sep 30, 2024 105.98 Mn
Jun 30, 2024 134.38 Mn
Jun 30, 2024 134.38 Mn
Mar 31, 2024 118.30 Mn
Mar 31, 2024 118.30 Mn
Dec 31, 2023 136.41 Mn
Dec 31, 2023 136.41 Mn