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| Date | Value |
|---|---|
| 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 |