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Helmerich & Payne (HP) Construction in Progress (2009 - 2017)

Helmerich & Payne (HP) reported Construction in Progress of $169.3 million for Q3 2017, up 72.23% year-over-year from $98.3 million in Q3 2016, and up 72.23% on a QoQ basis from $98.3 million in Q3 2016.

Helmerich & Payne (HP) has 9 years of Construction in Progress data on file, last reported at $169.3 million in Q3 2017.

  • Quarterly Construction in Progress rose 72.23% year-over-year to $169.3 million in Q3 2017, while the trailing twelve-month figure through Sep 2017 was $169.3 million (up 72.23% YoY) and the FY2017 annual result came in at $169.3 million, up 72.23% from the prior year.
  • Construction in Progress improved to $169.3 million in Q3 2017 per HP's latest filing, from $98.3 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $288.9 million in Q3 2014 and bottomed at $95.5 million in Q3 2015.
  • The 5-year median for Construction in Progress is $153.3 million (2013), against an average of $161.1 million.
  • The widest annual swing landed in 2014, when Construction in Progress soared 88.5%; it then plunged 66.93% in 2015.
  • Tracing HP's Construction in Progress over 5 years: stood at $153.3 million in 2013, then surged by 88.5% to $288.9 million in 2014, then sank by 66.93% to $95.5 million in 2015, then grew by 2.93% to $98.3 million in 2016, then jumped by 72.23% to $169.3 million in 2017.
  • Per Business Quant, the three latest HP Construction in Progress figures stand at $169.3 million (Q3 2017), $98.3 million (Q3 2016), and $95.5 million (Q3 2015).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn -
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn -
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn -
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -
9 Borr Drilling 1.48 Bn 1.10 Bn - -

Historic Data

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DateValue
Sep 30, 2017 169.33 Mn
Sep 30, 2016 98.31 Mn
Sep 30, 2015 95.52 Mn
Sep 30, 2014 288.88 Mn
Sep 30, 2013 153.25 Mn
Sep 30, 2012 215.75 Mn
Sep 30, 2011 232.70 Mn
Sep 30, 2010 154.60 Mn
Sep 30, 2009 232.06 Mn