Helmerich & Payne (HP) Construction in Progress (2009 - 2017)
Helmerich & Payne (HP) posted quarterly 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% quarter-over-quarter from $98.3 million in Q3 2016.
Helmerich & Payne (HP) Construction in Progress (2009 - 2017) Analysis & Trends
Helmerich & Payne (HP) has reported Construction in Progress for 9 consecutive years, with $169.3 million the latest figure, recorded in Q3 2017.
- In Q3 2017, Construction in Progress rose 72.23% year-over-year to $169.3 million; the TTM figure through Sep 2017 stood at $169.3 million (up 72.23% YoY), while the FY2017 annual figure was $169.3 million, up 72.23% from the prior year.
- Construction in Progress grew 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.
- Historically, Construction in Progress has averaged $161.1 million across 5 years, with a median of $153.3 million in 2013.
- Annual changes were most pronounced in 2014 — Construction in Progress surged 88.5% — and 2015, when it slumped 66.93%.
- Helmerich & Payne's Construction in Progress stood at $153.3 million in 2013, then surged by 88.5% to $288.9 million in 2014, then plunged by 66.93% to $95.5 million in 2015, then gained by 2.93% to $98.3 million in 2016, then jumped by 72.23% to $169.3 million in 2017.
- Business Quant data shows HP's Construction in Progress at $169.3 million in Q3 2017, $98.3 million in Q3 2016, and $95.5 million in Q3 2015.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.97 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.66 Bn | 5.86 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.64 Bn | 4.44 Bn | 597.25 Mn | - |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | - |
| 5 | Seadrill | 2.94 Bn | 2.58 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.30 Bn | 789.87 Mn | 309.38 Mn | - |
| 8 | Precision Drilling | 1.15 Bn | 1.11 Bn | 89.29 Mn | - |
| 9 | Valaris | 880.11 Mn | 338.91 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 812.62 Mn | 791.03 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |