Helmerich & Payne (HP) Liabilities from Discontinued Operations (2009 - 2022)
Helmerich & Payne (HP) recorded Liabilities from Discontinued Operations of $800,000 in fiscal Q1 2023 (quarter ended Dec 31, 2022), down 60.6% from $2.03 million a year earlier and down 48.1% from the prior quarter.
Helmerich & Payne (HP) Liabilities from Discontinued Operations (2009 - 2022) Analysis & Trends
At the end of FY2022 (ended Sep 30, 2022), Helmerich & Payne reported Liabilities from Discontinued Operations of $1.54 million, down 23.5% from FY2021.
- Annual Liabilities from Discontinued Operations has declined for three straight fiscal years, with a five-year compound annual growth rate of -17.4% (FY2017 to FY2022).
- Across earlier fiscal years, Liabilities from Discontinued Operations came in at $2.01 million in FY2021 (-85.0%), $13.39 million in FY2020 (-12.7%), $15.34 million in FY2019 (+7.6%) and $14.25 million in FY2018 (+255.3%).
- The fiscal Q1 2023 figure is the lowest quarterly Liabilities from Discontinued Operations since fiscal Q1 2014.
- On a year-over-year basis, Liabilities from Discontinued Operations has declined for ten consecutive quarters, with an average decline of 55.4% over the last eight quarters.
- Peak year-over-year performance for Liabilities from Discontinued Operations in the last five years was growth of 351.1% in fiscal Q3 2018, against a decline of 85.0% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.54 million (Q4 2022), $2.06 million (Q3 2022) and $2.36 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 73.58 Bn | 70.69 Bn | 1.40 Bn |
| 2 | Baker Hughes | 53.23 Bn | 16.50 Bn | 1.58 Bn |
| 3 | Halliburton | 27.65 Bn | 19.41 Bn | 804.00 Mn |
| 4 | TechnipFMC | 26.24 Bn | 22.39 Bn | 684.70 Mn |
| 5 | Noble | 7.02 Bn | 4.95 Bn | 239.27 Mn |
| 6 | Transocean | 6.79 Bn | 4.50 Bn | 358.00 Mn |
| 7 | Nov | 6.71 Bn | 1.50 Bn | 521.00 Mn |
| 8 | Valaris | 6.40 Bn | 4.01 Bn | 123.70 Mn |
| 9 | Weatherford International | 5.89 Bn | 1.66 Bn | 374.00 Mn |
| 10 | Helmerich & Payne | 3.71 Bn | 2.89 Bn | 349.94 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 800,000.00 |
| Sep 30, 2022 | 1.54 Mn |
| Jun 30, 2022 | 2.06 Mn |
| Mar 31, 2022 | 2.36 Mn |
| Dec 31, 2021 | 2.03 Mn |
| Sep 30, 2021 | 2.01 Mn |
| Jun 30, 2021 | 2.39 Mn |
| Mar 31, 2021 | 3.56 Mn |
| Dec 31, 2020 | 5.87 Mn |
| Sep 30, 2020 | 13.39 Mn |
| Jun 30, 2020 | 15.08 Mn |
| Mar 31, 2020 | 15.49 Mn |
| Dec 31, 2019 | 15.44 Mn |
| Sep 30, 2019 | 15.34 Mn |
| Jun 30, 2019 | 14.63 Mn |
| Mar 31, 2019 | 14.58 Mn |
| Dec 31, 2018 | 3.63 Mn |
| Sep 30, 2018 | 14.25 Mn |
| Jun 30, 2018 | 14.55 Mn |
| Mar 31, 2018 | 14.69 Mn |
Helmerich & Payne Liabilities from Discontinued Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=liabilities-from-discontinued-operations&ticker=HP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-from-discontinued-operations", "ticker": "HP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=liabilities-from-discontinued-operations&ticker=HP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();