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Helmerich & Payne (HP) Shares Repurchased (2012 - 2024)

Helmerich & Payne (HP) reported Shares Repurchased of $3.9 million for Q1 2024, down 96.28% year-over-year from $106.0 million in Q2 2023, and down 91.69% on a QoQ basis from $47.4 million in Q4 2023.

Helmerich & Payne (HP) has 8 years of Shares Repurchased data on file, last reported at $3.9 million in Q1 2024.

  • Quarterly Shares Repurchased fell 96.28% year-over-year to $3.9 million in Q1 2024, while the trailing twelve-month figure through Dec 2024 was $3.9 million (down 98.46% YoY) and the FY2024 annual result came in at $51.3 million, down 79.25% from the prior year.
  • Shares Repurchased eased to $3.9 million in Q1 2024 per HP's latest filing, from $47.4 million in the prior quarter.
  • Across five years, Shares Repurchased topped out at $106.0 million in Q1 2023 and bottomed at -$4000.0 in Q2 2020.
  • The 5-year median for Shares Repurchased is $39.1 million (2022), against an average of $41.7 million.
  • The widest annual swing landed in 2020, when Shares Repurchased slumped 99.99%; it then soared 536.7% in 2023.
  • Tracing HP's Shares Repurchased over 5 years: stood at $5000.0 in 2020, then jumped by 1207060.0% to $60.4 million in 2021, then sank by 35.29% to $39.1 million in 2022, then increased by 21.26% to $47.4 million in 2023, then slumped by 91.69% to $3.9 million in 2024.
  • Per Business Quant, the three latest HP Shares Repurchased figures stand at $3.9 million (Q1 2024), $47.4 million (Q4 2023), and $102.2 million (Q2 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Repurchased (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 350,000.00
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 - 400,000.00

Historic Data

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DateValue
Mar 31, 2024 3.94 Mn
Mar 31, 2024 3.94 Mn
Dec 31, 2023 47.36 Mn
Dec 31, 2023 47.36 Mn
Jun 30, 2023 102.20 Mn
Jun 30, 2023 102.20 Mn
Mar 31, 2023 105.95 Mn
Mar 31, 2023 105.95 Mn
Dec 31, 2022 39.06 Mn
Dec 31, 2022 39.06 Mn
Mar 31, 2022 16.64 Mn
Mar 31, 2022 16.64 Mn
Dec 31, 2021 60.36 Mn
Dec 31, 2021 60.36 Mn
Sep 30, 2020 5,000.00
Sep 30, 2020 5,000.00
Jun 30, 2020 -4,000.00
Jun 30, 2020 -4,000.00
Sep 30, 2019 42.78 Mn
Sep 30, 2019 42.78 Mn
Dec 31, 2014 59.65 Mn
Dec 31, 2014 59.65 Mn
Sep 30, 2012 6.21 Mn
Sep 30, 2012 6.21 Mn