Tulsa, Oklahoma-based Helmerich & Payne, Inc. (HP) is a premier global provider of high-performance contract drilling solutions and technologies for the oil and gas exploration and production sector. It is valued at a market cap of $3.8 billion.
Companies valued at $2 billion or more are typically classified as “mid-cap stocks,” and HP fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the oil & gas drilling industry. By combining physical drilling assets with cloud-based optimization platforms and trained operational crews, HP provides precision wellbore placement, automated equipment control, and enhanced operational efficiency that helps energy producers lower their extraction costs and mitigate safety risks in high-pressure drilling environments.
