HELMERICH & PAYNE, INC. September 2020 Financial data as of 6/30/2020; other data as of 7/28/2020 unless otherwise noted.
H&P Today Founded in 1920, H&P is the industrys most trusted drilling partner. Committed to operational excellence and conservative financial discipline, H&P is the recognized industry leader in drilling solutions as well as…
Why H&P in Current Market Conditions U.S. Land industry leader with dominant position Important to be adaptable in volatile markets; H&P moved quickly to respond to these unprecedented market conditions Reduced annual dividends by…
H&Ps Winning Strategy Execute as the dominant U.S. land drilling solutions provider Continue to lead industry in digital technology and innovation bringing value to customers Grow international business opportunistically…
Differentiated from Land Drilling Peers Strategic advantages innovation, economies of scale, operational efficiency, financial flexibility and risk reduction Changing the commercial model H&P provides distinctive value to customers…
Evolving Commercial Model H&P has a long track record of providing value to customers, the contract model terms must evolve to ensure a reasonable rate of return Current dayrate model is not designed to adequately compensate for…
H&P Drilling Solutions Focusing on Highest Variability and Greatest Value H&P has focused on the 3 areas that provide the most value in drilling a well, but have the greatest variability Drilling Rig Provider FlexRig fleet, market…
Drilling and Digital Technology Solutions H&Ps offerings create compelling value opportunities for E&Ps Our customers want to generate higher returns on their capex spend, H&Ps drilling solutions can assist by: Improving wellbore…
Value Proposition Wellbore Quality and Placement H&P & Customer partnership can: Optimize drilling economics to customer specifications Drill a less tortuous well Increase confidence that wellbore is appropriately spaced Lower…
Enabling Industry Profitability Automating the Wellbore Manufacturing Process Throughout history, the introduction of automation into the manufacturing process has increased consistency, reliability, and quality and decreased risks…
H&P Global Rig Fleet Rigs Rigs % Available Contracted(1) Contracted U.S. Land 262 64 24% Super-Spec FlexRigs 234 62 26% Upgradeable AC FlexRigs 8 0 0% Other AC Style FlexRigs 20 0 2 0 10% 0 International Land 32 6 19%…
Conservative Capital Structure H&P Built to Withstand Volatile Markets Capital Employed (MM) Liquidity Available (MM) 1,500 240% HP Total Liquidity Available Liquidity As A % Of Debt 200% 1,200 160% PTEN 900 120%…
Solid Financial Foundation H&P Positioned to be Strong Through the Cycle Total-Debt-to-Total-Capitalization Ratio1 Debt Maturity Schedule (In Millions) 1,400 HP 1,200 1,000 344 775 PTEN 800 368 303 525 600 PDS 400 753 600…
ESG - Social Responsibility Environment Social Governance Drilling Solutions: Safety: Governance Structure: Utilizing walking/skidding rigs for multi- Health and safety are fundamental principles H&P does not maintain a classified Board…
H&P Investment Thesis Industry Leader as a Drilling Solutions Provider Largest, Uniform and Most Capable FlexRig Fleet Consistent Operational Excellence (Safety, Customer Satisfaction, Reliability) Technology and Innovation Leader…
Helmerich & Payne, Inc. Thank you for your interest in H&P. Our stock is traded on the NYSE, ticker symbol - HP For more information please visit our website at www.hpinc.com or contact: Dave Wilson, CFA, CPA Director of Investor…
Loading...
