Helmerich & Payne Inc (NYSE:HP)
$ 38.75 -0.53 (-1.35%) Market Cap: 3.83 Bil Enterprise Value: 4.09 Bil PE Ratio: 11.14 PB Ratio: 1.37 GF Score: 77/100

Helmerich and Payne Inc at JPMorgan Energy, Power & Renewables Conference Transcript

Jun 17, 2020 / 04:10PM GMT
Release Date Price: $21.83 (-5.62%)
Sean Christopher Meakim
JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

Hi, everyone. I'm Sean Meakim, the oil services and equipment analyst at JPMorgan. Welcome back to the JPMorgan Energy Conference. And we're here on day 2. I'm very happy to have Helmerich & Payne CEO, John Lindsay. John, good to see you.

John W. Lindsay
Helmerich & Payne, Inc. - President, CEO & Director

Yes. Great. Good to be here.

Sean Christopher Meakim
JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

So just by way of introduction, H&P has not only been a market leader but a thought leader in the onshore drilling for the past few decades. John has been a big part of that heritage, including the industry's first AC rig, the FlexRig 3. And now as CEO, he's been leading the industry and leveraging software to enable better-performing hardware and increasingly testing new contracting models to capture more of the value that H&P's rigs create. So John, like I said,

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