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Helmerich & Payne, Inc.

Energy Updated August 11, 2026
$42.52
52W $17.30 – $42.99
58/100
$4.25B
-30.4
0.62
AI Committee Verdict
Watch
58/100
Conviction: Contested · 50% agreement · 6 analysts
Contested

Is HP Bullish or Bearish?

Mixed. Innellis AI committee rates Helmerich & Payne, Inc. (HP) Watch with a composite score of 58/100 , based on 6 analysts with 50% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +1.56 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -18.44 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Risk Analyst remains cautious — bollinger bandwidth of 30.1% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Price-to-book of 0.8x is a discount to asset value — Value
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
  • Market regime is bullish (Bull market -- normal position sizing) — Macro
Bear Case
  • ROE of only -5.2% -- cheap may mean cheap for a reason — Value
  • RSI at 84 is in overbought territory — Technical
  • Price structure (LH_LL) contradicts the uptrend -- mixed signals — Technical
  • Price trading above the upper Bollinger Band -- stretched — Technical
  • Bollinger bandwidth of 30.1% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
58/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 58%
of 90 Energy peers
Value Analyst neutral
55 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Price-to-book of 0.8x is a discount to asset value
− ROE of only -5.2% -- cheap may mean cheap for a reason
Growth Analyst bullish
65 / 100 · Low confidence
Strong, accelerating growth with consistent execution
Technical Analyst neutral
57 / 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− RSI at 84 is in overbought territory
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 30.1% signals elevated volatility
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
61 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
84.3
Overbought
MACD Histogram
0.971
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Lh Ll
Bollinger %B
1.19
Above Upper Band
Price vs Moving Averages
EMA 9
$37.67 Above
EMA 21
$35.91 Above
EMA 50
$35.57 Above
EMA 200
$33.12 Above

Fundamental Analysis

Valuation
99
Profitability
0
Financial Health
93
Cash Flow
70
Valuation
P/E Ratio -30.4×
P/B Ratio 1.65×
PEG Ratio 0.23
Dividend Yield 2.35%
52W High $42.99
52W Low $17.30
Quality & Growth
ROE -605.9%
ROA -246.2%
Gross Margin 1501.8%
Operating Margin 606.8%
Revenue Growth YoY
Debt / Equity 0.72
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of -30.4 (inexpensive relative to a 15-40x range); Price-to-book of 1.7x; PEG ratio of 0.2 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -6.1%; Return on assets of -2.5%; Net margin of -3.4%; Gross margin of 15.0%; Current ratio of 1.96 (healthy short-term liquidity); Debt-to-equity of 0.72; Free cash flow per share is positive (3.16); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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