Randy Foutch - Helmerich Lead Independent Director

HP Stock  USD 34.43  0.70  2.08%   

Director

Mr. Randy A. Foutch is an Independent Director of the Company. In 2007, Mr. Foutch founded Laredo Petroleum, Inc., a publicly traded MidContinent focused oil and natural gas exploration and production company, where he has served as a director, Chairman of the Board and Chief Executive Officer since 2007. He founded and served in executive roles with Pogo Producing Company and Lariat Petroleum, Inc. prior to their sales. He has also served as a Director of Bill Barrett Corporation from 2006 to 2011, MacroSolve, Inc. from 2006 to 2008 and Cheniere Energy, Inc. from 2013 to 2015 since 2020.
Age 69
Tenure 4 years
Address 222 North Detroit Avenue, Tulsa, OK, United States, 74120
Phone918 742 5531
Webhttps://www.helmerichpayne.com
Foutch also serves on several nonprofit and private industry boards. He holds a BS degree in Geology from the University of Texas and a MS degree in Petroleum Engineering from the University of Houston. As a result of Mr. Foutch service as a chief executive officer and in other executive positions and as a director of several oil and gas exploration and development companies, the Board believes that he provides valuable business, leadership and management experience and insights into many aspects of the oil, natural gas and contract drilling industries. The Board believes Mr. Foutch background provides the necessary expertise to serve as Chairman of the Nominating and Corporationrationrationrate Governance Committee of the Board of Directors.

Helmerich Management Efficiency

The company has Return on Asset (ROA) of 0.054 % which means that for every $100 of assets, it generated a profit of $0.054. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.121 %, which means that it produced $0.121 on every 100 dollars invested by current stockholders. Helmerich's management efficiency ratios could be used to measure how well Helmerich manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Capital Employed is likely to grow to 0.1, while Return On Tangible Assets are likely to drop 0.06. As of 11/22/2024, Non Current Liabilities Total is likely to grow to about 2.5 B, while Total Current Liabilities is likely to drop slightly above 235.5 M.
Helmerich and Payne reports 1.86 B of total liabilities with total debt to equity ratio (D/E) of 0.2, which may suggest the company is not taking enough advantage from financial leverage. Helmerich and Payne has a current ratio of 2.31, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Helmerich to invest in growth at high rates of return.

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Helmerich Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma. Helmerich Payne operates under Oil Gas Drilling classification in the United States and is traded on New York Stock Exchange. It employs 5932 people. Helmerich and Payne (HP) is traded on New York Stock Exchange in USA. It is located in 222 North Detroit Avenue, Tulsa, OK, United States, 74120 and employs 29 people. Helmerich is listed under Energy Equipment & Services category by Fama And French industry classification.

Management Performance

Helmerich and Payne Leadership Team

Elected by the shareholders, the Helmerich's board of directors comprises two types of representatives: Helmerich inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Helmerich. The board's role is to monitor Helmerich's management team and ensure that shareholders' interests are well served. Helmerich's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Helmerich's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dave Wilson, Vice Relations
Edward Rust, Independent Director
Raymond III, Sales Operations
Jose Mas, Independent Director
Wade Clark, Vice President U.S. Land, Helmerich & Payne International Drilling Co
Todd Benson, Chief Innovation Officer, Helmerich & Payne Technologies
Mary VanDeWeghe, Independent Director
Thomas Petrie, Independent Director
Mark Smith, Senior Vice President and Chief Financial Officer
Belgacem Chariag, Independent Director
Kevin Cramton, Independent Director
Hans Helmerich, Chairman of the Board
Michael Lennox, Senior Vice President - U.S. Land Operations of Helmerich and Payne International Drilling Co.
Chay Chinsethagid, Senior Engineering
John Lindsay, President, Chief Executive Officer, Director
Delaney Bellinger, Independent Director
Randy Foutch, Lead Independent Director
Donald Robillard, Independent Director
William Gault, Corporate Secretary
John Zeglis, Independent Director
John Bell, Senior Vice PresidentSenior Vice President, International and Offshore Operations of Helmerich & Payne International Holdings
Mark CPA, Senior Advisor
Sara Momper, Vice President and Chief Accounting Officer, Principal Accounting Officer
Valerie Vaughan, Director Development
John Sr, Senior Operations
Kevin Vann, Senior CFO
Cara JD, Senior Officer
Cara Hair, Senior Vice President, Corporate Services and Chief Legal and Compliance Officer
Raymond Adams, Senior Vice President of Digital Operations, Sales, & Marketing

Helmerich Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Helmerich a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Helmerich

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Helmerich position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Helmerich will appreciate offsetting losses from the drop in the long position's value.

Moving together with Helmerich Stock

  0.84NBR Nabors IndustriesPairCorr

Moving against Helmerich Stock

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  0.32BP BP PLC ADRPairCorr
The ability to find closely correlated positions to Helmerich could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helmerich when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Helmerich - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Helmerich and Payne to buy it.
The correlation of Helmerich is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Helmerich moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helmerich and Payne moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Helmerich can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Helmerich Stock Analysis

When running Helmerich's price analysis, check to measure Helmerich's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.