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1437 S. Boulder Ave. Tulsa, OK 74119-3623 OK Tel. 918-742-5531 Fax 918-742-0237 |
Type: Public
On the web:
http://www.hpinc.com
Employees:
7,694
Employee growth: 20.3%
In the oil and gas industry, Helmerich & Payne (H&P) knows the drill: The contract driller operates some 260 land and nine offshore platform rigs, for industry giants such as Occidental Petroleum, Exxon Mobil, and Devon Energy. Its US contract land drilling operations in a dozen states accounts for the bulk of its revenues. It also drills offshore in California and the Gulf of Mexico, and has drilling units in South America and North and West Africa. H&P operates 140 FlexRigs (drilling rigs equipped with new technologies, environmental and safety design, and the capability of simultaneous crew activity). The company also has real estate operations, including a shopping center and office buildings in Tulsa.
Key numbers for fiscal year ending September, 2011:
Sales: $2,543.9M
One year growth: 35.7%
Net income: $434.2M
Income growth: 177.8%
Officers:
Chairman: Walter H. Helmerich III
President, CEO, and Director: Hans Helmerich
EVP and COO; EVP US and International Operations: John W. Lindsay
Competitors:
Nabors Industries
Noble
Transocean
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