Thomas Petrie - Helmerich Independent Director
| HP Stock | USD 34.63 0.23 0.66% |
Director
Mr. Thomas A. Petrie is Independent Director of Helmerich Payne, Inc., He has served as the Chairman of Petrie Partners, LLC, a Denverbased investment banking firm that offers financial advisory services to the oil and gas industry, since 2012. In 1989, Mr. Petrie cofounded Petrie Parkman Co. and served as its Chairman and Chief Executive Officer from 1989 to 2006. Mr. Petrie served as a Vice Chairman of Merrill Lynch following the merger of Petrie Parkman Co. with Merrill Lynch in 2006 until 2009. Mr. Petrie also served until 2012 as Vice Chairman of Bank of America following Bank of America acquisition of Merrill Lynch in 2009. Mr. Petrie was an active advisor on more than 250 billion of energyrelated mergers and acquisitions, including many of the largest since 2012.
| Age | 75 |
| Tenure | 12 years |
| Address | 222 North Detroit Avenue, Tulsa, OK, United States, 74120 |
| Phone | 918 742 5531 |
| Web | https://www.helmerichpayne.com |
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 11/29/2024, Return On Capital Employed is likely to grow to 0.1, while Return On Tangible Assets are likely to drop 0.06. As of 11/29/2024, 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.Similar Executives
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Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.054 |
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.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.054 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 4.77 B | ||||
| Shares Outstanding | 98.76 M | ||||
| Shares Owned By Insiders | 3.35 % | ||||
| Shares Owned By Institutions | 96.65 % | ||||
| Number Of Shares Shorted | 12.72 M | ||||
| Price To Book | 1.17 X |
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
Moving against Helmerich Stock
| 0.64 | EC | Ecopetrol SA ADR Sell-off Trend | PairCorr |
| 0.59 | BORR | Borr Drilling | PairCorr |
| 0.43 | DINO | HF Sinclair Corp | PairCorr |
| 0.41 | BP | BP PLC ADR | PairCorr |
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.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.