Helmerich Payne Inc
For the period ended Sep 30, 2024. Filed Nov 13, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Nov 13, 2024
HP$35.41+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets and
| HELMERICH & PAYNE, INC. | ||
|---|---|---|
| CONSOLIDATED BALANCE SHEETS | ||
| September 30, | ||
| (in thousands except share data and per share amounts) | 2024 | 2023 |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $217,341 | $257,174 |
| Restricted cash | 68,902 | 59,064 |
| Short-term investments | 292,919 | 93,600 |
| Accounts receivable, net of allowance of $2,977 and $2,688, respectively | 418,604 | 404,188 |
| Inventories of materials and supplies, net | 117,884 | 94,227 |
| Prepaid expenses and other, net | 76,419 | 97,727 |
| Assets held-for-sale | — | 645 |
| Total current assets | 1,192,069 | 1,006,625 |
| Investments, net | 100,567 | 264,947 |
| Property, plant and equipment, net | 3,016,277 | 2,921,695 |
| Other Noncurrent Assets: | ||
| Goodwill | 45,653 | 45,653 |
| Intangible assets, net | 54,147 | 60,575 |
| Operating lease right-of-use assets | 67,076 | 50,400 |
| Restricted cash | 1,242,417 | — |
| Other assets, net | 63,692 | 32,061 |
| Total other noncurrent assets | 1,472,985 | 188,689 |
| Total assets | $5,781,898 | $4,381,956 |
| LIABILITIES & SHAREHOLDERS' EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $135,084 | $130,852 |
| Dividends payable | 25,024 | 25,194 |
| Accrued liabilities | 286,841 | 262,885 |
| Total current liabilities | 446,949 | 418,931 |
| Noncurrent Liabilities: | ||
| Long-term debt, net | 1,782,182 | 545,144 |
| Deferred income taxes | 495,481 | 517,809 |
| Other | 140,134 | 128,129 |
| Total noncurrent liabilities | 2,417,797 | 1,191,082 |
| Commitments and Contingencies (Note 16) | ||
| Shareholders' Equity: | ||
| Common stock, $0.10 par value, 160,000,000 shares authorized, 112,222,865 shares issued as of September 30, 2024 and 2023, and 98,755,412 and 99,426,526 shares outstanding as of September 30, 2024 and 2023, respectively | 11,222 | 11,222 |
| Preferred stock, no par value, 1,000,000 shares authorized, no shares issued | — | — |
| Additional paid-in capital | 518,083 | 525,369 |
| Retained earnings | 2,883,590 | 2,707,715 |
| Accumulated other comprehensive loss | (6,350) | (7,981) |
| Treasury stock, at cost, 13,467,453 shares and 12,796,339 shares as of September 30, 2024 and 2023, respectively | (489,393) | (464,382) |
| Total shareholders’ equity | 2,917,152 | 2,771,943 |
| Total liabilities and shareholders' equity | $5,781,898 | $4,381,956 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.