On this page of StockholderLetter.com we present the latest annual shareholder letter from Helmerich & Payne, Inc. — ticker symbol HP. Reading current and past HP letters to shareholders can bring important insights into the investment thesis.
2025 Annual Report
The H&P Way The H&P Way is a core set of pillars that define our purpose, core values and the behaviors that guide our culture. Our Purpose Improving lives through efficient and responsible energy. What We Do We combine safety, innovation and performance with a goal of delivering excellence in every well. Our Values Our values reflect who we are and the way we interact with one another, our customers, partners and shareholders. Actively C.A.R.E.TM Service Attitude Innovative Spirit We are expected to treat one another with respect. We should do our part and more for those around us. We constantly work to improve and try new approaches. We care about each other. We should consider the needs of others and provide solutions to meet their needs. We seek to make decisions with the long-term view in mind. We promote controlling and removing exposures for ourselves and others. Teamwork Do The Right Thing We should listen to one another and work toward a common goal. We should be honest and transparent. We should collaborate to achieve results and focus on success for our customers and shareholders. We aim to tackle tough situations and speak up when needed.
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HP Shareholder/Stockholder Letter Transcript:

2025
Annual Report

The H&P Way
The H&P Way is a core set of pillars that define our purpose, core values
and the behaviors that guide our culture.
Our Purpose
Improving lives through efficient and responsible energy.
What We Do
We combine safety, innovation and performance with a goal of delivering
excellence in every well.
Our Values
Our values reflect who we are and the way we interact with one another,
our customers, partners and shareholders.
Actively C.A.R.E.TM
Service Attitude
Innovative Spirit
We are expected to treat one another with
respect.
We should do our part and more for those
around us.
We constantly work to improve and try
new approaches.
We care about each other.
We should consider the needs of others
and provide solutions to meet their needs.
We seek to make decisions with the
long-term view in mind.
We promote controlling and removing
exposures for ourselves and others.
Teamwork
Do The Right Thing
We should listen to one another and work
toward a common goal.
We should be honest and transparent.
We should collaborate to achieve results
and focus on success for our customers
and shareholders.
We aim to tackle tough situations and
speak up when needed.



shareholder letter icon 1/22/2026 Letter Continued (Full PDF)
 

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