HELMERICH & PAYNE, INC. HP Income Statement

Helmerich & payne, inc. (HP)

Income statement / Yearly

Sep'19	Sep'18	Sep'17	Sep'16	Sep'15	Sep'14	Sep'13	Sep'12	Sep'11	Sep'10	Sep'09	Sep'08	Sep'07
Operating revenues
Contract drilling services
2,785	2,474	1,792	1,624	3,161	3,715	3,387	3,151	2,543	1,875	1,843	1,869	1,629
Other
12	12	12	13	14	13	13	14	15	12	10	11	11
Total operating revenues
2,798	2,487	1,804	1,610	2,523	3,099	2,785	2,678	2,100	1,412	1,441	1,542	1,174
Drilling - Offshore
-	-	-	-	241	251	221	189	201	202	204	154	123
Drilling - International Land
-	-	-	-	382	351	366	270	226	247	187	161	320
Operating costs and expenses
Contract drilling services operating expenses, excluding depreciation and amortization
1,803	1,647	1,244	892	1,703	2,006	1,852	1,750	1,432	1,071	944	987	862
Other operating expenses
5	5	4	6	-	-	-	-	-	-	-	-	-
Depreciation and amortization
562	583	585	598	608	523	455	387	315	262	227	195	146
Research and development
27	18	12	10	16	15	15	16	15	12	9	1	-
Selling, general and administrative
194	199	147	146	134	135	126	107	91	81	58	56	47
Asset impairment charge
224	23	0	6	39	-	-	-	-	-	-	-	-
Acquired in-process research and development
-	-	-	-	-	-	-	-	-	-	-	11	-
Gain (Loss) on Disposition of Assets
39	22	20	9	11	19	18	19	13	4	5	13	41
Gain from involuntary conversion of long-lived assets
-	-	-	-	-	-	-	-	-	-	0	10	16
Total operating costs and expenses
2,777	2,454	1,973	1,650	2,489	2,662	2,430	2,242	1,841	1,423	1,234	1,229	997
Operating Income (Loss)
20	32	-169	-25	671	1,053	956	909	702	451	608	640	632
Nonoperating Income (Expense) [Abstract]
Interest and dividend income
9	8	5	3	5	1	1	1	1	1	2	3	4
Interest expense
25	24	19	22	15	4	6	8	17	17	13	18	10
Gain (Loss) on Investments
-54	0	0	-25	-	45	162	-	0	-	-	21	65
Other
-1	-0	-1	-0	-0	-0	-0	0	-0	1	0	-1	-1
Total other income (expense)
-71	-17	-15	-46	-10	41	157	-7	-15	-13	-10	5	58
Income (loss) from continuing operations before income taxes
-51	15	-184	-72	661	1,094	1,114	902	687	438	598	645	690
Income Tax Expense (Benefit)
-18	-477	-56	-19	241	388	392	328	252	152	227	242	250
Equity in income of affiliate net of income taxes
-	-	-	-	-	-	-	-	-	-	10	17	9
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-32	493	-127	-52	420	706	721	573	434	286	380	420	-
Income from discontinued operations before income taxes
32	23	3	2	-0	2	14	7	-0	-125	-22	54	-
Income tax provision
33	33	3	6	-0	2	-0	-0	-0	3	4	12	-
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-1	-10	-0	-3	-0	-0	15	7	-0	-129	-27	41	-
Net income (loss)
-33	482	-128	-56	420	706	736	581	434	156	353	461	449
Basic earnings (loss) per common share:
Income (loss) from continuing operations (in dollars per share)
-0.33	4.49	-1.20	-0.50	3.88	6.52	6.75	5.35	4.06	2.70	3.61	4.02	-
Loss from discontinued operations (in dollars per share)
-0.01	-0.10	0.00	-0.04	-	-	0.14	0.07	-	-1.23	-0.26	0.40	-
Net income (loss) (in dollars per share)
-0.34	4.39	-1.20	-0.54	3.88	6.52	6.89	5.42	4.06	1.47	3.35	4.42	4.35
Diluted earnings (loss) per common share:
Income (loss) from continuing operations (in dollars per share)
-0.33	4.47	-1.20	-0.50	3.85	6.44	6.65	5.27	3.99	2.66	3.56	3.93	-
Loss from discontinued operations (in dollars per share)
-0.01	-0.10	0.00	-0.04	-	-	0.14	0.07	-	-1.21	-0.25	0.39	-
Net income (loss) (in dollars per share)
-0.34	4.37	-1.20	-0.54	3.85	6.44	6.79	5.34	3.99	1.45	3.31	4.32	4.27
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted Average Number of Shares Outstanding, Basic
109	108	108	107	107	107	106	106	106	105	105	104	103
Weighted Average Number of Shares Outstanding, Diluted
109	109	108	107	108	109	107	108	108	107	106	106	105