Who owns H&P?
H&P is owned by Helmerich & Payne (the United States, NYSE: HP).[1]
Evidence: Helmerich & Payne, Inc. Annual Report on Form 10-K filed 2025-11-21, SEC EDGAR, 21 November 2025. Verified from filings; last checked .
Key facts
- Current owner
- Helmerich & Payne, Inc. verified
- Owner HQ
- 🇺🇸 United States, Tulsa
- Origin
- 🇺🇸 United States
- Category
- Energy › Oil & gas › Oilfield services & drilling
- Parent ticker
- NYSE: HP
- Last verified
- · 1 sources
About H&P
H&P provides contract land drilling and drilling technologies, reporting North America Solutions, International Solutions and Offshore Solutions segments. Its International Solutions segment now includes the acquired KCA Deutag land operations.
What Helmerich & Payne's annual report says about H&P
Sentences about H&P from Helmerich & Payne's latest annual filing[1], copied word for word.
KCA Deutag Acquisition On January 16, 2025 (the "Closing Date" or "Acquisition Date"), H&P completed its acquisition of the entire issued share capital (the "Acquisition") of KCA Deutag International Limited ("KCA Deutag") pursuant to the Sale and Purchase Agreement (the "Purchase Agreement").
H&P paid aggregate cash consideration of approximately $2.0 billion, which consisted of the share purchase price of $0.9 billion and $1.1 billion which was used to contemporaneously repay or redeem certain of KCA Deutag's existing debt, including, as applicable, the payment of all accrued and unpaid interest, premiums, and fees.
We operate legacy H&P vertically integrated facilities for manufacturing, upgrades, retrofits, modifications, overhauls, recertification, and repairs of our rigs and equipment.
How often Helmerich & Payne names H&P in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named more often than it was three years earlier.
Ownership timeline of H&P
- Current owner Helmerich & Payne [1] verified
Where H&P sits in Helmerich & Payne
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Helmerich & Payne ownership tree →
See the full Helmerich & Payne brand portfolio (3) →
Other brands owned by Helmerich & Payne
Helmerich & Payne controls 3 brands on Brandtree, 3 of them in energy.
Also in energy
Other brands in oilfield services & drilling, and who owns them
The 17 brands in oilfield services & drilling on Brandtree belong to 9 owners. The largest is Tenaris, with 4; Helmerich & Payne has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| Algoma Tubes | Tenaris | 🇱🇺 Luxembourg |
| Bently Nevada | Baker Hughes | 🇺🇸 United States |
| Pintail Completions | RPC | 🇺🇸 United States |
| ChampionX | SLB | 🇺🇸 United States |
| FlexSteel | Cactus | 🇺🇸 United States |
| Citadel Casing Solutions | Innovex | 🇺🇸 United States |
| Ulterra | Patterson-UTI | 🇺🇸 United States |
| PROPWR | ProPetro | 🇺🇸 United States |
About the owner: Helmerich & Payne
Helmerich & Payne is a publicly listed company headquartered in Tulsa, United States. Brandtree records 3 brands under its control, and it is listed as NYSE: HP.
Helmerich & Payne is a Delaware company in Tulsa that its fiscal 2025 Form 10-K says was incorporated on 3 February 1940 as successor to a business organised in 1920. On 16 January 2025 it completed the acquisition of the entire share capital of KCA Deutag International Limited for about $2.0 billion including debt repaid.
Helmerich & Payne: full profile, brands and acquisition history →
🇺🇸 H&P and other American brands
Brandtree records a controlling owner for 2,399 brands that began in the United States. 461 of them (19%) are now controlled by a company headquartered in another country; H&P is not one of them.
- AES Ohio — AES 🇺🇸
- Agway Energy Services — Suburban Propane 🇺🇸
- Alabama Power — Southern Company 🇺🇸
- AmeriGas — UGI 🇺🇸
- American Transmission Company — WEC Energy Group 🇺🇸
- Arch Resources — Core Natural Resources 🇺🇸
Frequently asked questions
Who is the parent company of H&P?
The parent company of H&P is Helmerich & Payne, a publicly listed company headquartered in the United States.
Is H&P American?
Yes. H&P originated in the United States and its owner, Helmerich & Payne, is also headquartered in the United States.
Is H&P still owned by Helmerich & Payne?
Yes. As of 10 October 2026, H&P is still owned by Helmerich & Payne. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Helmerich & Payne, Inc. Annual Report on Form 10-K filed 2025-11-21 — SEC EDGAR, SEC Form 10-K, published 21 November 2025; retrieved 5 October 2026.
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