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Helmerich and Payne Inc

Common Name
Helmerich and Payne
Country
United States
Sector
Energy
Industry
Oil & Gas Drilling
Employees
15,700
Ticker
HP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Helmerich & Payne Inc. is a leading provider in the oil and gas drilling industry, primarily engaged in hydrocarbon exploration. The company specializes in contract drilling services and operates a su...

Helmerich and Payne's GHG Emissions Data Preview

In 2024, Helmerich and Payne completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Helmerich and Payne has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Helmerich and Payne’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Helmerich and Payne’s data sources below and access millions more through our Disclosure Search.

a. Helmerich and Payne's Sustainability Report 2024
a. Helmerich and Payne's Sustainability Report 2024
b. Helmerich and Payne's Sustainability Report 2023
b. Helmerich and Payne's Sustainability Report 2023

Insights into Helmerich and Payne's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofHelmerich and Payne amounted to1,083,200metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Helmerich and Paynedecreased by 8.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Helmerich and Payne's Scope 1 Emissions Over Time

20212022202320240300 k600 k900 k1.2 MtCO2e+47%+6%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Helmerich and Payne's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Helmerich and Payne were 1,036,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Helmerich and Payne reduced its Scope 1 emissions over time?

Since 2021, Helmerich and Payne's Scope 1 emissions have increased by 40.95%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Helmerich and Payne's Scope 1 emissions decreased by 9.28%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Helmerich and Payne's Scope 2 emissions?

In 2024, Helmerich and Payne reported Scope 2 greenhouse gas (GHG) emissions of 57,400 tCOâ‚‚e using the market-based method and 47,200 tCOâ‚‚e using the location-based method.a

Has Helmerich and Payne reduced its Scope 2 emissions over time?

Since 2021, Helmerich and Payne's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 649.21%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Helmerich and Payne's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Helmerich and Payne's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Helmerich and Payne use for Scope 2 reporting?

In 2024, Helmerich and Payne reported its Scope 2 emissions using the market-based method and using the location-based method.a

Helmerich and Payne's Scope 2 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Helmerich and Payne’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Helmerich and Payne reported Scope 1 greenhouse gas (GHG) emissions of 1,036,000 tCOâ‚‚e and total revenues of USD 2,757 millions. This translates into an emissions intensity of 375.82 tCOâ‚‚e per millions USD.a

Helmerich and Payne's Scope 1 Emissions Intensity Compared to Peers

1050050,0005,000,000200,000,000Scope 1 Emissions (tCO2e)2002,00010,000100,000500,000Revenues (Millions of USD)HAntero MidstreamYear: 2024Scope 1: 2,002,955 tCO2eRevenue: $M 1,177Scope 1 Intensity: 1,701.94 tCO2e/$MKosmos EnergyYear: 2024Scope 1: 14,031 tCO2eRevenue: $M 1,675Scope 1 Intensity: 8.37 tCO2e/$MTidewaterYear: 2024Scope 1: 1,129,008 tCO2eRevenue: $M 1,346Scope 1 Intensity: 838.89 tCO2e/$MCrescent EnergyYear: 2023Scope 1: 1,685,913 tCO2eRevenue: $M 2,383Scope 1 Intensity: 707.59 tCO2e/$MTalos EnergyYear: 2024Scope 1: 894,810 tCO2eRevenue: $M 1,974Scope 1 Intensity: 453.40 tCO2e/$MKinetik HoldingsYear: 2024Scope 1: 2,377,360 tCO2eRevenue: $M 1,483Scope 1 Intensity: 1,603.15 tCO2e/$MVital EnergyYear: 2023Scope 1: 663,046 tCO2eRevenue: $M 1,548Scope 1 Intensity: 428.43 tCO2e/$MArchrockYear: 2024Scope 1: 19,797 tCO2eRevenue: $M 1,158Scope 1 Intensity: 17.10 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MComstock ResourcesYear: 2024Scope 1: 328,836 tCO2eRevenue: $M 1,254Scope 1 Intensity: 262.32 tCO2e/$MAlliance Resource PartnersYear: 2023Scope 1: 2,521,512 tCO2eRevenue: $M 2,567Scope 1 Intensity: 982.39 tCO2e/$MCNX ResourcesYear: 2024Scope 1: 484,380 tCO2eRevenue: $M 1,439Scope 1 Intensity: 336.56 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MHHHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$MNorthern Oil and GasYear: 2024Scope 1: 17 tCO2eRevenue: $M 2,154Scope 1 Intensity: 0.01 tCO2e/$MMRC GlobalYear: 2024Scope 1: 14,564 tCO2eRevenue: $M 3,011Scope 1 Intensity: 4.84 tCO2e/$MNobleYear: 2024Scope 1: 871,060 tCO2eRevenue: $M 3,058Scope 1 Intensity: 284.86 tCO2e/$MCalifornia ResourcesYear: 2024Scope 1: 4,467,797 tCO2eRevenue: $M 2,931Scope 1 Intensity: 1,524.33 tCO2e/$MAPA Corp (US)Year: 2024Scope 1: 6,225,000 tCO2eRevenue: $M 9,737Scope 1 Intensity: 639.31 tCO2e/$MChevronYear: 2024Scope 1: 53,000,000 tCO2eRevenue: $M 193,414Scope 1 Intensity: 274.02 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MKodiak Gas ServicesYear: 2024Scope 1: 30,445 tCO2eRevenue: $M 1,159Scope 1 Intensity: 26.26 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MOceaneering InternationalYear: 2024Scope 1: 30,928 tCO2eRevenue: $M 2,661Scope 1 Intensity: 11.62 tCO2e/$MHelmerich and PayneYear: 2024Scope 1: 1,036,000 tCO2eRevenue: $M 2,757Scope 1 Intensity: 375.82 tCO2e/$M

How does Helmerich and Payne's GHG emissions intensity compare to its peers?

In 2024, Helmerich and Payne reported a Scope 1 emissions intensity of 375.82 tCOâ‚‚e per millions USD. Compared to the peer group median of 326.89, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Helmerich and Payne rank on GHG emissions intensity within its industry?

In 2024, Helmerich and Payne ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Helmerich and Payne is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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