Helmerich and Payne Inc

Common Name
Helmerich and Payne
Country
United States
Sector
Energy
Industry
Oil & Gas Drilling
Employees
7,000
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 2023, 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Helmerich and Payne's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Helmerich and Payne amounted to 1,185,300 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Helmerich and Payne increased by 6.09%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Helmerich and Payne's Scope 1 Emissions Over Time

2021202220230300 k600 k900 k1.2 MtCO2e+47%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Helmerich and Payne's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Helmerich and Payne were 1,142,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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

Since 2021, Helmerich and Payne's Scope 1 emissions have increased by 55.37%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Helmerich and Payne's Scope 1 emissions increased by 5.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Helmerich and Payne's Scope 2 emissions?

In 2023, Helmerich and Payne reported Scope 2 greenhouse gas (GHG) emissions of 46,300 tCOâ‚‚e using the market-based method, and 43,300 tCOâ‚‚e using the location-based method.

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 587.3%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Helmerich and Payne's Scope 2 emissions (Location-Based) rose by 16.09% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

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

In 2023, Helmerich and Payne reported its Scope 2 emissions using the market-based method and using the location-based method.

Helmerich and Payne's Scope 2 Emissions Over Time

202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
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