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Helmerich & Payne, a provider of contract drilling services for onshore oil and gas wells, is based in Tulsa, Oklahoma. The company operates a substantial fleet of drilling rigs and offers comprehensive related exploration services, primarily serving the oil and gas industry through dayrate contracts with exploration and production companies. Reflecting its operational scale, the firm reported approximately 2,500 employees and $393.2 million in sales as of 1996. Helmerich & Payne has been a publicly traded entity on the New York Stock Exchange since around 1959, celebrating over 60 years of continuous listing and market presence. Key figures in the organization include Chairman Hans Helmerich and President and CEO Trey Adams III. Helmerich & Payne was founded in 1920 by Walter Helmerich II and William Payne.
Key people at Helmerich & Payne.
Helmerich & Payne was founded in 1920 by Walt Helmerich II (Co-Founder).
Helmerich & Payne was founded in 1920 by Walt Helmerich II (Co-Founder).
Helmerich & Payne has 3 tracked investments across 2 companies. The latest tracked deal is $244.0M Other Equity in Fervo Energy in February 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 29, 2024 | Fervo Energy | $244.0M Other Equity | David Harris | John Arnold, Capricorn Investment Group, Congruent Ventures, Data Collective, Elemental Excelerator, Galvanize Climate Solutions, Impact Science Ventures, Liberty Mutual Investments, Marunouchi Innovation Partners, Mercuria, Mitsubishi Heavy Industries |
| Jan 31, 2023 | Eavor | $7.5M Other Equity | BP Ventures | — |
| Aug 1, 2022 | Fervo Energy | $140.0M Series C | Matt Trevithick | Breakthrough Energy Ventures, Future Ventures, 3X5 Partners, Capricorn Investment Group, Congruent Ventures, Elemental Excelerator, Grantham Foundation, Impact Science Ventures, Chris Wright, Macquarie, Prelude Ventures |
