Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information and Dividends
The principal market on which our common stock is traded is the New York Stock Exchange under the symbol “HP.” As of November 9, 2022, there were 369 record holders of our common stock as listed by our transfer agent’s records.
We have paid quarterly cash dividends on our common stock during the past two fiscal years. Payment of future dividends will depend on earnings and other factors and is subject to Board approval.
Performance Graph
The following performance graph reflects the yearly percentage change in our cumulative total stockholder return on common stock as compared with the cumulative total return on the S&P 600 Index, Dow Jones U.S. Select Oil Equipment & Services Index, and Philadelphia Stock Exchange Oil Service Sector Index. All cumulative returns assume an initial investment of $100, the reinvestment of dividends and are calculated on a fiscal year basis ending on September 30 of each year.
Indexed Returns
Base Period Years Ending
Company / Index Sep 2017 Sep 2018 Sep 2019 Sep 2020 Sep 2021 Sep 2022
Helmerich & Payne, Inc. $ 100.00 $ 137.00 $ 88.00 $ 43.00 $ 70.00 $ 90.00
S&P 600 Index 100.00 120.00 108.00 100.00 157.00 127.00
Dow Jones U.S. Select Oil Equipment & Services Index 100.00 102.00 52.00 22.00 42.00 45.00
Philadelphia Stock Exchange Oil Service Sector Index 100.00 107.00 48.00 21.00 43.00 46.00
2022 FORM 10-K | 36
Table of Contents
The above performance graph and related information shall not be deemed to be “soliciting material” or to be “filed” with the SEC or subject to Regulation 14A or 14C under the Exchange Act or to the liabilities of Section 18 of the Exchange Act, and shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent we specifically incorporate it by reference into such a filing.
ITEM 6. (RESERVED)
Reserved.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.