Helmerich & Payne, Inc.
In their words
“Our publics, they've gone down year after year by about 9 rigs. Our privates actually churn at about 4x of what the publics do”
“We also still anticipate contractual churn throughout the year similar to what we experienced in 2022, possibly averaging around 15 rigs per quarter”
“Fourth fiscal quarter, only 1 rig was reactivated out of stack in the quarter. That same quarter, however, we experienced a churn of 14 rigs”
NPS disclosures (0)
No NPS disclosures yet.
Retention disclosures (4)
Churn (public E&Ps North America): 9% (FY2025) — “Our publics, they've gone down year after year by about 9 rigs. Our privates actually churn at about 4x of what the publics do”
Churn (North America Solutions): 15% (FY2023 expected) — “we also still anticipate contractual churn throughout the year similar to what we experienced in 2022, possibly averaging around 15 rigs per quarter”
Churn (North America Solutions): 14% (Q4 2022) — “fourth fiscal quarter, only 1 rig was reactivated out of stack in the quarter. That same quarter, however, we experienced a churn of 14 rigs”
Churn (North America Solutions): 18% (Q3 2022) — “we actually had 18 rigs that were given back to us for various reasons. Customers, going through their budget too fast, acreage position, the list goes on and on”
Lighthouse companies in Energy & utilities
About these figures
Every figure here was publicly disclosed by the named company: press releases, annual reports, SEC filings, earnings calls and news coverage. Companies tend to publish their NPS when it is good, so these numbers run higher than a true industry average: read them as what leading companies in this vertical say publicly, not as an industry benchmark.
NPS runs from −100 to +100. Retention figures are reported as the company defines them (net revenue retention, gross revenue retention, customer retention rate, churn). Every entry links to its source in the full database.