MASHINIi

Helmerich & Payne.

HP.US | Support activities for petroleum and natural gas extraction

Helmerich & Payne, Inc. is a contract drilling company. It operates as a holding company with subsidiaries engaged in drilling oil and gas wells for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International ...Show More

Ethical Profile

Mixed.

Helmerich & Payne (H&P), an oil and gas drilling company, has faced scrutiny over its operational safety and environmental footprint. Reports indicate a history of safety violations, with penalties totaling over $8.5 million since 2000. In 2024, a fatality occurred on an H&P rig, and two others were hospitalized following a crane accident. Critics point to the company's core business of fossil fuel extraction as inherently conflicting with planet-friendly practices, noting its performance is reportedly below average compared to peers in areas like electrification and carbon capture. The company's operations also inherently generate waste, posing challenges to zero-waste principles.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech40
-100100
Zero Waste & Sustainable Products-20
-100100

Better Health for All

0

Helmerich & Payne's core business of drilling oil and gas wells has no direct positive or negative health impact on the general public, and it does not generate revenue from products with direct health impacts. The company does not offer health-related products or services, nor does it collect or manage health data. Its operations do not involve preventative health, mental health, or healthcare workforce development. Workplace safety incidents, such as the fatality and two hospitalizations in June 2024, and environmental pollution penalties, such as the $6.4 million in oil or gas drilling violations since 2000, are explicitly excluded from the scope of the 'Better Health for All' value.

1

Fair Money & Economic Opportunity

0

No evidence available to assess Helmerich & Payne on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

0

No evidence available to assess Helmerich & Payne on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No evidence available to assess Helmerich & Payne on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-20

The company has reported no ethics-related regulatory fines in the past three years. Historically, in 2009, the company paid approximately $1.37 million in combined fines and penalties to the DOJ and SEC for violating FCPA books and records and internal controls provisions.

1
These violations were related to improper payments made by its subsidiaries in Argentina and Venezuela between 2003 and 2008.
2
The company voluntarily disclosed these historical violations and cooperated with regulators, undertaking extensive remedial efforts.
3
A whistleblower policy is in place, prohibiting retaliation and offering an ethics hotline.
4
Historically, an employee voluntarily disclosed the improper payments during an FCPA training session.
5
However, the articles do not provide evidence of independent investigation processes for reports. As part of a 2009 Non-Prosecution Agreement, the company committed to implementing and enhancing its anti-corruption compliance policies, including worldwide FCPA training for key employees, a rigorous internal control system, and appropriate due diligence requirements with audit rights for agents and business partners.
6

Kind to Animals

0

Helmerich & Payne, Inc. is a contract drilling company for oil and gas wells. Due to the nature of its business, most animal welfare KPIs, such as those related to cruelty-free products, animal testing, animal agriculture, or animal-derived inputs, are not applicable. The provided articles focus on general sustainability reporting and operational efficiency in drilling, with no specific data on animal welfare initiatives or impacts. No evidence was found regarding wildlife conservation impact, leading to its omission.

No War, No Weapons

0

The company operates as a contract drilling company for oil and gas wells.

1
No evidence was found in the provided articles to indicate any revenue derived from arms or defense contracts, nor any involvement in defense-related activities in its core business.
2

Planet-Friendly Business

0

No evidence available to assess Helmerich & Payne on Planet-Friendly Business.

Respect for Cultures & Communities

0

The provided articles do not contain specific, quantifiable evidence for any of the KPIs related to Respect for Cultures & Communities.

1
There is no information regarding formal partnerships with indigenous or local community groups, revenue reinvested in local development, cultural appropriation incidents, or cultural impact assessment protocols.
2
Similarly, no data is available on local employment ratios, grievance mechanisms for community concerns, average complaint resolution times, FPIC participation rates, community governance inclusion, cultural preservation investment, local procurement share, or indigenous supplier count.
3
Furthermore, there is no evidence concerning cultural site protection, social license to operate, charitable giving to cultural heritage organizations, community fund allocation, language inclusivity, cultural incident response, or the percentage of employees completing cultural sensitivity training.
4

Safe & Smart Tech

40

Helmerich & Payne has significantly improved its incident management capabilities, reducing incident management time from hours to minutes through the implementation of resilienceOS.

1

Zero Waste & Sustainable Products

-20

Helmerich & Payne International Drilling Company received a $6,400,000 penalty for an oil or gas drilling violation in 2013.

1
This violation occurred outside the past three years from the latest article date.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.