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HP – Helmerich and Payne Inc

Compliant

The company is Shariah Compliant, according to AAOIFI methodology.

Helmerich & Payne, Inc. provides drilling solutions and technologies for oil and gas exploration and production companies. The Company is engaged in the designing, fabrication and operation of drilling rigs in conventional and unconventional plays around the world. Its fleet includes approximately 236 land rigs in the United States, 28 international land rigs and seven offshore platform rigs. It operates through three segments. North America Solutions segment operations are primarily located in Texas and also operate in other states, depending on demand. Such states include Colorado, Louisiana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, West Virginia and Wyoming. Offshore Gulf of Mexico segment’s operations are conducted in Louisiana and in United States federal waters in the Gulf of Mexico. International Solutions segment’s operations have rigs and/or services primarily located in four international locations: Argentina, Bahrain, Colombia and United Arab Emirates.

AAOIFI ✓

Debt ÷ Market cap (MC)13.94
Non-Compliant Assets ÷ MC3.01
Impure Income (incl. Interest)0.88
Impure Income%
Interest Income0.88%
Total0.88%

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