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Helmerich & Payne HP Cumulative Cost Basis
Cumulative Cost Basis at other companies
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Where this comes from
Reported directly by Helmerich & Payne in its filing.
Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentGross.
The source filing: Helmerich & Payne’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:16 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000046765-26-000042
| (in thousands) | Estimated Useful Lives | June 30, 2026 | September 30, 2025 |
|---|---|---|---|
| Tubulars | 4 years | 616,790 | 597,933 |
| Real estate properties | 10 - 45 years | 5,613 | 8,223 |
| Other | 2 - 23 years | 634,193 | 620,908 |
| Construction in progress1 | 161,097 | 182,942 | |
| 9,146,307 | 9,578,912 | ||
| Accumulated depreciation | (5,280,975) | (5,265,838) | |
| Property, plant and equipment, net | $3,865,332 | $4,313,074 | |
| Assets held-for-sale | $12,659 | $15,231 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Helmerich & Payne's cumulative cost basis?
- Helmerich & Payne (HP) reported cumulative cost basis of $9.15B in Q2 2026.
- How has Helmerich & Payne's cumulative cost basis changed year-over-year?
- Helmerich & Payne's cumulative cost basis decreased by 4.0% year-over-year, from $9.53B to $9.15B.
- What is the long-term trend for Helmerich & Payne's cumulative cost basis?
- Over 4 years (2021 to 2025), Helmerich & Payne's cumulative cost basis has grown at a 6.8% compound annual growth rate (CAGR), from $7.35B to $9.58B.
- What does cumulative cost basis mean?
- The aggregate historical cost basis of assets or liabilities before adjustments for fair value, impairment, or amortization.
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