General Info
Helmerich & Payne is a contract drilling company that focuses on the drilling of oil and gas wells for exploration.
Location: Tulsa
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Investment Stages: late-stage
Website: https://www.helmerichpayne.com/
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🤖 AI Activity Report
Status: active
AI Reasoning: Found a press announcement on Helmerich & Payne’s website stating H&P participated in a funding round for Fervo Energy (startup) referenced as occurring “late this summer” with a BusinessWire link dated August 22, 2022; however more recent activity: Helmerich & Payne completed acquisition of KCA Deutag in July 2024 (SEC filing). The most recent identified investment-style activity in startups/ventures is H&P’s participation in Fervo Energy’s round (Aug 2022), which is more than 12 months before the assessment date, but H&P also joined an energy-technology investment consortium reported Sep 8, 2023. That 2023 participation places their last known investment within the 12-to-6 month window relative to the assessment date, leading to the classification provided.
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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