Helmerich & Payne, Inc. — Director's Dealing 2004

Dec 3, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HELMERICH & PAYNE INC (HP)
CIK: 0000046765
Period of Report: 2004-12-01

Reporting Person: MARSHALL CHAPMAN PAULA (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-01	Common Stock (right to buy)	$32.02	A	2104	Acquired	2014-12-01	Common Stock (2104)	Direct

Footnotes

F1: These options were granted under the Helmerich & Payne, Inc. 2000 Stock Incentive Plan on 12/01/04. These options vested on the date of grant.