Is Helmerich & Payne Inc. (hp) A Buy?

Oil and gas drilling services contractor Helmerich & Payne Inc. (NYSE: HP) was crushed after oil prices tumbled in mid-2014. And for good reason, with its active U.S. land rig count falling a massive 70% in just six quarters. However, after hitting a bottom, things have started to turn around. Better yet, there appears to be another upgrade cycle taking shape that Helmerich & Payne is set to take advantage of, and that could make this drilling services company a buy -- but don't expect huge price gains from here.Helmerich & Payne's stock price fell more than 60% following the top in oil prices.

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BING NEWS:
  • What Wall Street expects from Helmerich Payne's earnings
    Helmerich Payne will report earnings from the last quarter on April 24.Analysts predict Helmerich Payne will release earnings per share of ...
    04/23/2024 - 3:27 am | View Link
  • Here's Why We Think Helmerich & Payne (NYSE:HP) Might Deserve Your Attention Today
    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story ...
    04/18/2024 - 1:02 am | View Link
  • Analysts Estimate Helmerich & Payne (HP) to Report a Decline in Earnings: What to Look Out for
    Helmerich & Payne (HP) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives ...
    04/17/2024 - 3:01 am | View Link
  • Helmerich & Payne (HP) Gets a Hold from RBC Capital
    RBC Capital analyst Keith Mackey maintained a Hold rating on Helmerich & Payne (HP – Research Report) on April 11 and set a price ...
    04/13/2024 - 7:36 pm | View Link
  • May 17th Options Now Available For Helmerich & Payne (HP)
    Investors in Helmerich & Payne, Inc. (Symbol: HP) saw new options become available today, for the May 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the ...
    03/14/2024 - 3:55 am | View Link
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