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Helmerich & Payne, Inc. Message Board

  • wrcdonovan@gmail.com wrcdonovan Mar 13, 2013 10:57 PM Flag

    can someone please explain what are the primary movers for Helmerich & Payne? commodity prices, options, fear or other

    want your opinions ON Helmerich & Payne not Hewlett Packard!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The primary driver is clearly the technology which gives it stable pricing and increasing revenues regardless of fluctuations in commodity prices. Obviously higher prices in oil and gas will help, but the FlexRig is needed to access in areas where we could not reach or it was not economically viable to keep wells in years past. The primary driver will continue to simply be utilization rates and unlike other suppliers they have a unique product so they have pricing power.

 
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