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Shares of Helmerich & Payne (NYSE:HP) were flat in after-market trading after the company reported Q4 results.
Earnings per share were down 294.74% over the past year to ($0.74), which beat the estimate of ($0.80).
Revenue of $208,267,000 decreased by 67.91% from the same period last year, which beat the estimate of $201,980,000.
Helmerich & Payne hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
52-week high: $47.33
Company's 52-week low was at $12.40
Price action over last quarter: Up 12.40%
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. tight oil and gas basin and also has a small presence internationally.
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