HP - Helmerich & Payne, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
55.35
-0.13 (-0.24%)
As of 9:35AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close55.48
Open57.39
Bid54.29 x 1100
Ask58.67 x 800
Day's Range55.27 - 55.51
52 Week Range44.56 - 73.74
Volume21,199
Avg. Volume1,173,216
Market Cap6.116B
Beta (3Y Monthly)1.65
PE Ratio (TTM)83.48
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.84 (4.85%)
Ex-Dividend Date2019-05-10
1y Target EstN/A
Trade prices are not sourced from all markets
  • Is Helmerich & Payne, Inc. (HP) A Good Stock To Buy?
    Insider Monkey8 days ago

    Is Helmerich & Payne, Inc. (HP) A Good Stock To Buy?

    Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The fourth quarter of 2018 is one of those periods, as the Russell […]

  • Why Apple Stock Could Drop Below $100 by the End of 2019
    InvestorPlace14 days ago

    Why Apple Stock Could Drop Below $100 by the End of 2019

    Apple (NASDAQ:AAPL) stock rose slightly in the wake of its fiscal-second-quarter results announced last week. Moreover, even accounting for this morning's near-2% drop, AAPL stock has rallied 33% so far this year.Source: Shutterstock However, the results, for reasons I will explain below, strengthen my thesis that Apple's main moneymaker, iPhone, is weakening meaningfully and that its strategy of using the growth of its Services revenue to offset iPhone's declining metrics isn't going to work.Eventually, many of the current owners of Apple stock will realize that the strategy won't work, and they will sell their shares, potentially causing tAAPL stock to drop slightly under $100 by the end of this year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips AAPL Stock's Services Revenue Growth Is SlowingAs Apple stock jumped amid the increase in the company's dividend and share buybacks, and Tim Cook's celebration of record Services revenue, the deceleration in the growth of Apple's Services business seemed to have been totally overlooked. Nonetheless, Services revenue increased 16% year-over-year last quarter, down from the 19% YoY gain in the previous quarter. * 7 Energy Stocks to Buy to Light Up Your Portfolio Those who are bullish on AAPL can make some valid arguments about why the growth may have decelerated. For example, Q1 is much seasonally stronger than Q2, and growth will inevitably decelerate, due to the Law of Large Numbers.Still, the fact that the growth of the unit that's supposed to rescue Apple stock slowed is definitely a very bad sign for AAPL stock. Services Revenue Growth Isn't Enough for Apple StockThis one is pretty simple. Apple's Product revenue dropped by a bit less than $5 billion year-over-year, driven a great deal by the iPhone revenue decline and a bit by a YoY Mac sales slump, while Services revenues increased $1.6 billion YoY. Also not helping is the fact that the cost of Services revenue rose nearly $350 million YoY, or over 20% of the Services revenue increase.But the main point is that, as things stand now, the increase in Services revenue isn't coming close to make up for the decline in the company's Product sales. Streaming and Innovation Won't Be the AnswerAs I've written several times previously, streaming won' be the answer for Apple stock. There's tons of competition in the streaming sector, with everyone from Netflix (NASDAQ:NFLX) to Comcast (NASDAQ:CMCSA) to Disney (NYSE:DIS) to Amazon (NASDAQ:AMZN) already in the space or preparing to get in it. And given Apple's lack of original programming, its streaming offering probably won't be extremely popular.Nor is technical innovation very likely to rescue Apple stock. A couple of years ago, I used to be one of the few who realized that AAPL under Tim Cook wasn't very innovative. Now many people are writing about that issue. So anyone who expects some sort of new invention to rescue AAPL stock is very likely to be sorely disappointed. Valuing Apple StockWithin six months, I think investors will finally realize that Services won't enable AAPL's revenue to grow going forward and won't rescue AAPL stock. At that point, the valuation of Apple stock will drop to the level of other, older tech names that have some good products but aren't growing.HP (NYSE:HPQ) and IBM (NYSE:IBM) come to mind. HP is trading at nine times analysts' consensus 2019 earnings per share estimate, while IBM is trading at 10 times the consensus 2019 EPS estimate.Let's say that in six months, analysts' consensus 2020 EPS estimate for AAPL is 20% below its current $12.76, as analysts realize that Apple's streaming offering isn't going to be very profitable. That would drop the consensus estimate to $10.21. If we put a 9.5 multiple on Apple stock, which is halfway between the multiples of HP stock and IBM, we get a six-month price target for AAPL stock of $97.I think it could definitely happen.As of this writing, the author did not own shares of any of the companies mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Energy Stocks to Buy to Light Up Your Portfolio * 10 Vice Stocks to Spice Up Your Portfolio * 7 of the Best ETFs to Buy for a Slowing Economy Compare Brokers The post Why Apple Stock Could Drop Below $100 by the End of 2019 appeared first on InvestorPlace.

  • Helmerich & Payne Surprises Wall Street With Blowout Earnings
    Motley Fool22 days ago

    Helmerich & Payne Surprises Wall Street With Blowout Earnings

    The comapny was able to exceed expectations for the second quarter in row despite the weaker oil and gas services market.

  • Thomson Reuters StreetEvents23 days ago

    Edited Transcript of HP earnings conference call or presentation 25-Apr-19 3:00pm GMT

    Q2 2019 Helmerich and Payne Inc Earnings Call

  • Moody's24 days ago

    Helmerich & Payne Intl. Drilling Co. -- Moody's announces completion of a periodic review of ratings of Helmerich & Payne, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Helmerich & Payne, Inc. New York, April 26, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Helmerich & Payne, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Helmerich & Payne Inc (HP) Q2 2019 Earnings Call Transcript
    Motley Fool24 days ago

    Helmerich & Payne Inc (HP) Q2 2019 Earnings Call Transcript

    HP earnings call for the period ending March 31, 2019.

  • Helmerich & Payne (HP) Q2 Earnings Top on U.S. Land Strength
    Zacks25 days ago

    Helmerich & Payne (HP) Q2 Earnings Top on U.S. Land Strength

    Helmerich & Payne's U.S. Land segment represents 90% of its total fleet and makes up more than 85% of the contract drilling service provider's revenues.

  • Associated Press26 days ago

    Helmerich & Payne: Fiscal 2Q Earnings Snapshot

    The Tulsa, Oklahoma-based company said it had profit of 55 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, were 66 cents per share. The results topped ...

  • 3 Energy Stocks With High Forward Dividend Yields
    GuruFocus.com27 days ago

    3 Energy Stocks With High Forward Dividend Yields

    Kinder Morgan tops the list

  • Key Factors to Impact Helmerich & Payne's (HP) Q2 Earnings
    Zacks28 days ago

    Key Factors to Impact Helmerich & Payne's (HP) Q2 Earnings

    In fiscal Q2, slowdown in domestic onshore drilling activity could impact Helmerich & Payne's (HP) largest segment - U.S. Land.

  • Helmerich & Payne (HP) Reports Next Week: Wall Street Expects Earnings Growth
    Zackslast month

    Helmerich & Payne (HP) Reports Next Week: Wall Street Expects Earnings Growth

    Helmerich & Payne (HP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Investors Who Bought Helmerich & Payne (NYSE:HP) Shares Five Years Ago Are Now Down 45%
    Simply Wall St.last month

    Investors Who Bought Helmerich & Payne (NYSE:HP) Shares Five Years Ago Are Now Down 45%

    While not a mind-blowing move, it is good to see that the Helmerich & Payne, Inc. (NYSE:HP) share price has gained 17% in the last three months. But if you look at the last five years the returns have not been good. You wo...

  • 5 Energy Stocks Rising as Crude Oil Soars
    InvestorPlacelast month

    5 Energy Stocks Rising as Crude Oil Soars

    U.S. equities rallied again on Friday, with the S&P 500 making its third straight weekly gain. Some positive China trade headlines as well as solid credit data are bolstering sentiment as we get solidly into the Q1 earnings season this week.It's the energy sector that I want to focus on today, with Chevron (NYSE:CVX) buying Anadarko (NYSE:APC) in a $33 billion deal, boosting APC shares up roughly 32%. I recommended buying the stock back on Monday, so that's not a bad profit for just a four-day holding period.I think the entire sector is worth a look, with RBC analysts warning that $80-a-barrel oil is likely this summer as a result of steep OPEC supply cuts, solid demand and rising risks concerning Iran after President Donald Trump's administration labeled part of its military establishment a terrorist organization.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Marijuana Companies: Which Pot Stocks Should You Buy? As a result, the Energy Select SPDR (NYSEARCA:XLE) is breaking above its 200-day moving average for the first time since early October -- creating nice buying opportunities in a number of stocks in the area. Here are five ready for new money: Energy Stocks to Buy: Halliburton (HAL)Halliburton (NYSE:HAL) shares are rising to challenge the highs of its five-month consolidation range, making a possible end to the downtrend that started last May that resulted in a 50% decline from its high. The company was recently initiated at Goldman Sachs with a buy rating.The company will next report results on April 22 before the bell. Analysts are looking for earnings of 23 cents per share on revenues of $5.5 billion. When the company last reported on Jan. 22, earnings of 41 cents per share beat estimates by four cents on a 0.1% decline in revenues. Schlumberger (SLB)Shares of Schlumberger (NYSE:SLB), the oilfield service provider, are attempting to break up and out of a five-month consolidation pattern setting up a challenge of its 200-day moving average. Like HAL, the company had coverage initiated by Goldman Sachs analysts in March.The company will next report results on April 18 before the bell. Analysts are looking for earnings of 30 cents per share on revenues of $7.8 billion. * 8 Risky Stocks to Watch as Earnings Season Kicks Off When the company last reported on Jan. 18, earnings of 36 cents per share missed estimates by two cents on $8.1 billion in revenues. Helmerich & Payne (HP)Shares of Helmerich & Payne (NYSE:HP) are breaking up and over their 200-day moving average for the first time since October. Shares lost more than 40% from the prior high. A return to those levels would be worth a 20% gain from here. Analysts at Jefferies downgraded shares back in March, ahead of the current rally to the upside.The company will next report results on April 24 after the close. Analysts are looking for earnings of 38 cents per share on revenues of $710.4 million. When the company last reported on Jan.29, earnings of 42 cents per share beat estimates by 12 cents on a 31.3% rise in revenues. Pioneer Natural Resources (PXD)Shares of Pioneer Natural Resources (NYSE:PXD) surged more than 11% on Friday, cutting clear of their 200-day moving average and the six-month consolidation range. Watch for a return to the mid-October high, which would be worth a gain of roughly 12% from here.The company will next report results on May 6 after the close. Analysts are looking for earnings of $1.47 per share on revenues of $2.1 billion. * 7 AI Stocks to Watch with Strong Long-Term Narratives When the company last reported on Feb. 13, earnings of $1.18 per share missed estimates by 16 cents on a 75.4% rise in revenues. Noble Energy (NBL)Noble Energy (NYSE:NBL) stock is rising up and over its 200-day moving average, challenging its November high. The stock was upgraded by analysts at Mizuho back in March, with the price target raised to $29. Watch for a move to the October high, which would be worth a gain of nearly 20% from here.The company will next report results on May 3 before the bell. Analysts are looking for a loss of five cents per share on revenues of $1 billion. When the company last reported on Feb. 19, earnings of 12 cents per share missed estimates by two cents on a 0.3% drop in revenues.As of this writing, William Roth held no position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 5 Energy Stocks Rising as Crude Oil Soars appeared first on InvestorPlace.

  • The Zacks Analyst Blog Highlights: Antero, Helmerich, ConocoPhillips and Devon
    Zacks2 months ago

    The Zacks Analyst Blog Highlights: Antero, Helmerich, ConocoPhillips and Devon

    The Zacks Analyst Blog Highlights: Antero, Helmerich, ConocoPhillips and Devon

  • U.S. Manufacturing Sector Grows in March: ETF & Stock Picks
    Zacks2 months ago

    U.S. Manufacturing Sector Grows in March: ETF & Stock Picks

    U.S. Manufacturing PMI increased to 55.3 in March from February???s 54.2 and beat expectations. These industry ETFs and stocks could be good picks in an improving backdrop.

  • 4 Energy Stocks to Buy as Oil Prices Breach $60 to 2019 High
    Zacks2 months ago

    4 Energy Stocks to Buy as Oil Prices Breach $60 to 2019 High

    Oil prices rose 30% during the first quarter of 2019, underpinned mainly by OPEC+ supply cuts, and U.S. sanctions against Venezuela and Iran.

  • Why Helmerich & Payne is a Must-Add Stock to Your Portfolio
    Zacks2 months ago

    Why Helmerich & Payne is a Must-Add Stock to Your Portfolio

    Given a favorable macro environment, Helmerich & Payne (HP) is poised to grow on the back of efficient drilling fleet and technologically-advanced FlexRigs.

  • The Zacks Analyst Blog Highlights: CrossAmerica Partners, NGL Energy, Dril-Quip, Cabot Oil & Gas and Helmerich & Payne
    Zacks2 months ago

    The Zacks Analyst Blog Highlights: CrossAmerica Partners, NGL Energy, Dril-Quip, Cabot Oil & Gas and Helmerich & Payne

    The Zacks Analyst Blog Highlights: CrossAmerica Partners, NGL Energy, Dril-Quip, Cabot Oil & Gas and Helmerich & Payne

  • Is Crude Oil Heading for the Best Quarter in a Decade? 5 Picks
    Zacks2 months ago

    Is Crude Oil Heading for the Best Quarter in a Decade? 5 Picks

    The decision taken by OPEC and Russia-led oil exporters to cut production levels and supply-related problems in Iran and Venezuela led to the oil price recovery.

  • Healthy Growth Outlook for Oil & Gas Drilling Industry
    Zacks2 months ago

    Healthy Growth Outlook for Oil & Gas Drilling Industry

    Healthy Growth Outlook for Oil & Gas Drilling Industry

  • Bringing Digital to the Boardroom: The Advantages and Challenges of Board Portals — Deloitte Analysis
    CorpGov.com2 months ago

    Bringing Digital to the Boardroom: The Advantages and Challenges of Board Portals — Deloitte Analysis

    By Val Srinivas, Robert Lamm, and Tiffany Ramsay of The Deloitte Center for Financial Services and The Deloitte Center for Board Effectiveness. Digital transformation is high on the agenda for financial institutions’ boards of directors. However, what we have found in recent interviews with board members and corporate secretaries is that boards rarely, if ever, […]

  • INTERVIEW: Mercer Partner Susan Eichen Offers Tips to Avoid Compensation Pitfalls in 2019
    CorpGov.com3 months ago

    INTERVIEW: Mercer Partner Susan Eichen Offers Tips to Avoid Compensation Pitfalls in 2019

    Susan Eichen, Partner, Mercer’s Executive Law & Regulatory Group   With more scrutiny on a wide range of compensation practices, companies are under pressure to develop a fine-tuned approach going into proxy season. Mercer Partner Susan Eichen, who recently published a list of six tips to tackle such issues, spoke to CorpGov about a range […]

  • Why Helmerich & Payne, Inc. (NYSE:HP) Could Be Your Next Investment
    Simply Wall St.3 months ago

    Why Helmerich & Payne, Inc. (NYSE:HP) Could Be Your Next Investment

    Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Helmerich & Payne, Inc. (NYSE:HP) due to its excellent fundamentals inRead More...

  • Helmerich & Payne: Institutional Activity in Q4
    Market Realist3 months ago

    Helmerich & Payne: Institutional Activity in Q4

    Analyzing Institutional Activity in Oilfield Services Stocks(Continued from Prior Part)Top investorsThe Vanguard Group, State Farm Insurance Companies, and BlackRock Institutional Trust Company are the top three investors in Helmerich & Payne

  • TechnipFMC: Analyzing Recent Institutional Activity
    Market Realist3 months ago

    TechnipFMC: Analyzing Recent Institutional Activity

    Analyzing Institutional Activity in Oilfield Services Stocks(Continued from Prior Part)Top investors in FTI First Eagle Investment Management, the Vanguard Group, and Bpifrance Participations S.A. are the top three investors in TechnipFMC (FTI).