HP - Helmerich & Payne, Inc.
| Previous Close | 56.98 |
| Open | 57.76 |
| Bid | 55.00 x 1200 |
| Ask | 58.21 x 3200 |
| Day's Range | 56.69 - 58.10 |
| 52 Week Range | 44.56 - 74.36 |
| Volume | 1,364,488 |
| Avg. Volume | 1,610,204 |
| Market Cap | 6.28B |
| Beta (3Y Monthly) | 1.64 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.00 |
| Earnings Date | Apr 24, 2019 - Apr 29, 2019 |
| Forward Dividend & Yield | 2.84 (5.03%) |
| Ex-Dividend Date | 2019-02-07 |
| 1y Target Est | 65.86 |
- GlobeNewswire•10 days ago
Factors of Influence in 2019, Key Indicators and Opportunity within Helmerich & Payne, Genworth Financial, PBF Energy, EastGroup Properties, Helix Energy, and The Clorox — New Research Emphasizes Economic Growth
NEW YORK, Feb. 08, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
- GlobeNewswire•11 days ago
Helmerich & Payne, Inc. To Participate in Credit Suisse’s 24th Annual Energy Summit
TULSA, Okla., Feb. 07, 2019 -- Helmerich & Payne, Inc. (NYSE: HP) today announced that Mark Smith, Vice President and CFO, and Dave Wilson, Director of Investor Relations.
- Motley Fool•13 days ago
What to Watch at Helmerich & Payne in 2019
Helmerich & Payne sees a big change in the drilling services sector taking shape, and it wants to get a piece of the action
- Motley Fool•17 days ago
Helmerich & Payne Posts Gains Despite Slowing Oil Industry
The land-rig owner was able to grow its top and bottom lines, thanks to drilling remaining surprisingly steady through the recent downturn.
- Thomson Reuters StreetEvents•18 days ago
Edited Transcript of HP earnings conference call or presentation 30-Jan-19 4:00pm GMT
Q1 2019 Helmerich and Payne Inc Earnings Call
Motley Fool•18 days agoHelmerich & Payne Inc (HP) Q1 2019 Earnings Conference Call Transcript
HP earnings call for the period ending December 31, 2018.
- Zacks•19 days ago
Helmerich & Payne (HP) Tops Q1 Earnings and Sales Estimates
Helmerich & Payne (HP) delivers robust results in the fiscal first quarter on the back of solid performance from the U.S. Land Unit along with improved international business.
- Associated Press•19 days ago
Helmerich & Payne: Fiscal 1Q Earnings Snapshot
On a per-share basis, the Tulsa, Oklahoma-based company said it had net income of 17 cents. Earnings, adjusted for one-time gains and costs, came to 32 cents per share. The results exceeded Wall Street ...
- GlobeNewswire•19 days ago
Helmerich & Payne, Inc. Announces First Quarter Fiscal 2019 Results
Quarterly U.S. Land revenue days (activity) increased approximately 4%Quarterly U.S. Land adjusted average rig revenue increased by more than $800(1) per day, up approximately.
- Zacks•20 days ago
Oil Stocks to Watch for Earnings: HP, CLB, HES, MUR
Among all the Zacks sectors that are included in the elite S&P 500 index, Energy is poised to witness highest earnings growth.
- MarketWatch•21 days ago
BlackBerry names former Cisco exec Bryan Palma as COO and president
BlackBerry Ltd. said Monday it has named Bryan Palma, Cisco's senior vice president and general manager of customer experience for the Americas, as its new chief operating office and president. Palma has nearly 20 years experience at big U.S. companies, including Boeing , Hewlett Packard , PepsiCo and the U.S. Secret Service, the company said in a statement. The new appointment is effective immediately and will has Palma responsible for core product and services that serve as the foundation for a strategy of securing the Enterprise of Things, the company said in a statement. Shares were not yet active premarket, but have fallen 39.7% in the last 12 months, while the S&P 500 has fallen 7.2%.
- Simply Wall St.•24 days ago
Why Helmerich & Payne, Inc.’s (NYSE:HP) Return On Capital Employed Looks Uninspiring
Today we'll look at Helmerich & Payne, Inc. (NYSE:HP) and reflect on its potential as an investment. In particular, we'll consider its Return On Capital Employed (ROCE), as that can Read More...
- Zacks•24 days ago
U.S. Land Segment to Aid Helmerich & Payne (HP) Q1 Earnings
In FY Q1, Helmerich & Payne (HP) is expected to gain from strong demand for its super-spec FlexRigs.
- Market Realist•25 days ago
Will Microsoft Office 365 Be a Hit on Apple’s Mac App Store?
Will Microsoft Office 365 Be a Hit on Apple's Mac App Store?Apple2019 has been a terrible year for Apple (AAPL) investors so far. On the first trading day of 2019 (January 2), Tim Cook confirmed the company’s iPhone sales troubles, especially in
- Market Realist•25 days ago
Halliburton Expects Its First-Quarter Revenues to Fall
Analyzing Halliburton’s Q4 Earnings(Continued from Prior Part)Completion and Production segmentHalliburton’s (HAL) Completion and Production segment’s revenues fell 8% sequentially in the fourth quarter. The segment’s operating income fell
- Zacks•26 days ago
Helmerich & Payne (HP) Earnings Expected to Grow: Should You Buy?
Helmerich & Payne (HP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•last month
Factors to Know Ahead of Halliburton's (HAL) Q4 Earnings
Pipeline takeaway capacity constraints in the Permian Basin seems to be the primary reason for apprehension about Halliburton's (HAL) Q4 results.
- CorpGov.com•last month
New Deloitte-ABD Study Finds Board Diversity Accelerating – In Virtually Every Seat but One
Deb DeHaas, vice chairman and national managing partner, Deloitte Center for Board Effectiveness and Linda Akutagawa, chair for the Alliance for Board Diversity and president and CEO, LEAP (Leadership Education for Asian Pacifics) By John Jannarone Boardroom diversity continues to accelerate, bringing the blend of women and minorities at the table closer to levels in […]
- InvestorPlace•last month
Chesapeake Energy Stock Remains a “Best-of-Breed” Pick
Chesapeake Energy (NYSE:CHK) announced last week that it was dialing back its active rig count, from 18 to what should be an average of 14 for 2019. The scaled-back capacity is largely in response to falling gas and oil prices, which have badly hurt CHK stock. With no certainty as to when prices might rebound, most energy companies are rightfully becoming pickier about which assets to continue operating. On the surface, the decision by CHK to cut its rig count is a step in the wrong direction; fewer rigs means less production, only exacerbating the revenue headwind caused by weaker commodities prices. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Dividend Stocks With Growth on the Horizon However, there's a reason why CHK stock jumped on the news. Ultimately, Chesapeake Energy stock is moving closer to a recovery from a big pullback that it suffered late last year. CHK stock is in that position because years of its streamlining work are starting to bear fruit in a big way. ### Reconfiguring The 2014 implosion of oil prices -- and to a lesser degree, natural gas prices -- indiscriminately hammered the energy sector. From giants like Exxon Mobil (NYSE:XOM) to the smallest, nimblest names like Helmerich & Payne (NYSE:HP), all were sent scurrying by a meltdown none of them saw coming. There was nowhere and no way to hide. CHK was no exception. At least in one regard, however, the beating oil prices and energy stocks took set the stage for a long-overdue, positive outcome. That is, nearly all of the companies in the sector took steps to become more operationally efficient and to use their capital more effectively. Not all of these companies regrouped as well as others, however. Broadly speaking, CHK improved itself more than most of its competitors. Much of its restructuring centered around the sale of natural gas properties in Ohio's Utica basin. The $2 billion in proceeds from that transaction were used to pay down what was then well over $9 billion in debt. In early 2018, CHK sold properties in Oklahoma for a more modest $500 million. In early 2016, it shed $700 million worth of assets. The company's shrinking pile of debt has undoubtedly given CHK the breathing room it needs to address new opportunities. ### Quality Over Quantity But CHK CEO Doug Lawler isn't merely shrinking his way to better viability. Instead, Lawler is looking to aggregate a network of properties that he knows the company can operate cost-effectively. Sometimes that means selling, but sometimes it means buying. That efficiency is measurably taking shape. The company's preliminary fourth-quarter results and 2019 outlook, which were posted last week, included this statement: "We expect our capital efficiency to improve in 2019 as total net capital per rig line is projected to decrease by 15 to 20 percent compared to 2018." The location of the company's assets has a great deal to do with that progress. CHK is increasingly focused on its Eagle Ford assets, which delivers the highest profit margins among the company's properties. The pricing of crude around the nearby Gulf Coast is above the industry average, and the company doesn't intend to lower its rig count in that area. Indeed, the upcoming acquisition of WildHorse Resources (NYSE:WRD) will add to its fruitful Eagle Ford exposure. CHK plans to devote four rigs to the assets it's getting from WildHorse. ### The Outlook of CHK Stock At the end of the preliminary Q4 report, Lawler stated,"The improvement in our capital efficiency, along with our focus on our high-margin oil investments, should result in higher operating cash flow and stronger margins in 2019 compared to 2018." To that end, approximately 16 million barrels of its 2019 oil production is hedged at $58.61, versus the current market price of less than $52 per barrel. Granted, most energy outfits are becoming more cost-effective through streamlining, reorganizing and hedging, and CHK is still not where it ultimately aims to be, from an operational standpoint. Asset sales never quite generate as much money as forecast, and acquisitions like WildHorse Resources are never quite as cheap as hoped. But nevertheless, Chesapeake Energy stock is coming out of its fourth-quarter funk, as investors increasingly understand the overhaul that Lawler is putting in place is a slow, painstaking process that's worth the wait. That said, CHK stock is still well-positioned to deliver quick, outsized gains if oil and gas prices end up ripping higher from here. That's a distinct possibility, too, with OPEC rumored to be mulling a production cut to buoy recently-depressed prices. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post Chesapeake Energy Stock Remains a "Best-of-Breed" Pick appeared first on InvestorPlace.
- Zacks•last month
Nabors (NBR) Sinks 66% Over a Year: Can it Make a Comeback?
Nabors' (NBR) joint venture with Saudi Aramco, steady U.S. onshore outlook, rising margins in Lower 48 along with management's deep focus to shore up its financials raise optimism.
- GlobeNewswire•last month
Helmerich & Payne, Inc. Invites You to Join Its First Quarter Conference Call on the Web
In conjunction with Helmerich & Payne, Inc.’s (HP) first quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Wednesday, January 30, 2019, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Vice President and CFO, and Dave Wilson, Director of Investor Relations. Helmerich & Payne, Inc.’s First Quarter Earnings Release. Other material developments may also be discussed. Founded in 1920, Helmerich & Payne, Inc. (H&P) is committed to delivering industry leading levels of drilling productivity and reliability.
- Zacks•last month
Why Rowan & Ensco's Merger Deal Is Flawed: Canyon's View
Rowan's (RDC) merger deal with Ensco is opposed by Canyon as it can lead to deterioration of Rowan's operational and financial profile.
- Zacks•last month
Zacks.com featured expert Kevin Matras highlights: Helmerich & Payne, Manulife Financial, HEICO, Amedisys and Titan Machinery
Zacks.com featured expert Kevin Matras highlights: Helmerich & Payne, Manulife Financial, HEICO, Amedisys and Titan Machinery
- Zacks•last month
Buy These 5 Low Leverage Stocks to Stay Away From Debt Traps
Since debt-ridden companies are more vulnerable at times of crisis, it is better to avoid those. Of course, entirely avoiding companies with debt loads is virtually impossible.
- GlobeNewswire•last month
Helmerich & Payne, Inc. To Participate in Goldman Sachs Global Energy Conference 2019
TULSA, Okla., Jan. 07, 2019 -- Helmerich & Payne, Inc. (NYSE: HP) today announced that members of management will attend the Goldman Sachs Global Energy Conference 2019 in.
