|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||66.63 - 67.86|
|52 Week Range||49.69 - 75.02|
|PE Ratio (TTM)||16.16|
|Earnings Date||Nov 14, 2018 - Nov 19, 2018|
|Forward Dividend & Yield||2.84 (4.35%)|
|1y Target Est||67.63|
TULSA, Okla., Sept. 04, 2018-- Helmerich & Payne, Inc. today announced that members of management will attend the Barclays CEO Energy-Power Conference in New York City. John Lindsay, President and CEO, ...
The past six months have been pretty great for Advanced Micro Devices (NASDAQ:AMD) as investors warmed up to the semiconductor company and the stock shot 60% higher. The bulls have been flooding into AMD stock in recent months as the firm’s latest chip offerings steal market share from major competitors. AMD stock has spent the majority of its existence playing second fiddle to its larger rivals like Intel (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA), but this year the company’s new line of improved chips helped put the company on the map and have been taking the market by storm.
Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
Earlier this month, HP (HPQ) announced its intention to acquire UK-based Apogee for 380 million pounds. Apogee was founded in 1993 and is an MSP (managed services provider) for print and process technology. HP has been looking at acquisitions to disrupt the A3 copier market, which has been valued at $55 billion.
If you are interested in cashing in on Helmerich & Payne Inc’s (NYSE:HP) upcoming dividend of US$0.71 per share, you only have 2 days left to buy the shares beforeRead More...
Demand for Helmerich & Payne's drilling services has turned a corner, and now the company is trying to take full advantage of another upgrade cycle
On July 31, the API (American Petroleum Institute) released its oil inventory report after crude oil futures’ settlement on NYMEX. The API reported that US crude oil inventories rose by 5.6 MMbbls (million barrels) on July 20–27. A Reuters survey estimates that US oil inventories could have fallen by 2.8 MMbbls during the same period. The U.S. Energy Information Administration is scheduled to release its oil inventory report on August 1.
Schlumberger (SLB) released its second-quarter financial results on July 20. Between July 20 and July 27, Schlumberger’s implied volatility decreased from ~21.6% to 20.1%. The company’s stock price increased 1.4% during this period. Schlumberger accounts for 3.0% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES), which provides exposure to the energy sector’s oil and gas equipment and service segment. XES increased 1.5% between July 20 and July 27.
After two years of increased drilling and a tighter oil services market in places like the Permian Basin, the drilling-rig owner is still showing losses.
On a per-share basis, the Tulsa, Oklahoma-based company said it had a loss of 8 cents. Losses, adjusted for one-time gains and costs, came to 1 cent per share. The results missed Wall Street expectations. ...
Land revenue days increased approximately 7% H&P’ s spot pricing in the U.S. land market increased by approximately 11% during the quarter Quarterly U.S. Land average rig revenue increased more than $650 ...
On July 20, Schlumberger (SLB) released its second-quarter earnings. That day, its implied volatility was 21.6%. Since April 20, when Schlumberger’s first-quarter results were released, its implied volatility has decreased from 24.0% to this level. Since April 20, SLB’s stock price has decreased 4.5%. Schlumberger’s stock price forecast
Active WTI crude oil prices hit $75.27 per barrel on July 3, which was the highest level since November 2014. However, WTI oil prices have fallen ~10.0% since July 3. Brent and WTI oil prices fell 3.0% and ~1.0%, respectively, last week. The Energy Select Sector SPDR ETF (XLE) fell 1.8% last week. The companies in XLE develop and produce crude oil and natural gas, and they provide other energy-related services.
Tepid margins from Helmerich & Payne's Offshore and International Land drilling segments are likely to counter solid results from its U.S. Land unit in the second quarter of 2018.
When you take a closer look at the oil and gas drilling-services sector, the best dividend stock becomes obvious pretty quickly.
On Tuesday, July 17, 2018, US markets saw broad based gains with six out of nine sectors finishing the trading sessions in green. This Wednesday morning, WallStEquities.com looks at the performance of these four Oil & Gas Drilling & Exploration stocks: Halcon Resources Corp. (NYSE: HK), Helmerich & Payne Inc. (NYSE: HP), Jagged Peak Energy Inc. (NYSE: JAG), and Noble Corp. PLC (NYSE: NE). On Tuesday, shares in Houston, Texas headquartered Halcon Resources Corp. recorded a trading volume of 3.67 million shares.
If FactSet’s predictions prove true, the second quarter should be another strong one with earnings growth of more 20% expected for S&P 500 companies. FactSet noted that the earnings growth will still be below the 24.8% increase in earnings seen for the first three months of the year. “If the index does report growth of 23.2% for Q2 2018, it will mark the second consecutive quarter of earnings growth above 20% and the third consecutive quarter of double-digit earnings growth,” wrote John Butters, senior earnings analyst at FactSet, in a report.
In conjunction with Helmerich & Payne, Inc.’s (HP) third quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on Thursday, July 26, 2018, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Vice President and CFO, and Dave Wilson, Manager of Investor Relations. Helmerich & Payne, Inc.’s Third Quarter Earnings Release. Other material developments may also be discussed. Helmerich & Payne, Inc. is primarily a contract drilling company. As of June 30, 2018, the Company's existing fleet included 350 U.S. land rigs, 38 international land rigs and eight offshore platform rigs.
The correlation coefficient between the price of Schlumberger (SLB) stock and the price of WTI crude oil from April 3 to July 3 is 0.66. That indicates a positive relationship between Schlumberger stock and crude oil prices. Schlumberger’s correlation with the VanEck Vectors Oil Services ETF (OIH) since April 3 is 0.89. OIH tracks an index of 25 OFS (oilfield equipment and services) companies.