HP - Helmerich & Payne, Inc.
49.52 -0.01 (-0.02%)
After hours: 4:12PM EDT
| Previous Close | 48.70 |
| Open | 48.97 |
| Bid | 48.86 x 800 |
| Ask | 50.49 x 800 |
| Day's Range | 48.82 - 50.11 |
| 52 Week Range | 44.56 - 73.74 |
| Volume | 1,394,539 |
| Avg. Volume | 1,182,260 |
| Market Cap | 5.472B |
| Beta (3Y Monthly) | 1.75 |
| PE Ratio (TTM) | 74.69 |
| EPS (TTM) | 0.66 |
| Earnings Date | Jul 23, 2019 - Jul 29, 2019 |
| Forward Dividend & Yield | 2.84 (5.81%) |
| Ex-Dividend Date | 2019-08-09 |
| 1y Target Est | 65.43 |
- Zacks•6 days ago
U.S. Crude Hit its Lowest Price in 5 Months: Here's Why
The federal government's EIA report revealed that crude inventories rose by 2.2 million barrels for the week ending Jun 7 to a nearly 2-year high.
- MoneyShow•9 days ago
Three Proven Winners for a Low-Rate World
We're living in a low-rate world. Get used to it. At the start of the year, the Federal Reserve had plans to raise interest rates a few times. Well, you can forget about that, forecasts Eddy Elfenbein, editor of Growth Stock Investor.
- Business Wire•12 days ago
Helmerich & Payne, Inc. To Participate in the 2019 Wells Fargo West Coast Energy Conference
Helmerich & Payne, Inc. today announced that John Lindsay, President and CEO; Mark Smith, Vice President and CFO; Dave Wilson, Director of Investor Relations; and Brian Young, U.S.
- Simply Wall St.•13 days ago
A Closer Look At Helmerich & Payne, Inc.'s (NYSE:HP) Uninspiring ROE
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Business Wire•13 days ago
Helmerich & Payne, Inc. Announces the Appointment of New Director
Helmerich & Payne, Inc. today announced that Mary M. VanDeWeghe was appointed to the Company’s Board of Directors effective June 5, 2019. With Ms. VanDeWeghe’s appointment, Helmerich & Payne’s Board has expanded to include 11 members.
- Motley Fool•17 days ago
3 Incredibly Cheap Energy Stocks
The oil and gas industry is broadly struggling, but this trio of financially strong dividend payers are worth a close look.
GuruFocus.com•21 days agoPrem Watsa Exits POSCO, Trims Helmerich & Payne
The present, chairman and CEO of Fairfax Financial Holdings, Prem Watsa (Trades, Portfolio) sold shares of the following stocks during the first quarter. Warning! GuruFocus has detected 2 Warning Sign with BKNG. The steel producer has a market cap of $15.41 billion and an enterprise value of $27.94 billion.
- Zacks•26 days ago
Why Is Helmerich & Payne (HP) Down 16.6% Since Last Earnings Report?
Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Simply Wall St.•27 days ago
Should You Be Worried About Insider Transactions At Hello Pal International Inc. (CNSX:HP)?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
- Business Wire•29 days ago
Helmerich & Payne, Inc. Unable to Participate in the 2019 UBS Global Oil and Gas Conference Due to Weather Affected Travel
Helmerich & Payne, Inc. today announced that due to severe weather conditions in Tulsa, Oklahoma adversely affecting timely travel to Austin, Texas, the Company is unable to participate in UBS’s Global Oil and Gas Conference.
- Business Wire•last month
Helmerich & Payne, Inc. To Participate in the 2019 UBS Global Oil and Gas Conference
Helmerich & Payne, Inc. today announced that Mark Smith, Vice President and CFO; Dave Wilson, Director of Investor Relations; and Brian Young, U.S. Drilling Administrative Manager, will attend the 2019 UBS Global Oil and Gas Conference in Austin, Texas on Tuesday, May 21 and Wednesday, May 22, 2019.
- Business Wire•last month
Helmerich & Payne, Inc. to Participate in the Citi 2019 Global Energy and Utilities Conference
Helmerich & Payne, Inc. today announced that John Lindsay, President and CEO, Mark Smith, Vice President and CFO, and Dave Wilson, Director of Investor Relations will attend the 2019 Citi Global Energy and Utilities Conference in Boston, Massachusetts on Tuesday, May 14 and Wednesday, May 15, 2019.
- Insider Monkey•last month
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 […]
- InvestorPlace•last month
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.
- Motley Fool•2 months 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 StreetEvents•2 months 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's•2 months 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.
Motley Fool•2 months agoHelmerich & Payne Inc (HP) Q2 2019 Earnings Call Transcript
HP earnings call for the period ending March 31, 2019.
- Zacks•2 months 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.
- ACCESSWIRE•2 months ago
Helmerich & Payne, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / April 25, 2019 / Helmerich & Payne, Inc. (NYSE: HP ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on April 25, 2019 at 11:00 AM ...
- Associated Press•2 months 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 ...
- Business Wire•2 months ago
Helmerich & Payne, Inc. Announces Second Quarter Fiscal 2019 Results
TULSA, Okla.-- -- Quarterly U.S. Land adjusted average rig revenue increased by more than $450 per day, up approximately 2% sequentially Quarterly U.S. Land adjusted average rig margin increased by approximately $900 per day, up more than 8% sequentially H&P upgraded 9 FlexRigs® to super-spec capacity during the second fiscal quarter of 2019 The Company signed a letter of intent to deploy its first ...
GuruFocus.com•2 months ago3 Energy Stocks With High Forward Dividend Yields
Kinder Morgan tops the list
- Zacks•2 months 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.
- Zacks•2 months ago
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.
