HP - Helmerich & Payne, Inc.

NYSE - NYSE Delayed Price. Currency in USD
48.40
-1.85 (-3.68%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close50.25
Open50.24
Bid47.97 x 3100
Ask48.48 x 800
Day's Range48.38 - 50.24
52 Week Range44.56 - 73.74
Volume1,396,327
Avg. Volume1,186,234
Market Cap5.349B
Beta (3Y Monthly)1.75
PE Ratio (TTM)73.00
EPS (TTM)0.66
Earnings DateJul 23, 2019 - Jul 29, 2019
Forward Dividend & Yield2.84 (5.81%)
Ex-Dividend Date2019-08-09
1y Target Est65.43
Trade prices are not sourced from all markets
  • U.S. Crude Hit its Lowest Price in 5 Months: Here's Why
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  • Business Wire9 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.

  • A Closer Look At Helmerich & Payne, Inc.'s (NYSE:HP) Uninspiring ROE
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    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Business Wire10 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.

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  • Prem Watsa Exits POSCO, Trims Helmerich & Payne
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    Prem 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.

  • Why Is Helmerich & Payne (HP) Down 16.6% Since Last Earnings Report?
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    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.

  • Should You Be Worried About Insider Transactions At Hello Pal International Inc. (CNSX:HP)?
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    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

  • Business Wire26 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 Wirelast 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 Wirelast 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.

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

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    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 Fool2 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 StreetEvents2 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's2 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.

  • Helmerich & Payne Inc (HP) Q2 2019 Earnings Call Transcript
    Motley Fool2 months 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
    Zacks2 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.

  • ACCESSWIRE2 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 Press2 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 Wire2 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 ...

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  • Key Factors to Impact Helmerich & Payne's (HP) Q2 Earnings
    Zacks2 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.

  • Helmerich & Payne (HP) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks2 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.