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logoMorningstarSeptember 10, 2020

Helmerich & Payne, Inc.: Helmerich & Payne's Results Collapse in Second Quarter Due to COVID-19 Impact on U.S. Land Activity

Symbols
HP
Sector(s)
Energy
Rating
Premium
Current Price
$23.75
Fair Value
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Economic Moat
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Stewardship
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Summary

Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. tight oil and gas basin and also has a small presence internationally.

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