AllAnalyst Report
logoMorningstarJune 17, 2021

Helmerich & Payne, Inc.: Lowering Helmerich & Payne’s Fair Value Estimate to $27 as U.S. Rig Market Remains Oversupplied

Symbols
HP
Sector(s)
Energy
Rating
Current Price
$40.12
Fair Value
Economic Moat
Stewardship
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 eve

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