Helmerich Payne (NY: HP)
110.84 USD  UNCHANGED
Streaming Delayed Price  /  Updated: 6:40 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(HP) Community Analysis from
April 20, 2014
(Stock Blog Hub, 4/12/13)
On Apr 9, Zacks Investment Research upgraded contract drilling services provider Helmerich & Payne Inc. (HP)  to a Zacks Rank #2 (Buy). Why the Upgrade? Helmerich & Payne has been...(read more)
(ValueWalk.com, 9/12/12)
Not to buy is an active decision.  I took a serious look at Helmerich & Payne and, though we really liked the company, my conclusion was not to buy the stock at this price (see analysis).  However,...(read more)
(Phil’s Stock World, 12/30/11)
Courtesy of Benzinga. A number of very embarrassing details surrounding former Hewlett-Packard (NYSE: HP) CEO Mark Hurd's resignation from the company [...]
Helmerich & Payne (HP) Company Overview
With 80% of its onshore drilling rigs equipped with its FlexRig advanced drilling technologies, Helmerich & Payne may be one of the few oilfield services companies with the ability to grow in the declining American land market, thanks to its ability to extract oil from traditionally difficult-to-reach places. The company's 193 rigs are deployed across the U.S., throughout South America and across the sea in Tunisia. H&P also has a small offshore segment which operates exclusively in the shallow Gulf of Mexico. This means the company has little hope of expanding into the competitive offshore market, since most Gulf E&P companies are moving abroad because of declining production; it also means that a relatively small portion of the company will suffer from that trend. Onshore, the company's FlexRig technology allows it to benefit from growing demand for unconventional drilling and productivity-growth technology, as it can drill wells to reserves that were previously impossible or uneconomical to get to. Furthermore, rising oil prices are driving up dayrates for these coveted pieces of capital equipment, causing H&P's margins to grow as well as its revenues. H&P competes with other American onshore drilling companies, including Nabors Industries, Patterson-UTI Energy, Grey Wolf, Unit, and Pioneer Drilling Co. (Read more at Wikinvest )

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here