What is Helmerich & Payne's stock symbol?
Helmerich & Payne trades on the New York Stock Exchange (NYSE) under the ticker symbol "HP."
How often does Helmerich & Payne pay dividends? What is the dividend yield for Helmerich & Payne?
Helmerich & Payne declared a quarterly dividend on Wednesday, December 7th. Stockholders of record on Monday, February 13th will be paid a dividend of $0.70 per share on Wednesday, March 1st. This represents a $2.80 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Thursday, February 9th.
Where is Helmerich & Payne's stock going? Where will Helmerich & Payne's stock price be in 2017?
26 equities research analysts have issued 1 year price targets for Helmerich & Payne's stock. Their forecasts range from $39.00 to $94.00. On average, they anticipate Helmerich & Payne's stock price to reach $69.22 in the next year.
When will Helmerich & Payne announce their earnings?
Helmerich & Payne is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about Helmerich & Payne stock?
Here are some recent quotes from research analysts about Helmerich & Payne stock:
According to Zacks Investment Research, "Despite coming out with higher-than-expected first-quarter loss, the improving outlook in the U.S. land market is set to provide Helmerich & Payne with exciting opportunities to redeploy its technologically-advanced FlexRigs. With domestic rig count moving higher quickly, the drilling contractor is optimistic about getting leading-edger dayrates. As it is, we believe the FlexRigs will continue to benefit from the shift to complex onshore plays that require highly intensive solutions. Importantly, the company's healthy financial position means that its dividend is safe and sustainable. However, we are taking a cautious stance on the company as weak international activity would negatively impact Helmerich & Payne’s financials during the next few quarters." (1/31/2017)
- Jefferies Group LLC analysts commented, "Our long-term concerns on HP (and US Land Drillers) are reinforced as (1) HP's 217 Flex 3s remain competitive, suggesting the industry may have up to 1,200 good shale rigs ' which likely delays pricing recovery, (2) HP's $350MM 2017E Capex suggests upgrade capex can impact FCF, (3) rigs look less differentiated vs. the prior cycle, which should erode HP's historical pricing premium. We lower our PT to $55 on lower 2017E EBITDA and higher Capex; maintain UNPF." (1/27/2017)
Credit Suisse Group analysts commented, "We tweak our 2017/18 EBITDA estimates to $292M/$304M (from $281M/$293M). We maintain our Underperform rating and raise our PT to $53 (from $52). …but Moving in the Wrong Direction. In US land, while HP expects revenue days +20% q/q in F1Q17 (we model US horizontal rig count +17% q/q), it guided to an average daily margin -16% q/q ($9.3K from $11.1K) driven by (1) a higher mix of rigs on spot market vs. term contracts and (2) rigs moving to full operating mode from standby, which clearly carries a higher cost burden. Evidently the incremental dayrate is not sufficient to offset by incremental costs." (11/18/2016)
Morgan Stanley analysts commented, "Data points from our conference suggest relative tightness in pockets of the high-spec rig market — notably Texas and Oklahoma — where HP has outsized share," analyst Ole Slorer wrote in a note."We see no reason to believe that HP will not share in these respective gains given its premium reputation and current ~25 percent share of working rigs in these regions," Slorer continued.The analyst believes the company's activity data and earnings momentum to be "meaningfully better" than the sector at large and sees near-term outperformance in shares.Related Link: Standpoint Research Shines A Light On 2 Solar StocksFurther, Slorer said the Street's bearish stance on the stock on valuation is overdone as its net cash position and dividend support limits its bear case. That said, the analyst acknowledged that other names within the land drilling vertical could outperform HP longer-term due to higher financial leverage."We believe HP is a relative EW within the sector — similar to RES, we believe it offers an 'easy' way to play the US land theme without taking meaningful balance sheet risk," (9/6/2016)
J P Morgan Chase & Co analysts commented, "Peak Oil" Not Until 2035, Demand "Could Well Be Stronger" (4/15/2016)
Who owns Helmerich & Payne stock?
Helmerich & Payne's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (5.47%), Dimensional Fund Advisors LP (2.41%), Investec Asset Management LTD (1.61%), FMR LLC (1.12%), NN Investment Partners Holdings N.V. (0.67%) and Kiltearn Partners LLP (0.64%). Company insiders that own Helmerich & Payne stock include Chapman Paula Marshall, Gordon K Helm, Hans Helmerich, John R Bell, John W Lindsay, Juan Pablo Tardio and Robert L Stauder.
Who sold Helmerich & Payne stock? Who is selling Helmerich & Payne stock?
Helmerich & Payne's stock was sold by a variety of institutional investors in the last quarter, including Kiltearn Partners LLP, Dimensional Fund Advisors LP, Janus Capital Management LLC, Edge Asset Management Inc., FMR LLC, AQR Capital Management LLC, Guggenheim Capital LLC and Franklin Resources Inc.. Company insiders that have sold Helmerich & Payne stock in the last year include Chapman Paula Marshall, Hans Helmerich, John R Bell, John W Lindsay, Juan Pablo Tardio and Robert L Stauder.
Who bought Helmerich & Payne stock? Who is buying Helmerich & Payne stock?
Helmerich & Payne's stock was purchased by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Federated Investors Inc. PA, Renaissance Technologies LLC, State Street Corp, Asset Management One Co. Ltd., NN Investment Partners Holdings N.V., Fred Alger Management Inc. and Investec Asset Management North America Inc..
How do I buy Helmerich & Payne stock?
Shares of Helmerich & Payne can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Helmerich & Payne stock cost?
One share of Helmerich & Payne stock can currently be purchased for approximately $67.41.