NYSE:HPHelmerich & Payne Stock Price, Forecast & News

Helmerich & Payne's stock was trading at $20.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HP stock has decreased by 6.0% and is now trading at $18.81.
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21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Helmerich & Payne in the last year. There are currently 3 sell ratings, 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Helmerich & Payne is scheduled to release its next quarterly earnings announcement on Thursday, November 12th 2020.
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Helmerich & Payne, Inc. (NYSE:HP) announced its quarterly earnings results on Tuesday, July, 28th. The oil and gas company reported ($0.34) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.65) by $0.31. The oil and gas company earned $317.36 million during the quarter, compared to the consensus estimate of $322.38 million. Helmerich & Payne had a positive return on equity of 0.61% and a negative net margin of 17.81%. The firm's quarterly revenue was down 53.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.40 EPS.
View Helmerich & Payne's earnings history.

Helmerich & Payne announced a quarterly dividend on Friday, June 5th. Investors of record on Monday, August 17th will be given a dividend of $0.25 per share on Monday, August 31st. This represents a $1.00 annualized dividend and a yield of 5.32%. The ex-dividend date of this dividend is Friday, August 14th.
View Helmerich & Payne's dividend history.

21 brokerages have issued 12 month price targets for Helmerich & Payne's shares. Their forecasts range from $8.00 to $47.30. On average, they anticipate Helmerich & Payne's share price to reach $24.64 in the next twelve months. This suggests a possible upside of 31.0% from the stock's current price.
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Media stories about HP stock have trended somewhat negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Helmerich & Payne earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about Helmerich & Payne.

Helmerich & Payne saw a decline in short interest in June. As of June 15th, there was short interest totaling 6,500,000 shares, a decline of 15.8% from the May 31st total of 7,720,000 shares. Based on an average daily volume of 3,720,000 shares, the short-interest ratio is currently 1.7 days. Approximately 6.3% of the shares of the company are sold short.
View Helmerich & Payne's Short Interest.

Some companies that are related to Helmerich & Payne include Patterson-UTI Energy (PTEN), Nabors Industries (NBR), Unit (UNT), Pioneer Energy Services (PESXQ) and Vantage Drilling (VTGDF).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Helmerich & Payne investors own include AT&T (T), Exxon Mobil (XOM), CA (CA), Verizon Communications (VZ), Pfizer (PFE), Johnson & Johnson (JNJ), Boeing (BA), AbbVie (ABBV), Cisco Systems (CSCO) and Intel (INTC).

Helmerich & Payne trades on the New York Stock Exchange (NYSE) under the ticker symbol "HP."

Helmerich & Payne's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.44%), Goldman Sachs Group Inc. (2.39%), Bank of New York Mellon Corp (1.71%), Fisher Asset Management LLC (1.06%), Principal Financial Group Inc. (0.96%) and AJO LP (0.85%). Company insiders that own Helmerich & Payne stock include Chapman Paula Marshall, John R Bell, John W Lindsay, Michael Lennox and Todd Willard Benson.
View institutional ownership trends for Helmerich & Payne.

HP stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Vanguard Group Inc., Robeco Institutional Asset Management B.V., Royal London Asset Management Ltd., FMR LLC, HighTower Advisors LLC, Marshall Wace LLP, and Aigen Investment Management LP. Company insiders that have sold Helmerich & Payne company stock in the last year include John R Bell, and John W Lindsay.
View insider buying and selling activity for Helmerich & Payne.

HP stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Principal Financial Group Inc., Thrivent Financial for Lutherans, AJO LP, First Trust Advisors LP, Bank of New York Mellon Corp, Holocene Advisors LP, and Magnolia Group LLC.
View insider buying and selling activity for Helmerich & Payne.

Shares of HP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HP stock can currently be purchased for approximately $18.81.

Helmerich & Payne has a market capitalization of $2.02 billion and generates $2.80 billion in revenue each year. The oil and gas company earns $-33,660,000.00 in net income (profit) each year or $1.75 on an earnings per share basis. Helmerich & Payne employs 8,510 workers across the globe.

The official website for Helmerich & Payne is www.hpinc.com.

Helmerich & Payne's mailing address is 1437 SOUTH BOULDER AVENUE SUITE 1400, TULSA OK, 74119. The oil and gas company can be reached via phone at 918-742-5531 or via email at [email protected]