Helmerich & Payne Stock Forecast, Price & News

Helmerich & Payne's stock was trading at $20.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HP stock has decreased by 19.0% and is now trading at $16.21.
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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 4 sell ratings, 7 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.
View our earnings forecast for Helmerich & Payne.

Helmerich & Payne, Inc. (NYSE:HP) posted its earnings results on Tuesday, July, 28th. The oil and gas company reported ($0.34) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.65) by $0.31. The oil and gas company had revenue of $317.36 million for 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 business's quarterly revenue was down 53.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.40 EPS.
View Helmerich & Payne's earnings history.

Helmerich & Payne declared a quarterly dividend on Friday, September 11th. Investors of record on Friday, November 13th will be paid a dividend of $0.25 per share on Tuesday, December 1st. This represents a $1.00 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date is Thursday, November 12th.
View Helmerich & Payne's dividend history.

21 equities research analysts have issued 12 month target prices for Helmerich & Payne's shares. Their forecasts range from $8.00 to $47.30. On average, they anticipate Helmerich & Payne's stock price to reach $22.54 in the next twelve months. This suggests a possible upside of 39.0% from the stock's current price.
View analysts' price targets for Helmerich & Payne.

Helmerich & Payne saw a increase in short interest in August. As of August 14th, there was short interest totaling 6,680,000 shares, an increase of 21.5% from the July 30th total of 5,500,000 shares. Based on an average trading volume of 2,170,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 6.4% of the company's shares are short sold.
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), Pfizer (PFE), Verizon Communications (VZ), Johnson & Johnson (JNJ), Boeing (BA), Intel (INTC), Cisco Systems (CSCO) and Micron Technology (MU).

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.44%), Goldman Sachs Group Inc. (2.39%), Bank of New York Mellon Corp (1.71%), Two Sigma Advisers LP (1.11%), Fisher Asset Management LLC (1.06%) and Principal Financial Group Inc. (0.96%). Company insiders that own Helmerich & Payne stock include 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, FMR LLC, Charles Schwab Investment Management Inc., and Canada Pension Plan Investment Board. 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., AQR Capital Management LLC, Principal Financial Group Inc., Principal Financial Group Inc., Thrivent Financial for Lutherans, AJO LP, First Trust Advisors LP, and Two Sigma Advisers LP.
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 $16.21.

Helmerich & Payne has a market capitalization of $1.74 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]