Helmerich & Payne says operational outlook for Q2 remains unchanged Says active rig count remains flat. Says U.S. Land pricing in the spot market remains strong, but under downward pressure. Says having discussions with customers regarding additional new builds. Comments from slides that will be presented at the Howard Weil Annual Energy Conference.
News For HP From The Last 14 Days
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Helmerich & Payne upgraded to Neutral from Underperform at Credit Suisse Credit Suisse upgraded Helmerich & Payne to Outperform and raised its price target to $96 from $90 based on valuation and reduced expectations.