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Stock Market & Financial Investment News

News Breaks
March 18, 2013
08:23 EDTHPHelmerich & 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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February 2, 2016
14:06 EDTHPState Farm Mutual Automobile reports 7.7% passive stake in Helmerich & Payne
07:18 EDTHPJefferies sees relative value in Nabors Industries
Jefferies analyst Brad Handler believes shares of Nabors Industries (NBR) can outperform Patterson-UTI (PTEN) over the near term and Helmerich & Payne (HP) over the longer term. His analysis suggests Nabors likely avoids covenant breach and has adequate liquidity to weather the downturn. Handler keeps a Hold rating on Nabors, however, with a reduced price target of $7.
January 28, 2016
11:39 EDTHPHelmerich & Payne says Permian driving better U.S. well performance
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11:28 EDTHPHelmerich & Payne says has term contracts for 87 rigs in Q2
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11:11 EDTHPHelmerich & Payne: Tone for 2016 has shifted to 'lower for longer' oil prices
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06:18 EDTHPHelmerich & Payne sees Q2 US land segment revenue days to decrease 20%
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06:17 EDTHPHelmerich & Payne reports Q1 land operations operating income $56M
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06:16 EDTHPHelmerich & Payne reports Q1 adjusted 5c, consensus (7c)
Reports Q1 revenue $487.85M, consensus $458.65M.

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