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1 Comment
Helmerich & Payne, Inc is currently in a long term uptrend where the price is trading 20.6% above its 200 day moving average.
From a valuation standpoint, the stock is 72.7% cheaper than other stocks from the Energy sector with a price to sales ratio of 2.2.
Helmerich & Payne, Inc's total revenue sank by 59.9% to $246M since the same quarter in the previous year.
Its net income has dropped by 100.2% to $-70K since the same quarter in the previous year.
Finally, its free cash flow fell by 130.4% to $-20M since the same quarter in the previous year.
Based on the above factors, Helmerich & Payne, Inc gets an overall score of 2/5.
Sector | Energy |
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ISIN | US4234521015 |
CurrencyCode | USD |
Exchange | NYSE |
Industry | Oil & Gas Drilling |
Dividend Yield | 4.6% |
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Beta | 1.66 |
PE Ratio | 25.86 |
Target Price | 58.69 |
Market Cap | 4B |
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company operates through three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The North America Solutions segment drills primarily in Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. The Offshore Gulf of Mexico segment has drilling operations in Louisiana and in U.S. federal waters in the Gulf of Mexico. The International Solutions segment conducts drilling operations in Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2022, the company operated a fleet of 236 land rigs in North America; 28 international land rigs; and 7 offshore platform rigs. It also focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. In addition, the company owns and operates commercial real estate properties. Its real estate investments include a shopping center comprising approximately 366,000 leasable square feet; and approximately 176 acres of undeveloped real estate located in Tulsa, Oklahoma. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma.
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