Helmerich & Payne traded at $32.76 this Wednesday June 24th, decreasing $2.83 or 7.95 percent since the previous trading session. Looking back, over the last four weeks, Helmerich & Payne lost 18.61 percent. Over the last 12 months, its price rose by 111.63 percent. Looking ahead, we forecast Helmerich & Payne to be priced at 34.25 by the end of this quarter and at 32.18 in one year, according to Trading Economics global macro models projections and analysts expectations.
Helmerich & Payne, Inc. is a provider of drilling solutions with operations in the United States onshore oil and gas producing basins as well as South America and the Middle East. The Company's drilling operations consist of contracting Company-owned drilling equipment primarily to oil and gas exploration companies. The Company's drilling services operations are organized into three segments: North America Solutions, Offshore Gulf of Mexico, and International Solutions. The Company's North America Solutions operations are primarily located in Colorado, Louisiana, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia and Wyoming. Its Offshore Gulf of Mexico operations are conducted in Louisiana and in the United States federal waters in the Gulf of Mexico. Its International Solutions operations has rigs primarily located in four international locations: Argentina, Bahrain, Colombia, and United Arab Emirates.