Helmerich & Payne (HP) Shares are Down -3.59%

Helmerich & Payne (HP) : During the past 4 weeks, traders have been relatively bearish on Helmerich & Payne (HP), hence the stock is down -4.67% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.07% relative to the S&P 500. The 4-week change in the price of the stock is -4.79% and the stock has fallen -3.59% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.84% and the 50-Day Moving Average is 5.61%.The 200 Day SMA reached 5.21%. Helmerich & Payne, Inc. has dropped 5.98% during the last 3-month period . Year-to-Date the stock performance stands at 16.66%.


Helmerich & Payne (NYSE:HP): The stock opened in the green at $61.01 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $61.82 and a low of $60.08 for the day. The stock did not find buyers even at the lows and closed at $60.19 recording a loss of -0.18%. 1,449,815 shares exchanged hands during the trading day. The stock had closed at $60.3 in the previous days trading.

Helmerich & Payne, Inc. is engaged in contract drilling of oil and gas wells for others. The Company operates in the contract drilling industry. The Companys contract drilling business consists of three business segments: U.S. Land, Offshore and International Land. Its U.S. Land segment operates drilling operations in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Pennsylvania, Ohio, Utah, New Mexico, Montana, North Dakota, West Virginia and Nevada. Its offshore operations are conducted in the Gulf of Mexico and Equatorial Guinea. Its International Land segment operates in seven international locations, including Ecuador, Colombia, Argentina, Tunisia, Bahrain, the United Arab Emirates and Mozambique. The Company is also engaged in the ownership, development and operation of commercial real estate and the research and development of rotary steerable technology.

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