Your email has been successfully added to our mailing list.

×
0 0 0 -0.0143636885952313 -0.0143636885952313 0.000287273771904568 0.000287273771904568 0.000287273771904568
Stock impact report

Helmerich & Payne Completes Sale of Utica Square

Helmerich & Payne, Inc. (HP) 
Last helmerich & payne, inc. earnings: 4/30 04:43 pm Check Earnings Report
US:NYSE Investor Relations: hpinc.com
Company Research Source: Business Wire
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced it has completed the sale of Utica Square, the Tulsa retail center it has owned for more than six decades, to funds managed by Northwood Investors, LLC, a privately held real estate equity firm that owns and operates real estate across the United States.The sale reflects continued progress on H&P’s debt reduction goals, with after-tax proceeds exceeding the previously communicated $100 million divestiture target and providing funding to largely retire the company’s remaining term loan balance.“This transaction aligns with our portfolio optimization strategy following the acquisition of KCA Deutag, accelerates the company’s capability to de-lever the balance sheet and concentrates the portfolio on our core drilling solutions business,” said Kevin Vann, chief financial officer.Upon the close of the transaction, Northwood assumed ownership of Utica Square and Northwood Retail LLC, an affiliate of Northw Show less Read more
Impact Snapshot
Event Time:
HP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for HP alerts
Opt-in for
HP alerts

from News Quantified
Opt-in for
HP alerts

from News Quantified