Quidnet Energy Announces 300 MW Strategic Partnership and $10M Investment from Hunt Energy Network [Yahoo! Finance]
Helmerich & Payne, Inc. (HP)
Last helmerich & payne, inc. earnings: 4/30 04:43 pm
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Source: Yahoo! Finance
HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- Quidnet Energy , a pioneer in long-duration energy storage solutions, today announced a strategic partnership with a $10 million investment from Hunt Energy Network (HEN) , a leader in energy storage and part of an affiliation of companies with experience in subsurface development. The two Texas-based companies will collaborate on a build-transfer program for 300 MW of storage projects utilizing Quidnet Energy's (Quidnet) innovative Geomechanical Energy Storage (GES) technology in the Electric Reliability Council of Texas (ERCOT) grid operating region. The two companies will work together to address ERCOT's urgent need for energy storage as the grid operator onboards an increasing number of intermittent renewable assets. The partnership will pair Quidnet's long-duration energy storage with Hunt Energy Network's success in developing storage projects and Hunt Energy's subsurface technologies similar to Quidnet's GES. As part of the partner
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News
- Helmerich & Payne, Inc. To Participate in J.P. Morgan 2024 Energy, Power and Renewables ConferenceBusiness Wire
- Why Is Helmerich & Payne (HP) Down 8.3% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Helmerich & Payne, Inc. (NYSE: HP) had its price target lowered by analysts at Piper Sandler from $44.00 to $39.00. They now have a "neutral" rating on the stock.MarketBeat
- The five-year underlying earnings growth at Helmerich & Payne (NYSE:HP) is promising, but the shareholders are still in the red over that time [Yahoo! Finance]Yahoo! Finance
- Helmerich & Payne, Inc. (NYSE: HP) had its price target lowered by analysts at Susquehanna from $52.00 to $50.00. They now have a "positive" rating on the stock.MarketBeat
HP
Earnings
- 4/24/24 - Miss
HP
Sec Filings
- 6/5/24 - Form 8-K
- 5/16/24 - Form 4
- 4/30/24 - Form 4
- HP's page on the SEC website