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Stock impact report

Is Helmerich & Payne, Inc. a Buy in 2018? [The Motley Fool]

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: The Motley Fool
2017 wasn't a great year for its stock, but the moves the company made could set it up for a better future. In early 2017, shares of Helmerich & Payne ( NYSE:HP ) were riding high thanks to increased drilling activity across North America. Producers were starting to open their wallets again after two years of budget cuts and scaled-back operations. While Wall Street was excited about the idea of more drilling activity, it seemed less enthusiastic about what that means for Helmerich & Payne's operations. This ultimately led to a 16% decline in the latter's shares last year.  Recently, though, the stock is on the upswing as oil prices rise again. So, as an investor, you have to wonder if this is just like last year's red herring, or if this is the buy signal you've been waiting for. Let's take a more in-depth look at why 2017 wasn't as bad as Helmerich & Payne's stock price might suggest and whether investors should consider this drilling rig company in 2018 for their p Show less Read more
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