Helmerich & Payne, Inc. Responds to Volatile Market Conditions
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. (“H&P” or the “Company”) (NYSE:HP) today announced it is implementing additional cost controls and re-evaluating its capital allocation to proactively preserve its strong financial position in response to a combination of a weakened commodity price environment, broader uncertainties related to COVID-19 and the resulting high market volatility. Concurrently, due to the rapidly evolving market conditions over the past few weeks, the Company feels that it is appropriate to withdraw its fiscal second quarter guidance, which was previously provided on February 3, 2020.The Company regularly reviews its costs, both operational and SG&A, as well as capital expenditures and is doing so now in light of the precipitous fall in the active rig count following the recent OPEC meeting in mid-March 2020 and the increasing concerns over the ultimate impact of COVID-19, which together manifested in the lowest oil prices in 20 years this past we
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HP alerts
High impacting Helmerich & Payne, Inc. news events
Weekly update
A roundup of the hottest topics
HP
News
- Helmerich & Payne Down 10% in a Year: What Awaits the Stock? [Yahoo! Finance]Yahoo! Finance
- Why Is Helmerich & Payne (HP) Down 0.3% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Helmerich & Payne, Inc. Announces Release of its 2024 Sustainability ReportBusiness Wire
- Is Helmerich & Payne, Inc. (NYSE:HP) Trading At A 48% Discount? [Yahoo! Finance]Yahoo! Finance
- Helmerich & Payne Earnings Miss Estimates in Q4, Revenues Surpass [Yahoo! Finance]Yahoo! Finance
HP
Earnings
- 11/13/24 - Miss
HP
Sec Filings
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- HP's page on the SEC website