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Helmerich & Payne
HP

$33.98
0.41%
 

About: Helmerich & Payne maintains one of the largest fleets of land drilling rigs in the US. The company's FlexRig line is the leading choice to drill horizontal wells for production of US tight oil and gas. H&P is present in nearly every major US shale play and has a small but growing presence internationally.

Employees: 6,200

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

59% more call options, than puts

Call options by funds: $21.3M | Put options by funds: $13.4M

15% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 54

14% more capital invested

Capital invested by funds: $3.8B [Q4 2023] → $4.35B (+$550M) [Q1 2024]

2% more funds holding

Funds holding: 386 [Q4 2023] → 394 (+8) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

0.85% less ownership

Funds ownership: 105.52% [Q4 2023] → 104.67% (-0.85%) [Q1 2024]

16% less repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 155

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$33
3%
downside
Avg. target
$44
31%
upside
High target
$52
53%
upside

11 analyst ratings

positive
36%
neutral
55%
negative
9%
Piper Sandler
Ian Macpherson
15%upside
$39
Neutral
Maintained
6 May 2024
Susquehanna
Charles Minervino
47%upside
$50
Positive
Maintained
26 Apr 2024
Citigroup
Scott Gruber
24%upside
$42
Neutral
Maintained
16 Apr 2024
Susquehanna
Charles Minervino
53%upside
$52
Positive
Maintained
8 Apr 2024
Susquehanna
Charles Minervino
47%upside
$50
Positive
Maintained
1 Apr 2024

Financial journalist opinion