Helmerich & PayneNYSE: HP

Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the stock?

Helmerich & Payne (HP) anticipates a $500 million investment in 2024, along with depreciation and amortization costs totaling $405 million, and research and development expenditures amounting to $37 million.

After conducting a thorough examination of the Zacks Oil and Gas - Drilling sector, we recommend paying attention to companies such as SAPMF, HP and PDS.

We remain optimistic about near-term prices for crude and advise investors to buy stocks like MUSA, SUN and HP.

Helmerich & Payne (HP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Helmerich & Payne (HP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

HP Inc (NYSE:HPQ) shares opened 3% lower in opening Thursday exchanges on a mixed reaction to the personal computer maker's first-quarter financials. Net quarterly revenues saw a 4.4% year-on-year decline to $13.2 billion, reflecting lower demand in the global PC market.

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, HP and SDRL.

The oil and gas contract driller unveiled its first set of quarterly results for the new fiscal year. Although revenue and profitability dropped, both handily beat analyst estimates.