09:17 AMHelmerich & Payne (HP): FQ4 EPS of $0.47 beats by $0.03. Revenue of $362M (-6.6%) vs. $369M. "We are encouraged by signs of improvement in the U.S. land rig market." (PR)
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14:20 PM
Sure, someone may have made a lot of money on 3Com (COMS) options as its acquisition by Hewlett-Packard (HP) was announced, but insider-trading conspiracy theorists are ahead of themselves, says Ultimi Barbarorum. Options deals are lumpy by nature, and it could just be short covering at work.
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Thursday, July 30, 2009
08:53 AMHelmerich & Payne (HP): FQ3 EPS of $0.49 misses by $0.02. Revenue of $388M (-26%) vs. $378M. (PR)
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09:10 AMHelmerich & Payne (HP): FQ1 EPS of $1.35 beats by $0.26. Revenue of $624M (+36.6%) vs. $573M. "Given the speed and severity of the current pullback, it is difficult to predict when supply and demand will return to a better balance." Shares -3.3% premarket. (PR)
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09:36 AM
The recent rally in crude oil has given battered energy stocks a much-needed boost. Oil service stocks are up 22% since Dec. 5; E&P stocks have gained 33% since Nov. 21. Top picks for 2009, from Pritchard: HP, NOV, TTES, RIG, EAC, HWK and RRC.
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Thursday, November 20, 2008
09:08 AMHelmerich & Payne (HP): FQ4 EPS of $1.18 in-line. Revenue of $522.5M (+16.3%) vs. $558.7M. Shares -6.5% premarket. (PR)
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