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Helmerich & Payne: Outlook Is Improving

May 03, 2022 1:06 AM ETHelmerich & Payne, Inc. (HP)NBR2 Comments


  • Helmerich & Payne reported $467.60 million in the fiscal second quarter of 2022, up from $296.17 million in the same quarter a year ago.
  • H&P's North America Solutions segment left the second quarter with 173 active rigs in April.
  • I recommend buying HP below $45, expecting a low at $42.
  • Looking for a helping hand in the market? Members of The Gold And Oil Corner get exclusive ideas and guidance to navigate any climate. Learn More »

Permian Basin In West Texas In The Spotlight As Oil Prices Soar

Joe Raedle/Getty Images News


The Tulsa, OK-based Helmerich & Payne (NYSE:HP) released its fiscal second-quarter 2022 results on April 28, 2022.

Note: I recommend reading my new article on Nabors Industries (NBR), published on April 30, 2022, by


HP: Rig status presentation (H&P Presentation)


HP: Rig count press release (H&P press release)


H&P capital structure comparison presentation (H&P)


HP quarterly revenues per segment fiscal 2Q22 (Fun Trading)

Data by YCharts


HP: Quarterly Revenues history (Fun Trading)

Helmerich & Payne reported $467.60 million in the fiscal second quarter of 2022, up from $296.17 million in the same quarter a year ago and up 14.1% sequentially.


HP: Quarterly Free cash flow History (Fun Trading)


HP: Quarterly Cash versus Debt history (Fun Trading)


HP: TA Chart short-term (Fun Trading/Stockcharts)

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