Helmerich & Payne, Inc. press release
Shares of Helmerich & Payne Inc. (HP) Rise Above Previous 52-Week High
NYSE - New York Stock Exchange · Oil · Natural Gas · United States
Helmerich & Payne Inc. (NYSE:HP)traded today at a new 52-week high of $35.87. This new high was reached on below average trading volume as 689,000 shares traded hands, while the average 30-day volume is approximately 1.3 million shares.
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small presence internationally.
In the past 52 weeks, Helmerich & Payne Inc. share prices are bracketed by a low of $12.87 and a high of $35.87 and is now at $35.87, 179% above that low price.
Potential upside of 60.0% exists for Helmerich & Payne Inc., based on a current level of $35.87 and analysts' average consensus price target of $57.38.
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