Helmerich & Payne, Inc. press release
Watch for Continued Gains in Shares of Helmerich & Payne Inc. (HP)
NYSE - New York Stock Exchange · Oil · Natural Gas · United States
Helmerich & Payne Inc. (NYSE:HP)traded at a new 52-week high today of $53.22. This new high was reached on below average trading volume as 382,000 shares traded hands, while the average 30-day volume is approximately 1.4 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.
Helmerich & Payne Inc. (NYSE:HP) has potential upside of 73.7% based on a current price of $50.75 and analysts' consensus price target of $88.14.
In the past 52 weeks, Helmerich & Payne Inc. share prices are bracketed by a low of $20.93 and a high of $53.22 and is now at $50.75, 142% above that low price.
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