Today, the Sr. VP, drilling subsidiary of Helmerich & Payne (NYSE: HP), Robert Stauder, sold shares of HP for $264.7K.
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Based on Helmerich & Payne’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $577 million and GAAP net loss of $12.6 million. In comparison, last year the company earned revenue of $405 million and had a GAAP net loss of $49.26 million. HP’s market cap is $7.51B and the company has a P/E ratio of 17.19. Currently, Helmerich & Payne has an average volume of 609.8K.
12 different firms, including BMO Capital and Citigroup, currently also have a Sell rating on the stock. Based on 4 analyst ratings, the analyst consensus is Hold with an average price target of $67.50, reflecting a 2.8% upside.
The insider sentiment on Helmerich & Payne has been negative according to 57 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Helmerich & Payne, Inc. engages in contract drilling of oil and gas well. It operates through the following segments: U.S. Land, Offshore, and International Land.
