Today, the VP & CFO of Helmerich & Payne, Juan Pablo Tardio, exercised options of Helmerich & Payne (NYSE: HP) for $3.82M.
Following Juan Pablo Tardio’s last HP Sell transaction on April 02, 2018, the stock climbed by 8.6%. In addition to Juan Pablo Tardio, one other HP executive reported Sell trades in the last month.
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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 $7.91B and the company has a P/E ratio of 18.08. Currently, Helmerich & Payne has an average volume of 725.6K.
12 different firms, including BMO Capital and Citigroup, currently also have a Sell rating on the stock. Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $72.00, reflecting a -1.8% downside.
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.
