NYSE:HPEnergy Services
International Stabilization and Margin Strength Might Change the Case for Investing in Helmerich & Payne (HP)
Helmerich & Payne recently reported resilient third-quarter margins in North American Services, early signs of international market stabilization, and better-than-expected fourth quarter guidance, while the company’s VP and CAO sold 6,700 shares.
Successful cost synergies from the KCA integration, particularly in Saudi Arabia, are helping offset challenges from a lower North American rig count and rig suspensions abroad.
We'll explore how improving North American margins and international...