Oil prices wax and wane, but keeping drilling costs low for customers is going to keep this drilling services provider's business growing
News & Analysis: Helmerich & Payne
Helmerich & Payne sees a big change in the drilling services sector taking shape, and it wants to get a piece of the action
The land-rig owner was able to grow its top and bottom lines, thanks to drilling remaining surprisingly steady through the recent downturn.
HP earnings call for the period ending December 31, 2018.
Helmerich & Payne has a long history of rewarding investors with dividends, but its financials are starting to deteriorate.
HP earnings call for the period ending September 30, 2018.
What a company does during industry upturns isn't what makes it great, it's how it handles downturns that's the real differentiator.
There is a lot of value in shares of Helmerich & Payne, Enbridge, and Tellurian right now.
Costs are going up in the energy industry, and some drillers have little to show for it.
Demand for Helmerich & Payne's drilling services has turned a corner, and now the company is trying to take full advantage of another upgrade cycle