Shares of Helmerich & Payne HP were unchanged in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 730.77% year over year to ($0.82), which missed the estimate of ($0.79).
Revenue of $246,377,000 decreased by 59.92% from the same period last year, which beat the estimate of $236,120,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Helmerich & Payne hasn't issued any revenue guidance for the time being.
Recent Stock Performance
52-week high: $46.37
52-week low: $12.40
Price action over last quarter: Up 28.62%
Company Profile
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. tight oil and gas basin and also has a small presence internationally.
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