Helmerich & Payne Down 16% in a Year: Is the Stock a Sell?
Helmerich & Payne(HP) ZACKS·2024-10-15 04:01
Shares of oil and gas drilling contractor Helmerich & Payne (HP) have lost around 16% of their value in the past year, contrasting with the sector's increase of 2.2%. The S&P 500 Index has risen 32.5% over the same timeframe. HP One-Year Stock Performance Image Source: Zacks Investment Research Let's now take a close look at Helmerich & Payne, with an eye on where it stands after falling so much, along with what we can expect going forward. What's Dragging Down HP Stock? Investors seem to be worried about t ...