Workflow
Helmerich & Payne Down 10% in a Year: What Awaits the Stock?
HPHelmerich & Payne(HP) ZACKS·2024-12-16 21:55

Helmerich & Payne (HP) has endured 12 tough months, with its shares dropping roughly 10%, starkly underperforming the broader energy sector's 4.3% gain and the S&P 500 Index’s impressive 28.5% surge.HP One-Year Stock Performance Image Source: Zacks Investment ResearchThis steep decline begs the question: where does this oil and gas drilling contractor stand now? Let’s dive deeper into HP’s performance, challenges, and future outlook to uncover what might be next for the company.Helmerich & Payne Disappoints ...