Benzinga | Nov 19, 2020 04:31PM EST

Helmerich & Payne: Q4 Earnings Insights

Shares of Helmerich & Payne (NYSE:HP) were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 294.74% over the past year to ($0.74), which beat the estimate of ($0.80).

Revenue of $208,267,000 decreased by 67.91% from the same period last year, which beat the estimate of $201,980,000.

Guidance

Helmerich & Payne hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

52-week high: $47.33

Company's 52-week low was at $12.40

Price action over last quarter: Up 12.40%

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.